ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to President Patrice Talon of Benin, and President Karin Keller-Sutter of the Swiss Confederation on the occasion of their countries’ National Days. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour ...
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Danube Properties Offers First-Time Buyers a Head Start with Dubai-Backed Ownership Plan
DUBAI / GULF TIME Danube Properties has partnered with the Dubai Department of Economy and Tourism (DET) and the Dubai Land Department (DLD) to support the launch of a dedicated First-Time Home Buyer (FTHB) initiative, aimed at making homeownership more accessible in Dubai.The program aims to support both Emiratis and expatriates in stepping onto the property ladder by offering unmatched ...
Read More »UAE leads intensive diplomatic efforts to lift Gaza blockade
ABU DHABI/WAM The UAE has been leading intensive diplomatic efforts since the outbreak of the crisis in the Gaza Strip in October 2023, working with regional and international partners to contain the violence and avert further escalation, while consistently stressing the urgent need for the swift, large-scale, and unimpeded delivery of humanitarian, relief, and medical aid to the brotherly Palestinian ...
Read More »TECOM Group reports AED737 million net profit in H1
DUBAI/WAM TECOM Group announced its financial results for the first half (H1) of the year ending 30th June 2025. The Group reported robust net profit growth of 22 percent year-on-year (YoY) to AED737 million, with revenue rising 21 percent YoY to AED 1.4 billion during the period. TECOM Group noted a YoY 24 percent increase in EBITDA, which reached AED1.1 ...
Read More »DEWA, Emirates Marine Environmental Group plant 13,350 mangrove trees
DUBAI/WAM Dubai Electricity and Water Authority (DEWA) organised 10 events from February 2023 to February 2025, in collaboration with the Emirates Marine Environmental Group, resulting in the planting of 13,350 mangrove trees at Jebel Ali Marine Sanctuary. More than 1,650 volunteers – including DEWA employees, their families, subsidiary staff and DEWA Academy students – recorded 3,626 hours of service. Additionally, ...
Read More »CBUAE imposes financial sanction of AED10.7 million on exchange house
ABU DHABI/WAM The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED10,700,000 on an exchange house, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations, and its amendments. The financial sanction has been imposed after assessing the findings of an examination ...
Read More »Sikanta Developments unveils boutique oasis Myra Residences in Dubai South
DUBAI / GULF TIME Sikanta Developments – one of Dubai’s emerging real estate innovators – has announced the launch of its flagship project, Myra Residences, a distinctive collection of 64 premium homes nestled in the heart of Dubai South. Blending elegance, comfort, and a strong sense of community, Myra sets a new benchmark in boutique living, offering a thoughtfully curated ...
Read More »Alpha Dhabi posts AED6.6 billion net profit in H1
ABU DHABI/WAM Alpha Dhabi Holding has announced its financial results for the first half of 2025, reporting a net profit of AED6.6 billion. Adjusted EBITDA rose to AED8.7 billion, marking a 34 percent increase compared to the same period last year. Alpha Dhabi’s sustained focus on capturing strategic opportunities and continued momentum in executing its strategy across key verticals is ...
Read More »UAE leaders congratulate Presidents of Benin, Switzerland on National Days
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to President Patrice Talon of Benin, and President Karin Keller-Sutter of the Swiss Confederation on the occasion of their countries’ National Days. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin ...
Read More »Fourth Abu Dhabi Finance Week to take place in December
ABU DHABI/WAM Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 4th Abu Dhabi Finance Week (ADFW), hosted by ADGM in collaboration with ADQ, will take place from 8th to 11th December 2025 under the theme Engineering the Capital Network. The agenda ...
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