Friday , 23 October 2026

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Mubadala assets under management grow 17 percent to AED1.4 trillion

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi–based sovereign investor, on Thursday reported strong financial performance in its 2025 annual results. Assets under management grew 17 percent to AED1.4 trillion (US$385 billion), with annualised five- and ten-year returns exceeding 10 percent. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO, commented, “The strength of Mubadala’s performance in 2025 …

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Mohammed bin Rashid: “We take pride in our country, Our president, our Armed Forces, our economy, and all citizens and residents who move this country forward every day”

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has called on citizens and residents across the country to raise the UAE flag on homes, institutions, and buildings. The call highlights a renewed focus on unity, national identity, and shared responsibility, and reinforces the role of the flag as a …

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‘The City of Knowledge’ turns young talent into storytellers

DUBAI / GULF TIME Dubai Culture and Arts Authority (Dubai Culture) has announced ‘The City of Knowledge,’ a theatrical production that uses storytelling and performance to explore how knowledge helps young people adapt to change and build resilience, positioning education as central to personal development. It reflects the Authority’s commitment to creating spaces where children can develop their cultural and …

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ADMA, Minexx to deploy AI mineral processing in Congo

ABU DHABI / WAM Abu Dhabi Maritime Academy (ADMA), the region’s leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo (DRC). The agreement covers the design and deployment of an …

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UAE air defences engage 17 ballistic missiles, 35 UAVs

ABU DHABI / WAM The Ministry of Defence announced that on Wednesday, 8 April 2026, UAE air defences engaged 17 ballistic missiles and 35 UAVs launched from Iran. Since the onset of the blatant Iranian attacks, UAE air defences have engaged a total of 537 ballistic missiles, 26 cruise missiles, and 2,256 UAVs. These attacks resulted in injuries to 3 …

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ADREC reports 160.7% growth in transactions in Q1 of 2026

Abu Dhabi / WAM The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of the Abu Dhabi’s real estate sector, has reported that total transaction value reached AED66 billion representing a 160.7 percent increase across 13,518 deals in the first quarter of 2026 in the emirate, compared to AED25.31 billion from 6,896 transactions in the same period of …

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340 teachers join UAE Digital School programme in Mauritania

DUBAI / WAM The Digital School, one of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), announced that 340 teachers have joined the Digital Teacher Preparation Programme at the Teacher Training Institute in Nouakchott, Mauritania. The programme is delivered by the school’s Global Digital Teacher Academy, reflecting the accelerated efforts to advance digital transformation in the education sector and …

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UAE Air Defences engage one ballistic missile, 11 UAVs

ABU DHABI / WAM The Ministry of Defence announced that on 7th April 2026, UAE air defence systems successfully engaged one ballistic missile and 11 UAVs launched from Iran. Since the onset of these blatant Iranian attacks, UAE air defences have engaged a total of 520 ballistic missiles, 26 cruise missiles, and 2,221 UAV’s. No martyrs, fatalities, or injuries have …

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