Tuesday , 16 December 2025

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DP World installs first 1,000 living seawalls panels at Jebel Ali Port

DUBAI/WAM DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region. Developed in partnership with Living Seawalls, a science-led programme of the Sydney Institute …

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ADI launches blockchain infrastructure development at ADFW

ABU DHABI/WAM ADI Foundation, an Abu Dhabi–based organisation building sovereign-grade blockchain infrastructure for governments and institutions, returned this year to Abu Dhabi Finance Week (ADFW), demonstrating how far it has advanced since announcing its establishment on the same stage last year. Andrey Lazorenko, Chief Executive Officer of ADI Foundation, told the Emirates News Agency ((WAM) on the sidelines of the …

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ADIO, CICC establish strategic investment corridor

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with China International Capital Corporation (CICC), one of Asia’s leading investment banks, to establish an investment corridor that will accelerate two-way capital flows between Abu Dhabi and China. The partnership coincides with the launch of Abu Dhabi’s new FinTech, Insurance, Digital and …

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First UAE–Russia Business Forum opens in Dubai

DUBAI / WAM The First UAE–Russia Business Forum, a key event on the business agenda of both countries, opened today in Dubai. The forum, which is set to become an annual event, is organised by the Russia–UAE Business Council (RUBC) jointly with the Roscongress Foundation and with the support of the Ministry of Industry and Trade of the Russian Federation …

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Mubadala Investment Company, Aldar unveil AED60b expansion

ABU DHABI / AD MEDIA OFFICE Mubadala Investment Company, an Abu Dhabi sovereign investor, and Aldar have launched a landmark joint venture to expand Al Maryah Island, unlocking the next phase of growth in the international financial district and further enhancing Abu Dhabi’s global position as the Capital of Capital. With a gross development value exceeding AED60 billion, the north …

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Abu Dhabi Commercial Bank successfully completes AED6.1 billion rights issue

ABU DHABI / WAM Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4th December 2025. The transaction attracted exceptional demand, with total funded commitments exceeding AED12 billion from UAE, regional and international investors. Mubadala Investment Company, ADCB’s majority shareholder, subscribed in full …

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Modon sells out Bashayer on Hudayriyat Island within one day of launch

ABU DHABI / WAM Modon on Wednesday announced the complete sell-out of Bashayer, the first waterfront residential community on Hudayriyat Island, within one day of the launch, generating AED3 billion in sales. The exceptional demand reinforces Hudayriyat Island’s position as one of the region’s most desirable residential destinations and reflects the strength of Modon’s approach to shaping communities designed for …

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RAK’s Fastest-Selling Project Mondrian Al Marjan Beach Residences sells 200+ units in 2 hours marking AED 704M in sales

Ras Al Khaimah/ Gulf Time ELEVATE, the visionary lifestyle real estate brand, has officially shattered market records in Ras Al Khaimah. Following a spectacular launch event at Atlantis The Royal on 26th November, the Mondrian Al Marjan Island Beach Residences became the emirate’s fastest-selling project, recording AED 704 million in sales within just two hours. The overwhelming response saw more …

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Holcim and 44.01 pioneer carbon capture and mineralisation pilot project in Fujairah

Fujairah/ GULF TIME Holcim and 44.01 have announced the launch of the first pilot project to mineralise CO₂ captured from the cement industry. The initiative supports the UAE’s Net Zero 2050 pathway by advancing permanent carbon storage solutions for the cement sector and marks a major milestone in the region’s industrial decarbonisation journey. The pilot project initially aims to capture …

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