ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Christian Stocker, Chancellor of Austria, who is on a working visit to the UAE. During the meeting, the two sides discussed cooperation and opportunities to expand ties, particularly in the economic, development, industrial, renewable energy, technology, and artificial intelligence sectors, among other areas that support …
Read More »CBUAE support package to enhance financial institutions’ resilience reaches AED6.2 billion
ABU DHABI/WAM The Central Bank of the UAE (CBUAE) today announced the key outcomes of the comprehensive proactive support package aimed at enhancing the resilience of financial institutions. The CBUAE said the total value of facilities benefiting from the package reached AED6.2 billion, including loan deferments, interest relief and fee waivers. It noted that the number of beneficiaries reached 65,379, …
Read More »UAE air defences intercept 2 ballistic missiles, 3 UAVs
ABU DHABI/WAM The Ministry of Defence announced that on 8th May, 2026, UAE air defence systems intercepted two ballistic missiles and three UAVs launched from Iran, resulting in three moderate injuries. Since the beginning of the blatant Iranian attacks targeting the United Arab Emirates, the air defence systems have intercepted 551 ballistic missiles, 29 cruise missiles and 2,263 UAVs. The …
Read More »Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands
DUBAI / GULF TIME Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all three …
Read More »DP World unveils cargo war risk insurance for Middle East trade
DUBAI / WAM DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes, where traditional insurance has become fragmented, costly and often unavailable. The solution provides continuous coverage across the entire supply chain, from ocean or air transit through port storage and inland delivery, closing critical gaps left by …
Read More »UAE condemns terrorist attack on military base in Chad
ABU DHABI / WAM The United Arab Emirates has strongly condemned the terrorist attack on a military base in the Republic of Chad, which resulted in the deaths and injuries of dozens of members of the armed forces. In a statement, the Ministry of Foreign Affairs (MoFA) reiterated the UAE’s strong condemnation of such criminal acts and its permanent rejection …
Read More »Mubadala announces acquisition of minority stake in Power Factors
ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi-based global investor, on Thursday announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners. Through this investment, Mubadala will enable Power Factors’ continued growth, innovation, and global expansion as a leader in the renewable energy sector. Power Factors’ …
Read More »UAE President receives Qatari Prime Minister and Minister of Foreign Affairs
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar. At the start of the meeting, His Excellency the Prime Minister conveyed to His Highness the UAE President the greetings of His Highness …
Read More »UAE and Egyptian Presidents discuss fraternal ties and regional developments
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, who is on a fraternal visit to the UAE. The two sides discussed fraternal ties and cooperation, particularly in areas that support shared development priorities and contribute to further prosperity for their peoples. They also …
Read More »Khaled bin Mohamed bin Zayed attends Mohamed bin Zayed University of Artificial Intelligence 2026 commencement ceremony
ABU DHABI/WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the 2026 commencement ceremony of Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The fifth and largest class since the university’s establishment comprises 140 graduates from 23 countries. The cohort includes 11 PhD and …
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