DUBAI / GULF TIME Casagrand has officially commenced construction work on Casagrand HERMINA at Dubai Islands, marking a significant milestone in the delivery of its debut residential development in the UAE and a clear transition from vision to visible progress on the ground. Luthfullah K, Director, Dubai, Casagrand, said: “The commencement of construction at Casagrand HERMINA is a defining milestone …
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ABU DHABI / WAM Aldar announced on Thursday it has sold 80 percent of the homes released at Yas Park Place, its new mid-rise residential community at the heart of Yas Island, generating more than AED800 million in sales. The sales performance was supported by a series of customer events in Abu Dhabi, Dubai, London, Hong Kong and Shanghai. Expatriate …
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ABU DHABI / WAM First Abu Dhabi Bank (FAB) recorded a net profit of AED5.01 billion for the first quarter of 2026 (Q1’26), while Return on Tangible Equity (RoTE) remained firmly above the Group’s medium-term guidance at 17.8 percent. Operating income increased by 6 percent yoy to AED9.34 billion, while operating profit rose by 5 percent yoy to AED7.22 billion. …
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ABU DHABI / WAM Abu Dhabi Future Energy Company PJSC – Masdar is marking 20 years of leadership in renewable energy, highlighting its role in advancing renewable energy globally. Founded by President His Highness Sheikh Mohamed bin Zayed Al Nahyan on 23rd April 2006, through Mubadala Investment Company (Mubadala), Masdar was built with a clear mandate: diversify the UAE’s economy …
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince …
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ABU DHABI/ AD MEDIA OFFICE His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has honoured winners of the Abu Dhabi Award for Excellence in Government Performance (ADAEP). Held at ADNEC Centre Abu Dhabi, the official ceremony was attended by Sheikh Khalid bin Saud bin Saqr …
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ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of AED3.361 billion for the first quarter of 2026, delivering a return on average equity of 16.3 percent. The bank recorded a pre-tax profit of AED3.781 billion, marking a 30 percent increase compared to the same period last year and extending its growth streak to 19 consecutive …
Read More »ABU DHABI/WAM M42 and its renal care business, Diaverum, on Thursday announced the completion of a strategic acquisition of four clinics in the state of São Paulo, Brazil, from the Lund Group: CDTR and CDTR Prime in Sorocaba, INDI in Itapetininga, and Lund Nefrologia in Itu. The move takes Diaverum clinics to 18 in Brazil, including three vascular access centres, …
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DUBAI / GULF TIME The Mohammed Bin Rashid Library organised a special event to celebrate World Art Day, bringing together more than 300 artists of diverse backgrounds, representing over 10 Arab and international nationalities. The initiative underscores the Library’s ongoing efforts to promote art and enrich the local cultural landscape. The event aligns with the Library’s commitment to supporting creative …
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DUBAI / GULF TIME As the world celebrates World Heritage Day, the Mohammed Bin Rashid Library stands out as one of the leading cultural institutions playing a pivotal role in preserving human heritage. It is driven by a comprehensive vision that combines the authenticity of knowledge with technological advancement, offering a global model for protecting cultural memory and passing …
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