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GULF TIME Burtville Developments has announced the launch of Bab Al Qasr Garden Residences 65, a premium branded residential development in Masdar City, Abu Dhabi. Carrying the prestigious Bab Al Qasr hospitality brand, the project is being developed on the largest residential land plot in Masdar City, spanning more than 310,000 square feet, introducing a new benchmark for integrated communities …

ABU DHABI / GULF TIME Visa, a global leader in digital payments, and Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, today announced the bank’s early adoption of the Visa Threat Intelligence Platform (VTIP), making ADIB the first bank globally to deploy and co-design its initial use cases and operational framework with Visa. This collaboration reinforces both organisations’ …

DUBAI / GULF TIME OGold, the premier Shariah-compliant gold and silver-backed super app, has announced a major milestone of surpassing 1.5 million users, cementing its position as one of the region’s fastest-growing digital precious metals investment apps. The achievement reflects the increasing adoption of digitally accessible, Shariah-compliant wealth solutions as investors seek secure, transparent, inflation-resilient assets in an evolving global …

W Capital Real Estate Brokerage said the record-breaking performance of Dubai’s commercial real estate sector during the first half of 2026 reflects a structural shift in the emirate’s property demand, driven by the expansion of international and local companies, growing demand for modern office space, and Dubai’s increasingly established position as a regional hub for business management and investment. In …

ABU DHABI / WAM Participants from the third cohort of the Nafis Leadership Programme, organised by the Emirati Talent Competitiveness Council (ETCC) in partnership with the UAE Government Leaders Programme, will conclude a knowledge exchange and field study visit in the brotherly Republic of Korea on Friday. The visit, a part of the training curriculum of the Nafis Leadership Programme, …

ABU DHABI / WAM The Registration Authority (RA) of ADGM, the international financial centre of Abu Dhabi, has announced updates to its Commercial Permits framework through new regulations and comprehensive guidance for sales and promotions, reinforcing its commitment to a transparent, efficient and business-friendly regulatory environment for entities operating within its jurisdiction. The updated framework introduces a dedicated and streamlined …

SHARJAH / WAM United Arab Bank P.J.S.C. (UAB) reported its financial results for the six months ending 30th June 2026, earning a net profit of AED201 million. The results are underpinned by 13% year-on-year growth in total operating income, reflecting the Bank’s disciplined execution of its strategy, strong asset growth, and prudent risk management amid global market volatility and regional …

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the National Programme for Developing the Statistics System in the UAE. This strategic initiative embodies the UAE’s commitment to enhancing the quality of official economic statistics, keeping pace with rapid transformations of the economy, and consolidating the UAE’s standing …

ABU DHABI/WAM The United Arab Emirates has condemned in the strongest terms the attack by the Houthi group targeting the Saudi-flagged vessel Encelia while sailing in the Red Sea. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that this attack constitutes a grave threat to the safety and security of international navigation and represents a dangerous escalation aimed …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, who was accompanied by His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah. During the meeting, Their Highnesses exchanged cordial greetings and discussed various topics …