Thursday , 11 June 2026

Recent Posts

CBUAE support package to enhance financial institutions’ resilience reaches AED6.2 billion

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) today announced the key outcomes of the comprehensive proactive support package aimed at enhancing the resilience of financial institutions. The CBUAE said the total value of facilities benefiting from the package reached AED6.2 billion, including loan deferments, interest relief and fee waivers. It noted that the number of beneficiaries reached 65,379, …

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UAE air defences intercept 2 ballistic missiles, 3 UAVs

ABU DHABI/WAM The Ministry of Defence announced that on 8th May, 2026, UAE air defence systems intercepted two ballistic missiles and three UAVs launched from Iran, resulting in three moderate injuries. Since the beginning of the blatant Iranian attacks targeting the United Arab Emirates, the air defence systems have intercepted 551 ballistic missiles, 29 cruise missiles and 2,263 UAVs. The …

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Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands

DUBAI / GULF TIME Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all three …

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