Saturday , 25 July 2026

News

Burtville Developments Launches “Bab Al Qasr Garden Residences 65” on Masdar City’s Largest Residential Land Plot

GULF TIME Burtville Developments has announced the launch of Bab Al Qasr Garden Residences 65, a premium branded residential development in Masdar City, Abu Dhabi. Carrying the prestigious Bab Al Qasr hospitality brand, the project is being developed on the largest residential land plot in Masdar City, spanning more than 310,000 square feet, introducing a new benchmark for integrated communities …

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OGold Crosses 1.5 Million Users as Digital Gold and Silver Investments Accelerate Across the Region

DUBAI / GULF TIME OGold, the premier Shariah-compliant gold and silver-backed super app, has announced a major milestone of surpassing 1.5 million users, cementing its position as one of the region’s fastest-growing digital precious metals investment apps. The achievement reflects the increasing adoption of digitally accessible, Shariah-compliant wealth solutions as investors seek secure, transparent, inflation-resilient assets in an evolving global …

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Nafis explores Korea’s innovation, ‘digital ecosystem’

ABU DHABI / WAM Participants from the third cohort of the Nafis Leadership Programme, organised by the Emirati Talent Competitiveness Council (ETCC) in partnership with the UAE Government Leaders Programme, will conclude a knowledge exchange and field study visit in the brotherly Republic of Korea on Friday. The visit, a part of the training curriculum of the Nafis Leadership Programme, …

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ADGM RA strengthens Commercial Permits framework with regulations

ABU DHABI / WAM The Registration Authority (RA) of ADGM, the international financial centre of Abu Dhabi, has announced updates to its Commercial Permits framework through new regulations and comprehensive guidance for sales and promotions, reinforcing its commitment to a transparent, efficient and business-friendly regulatory environment for entities operating within its jurisdiction. The updated framework introduces a dedicated and streamlined …

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UAB reports net profit of AED201 million for H1 2026

SHARJAH / WAM United Arab Bank P.J.S.C. (UAB) reported its financial results for the six months ending 30th June 2026, earning a net profit of AED201 million. The results are underpinned by 13% year-on-year growth in total operating income, reflecting the Bank’s disciplined execution of its strategy, strong asset growth, and prudent risk management amid global market volatility and regional …

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Mohammed bin Rashid approves National Programme for Developing Statistics System in UAE

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the National Programme for Developing the Statistics System in the UAE. This strategic initiative embodies the UAE’s commitment to enhancing the quality of official economic statistics, keeping pace with rapid transformations of the economy, and consolidating the UAE’s standing …

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UAE strongly condemns attack by Houthi group on Saudi-flagged vessel

ABU DHABI/WAM The United Arab Emirates has condemned in the strongest terms the attack by the Houthi group targeting the Saudi-flagged vessel Encelia while sailing in the Red Sea. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that this attack constitutes a grave threat to the safety and security of international navigation and represents a dangerous escalation aimed …

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UAE President receives Ruler of Fujairah and Crown Prince

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, who was accompanied by His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah. During the meeting, Their Highnesses exchanged cordial greetings and discussed various topics …

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Hamdan bin Zayed receives delegation from Etihad Rail, directs launch of Madinat Zayed, Liwa passenger stations on 30 November

ABU DHABI / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, received a delegation from Etihad Rail, developer and operator of the UAE National Railway Network, headed by Shadi Malak, CEO of Etihad Rail, at Al Nakheel Palace in Abu Dhabi. The delegation was accompanied by several senior executives from the company. H.H. Sheikh …

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UAE leaders congratulate Egyptian President on July 23 Revolution anniversary

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, on the anniversary of the July 23 Revolution. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin …

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