Monday , 18 May 2026

Recent Posts

UAB posts net profit of AED 75m for Q1

SHARJAH / WAM United Arab Bank PJSC (UAB) has reported a net profit of AED 75 million for the first quarter ended 31 March 2026. The results are underpinned by 16% year-on-year growth in total operating income, reflecting the Bank’s disciplined execution of its strategy, strong asset growth, and prudent risk management amid global market volatility and regional geopolitical uncertainty. …

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Mohammed bin Rashid approves Dubai Metro’s Gold Line spanning 42 km, 18 stations, directs immediate start to project

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the Dubai Metro Gold Line, the emirate’s largest sustainable transport project. Involving an investment of around AED34 billion, the new metro line will extend over 42 kilometres and 18 stations, marking Dubai’s first fully underground metro …

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UAE President receives Italian Defence Minister

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Guido Crosetto, Minister of Defence of the Italian Republic. During the meeting, the Italian Defence Minister conveyed to His Highness the greetings of Her Excellency Giorgia Meloni, Prime Minister of Italy, and her wishes for the UAE’s continued security and prosperity. The meeting discussed cooperation …

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