ABU DHABI/WAM The UAE continues to consolidate its position as one of the most dynamic real estate markets, with a steady pace of new project launches and uninterrupted construction activity during March 2026. This accelerating momentum in projects and rising sales reflects the strength of the UAE real estate market and its global standing as a reliable long-term investment destination. …
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Mubadala Energy secures Southwest Andaman exploration block
ABU DHABI/WAM Mubadala Energy, the Abu Dhabi-headquartered international energy company, on Thursday announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia’s Gross Split scheme. The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100 percent participating interest and …
Read More »UAE’s 328th aid convoy enters Gaza with 270 tonnes of clothing
GAZA/WAM The United Arab Emirates has dispatched its 328th humanitarian aid convoy to the Gaza Strip as part of “Operation Chivalrous Knight 3”, carrying a shipment of children’s clothing under the “Clothing of Hope for Our Children in Gaza” initiative. The convoy, which has arrived in Gaza, consists of 15 trucks loaded with 270 tonnes of clothing and garments for …
Read More »Joint Statement by UAE, Kuwait, Bahrain, Saudi Arabia, Qatar, Jordan on Iran’s blatant attacks
ABU DHABI/WAM The United Arab Emirates, the State of Kuwait, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the State of Qatar, and the Hashemite Kingdom of Jordan renew their condemnation in the strongest terms of the blatant Iranian attacks, which constitute a flagrant violation of their sovereignty, territorial integrity, international law, international humanitarian law, and the Charter of …
Read More »ADCCI conducts meetings on market stability, supply chain resilience
AD MEDIA OFFICE / ABU DHABI The Abu Dhabi Chamber of Commerce and Industry (ADCCI) this week hosted a series of high-level meetings bringing together government bodies and business leaders to address market stability and supply chain challenges amid evolving global economic conditions. More than 80 public and private entities participated in the three-day dialogue sessions. Key stakeholders included the …
Read More »UAE air defences intercept 15 ballistic missiles, 11 UAVs
ABU DHABI/WAM The UAE air defences on Thursday intercepted 15 ballistic missiles and 11 UAVs launched from Iran. Since the start of the blatant Iranian attacks, UAE air defences have intercepted 372 ballistic missiles, 15 cruise missiles and 1,826 UAVs. The attacks resulted in the martyrdom of two members of the armed forces while performing their national duty, in addition …
Read More »UAE banks investments reach AED872.3b by end of January
ABU DHABI/WAM Investments by banks operating in the UAE increased by 2 percent on a monthly basis, rising by AED16.9 billion during January 2026 to reach AED872.3 billion by the end of the month, while annual growth reached 17.4 percent compared to January 2025, according to banking indicators issued today by the Central Bank. Data showed that banks’ investments in …
Read More »UAE air defences engage nine UAVs
ABU DHABI/WAM The UAE air defence systems on 25th March 2026 engaged nine UAVs launched from Iran. Since the onset of the blatant Iranian aggression, UAE air defences have engaged 357 ballistic missiles, 15 cruise missiles and 1,815 UAVs. These attacks have resulted in the martyrdom of three members of the armed forces while performing their national duty, as well …
Read More »DMT, ADGM launch unified system for Abu Dhabi
ABU DHABI/WAM The Department of Municipalities and Transport (DMT) and ADGM have successfully integrated their systems to allow the licensing and classification of engineering firms and professionals to work across the emirate. Previously, ADGM registered organisations and individuals, encompassing Al Reem Island and Al Maryah Island, served under separate regulatory frameworks as DMT-only classified firms operating with an Abu Dhabi …
Read More »Gross banks’ assets up by 1.4% to AED5,413.6b at end of January 2026: CBUAE
ABU DHABI/WAM Gross banks’ assets increased by 1.4% from AED 5,339.9 billion at the end of December 2025 to AED 5,413.6 billion at the end of January 2026, according to a report on the Monetary & Banking Developments – January 2026 issued by the Central Bank of the UAE (CBUAE). The report showed that the gross credit increased by 1.1% …
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