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DUBAI / WAM Dragon Oil, a company fully owned by Emirates National Oil Company (ENOC), in collaboration with the Gulf of Suez Petroleum Company (GUPCO) and the Egyptian General Petroleum Corporation (EGPC), has announced a new oil discovery following the successful drilling of the South El Wasl B.B2 exploration well in the Gulf of Suez, as part of the partnership …

ABU DHABI / WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met with David Vélez, Founder and CEO of Nubank, the São Paulo-based digital banking and financial services corporation. The meeting explored investment opportunities offered by Abu Dhabi and the UAE, enabling global banking …

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of Mubadala Investment Company, has chaired the company’s Board meeting at Qasr Al Watan in Abu Dhabi. During the meeting, the Board approved the Board of Directors’ report and the company’s …

ABU DHABI / GULF TIME MBME Group, a UAE-based leader in technology solutions and digital transformation, has announced a strategic collaboration with Comera Financial Holdings, part of Abu Dhabi’s Royal Group. The collaboration will explore opportunities across digital payments, financial services, and merchant solutions within the UAE, united by a commitment to responsible and regulated financial innovation. The engagement unites …

ABU DHABI / GULF TIME Khalifa International Award for Date Palm and Agricultural Innovation announced the winners’ names in its 18th session, during a press conference held at the Zayed for Good Foundation in Abu Dhabi. The event was attended by distinguished officials, experts, and researchers in the fields of agriculture and agricultural innovation, as well as representatives of local …

GULF TIME Burtville Developments has announced the launch of its tenth project in Abu Dhabi, a new hotel-branded residential development on the Al Raha Beach waterfront. The project expands the company’s growing portfolio of branded residences developed in partnership with Bab Al Qasr Hotel and introduces a new benchmark in layout efficiency, finishing quality and branded living. The residential project …

GULF TIME Al Junaidi Real Estate announced the launch of its new residential project in the Emirate of Sharjah, which includes the development of 62 residential villas in Al Raqeeba area, with a total investment value of AED 220 million. The project is located in a strategic area behind Sharjah Grand Mosque, next to Nasmah project, and close to Emirates …

SHARJAH / WAM Arada has launched sales at Layan, the fifth phase of its landmark Masaar 3 forest community in Sharjah. The UAE-headquartered master developer has commenced off-plan sales for 437 new villas and townhouses, with more than two thirds of units comprising three- and four-bedroom family homes. Masaar 3 has established itself as one of the UAE’s fastest-selling suburban …

ABU DHABI / WAM The UAE has officially joined the Svalbard Treaty, following Federal Decree No. 125 of 2025. This step strengthens the country’s role in polar science and international cooperation and reflects its commitment to protecting some of the world’s most climate-sensitive regions. Svalbard is a Norwegian archipelago located in the far Northern Hemisphere of Earth, midway between mainland …

SHARJAH / WAM In a new scientific milestone highlighting Sharjah’s leadership in environmental research and biodiversity, the Environment and Protected Areas Authority (EPAA) in Sharjah has announced the discovery of four spider species across various mountainous and valley ecosystems in the UAE. This milestone emphasises the richness of UAE’s natural environments and opens new pathways for understanding the delicate ecological …