ABU DHABI / WAM The value of transfers executed in the country’s banking sector through the UAE Funds Transfer System (UAEFTS) reached AED9.528 trillion during the first five months of this year. According to Banking Operations Statistics issued on Tuesday by the Central Bank of the UAE (CBUAE), the value of transfers carried out by banks amounted to AED5.963 trillion, ...

ABU DHABI / WAM The Ministry of Education (MoE), in cooperation with the UAE Government Media Office, held a media briefing in the presence of Sarah Al Amiri, Minister of Education, to outline its key preparations and development plans for the academic year 2025–2026, in line with national priorities. The briefing was also attended by Mohammed Al Qassim, Under-Secretary of ...

ABU DHABI / WAM In line with the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the concerned authorities to support wildfire extinguishing efforts in Montenegro, a UAE team has begun participating in operations to combat fires raging across several areas of the country. A UAE aircraft equipped for firefighting and loaded with the necessary equipment ...

DUBAI / GULF TIME Faraday Future Intelligent Electric Inc, a California-based global shared intelligent electric mobility ecosystem company, has officially launched its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy — marking the beginning of a new chapter in AI mobility and Web3 integration. This initiative integrates Embodied AI (EAI) with the explosive growth of the crypto asset economy to ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED1,011.9 billion at the end of April 2025 to AED1,015.6 billion at the end of May 2025. The increase was due to AED3.4 billion growth in monetary deposits, and AED0.3 billion increase in currency in circulation outside banks. ...

ABU DHABI / WAM The UAE continues its humanitarian support for the Palestinian people in the Gaza Strip. On Monday, the UAE carried out the 74th airdrop of aid under operation “Birds of Goodness,” part of “Chivalrous Knight 3,” in cooperation with the Hashemite Kingdom of Jordan and with the participation of Germany, Italy, Belgium, France, the Netherlands, Singapore, and ...

DUBAI/ WAM The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development’s (IMD) World Competitiveness Yearbook. This marks a remarkable jump of 27 positions from its 43rd place in 2024. The ...

DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and the guidance of HH 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, the Mohammed Bin Rashid ...

DUBAI/GULF TIME O Gold, the UAE’s first Emirati fractional gold and silver ownership app, has been awarded a Shariah Compliance Certification from the Center of Islamic Banking and Economics. This certification marks a significant milestone and reaffirms the company’s commitment to Islamic finance principles. O Gold offers insured and secure gold and silver buying and selling, along with Wakalah Gold ...

ABU DHABI / WAM The Sheikh Zayed Grand Mosque Centre in Abu Dhabi witnessed a significant increase in visitor numbers during the first half of 2025, welcoming a total of 4,346,831 guests, marking a 5 percent growth compared to the same period in 2024, reaffirming the mosque’s position as a leading religious and cultural destination on the global stage. The guest count included 1,948,482 ...