Friday , 24 April 2026

News

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 …

Read More »

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. …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

On World Heritage Day Mohammed Bin Rashid Library Leads an Inspiring Vision to Preserve Heritage

  DUBAI / GULF TIME As the world celebrates World Heritage Day, the Mohammed Bin Rashid Library stands out as one of the leading cultural institutions playing a pivotal role in preserving human heritage. It is driven by a comprehensive vision that combines the authenticity of knowledge with technological advancement, offering a global model for protecting cultural memory and passing …

Read More »

Zayed National Museum launches 4 new children’s books to help young readers explore key aspects of the UAE’s identity

ABU DHABI / AD MEDIA OFFICE Zayed National Museum, the national museum of the United Arab Emirates, has launched four new children’s books in English and Arabic. Rooted in the UAE’s traditions and natural environments, the books are designed with interactive features, including touch-and-feel elements, pop-up illustrations and engaging animations, to create an immersive learning experience for young readers. Through …

Read More »

Sharjah Ruler issues decree establishing Wadi Al Qarha Reserve

SHARJAH/WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree on the establishment of “Wadi Al Qarha” Nature Reserve in the Emirate of Sharjah. The decree stipulates that a natural reserve named “Wadi Al Qarha Nature Reserve” shall be established in the Emirate, with its geographical boundaries defined …

Read More »