DUBAI / GULF TIME Binghatti Holding Limited announced record-breaking financial results for the first quarter ended 31 March 2026, marking the company’s 10th consecutive record quarter, driven by strong sales execution, disciplined operations, and sustained demand across its diversified real estate portfolio. The company reported a net profit of AED 1.43 billion, representing a 73% year-on-year increase, while revenue rose …

ABU DHABI / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Final Annual Camel Races Festival (Wathba 2026) will kick off Monday, 11 May, at Al Wathba Camel Race Track. The 47th edition of the event will continue until 21 May and attract thousands of camels from the UAE and GCC countries. His …

DUBAI / WAM The UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office has launched a new guide titled “Leading Generative AI Applications”, designed to support government entities, private sector organisations, individuals, developers, and emerging talent in making optimal use of generative AI applications and accelerating their adoption across various fields. The initiative reflects the Office’s ongoing efforts to …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the launch of a new initiative in support of ongoing efforts to eradicate river blindness. Announced in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister …

DUBAI / WAM H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, met with Hiroyuki Ogawa, Founder of Kasumigaseki Capital, a leading Japan-based real asset group, with operations spanning real estate, hospitality, logistics, healthcare and development. The meeting explored the UAE’s sustained economic growth and its position as …

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, congratulated Bianca Odumegwu-Ojukwu on her appointment as Minister of Foreign Affairs of the friendly Federal Republic of Nigeria. During a phone call, the two ministers reviewed friendship ties and avenues of cooperation and joint work, alongside opportunities to strengthen collaboration in …

SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Thursday, inaugurated Khorfakkan Resort, in the presence of H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah. The resort was developed by Asas Real Estate, the property arm of Sharjah Islamic Bank, at a total cost …

SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, laid the foundation stone on Thursday morning for the Abu Al Kizan Marine Village project in Khorfakkan. The project comes as part of His Highness’s vision to develop tourism and urban projects and enhance quality of life across the cities of …

SHARJAH / WAM Bank of Sharjah today announced its financial results for the three-month period ended 31st March 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last two years. The Bank recorded net profit of AED151 million, up 30% from AED116 million in 2025, while profit before tax increased 28% to AED166 million, reflecting strong revenue …

ABU DHABI / WAM EDGE signed a Letter of Intent (LOI) with Nicomatic to establish a strategic cooperation framework for the local supply of advanced connector technologies at the Make it in the Emirates 2026. Witnessed by Hamad Al Marar, Managing Director and CEO, EDGE, the LOI was signed by Julien Nicollin, Group CEO, Nicomatic, and Ahmed Al Khoori, SVP, …