DUBAI, 23rd January, 2026 (WAM) — Dubai’s First-Time Home Buyer (FTHB) Programme is accelerating the path to home ownership for residents across the emirate, having already enabled over 2,000 residents to purchase their first home in the last 6 months and driving more than AED3.25 billion in residential property sales, according to the latest figures from the Dubai Land Department (DLD).

Launched in July 2025, the FTHB Programme was developed jointly by the Dubai Department of Economy and Tourism (DET) and DLD to make home ownership more accessible for residents of all nationalities and income levels by bringing together government partners, developers, and financial institutions to offer first-time buyers priority access to new projects, tailored mortgage solutions, and preferential pricing.

The Programme was developed in alignment with the goals of the Dubai Economic Agenda, D33, which aims to double the size of Dubai’s economy by 2033 and further consolidate its position as a leading global destination for talent. It also supports the Dubai Real Estate Strategy 2033 and contributed to the UAE’s Year of Community by promoting social cohesion and economic resilience.

To date, more than 41,000 residents have registered in the Programme. Of the units purchased, 49% were…

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DUBAI, 24th November, 2025 (WAM) — Dubai Municipality has received the Level 3 International Foresight Accreditation, becoming the first municipality worldwide to obtain this distinction. The accreditation was granted by the Global Innovation Management Institute in recognition of institutions that demonstrate advanced capabilities in structured foresight assessment and future preparedness, reinforcing Dubai’s status as a global centre for future foresight.

Dubai Municipality achieved this accreditation at the Level 3 maturity of the GIMI S4 Future Foresight Maturity Model, one of the established assessment frameworks used to evaluate the leadership of governments and organisations in the field of future foresight. This level represents systematic foresight, which focuses on embedding foresight within institutional and strategic planning processes, supported by recognised tools, structured methodologies, and continuous performance monitoring.

By obtaining this accreditation, Dubai Municipality has demonstrated its leadership as a government entity with a high degree of maturity in foresight practices, applying global standards in scanning future trends, conducting strategic scenario analysis, supporting proactive planning, and strengthening long-term readiness. The…

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MADRID, 24th March, 2025 (WAM) — Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, announced today an agreement with Endesa S.A. to acquire a 49.99 percent stake in four solar plants in Spain, with a total capacity of 446 megawatts (MW). The transaction, which is subject to regulatory approvals and other conditions, would see Masdar invest AED702 million (€184 million) for the stake in the assets, which have an enterprise value of AED1.4 billion (€368 million).

These operating assets mark a significant milestone in Masdar’s continued growth in the Iberian Peninsula and across Europe, and further its commitment to advancing the region’s renewable energy ambitions. The proposed acquisition follows last year’s agreement between Masdar and Endesa to partner in a portfolio of over 2GW of solar assets, with the potential to add 0.5GW of battery storage, in one of Spain’s biggest renewable energy transactions in recent years.

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “This acquisition further reflects Masdar’s commitment to supporting Europe’s decarbonisation goals and advancing the global energy transformation. It also marks another significant step in our strategic expansion in the Iberian Peninsula and…

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DAVOS, 23rd January, 2025 (WAM) – DP World is engaging with global financial institutions and technology providers to address a longstanding challenge in global commerce — the inefficiencies in cross-border payment systems, the company said in a statement issued during Davos 2025.

“Customers in emerging markets such as Asia and Africa often grapple with prolonged settlement times, restricted access to finance, and a lack of transparency—factors that have hindered the growth of trade flows for years.”

By collaborating with leading firms from Singapore, India, the UAE, and other key markets, DP World aims to introduce accessible, instant, and transparent cross-border payment solutions powered by stablecoins. The initiative is designed to simplify and accelerate international transactions, empowering businesses in emerging economies to thrive in an increasingly interconnected world.

DP World Group Chairman & CEO, Sultan Ahmed bin Sulayem, said: “By introducing stablecoin-based payment options, we are not just addressing a critical gap in the trade ecosystem but also reaffirming our commitment to innovation and leadership in global commerce. This initiative aligns with DP World’s broader mission to enhance trade flows and economic development in regions that need it most. We…

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The dinner, set to take place at the Al Shindagha Historic Neighbourhood, will honour the forum’s distinguished guests, including First Ladies, prominent leaders, keynote speakers, decision-makers, and international partners. The exclusive event reflects the commitment of the Dubai Women Establishment and the Dubai Culture and Arts Authority to foster global collaboration and partnerships and showcase Dubai’s vibrant cultural heritage and artistic legacy.

The cultural dinner will offer a rich experience, blending history, humanity, and inspiring stories, showcasing Dubai’s vibrant cultural heritage. Recognising culture as a vital bridge for fostering constructive dialogue between nations, the event will also feature an art exhibition highlighting the creative works of Emirati female artists. Guests will be immersed in a unique blend of visual arts and Emirati…

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