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…
Author: Editorial Team
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…
Fifteen companies backed by the European Innovation Council (EIC) will exhibit at GITEX AI EUROPE 2026 in Berlin next week, as part of a dedicated pavilion bringing together European deep-tech startups and scaleups at the event’s second edition. GITEX AI EUROPE 2026 runs 30 June – 1 July at Messe Berlin, featuring 950-plus enterprise tech exhibitors and startups across two days. The EIC, which administers a €10.1 billion programme supporting high-potential European companies, is participating through its International Trade Fairs Programme 3.0. Exhibiting companies include Astrape Networks, CH-Bioforce, Classiq, Dronamics, Enersens, everox, Innatera, Invoier, Oledcomm, OniO and SpiNNcloud, among others.…
The office of Eric Xing, President and University Professor of the Mohamed bin Zayed University of Artificial Intelligence, does not look like what one would expect of a national technology nerve centre with supercomputers and screens attached to each wall. It, in fact, bears great resemblance to an impressive private library. Among the shelves sits a 1485 edition of Euclid’s Elements of Geometry, one of the earliest printed versions of the text, which he calls a genesis of European science. Near it rests a first edition of Isaac Newton’s Principia, and a volume by Johannes Kepler, whose calculations of planetary…
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…
NEW DELHI — Police in India’s Uttar Pradesh state on Thursday arrested eight people hours after registering a case in connection with alleged misappropriation of donations to a temple built at the site of a historic mosque demolished by Hindu zealots. The case was registered on the complaint of Krishna Mohan, a member of the trust running the temple, following the recommendation made in the preliminary report of an investigation team. Two-and-a-half years after Indian Prime Minister Narendra Modi inaugurated the grand temple, the shrine is embroiled in an unsavoury row over allegations that donations from devotees worth tens of…
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.…
WASHINGTON — The US supreme court on Thursday ruled in favor of the Trump administration’s bid to strip temporary protected status from hundreds of thousands of Haitian and Syrian migrants which allowed them to stay legally in the US for years with protection from deportation. The court issued a 6-3 ruling overturning decisions by federal judges in New York and Washington that had halted the administration’s actions terminating TPS for more than 350,000 migrants from Haiti and 6,100 from Syria. The court’s three liberal-leaning justices disagreed with the opinion. It leaves Haitians and Syrians in the US on TPS vulnerable…
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…
CARACAS — Thousands of Venezuelans were feared dead as rescuers are searching through rubble in a rush to save lives after two powerful earthquakes wreaked havoc in and around Venezuelan capital Caracas on Wednesday. In Caracas and the nearby coastal city of La Guaira, people could be heard calling for help from under the debris of collapsed buildings. The first 7.2-magnitude quake was followed seconds later by an even stronger 7.5-magnitude one, according to the US Geological Survey (USGS), with both occurring close to the surface, making destruction more severe. The USGS, using predictive modeling to estimate the death toll,…