WORLD CAPITALS / WAM Gold prices fell to a near one-week low on Monday, pressured by a stronger dollar. Spot gold was down 1.1 percent at US$4,694.30 per ounce, its lowest level since 7th April. US gold futures for June delivery fell 1.4 percent to US$4,717.80. Among other metals, spot silver fell 1.9 percent to US$74.45 per ounce, platinum lost …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Sunday received His Excellency Dr Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India. During the meeting, His Excellency Dr Jaishankar conveyed to His Highness the greetings of His Excellency Narendra Modi, PM of India, and his wishes for the UAE’s continued security …
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ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) has announced the launch of an innovative strategic project to implement microgrid systems, marking a significant step forward in reinforcing the UAE’s approach to building a smart, resilient, and adaptive energy ecosystem. The initiative is designed to strengthen energy security, sustainability, and efficiency, while supporting the objectives of the …
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ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Dr. Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India to discuss regional security following Iran’s unprovoked and terrorist missile attacks against the UAE and several sisterly and friendly countries. The two top diplomats discussed the serious implications …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a wedding reception held to celebrate the marriage of Rashid Mohammed Ahmed Hamel Al Qubaisi to the daughter of Saeed Rashid Sultan Al Muhairi. His Highness congratulated the groom and his family, wishing him a happy and fulfilling married life. The groom’s family expressed their …
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DUBAI / WAM Dubai International Financial Centre (DIFC) is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment. In a statement on Thursday, DIFC stated that effective immediately, the initiatives are designed to ease short-term operational and financial pressures. Arif Amiri, Chief Executive Officer of …
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DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd and Blackstone Credit & Insurance (BXCI) today announced an agreement to partner to launch a new long-term global investment programme that will be branded “Equator” and will invest in aircraft on lease to commercial airlines, with a target deployment of approximately US$1.6 billion annually. Equator will build a diversified portfolio of commercial …
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ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced an increase in money supply aggregate M1 by 1.7 percent, from AED1,081.3 billion at the end of January 2026 to AED1,099.8 billion at the end of February 2026. The increase was supported by an increase in currency in circulation outside banks by 1.4 percent and in monetary deposits …
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ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Kaja Kallas, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission. During the meeting, the two sides discussed ways to enhance cooperation between the United Arab Emirates and the European Union …
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ABU DHABI / GULF TIME Abu Dhabi welcomed a record 26.6 million visitors in 2025, reinforcing its position as an emerging global cultural capital and a tourism destination of choice, according to the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The milestone reflects the emirate’s growing international appeal and its commitment to long-term, sustainable economic impact. …
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