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Hamdan bin Mohammed names new CEOs at Community Development Authority in Dubai

DUBAI/WAM In his capacity as the Chairman of The Executive Council of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, issued Executive Council Resolution No (27) of 2025 transferring Saeed Ahmad Thani Al Tayer, CEO of the Social Development Sector at the Community Development Authority in Dubai, ...

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Baya introduces eco-friendly laundry solutions to households in the UAE

DUBAI / GULF TIME Baya, a homegrown sustainable home cleaning brand, has been redefining eco-friendly laundry care in the UAE with products designed to make everyday cleaning simple, safe and kind to the planet. Leading the way, Baya is the first brand to offer laundry detergent sheets — a biodegradable alternative to traditional liquid and powder detergents. These sheets are ...

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HydraFacial’s Grace Henson shares benefits of adopting a long-term skincare routine

DUBAI / GULF TIME Grace Henson, UKI + EMEA Senior Trainer, is a seasoned expert known for her deep knowledge, passion, and results-driven approach. Her dynamic background in sales and training has empowered countless clinics to elevate their team capabilities and consistently deliver outstanding patient care. Now, as part of the HydraFacial team, Henson brings her expertise to the forefront—offering ...

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Comoros inaugurates 6.3MW solar plant funded by Adfd

ABU DHABI/WAM Abu Dhabi Fund for Development (ADFD) marked the inauguration of a 6.3-megawatt solar power plant in the Comoros, funded with a AED25.7 million ($7 million). The project enhances the nation’s energy infrastructure, helping meet growing energy demands and stimulate economic growth, while highlighting the fund’s commitment to environmental responsibility and sustainable advancement. Aligned with the UAE’s global development ...

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Adnoc Distribution to operate 500 high-power EV chargers by 2028

ABU DHABI/WAM ADNOC Distribution announced a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging points from 53 in 2023 to over 200 in 2024, with a target of operating 500 high-power chargers by 2028. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said during the Electric Vehicle Innovation Summit (EVIS 2025) that the company continues to ...

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Adhds, Syndesis Health collaborate to advance AI-driven genomic analytics

ABU DHABI/WAM Abu Dhabi Health Data Services (ADHDS), part of M42’s Digital Health Solutions (DHS) platform, has announced a collaboration with Syndesis Health, one of the world’s largest holders of phenotype data, encompassing over 70 million patient profiles. The term sheet was signed by Kareem Shahin, CEO of M42’s Digital Health Solutions platform and Josh Sutton, CEO of Syndesis Health, ...

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Emirates Islamic quarterly profit surpasses AED1 billion milestone

DUBAI/WAM Emirates Islamic’s quarterly profit surpassed the AED1 billion milestone for the first time, growing 24 percent year-on-year compared to the same period last year. The strong performance was supported by continued positive business sentiment in the UAE, which drove both funded and non-funded income higher. Total income rose 8 percent year-on-year to AED1.45 billion in Q1 2025. Operating profit ...

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Emirates NBD’s profit before tax rises to AED7.8 billion in Q1

DUBAI/WAM Emirates NBD’s Profit before tax rose 56 percent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11percent year-on-year increase in income. The bank said that the balance sheet surpassed the AED1 trillion milestone boosted by impressive loan and deposit growth from a buoyant regional ...

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UAE fintech market to reach $3.56 billion in 2025, says Forbes report

ABU DHABI/WAM A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach $3.56 billion in 2025, and $6.43 billion by 2030, with a compound annual growth rate (CAGR) of 12.56 percent, positioning the country among the fastest-growing global markets. The report, titled “What Can FinTech Learn From The UAE’s Rise As The ...

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