DUBAI / GULF TIME Casagrand has officially commenced construction work on Casagrand HERMINA at Dubai Islands, marking a significant milestone in the delivery of its debut residential development in the UAE and a clear transition from vision to visible progress on the ground. Luthfullah K, Director, Dubai, Casagrand, said: “The commencement of construction at Casagrand HERMINA is a defining milestone …

ABU DHABI / WAM Aldar announced on Thursday it has sold 80 percent of the homes released at Yas Park Place, its new mid-rise residential community at the heart of Yas Island, generating more than AED800 million in sales. The sales performance was supported by a series of customer events in Abu Dhabi, Dubai, London, Hong Kong and Shanghai. Expatriate …

ABU DHABI / WAM First Abu Dhabi Bank (FAB) recorded a net profit of AED5.01 billion for the first quarter of 2026 (Q1’26), while Return on Tangible Equity (RoTE) remained firmly above the Group’s medium-term guidance at 17.8 percent. Operating income increased by 6 percent yoy to AED9.34 billion, while operating profit rose by 5 percent yoy to AED7.22 billion. …