Saturday , 25 April 2026

News

New members of Abu Dhabi Executive Council take oath before UAE President

ABU DHABI/WAM New members of the Abu Dhabi Executive Council were sworn in before UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan in the presence of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Council. Those who took the oath were His Excellency Shamis Ali Al Dhaheri, …

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UAE dispatches 100 tonnes of food aid to Gaza under ‘Humaid Air Bridge’, ‘Operation Chivalrous Knight 3’

SHARJAH/WAM An aid aircraft carrying more than 100 tonnes of relief supplies and essential food items departed this morning from Sharjah International Airport to support the Palestinian people in the Gaza Strip. The initiative forms part of the ‘Humaid Air Bridge’ and is implemented under the directives of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler …

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What is the “Golden Line’s” Impact on Dubai’s Real Estate Sector?

DUBAI / GULF TIME W Capital, a real estate brokerage based in Dubai, confirmed that the launch of the Dubai Metro’s Golden Line represents a strong strategic boost that will enhance the momentum of the emirate’s real estate sector and solidify its investment appeal in the coming years. The brokerage noted that major infrastructure projects, particularly advanced transportation networks, are …

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Launch of Yas Park Place generates over AED800 million: Aldar

ABU DHABI / WAM Aldar announced on Thursday it has sold 80 percent of the homes released at Yas Park Place, its new mid-rise residential community at the heart of Yas Island, generating more than AED800 million in sales. The sales performance was supported by a series of customer events in Abu Dhabi, Dubai, London, Hong Kong and Shanghai. Expatriate …

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FAB reports net profit of AED5.01 billion in Q1’26

ABU DHABI / WAM First Abu Dhabi Bank (FAB) recorded a net profit of AED5.01 billion for the first quarter of 2026 (Q1’26), while Return on Tangible Equity (RoTE) remained firmly above the Group’s medium-term guidance at 17.8 percent. Operating income increased by 6 percent yoy to AED9.34 billion, while operating profit rose by 5 percent yoy to AED7.22 billion. …

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Abu Dhabi’s Masdar marks 20 years in renewable energy

ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar is marking 20 years of leadership in renewable energy, highlighting its role in advancing renewable energy globally. Founded by President His Highness Sheikh Mohamed bin Zayed Al Nahyan on 23rd April 2006, through Mubadala Investment Company (Mubadala), Masdar was built with a clear mandate: diversify the UAE’s economy …

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Under directives of UAE President and in world first: Mohammed bin Rashid reveals new UAE government framework to deploy Agentic AI across 50% of government sectors, operations within two years

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince …

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300 Artists Celebrate World Art Day at Mohammed Bin Rashid Library

DUBAI / GULF TIME The Mohammed Bin Rashid Library organised a special event to celebrate World Art Day, bringing together more than 300 artists of diverse backgrounds, representing over 10 Arab and international nationalities. The initiative underscores the Library’s ongoing efforts to promote art and enrich the local cultural landscape. The event aligns with the Library’s commitment to supporting creative …

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