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DUBAI / WAM One hundred and five homes priced in excess of $10 million were sold in Dubai during the first three months of the year, up 19 percent on Q1 2023, according to the latest analysis from global property consultant, Knight Frank. Faisal Durrani, Partner – Head of Research, MENA, explained, “The level of deal activity in Dubai continues ...

CHICAGO / WAM Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), solidified its partnership with Asiana Airlines, the second largest airline in South Korea, through a five-year contract extension valued at $145 million (AED532 million). This agreement emphasises Sanad’s global industry leadership and commitment to providing elite ...

DUBAI / WAM The Airports Council International (ACI) unveiled the highly anticipated preliminary top 10 busiest airports worldwide for 2023, showcasing significant shifts driven by the resurgence of international air travel, where Dubai International (DXB) retained its title as the world’s busiest international airport for international travel, for the 10th year running. Acknowledging the achievement, Dubai Airports CEO Paul Griffiths ...

ABU DHABI / WAM Trends Research and Advisory organised an international symposium as part of its European research tour in France on “Gulf-European relations: opportunities and prospects for cooperation and partnership”. The event was held at the Napoleon Hotel in Paris in the presence of a number of French and Arab dignitaries. The participants discussed various aspects of relations between ...

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 25 new start-ups as part of its latest cohort. The selected start-ups will enter Hub71’s “Access” programme, and specialist ecosystems Hub71+ Digital Assets and Hub71+ ClimateTech, bringing the total number currently in Hub71’s programmes to 223. Hub71’s Cohort 14 has raised more than $122 million in funding, with ...

ABU DHABI / WAM Abu Dhabi Police are fully prepared to handle the challenging weather conditions expected in the emirate until April 17. They will be working closely with all relevant authorities to ensure public safety. Abu Dhabi Police and relevant entities, including the Abu Dhabi Civil Defence Authority (ADCDA), Department of Municipalities and Transport (DMT), Al Ain Municipality, Al ...

ABU DHABI / WAM The National Centre of Meteorology (NCM) has issued a weather advisory regarding the weather condition across the country over the coming days. NCM announced that the country will experience convective clouds over coastal areas moving towards Eastern and Western regions associated with rainfall of different intensities, accompanied by lightning and thunder, and a probability of hail ...

ABU DHABI / WAM G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft on Tuesday announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies’ collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded ...

ABU DHABI/ WAM H.H. Sheikha Fatima bint Mubarak, the “Mother of the Nation,” Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), has sent a cable of condolences to Sayyida Ahad bint Abdullah bin Hamad Al Busaidiyah, Wife of Sultan Haitham bin Tariq of ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, attended the competitions of the fifth day of the Festival for Purebred Arabian Camel Racing, where the participants have vied for the H.H. UAE President’s Sword. Sheikh Sultan bin Hamdan Al Nahyan, Adviser to the UAE President and ...