ABU DHABI/WAM With the support of H.H. Sheikha Fatima bint Mubarak (Mother of the Nation), Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, the UAE has announced the restoration of the historic Umayyad Mosque in Damascus. H.H. Sheikha Fatima affirmed the humanitarian approach of the …
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Narendra Modi, Prime Minister of the Republic of India, explored opportunities to strengthen cooperation within the framework of the Comprehensive Strategic Partnership and Comprehensive Economic Partnership Agreement between the UAE and India. The discussions took place during an official visit to the UAE by the …
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ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Narendra Modi, Prime Minister of the Republic of India, today witnessed the exchange of several agreements and memoranda of understanding aimed at advancing cooperation between the two countries within the framework of their strategic partnership. The agreements exchanged during the Indian Prime Minister’s official visit …
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DUBAI/ GULF TIME Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, on Thursday announced its financial results for the first quarter ending March 31, 2026. The period was marked by a steady increase in core insurance business and a notable improvement in technical margins and investment performance, …
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SHARJAH / WAM Arada has signed its first sustainability-linked financing, a $100 million facility that has been agreed with First Abu Dhabi Bank and guaranteed by Italy’s export credit agency SACE. The financing agreement has been structured to align with Arada’s internal targets to achieve local impact and underscores the master developer’s commitment to pursuing green investment and sustainable construction …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a delegation from EDGE Group, the UAE-based advanced technology and defence solutions company. His Highness expressed his appreciation for the efforts of the group’s leadership, praising EDGE’s advanced technological solutions and successful international partnerships, which contribute to strengthening the UAE’s position as a global hub …
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UMM AL QUWAIN / WAM “Mint Gateway” and “Alternative Venture Capital”, a subsidiary of Abu Dhabi Capital Group, have announced receiving in-principle approval from the Central Bank of the UAE (CBUAE) to establish “Omla Community Bank”, which will be headquartered in the Emirate of Umm Al Quwain, with operational plans covering all emirates of the UAE. Speaking on behalf of …
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ABU DHABI / WAM EMSTEEL on Wednesday reported first-quarter revenue of AED2.2 billion, remaining broadly in line with the corresponding period in the prior year. EMSTEEL reported EBITDA of AED483 million for Q1 2026, representing an 82 percent year-on-year (YoY) increase. EBITDA margin expanded to 22.3 percent, compared to 12.3 percent in Q1 2025. The improvement was driven by a …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. Their Highnesses exchanged greetings and cordial conversations with fellow Sheikhs and guests at the majlis, and discussed a number of national issues concerning the country and its people, praying for the UAE’s continued …
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SHARJAH / WAM Sharjah’s real estate sector recorded transactions worth AED3.5 billion in April 2026, through 15,669 transactions across the emirate, according to data issued by the Sharjah Real Estate Registration Department. The total traded area in sales transactions reached approximately 13 million square feet, reflecting the stability of Sharjah’s real estate market. The real estate sector in Sharjah is …
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