ABU DHABI / WAM The Board of Directors of Abu Dhabi Islamic Bank (ADIB) has approved a proposal to raise AED1.75 billion through a rights issue, subject to obtaining the necessary shareholder and regulatory approvals, including approval from the Central Bank of the UAE. Building on ADIB’s strong growth momentum, the proposed rights issue supports the next phase of growth …
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DUBAI / WAM Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the emirate ranked first globally in the number of Greenfield foreign direct investment (FDI) projects in the cultural and creative industries (CCIs) for the fourth consecutive year, according to the 2025 Financial Times Ltd.’s fDi Markets …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a written message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, including an official invitation to participate in the 2026 UN Water Conference, which will be hosted by the UAE in partnership with the Republic …
Read More »GULF TIME Waking up tired every morning and persistent loud snoring may be more than signs of long working hours, stress, or a busy lifestyle. According to sleep medicine specialists, these symptoms could indicate sleep apnea, a common yet often undiagnosed medical condition that can have health implications extending far beyond disrupted sleep. Obstructive sleep apnea is a sleep disorder …
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DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) has unveiled the September programme of its ‘School of Life’ project, celebrating Emirati women and highlighting their contributions and achievements, while shedding light on the role of ‘Generation Shapers’ in nurturing generations and shaping the future. Coinciding with the back-to-school season, the programme features 46 workshops and interactive sessions hosted …
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DUBAI / WAM Dubai Chambers has highlighted the continued expansion of economic ties between Dubai and India, driven by growing trade and investment flows and increasing cooperation in future-focused sectors. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, discussed the strength of bilateral relations during a panel session at The Economic Times World Leaders Forum 2026 in New …
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ABU DHABI / WAM The UAE insurance sector continued its strong growth in 2025, recording improvements across most key performance indicators, driven by higher gross written premiums, paid claims, technical provisions and total assets, reflecting the sector’s strength and its growing role in supporting the country’s financial and economic stability. Data from the annual statistical report on insurance activity in …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, on the success of parliamentary elections.
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ABU DHABI / WAM Khalifa University of Science and Technology on Monday announced its position among the world’s top 200 universities across four United Nations (UN) Sustainable Development Goals (SDGs), while recording a substantial improvement in its overall position in the Times Higher Education (THE) Sustainability Impact Ratings 2026. The university advanced to the 301–400 global band, rising from 401–600 …
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LONDON / WAM Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has strengthened its commitment to UK energy security with its second battery energy storage system (BESS) project in the country starting commercial operations. The opening of the facility in Rochdale is the latest milestone in Masdar’s planned £1 billion investment program in BESS projects …
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