April, 2025

• 17 April

  UAE President attends Al Nahyan family wedding celebrations

  

  ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday attended wedding celebrations hosted by the Al Nahyan family at Al Mushrif Palace in Abu Dhabi. The occasion marked the marriage of Sheikh Zayed bin Saif bin Mohamed bin Khalifa Al Nahyan to the daughter of HH Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy ...

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• 17 April

  Sharjah Islamic Bank reports net profit of AED318.9 million for Q1 2025

  

  SHARJAH/WAM Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED318.9 million, an increase of 24.6 percent compared to AED255.9 million in the first quarter of 2024. Income from investments in Islamic financing and Sukuk grew by AED56.2 million, or 6.6 percent, reaching AED914.3 million in ...

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• 17 April

  TAQA acquires leading UK electricity transmission development, services company

  

  ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) announced on Thursday that it has acquired 100 percent of Transmission Investment (TI), a leading UK-based energy and utility investment platform. TI is one of the largest players operating offshore transmission (OFTO) assets connecting offshore wind farms to the UK grid. The strategic acquisition strengthens TAQA’s position in the offshore electricity transmission ...

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• 17 April

  UBF discusses plans to develop banking, financial industry

  

  ABU DHABI/WAM The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its meeting chaired by Abdulaziz Al-Ghurair, Chairman of UBF, to review the banking and financial sector’s performance during 2024, and discuss developments, initiatives and plans in 2025. The CEOs Advisory Council praised the strong performance and achievements of ...

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• 17 April

  ADGM unveils ‘Virtual Sell and Purchase’ real estate service

  

  ABU DHABI/WAM Abu Dhabi Global Market (ADGM) has announced the launch of the “Virtual Sell and Purchase”, the first-of-its-kind real estate service, which allows multiple steps within property transactions to be completed virtually by buyers, sellers, and associated banks. ADGM’s new service streamlines and consolidates three key real estate procedures – Discharge of Mortgage, Register a Transfer, and Register a ...

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• 17 April

  UAE features handicrafts by Emirati women at Expo 2025 Osaka

  

  OSAKA/WAM The United Arab Emirates Pavilion at Expo 2025 Osaka-Kansai continues to highlight the rich Emirati heritage by showcasing authentic handicrafts during the fourth day’s events, which included live workshops presented by “Bait Al Harifeen” (House of Artisans) with the participation of a selection of elite Emirati craftswomen. These live workshops include interactive experiences in the art of Al Sadu, ...

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• 17 April

  Mubadala announces $600m investment in Nord Anglia Education

  

  ABU DHABI/WAM Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a minority stake in Nord Anglia Education, a leading international schools organisation, for $600 million. Mubadala will join the consortium led by global investment organisation EQT which includes Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, SA, and Dubai Holding. Alvin Teh, Head ...

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• 17 April

  Tadweer, SFECO to explore green material facility in Abu Dhabi

  

  ABU DHABI/WAM Tadweer Group has signed an agreement with China’s SFECO Group to explore the development of a manufacturing facility in Abu Dhabi that will convert industrial solid waste into green building materials. The agreement supports Tadweer Group’s commitment to unlocking the value of waste and fostering circular economy practices in line with Abu Dhabi’s wider sustainability objectives. The facility ...

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• 17 April

  UAE leaders congratulate President of Syria on Evacuation Day

  

  ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Ahmed Al-Sharaa of the Syrian Arab Republic on the occasion of Evacuation Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

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• 17 April

  Grand Mercure Dubai City Marks Easter with Two Curated Culinary Experiences

  

  DUBAI/GULF TIME This Easter, Grand Mercure Dubai City brings a fresh, seasonal twist to its culinary offerings with two thoughtfully curated experiences at the hotel’s signature venues — Walima Restaurant and Qova Café. Whether it’s a family-friendly Sunday lunch or an elegant afternoon treat, the hotel invites guests to savour the essence of Easter on 20 April and beyond. The ...

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