Author: Editorial team
ABU DHABI, 26th June, 2026 (WAM) — Aldar today announced the sell-out of the townhouses at The Orchids at Yas Acres, generating more than AED680 million. The strong sales performance reflects sustained demand for homes on Yas Island and reinforces Yas Acres’ position as one of Abu Dhabi’s most desirable communities for families. 54% of buyers were UAE nationals, while expatriate residents and international buyers accounted for 46% of sales, with leading nationalities including India, UK, and China, while 73% of all buyers were first-time Aldar customers. Following the sell-out of townhouses, Aldar will soon release a limited collection of…
NEW DELHI, 26th June, 2026 (WAM) — Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the UAE Ministry of Energy and Infrastructure, led the UAE delegation to the BRICS Energy Ministers’ Meeting, hosted by India. The meeting brought together energy ministers and heads of delegations from BRICS member states to discuss enhancing cooperation in energy security, energy transition, innovation, and emerging technologies. The UAE’s participation reflects its longstanding commitment to multilateral cooperation, strengthening international partnerships, and contributing actively to the development of shared solutions to global challenges. It also reinforces the country’s position as a trusted partner…
SAN DIEGO, USA, 26th June, 2026 (WAM) — The Department of Health – Abu Dhabi (DoH) has signed a Memorandum of Understanding (MoU) with Arbor Biotechnologies, a biotechnology company focused on advancing next-generation gene-editing technologies and developing transformative genetic medicines, during BIO International Convention 2026 in San Diego, USA. Through the collaboration, both parties will explore opportunities to advance gene-editing research and clinical development, support the development of innovative therapies for rare and inherited diseases, strengthen scientific and clinical capabilities, and assess future opportunities related to advanced therapeutics and biomanufacturing. The partnership represents another step in Abu Dhabi’s progression from…
DUBAI, 26th June, 2026 (WAM) — Nasdaq Dubai welcomed the listing of a USD 500 million Sukuk issued by The Arab Energy Fund (TAEF), a leading multilateral impact financial institution focused on the energy sector. The transaction reflects the longstanding engagement between The Arab Energy Fund and Nasdaq Dubai and contributes to the depth of the exchange’s Sukuk market. Issued under TAEF’s Trust Certificate Issuance Programme through APICORP Sukuk Limited, the Sukuk comprises USD 500 million Trust Certificates due 2031. The senior unsecured issuance carries a profit rate of 4.686% and was priced at a spread of 70 basis points…
Dubai’s Roads and Transport Authority (RTA) has announced that the footbridge connecting the multi-storey car park to Centrepoint Metro Station will be temporarily closed to facilitate construction works for the upcoming Blue Line. To minimise disruption, RTA has introduced a temporary, secure alternative passageway on Level G. Commuters are advised to follow the directional signage installed on-site, which will guide them directly to the Red Line entrance. The temporary access has been put in place to ensure passengers can continue their journeys safely and smoothly while work on the Blue Line progresses. Stay up to date with the latest news.…
SHARJAH, 25th June May, 2026 (WAM) — The fifth edition of Khorfakkan Mango Festival is set to commence tomorrow, Friday, at Expo Khorfakkan, showcasing a wide range of premium mango varieties, all sourced directly from local farms. Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in cooperation with the Municipal Council of Khorfakkan, Khorfakkan City Municipality, and Expo Khorfakkan, the three-day festival will operate under the theme “Mango: Our Fruit, Our Wealth”, bringing together local farmers, productive families, and agribusinesses from across the UAE. This year’s edition will feature five distinct competitions offering cash prizes to winners across…
CAPITALS,26th June, 2026 (WAM) — Gold was set on Friday for a fourth straight weekly fall, as a resilient dollar and expectations of faster US rate hikes to tame inflation kept bullion pressured near $4,000 per ounce. Spot gold fell 0.6% to $4,002.77 per ounce by 0441 GMT. U.S. gold futures for August delivery lost 0.7% to $4,017.30. For the week, bullion was on track for a loss of 3.8%, having slipped below the key $4,000 level for the first time since November 2025 on Wednesday. Gold prices have fallen about 29% from the record high of $5,594.82 on 29th…
Dubai’s decision to reintroduce flexible summer working hours for government employees has reignited debate over whether private sector companies in the UAE could eventually adopt similar arrangements. The ‘Our Flexible Summer’ initiative, running from June 29 to September 10, allows government entities to implement one of two working models designed to balance employee wellbeing with operational continuity. Under the first model, employees will work seven hours per day from Monday to Thursday, and four-and-a-half hours on Fridays. Under the second model, employees will work eight hours per day from Monday to Thursday, with Friday observed as a full day off.…
Inspired by Monaco’s coastline and summer atmosphere, the latest collection blended graphic design codes with wearable luxury Published: Fri 26 Jun 2026, 8:40 AM APM Monaco hosted an exclusive soirée in Cannes on May 19 during the 79th edition of the Cannes Film Festival, where the contemporary jewellery house unveiled an avant-première presentation of its Été 2026 collection. Held against the backdrop of the French Riviera, the event brought together personalities from the worlds of fashion, entertainment, and luxury while also reflecting the growing visibility of Middle Eastern talent within international fashion spaces. Egyptian actress and APM Monaco’s official Middle…
BAKU, 25th June, 2026 (WAM) — Dr. Tariq Humaid Al Tayer, First Deputy Speaker of the Federal National Council (FNC), met with Dr. Mamoudou Harouna Djingarey, Speaker of the Advisory Council for the Refoundation of the Republic of Niger, on the sidelines of the 20th Session of the Conference of the Parliamentary Union of the OIC Member States (PUIC), being held in Baku, Republic of Azerbaijan. The meeting was attended by the FNC delegation participating in the conference, comprising several FNC members, as well as Mohammed Murad Al Blooshi, UAE Ambassador to the Republic of Azerbaijan. During the meeting, the…