Local News

UAE leaders congratulate President of Peru on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Dina Boluarte of the Republic of Peru on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

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Bodour Al Qasimi conferred University of Leicester’s first-ever honorary professorship

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, President and Chairperson of the Board of Trustees of American University of Sharjah (AUS), has been conferred the title of Honorary Professor by the University of Leicester—its first-ever honorary professorship and one of the highest honours it bestows—in recognition of her impactful contributions to women’s empowerment, child literacy and cultural development ...

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Binghatti Unveils AED 2.1 Billion Dubai Landmark “Binghatti Flare” at Mega Event in Egypt El-Alamein

EL-ALAMEIN / GULF TIME Binghatti has made another historic mark on Egypt’s North Coast with a grand seaside event attended by over 7,500 guests, increasing the turnout of its previous Cairo showcase beneath the Pyramids. The monumental evening was headlined by none other than Kadim Al Sahir, the legendary “Caesar of Arabic Music,” who delivered an unforgettable performance under the ...

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‘GCC records $587.8b in nominal GDP in Q4 2024’

MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (“GCC-Stat”) revealed that the nominal Gross Domestic Product (GDP) of the Gulf Cooperation Council (GCC) countries reached US$587.8 billion by the end of the fourth quarter of 2024, up from US$579 billion at the end of the fourth ...

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MoHAP: UAE a regional leader in fighting hepatitis

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has reaffirmed that fighting viral hepatitis is a strategic priority within the country’s health policies. As part of the UAE’s enduring commitment to strengthening its healthcare system and safeguarding community wellbeing, the UAE has implemented an integrated national programme focused on prevention, early detection, and treatment. Through robust collaboration across ...

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UAE family businesses strengthen growth, contribution to national economy

ABU DHABI/WAM The UAE continues to adopt a forward-looking vision to enhance the regulatory and legislative frameworks governing family businesses in the country. This vision aims to foster sustainable growth, ensure long-term viability, and strengthen the sector’s contribution to national economic competitiveness both regionally and globally. The Ministry of Economy and Tourism played a key role in issuing the world’s ...

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UAE’s Calidus concludes successful participation at IDEF 2025 in Istanbul

ISTANBUL/WAM UAE-based Calidus Holding Group has concluded its successful participation in the 17th edition of the International Defence Industry Fair (IDEF 2025), held at the Istanbul Expo Centre from 22 to 27 July, as part of the UAE National Pavilion, overseen by Tawazun Council for Defence Enablement (Tawazun). The Calidus stand witnessed strong engagement from senior officials, military leaders, and ...

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Brokers cement their role in Dubai’s real estate market, contributing to over 42,000 transactions at AED3.23 bn in H1 2025

DUBAI/WAM Dubai’s real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property transactions. Real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same ...

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ADFD advances Maldives aviation sector through inauguration of Velana International Airport project

MALÉ/WAM Aligned with its commitment to its strategic sustainable development goals, Abu Dhabi Fund for Development (ADFD) participated in the inauguration of the Velana International Airport, a landmark project that aims to significantly enhance Maldives’ infrastructure. With a total investment of AED 330.5 million (USD 90 million) from ADFD, the project was implemented in two phases, receiving co-financing from Saudi ...

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