DUBAI / GULF TIME Recent studies from the UAE real estate market suggest that by 2026, there are 1,800 new units expected in New Dubai, while Central Dubai will see 1,900 upcoming units in the same timeframe. Feeding into the booming demand of Dubai’s real estate market, distinguished developers, London Gate, are all set to bring their promise of ‘Extraordinary ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received Cindy McCain, Executive Director of the United Nations World Food Programme (WFP), at Qasr Al Shati in Abu Dhabi. During the meeting, they discussed cooperation and coordination between UAE entities and WFP to deliver relief assistance to the Gaza Strip, given worsening humanitarian conditions for civilians in the ...

ABU DHABI/WAM First Abu Dhabi Bank (FAB) has achieved record performance in the first nine months of 2023, reporting that net profit for the period reached AED12.4 billion, up 58% year-on-year on an underlying basis (excluding Magnati-related gains in 2022). Revenue was AED20.5 billion, up 38% year-on-year, reflecting the successful and sustained execution of the bank’s growth strategy. FAB announced ...