Friday , 23 October 2026

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Tiger Shroff Invests in ‘Breez by Danube,’ Reinforcing Strong Global Confidence in Dubai Real Estate

DUBAI / GULF TIME Bollywood actor Tiger Shroff has invested in an apartment at ‘Breez by Danube,’ a premium waterfront residential tower by Danube Properties, founded by Rizwan Sajan, Founder and Chairman of the Danube Group. This investment further highlights Danube’s rising status as a preferred destination for global celebrities and investors. Breez By Danube is a premium residential project …

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Launch of Yas Park Place generates over AED800 million: Aldar

ABU DHABI / WAM Aldar announced on Thursday it has sold 80 percent of the homes released at Yas Park Place, its new mid-rise residential community at the heart of Yas Island, generating more than AED800 million in sales. The sales performance was supported by a series of customer events in Abu Dhabi, Dubai, London, Hong Kong and Shanghai. Expatriate …

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FAB reports net profit of AED5.01 billion in Q1’26

ABU DHABI / WAM First Abu Dhabi Bank (FAB) recorded a net profit of AED5.01 billion for the first quarter of 2026 (Q1’26), while Return on Tangible Equity (RoTE) remained firmly above the Group’s medium-term guidance at 17.8 percent. Operating income increased by 6 percent yoy to AED9.34 billion, while operating profit rose by 5 percent yoy to AED7.22 billion. …

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Abu Dhabi’s Masdar marks 20 years in renewable energy

ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar is marking 20 years of leadership in renewable energy, highlighting its role in advancing renewable energy globally. Founded by President His Highness Sheikh Mohamed bin Zayed Al Nahyan on 23rd April 2006, through Mubadala Investment Company (Mubadala), Masdar was built with a clear mandate: diversify the UAE’s economy …

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Under directives of UAE President and in world first: Mohammed bin Rashid reveals new UAE government framework to deploy Agentic AI across 50% of government sectors, operations within two years

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince …

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Sharjah Ruler issues decree establishing Wadi Al Qarha Reserve

SHARJAH/WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree on the establishment of “Wadi Al Qarha” Nature Reserve in the Emirate of Sharjah. The decree stipulates that a natural reserve named “Wadi Al Qarha Nature Reserve” shall be established in the Emirate, with its geographical boundaries defined …

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Abu Dhabi authorities inspect 480 schools, nurseries

ABU DHABI / WAM Abu Dhabi authorities have conducted inspections of more than 480 schools and nurseries to assess emergency preparedness and strengthen safety standards across the education sector. The initiative was implemented through coordinated efforts between the Emergencies, Crises and Disasters Management Centre Abu Dhabi (ADCMC), the Abu Dhabi Department of Education and Knowledge (ADEK), and the Abu Dhabi …

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First Abu Dhabi Bank unveils net-zero transition plan in 2026

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has released its 2026 Transition Pathways Update. On Earth Day 2026, the report highlighted that FAB’s sustainable and transition finance activities contributed to nearly 4 million tonnes of CO₂ of avoided emissions in 2025. It also outlined continued progress in advancing the bank’s sustainability agenda and the progress of its Net …

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UAE President meets BlackRock Chairman and CEO

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met Larry Fink, Chairman and Chief Executive Officer of BlackRock. The meeting addressed a number of issues of mutual interest, including developments in global markets. The two sides also discussed artificial intelligence and advanced technology and the opportunities they present to support investment and the global …

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