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 ...

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 ...

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 ...