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ABU DHABI, 14th October, 2026 (WAM) — Agility Global PLC (Agility), a multi-business owner, operator and long-term investor, has agreed to sell 100% of its stake in Tristar, a global energy logistics business, to Aegis Logistics Limited, India’s leading integrated oil, gas, and chemical logistics company. The transaction values Tristar at $1.5 billion enterprise value (equity value of $882 million), at a multiple of ~6.0x on 2025 EBITDA. The transaction is expected to be closed before end of March 2027, subject to regulatory approvals. Under founder and CEO Eugene Mayne’s leadership, and with Agility’s capital backing and active management, Tristar…
DUBAI, 14th October, 2026 (WAM) — Officials and experts at the Annual Meetings of the Global Future Councils in Dubai said the future of finance and responsible AI adoption will depend on collaboration, effective governance and public trust in their contribution to sustainable development. Organised through a partnership between the UAE Government, the World Economic Forum and the Dubai Future Foundation, the Meetings featured “Economics after Certainty,” where Milojko Spajic, Hamed Ali, Sergei Guriev, Ma Song and Chinwe Egwim highlighted risk forecasting and management as central to future economic policy, sustainable growth and resource protection. Milojko Spajic, Prime Minister of…
DUBAI, 14th October, 2026 (WAM) — The Mohammed bin Rashid Leadership Forum, organised by the Mohammed bin Rashid Centre for Leadership Development (MBRCLD), hosted Robin Sharma, one of the world’s most renowned motivational speakers, a globally recognised expert in human development and leadership and the author of several international bestsellers, who shared his expertise and insights on leadership in a time of rapid economic, technological and geopolitical transformations, highlighting the key practices that help leaders maintain trust, make sound decisions, lead effectively and transform visions into tangible outcomes. Robin Sharma led two sessions during the forum, the first of which…
DUBAI, 14th October, 2026 (WAM) — In support of the ‘Dubai Cashless’ strategy, and complementing its efforts to enhance the integration of customs services and digital payments in a way that helps simplify procedures, improve the customer experience, and raise the efficiency of doing business, Dubai Customs announced that its cashless payment transaction rate reached 99.3% of total payment transactions in the first half of 2026, compared with 99.4% in 2025 and 99.2% in 2024. These results reflect the development of the organisation’s digital infrastructure, the efficiency of its electronic payment systems, and its commitment to providing a smooth and…
ABU DHABI, 14th October, 2026 (WAM) — The Arab Youth Centre (AYC) has announced support for 11 Arab innovators from seven countries through a US$150,000 grant from General Motors, enabling them to develop their projects, research and businesses in artificial intelligence, mobility, education, healthcare and medical technologies. The support coincides with the signing of a Memorandum of Understanding (MoU) between the two parties to expand their partnership, established in 2021, and explore new opportunities for cooperation in developing youth capabilities, supporting innovation and opening up career pathways. It also reflects a shared commitment to connecting Arab talent with the resources,…
ABU DHABI, 14th October, 2026 (WAM) — The next generation of world-class wrestlers are set to take to the mats in Abu Dhabi next month after Real American Freestyle (RAF), the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and the UAE Wrestling Federation announced a partnership to bring the wrestling promotion’s first international youth tournament to the Middle East – RAF NEXT GEN Abu Dhabi. Registration is now open across all weight classes. Athletes can register here, with limited places available in each division. Interested participants are encouraged to secure their spot as early as possible.…
DUBAI, 14th October, 2026 (WAM) — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, attended the graduation of the 2025–2026 cohort of the Mohammed bin Rashid Leadership Development Programme, organised by the Mohammed bin Rashid Centre for Leadership Development (MBRCLD). The programme is based on the leadership model of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness’ pioneering experience in cultivating leaders and empowering national talent. The graduation took place…
DUBAI, 14th October, 2026 (WAM) — German and Indian companies will showcase sustainable water and energy solutions at the 28th Water, Energy, Technology and Environment Exhibition (WETEX), organised by Dubai Electricity and Water Authority (DEWA) from 20th to 22nd October at the Dubai World Trade Centre. The German Pavilion will feature 20 specialised companies, many of which have been regular exhibitors for years. They will showcase products and innovations aimed at reducing emissions, protecting the environment and improving operational efficiency across sectors including energy, water, renewable energy, low-carbon hydrogen, environmental sustainability, automation, software, artificial intelligence (AI) and smart metering. Saeed…
DUBAI, 14th October, 2026 (WAM) — The Dubai International Financial Centre (DIFC) Courts have begun issuing court documents that recipients can verify anywhere in the world within seconds. Court orders and hearing records now carry a unique, blockchain-verifiable, nontransferable digital authenticity credential, allowing banks, government authorities, courts and counterparties to quickly verify that the DIFC Courts issued the document. This reduces the authentication delays commonly associated with using court documents across borders. When the DIFC Courts issues a court order or hearing record, a cryptographic fingerprint of the digital file is linked to a unique, NFT-based credential recorded on the…
ABU DHABI, 14th October, 2026 (WAM) — The Urban Planning and Permits Centre (UPPC) at the Department of Municipalities and Transport (DMT), has issued Circular No. 9 of 2026 regulating the roles and responsibilities of supervision consultants and contractors across all construction stages. The circular aims to accelerate project delivery, clarify stakeholder accountability, and enhance oversight efficiency while upholding strict quality and safety standards. The circular applies to all new and ongoing building projects in the Emirate of Abu Dhabi. It covers structural, architectural, mechanical, electrical, and plumbing (MEP) works, as well as any additional scopes or phases specified by…