Friday , 1 May 2026

News

UAE-Korea CEPA officially enters into force on May 1

ABU DHABI/WAM The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Korea will officially enter into force, on 1st May 2026. The agreement marks a significant step forward in economic relations between the two countries, and is set to unlock new trade and investment opportunities across a range of sectors and support deeper private-sector …

Read More »

CBUAE, ICP, ADCB launch digital bank account opening services through ‘Tourist Identity’ initiative

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE), in collaboration with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) and Abu Dhabi Commercial Bank (ADCB), has announced the launch of digital bank account opening services through the “Tourist Identity” initiative. The service enables non-resident visitors to open digital bank accounts instantly and securely using …

Read More »

UAE Attorney-General refers network of 13 defendants, six firms to State Security Court over bid to transit military materiel to Port Sudan Authority

ABU DHABI/WAM Counsellor Dr Hamad Saif Al Shamsi, Attorney-General of the UAE, has ordered the referral of 13 defendants and six UAE-registered companies to the Abu Dhabi Federal Court of Appeal (State Security Court), on charges of illicit trafficking in military materiel, forgery, and money laundering. The decision follows extensive investigations by the Public Prosecution, which revealed that the defendants …

Read More »

UAE President receives President of Iraq’s Kurdistan Region

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Nechirvan Barzani, President of the Kurdistan Region of Iraq. During the meeting, the two sides discussed cooperation between the UAE and the Republic of Iraq, including the Kurdistan Region, and ways to expand it in a manner that supports mutual interests and benefits both peoples. They also …

Read More »

ADX hosts region’s 1st initial offering period for US-based ETF

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) Group on Thursday announced hosting the region’s first initial offering period (IOP) for a US-based ETF, followed by the cross-listing of the KraneShares Wahed Alternative Income Index ETF (KWIN). This milestone underscores ADX’s continued innovation in expanding access to global investment products and enhancing market accessibility for investors. The IOP …

Read More »

UAE’s transport, supply chain system continues to operate efficiently: Minister

ABU DHABI / WAM Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure and Chairman of the Supply and Transport Committee, affirmed that the UAE’s transport and supply chain system continues to operate efficiently and steadily, supported by an integrated national approach based on proactiveness, integration, and future readiness. Al Mazrouei said, “The continuity of the transport and supply chain …

Read More »

Borouge delivers resilient Q1 2026 net profit of $156 million

ABU DHABI / WAM Borouge Plc announced a resilient financial and operational performance for the first quarter of 2026, delivering revenue of $1.2 billion, adjusted EBITDA of $343 million and net profit of $156 million despite current regional developments and logistics challenges. The company’s results were underpinned by strong operational execution, delivering 1.21 million tonnes of production at 98 percent …

Read More »

UAE President receives President of Iraq’s Kurdistan Region

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Nechirvan Barzani, President of the Kurdistan Region of Iraq. During the meeting, the two sides discussed cooperation between the UAE and the Republic of Iraq, including the Kurdistan Region, and ways to expand it in a manner that supports mutual interests and benefits both peoples. …

Read More »

UAE President and New Zealand Prime Minister discuss ties and regional developments in phone call

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from The Right Honourable Christopher Luxon, Prime Minister of New Zealand, during which they discussed ways to expand cooperation within the framework of the two countries’ Comprehensive Economic Partnership Agreement. The two sides affirmed their commitment to advancing the partnership and enhancing …

Read More »

International Parkinson’s Patient Travels Over 18 Hours to Dubai for Advanced Treatment at King’s College Hospital London, Dubai

DUBAI / GULF TIME Parkinson’s disease does not stop for conflict, uncertainty, or distance. For people with advanced neurological conditions, timely specialist care is always needed. This was clear in the journey of a 57-year-old man who traveled to Dubai for treatment at King’s College Hospital Dubai, overcoming several disruptions along the way. His planned route soon became complicated when …

Read More »