
Emirates touches down in Damascus to connect travellers with its network once again
The airline currently flies to 14 cities in the Middle East/GCC, serving the region with a total of 194 weekly flights.
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Al Bawaba
a day ago
- Al Bawaba
Dubai land Department recognises 10 real estate firms surpassing Emiratisation goals under the ‘Dubai Real Estate Broker Programme'
In a move that reflects Dubai's commitment to promoting professional empowerment and the active participation of Emiratis in key economic sectors, Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency, organised a special ceremony to honour the real estate brokerage firms most dedicated to hiring UAE nationals, as part of the 'Dubai Real Estate Broker Programme.'The ceremony was held on Thursday at Dubai Land Department's headquarters, in the presence of His Excellency Omar Hamad BuShehab, Director General of DLD, along with several CEOs and representatives from the real estate sector.10 leading real estate brokerage firms were honoured during the ceremony in recognition of their pioneering role and active contribution in exceeding the programme's key Emiratisation targets. This achievement qualifies them for additional points that enhance their classification with DLD, reflecting a genuine commitment to advancing Emiratisation in the real estate sector and boosting the participation of national talent across its various list of honoured companies included Harbour Real Estate Broker, On Plan Real Estate, Dirham for Real Estate Brokerage, AlRuwad Real Estate, AKN Properties, Exp Real Estate, FAM Real Estate Broker, Real Estate Codes, PSI Real Estate, and D&B Ali Al Badwawi, Acting CEO of the Real Estate Regulatory Agency (RERA), said: 'What we are witnessing today is a true example of a conscious partnership between the public and private sectors. As a result, each honoured company under the 'Dubai Real Estate Broker Programme' has successfully employed more than twenty Emirati men and programme has exceeded its targets in a short period, thanks to the pivotal role of these companies, which have demonstrated that investing in Emirati talent is a strategic choice that reflects institutional maturity and long-term vision. We reaffirm our commitment to expanding this programme and enhancing its impact in building a more balanced and sustainable real estate market.'This achievement marks a significant milestone in the programme, led by Dubai Land Department, to open new career opportunities for Emiratis and prepare them to take on leadership roles within the real estate brokerage sector. The programme is built on an integrated system of training, qualification, and professional support, in close collaboration with private sector companies that serve as key partners in realising its recognition embodies the principle of responsible partnership with real estate brokerage firms that believe Emiratisation is a strategic necessity for the future and promising prospects of the market. It reflects an ambitious vision aligned with the Dubai Real Estate Strategy 2033, by focusing on human capital development and ensuring market sustainability. It also supports the Dubai Social Agenda 33, which aims to achieve transformative progress in employment, skills development, and empowering every citizen's potential. In this context, Dubai Land Department continues to invite all real estate companies in Dubai to join the programme and contribute to this ambitious national initiative, which aims to build a more inclusive and sustainable work environment while providing quality opportunities for Emiratis in a vibrant and growing sector. Participating in the programme enhances institutional balance, strengthens a company's position in the market, and represents a genuine contribution to realising Dubai's vision of becoming the best city in the world to live and work.


Al Bawaba
a day ago
- Al Bawaba
United Arab Bank Net Profit up by 50% for the First Half of 2025
United Arab Bank PJSC (UAB or 'the Bank') has announced its financial results for the six months ended 30th June 2025. UAB posted a net profit of AED 208 million for the first half of 2025, compared to AED 139 million for the same period last year, representing a 50% YoY increase. Total income rose by 24% YoY to AED 374 increase in net profit reflects significant growth in total assets—up 11% from December 2024—and the Bank's disciplined approach to risk management. UAB's balance sheet was further strengthened through a continued focus on asset quality and capital results underscore the Bank's solid momentum and strategic readiness for future growth.H.H. Sheikh Mohammed bin Faisal bin Sultan Al Qassimi, Chairman of the Board of Directors of United Arab Bank, said: 'The Bank's exceptional financial performance in the first half of 2025 underscores the effectiveness of our strategic vision and the strength of our governance framework. Looking ahead, we are unwavering in our commitment to advancing the UAE's economic agenda while creating enduring value for all stakeholders. We will continue to lead with discipline, resilience, and an uncompromising focus on innovation, digital transformation, and operational excellence.'Shirish Bhide, Chief Executive Officer of United Arab Bank, said: 'Our first-half results reflect robust operational performance and the growing impact of our transformation agenda. The strong growth in profitability and total assets highlights the success of our strategic execution and our unwavering focus on customer value, efficiency, and prudent risk-taking.'He added: 'As we move forward, we will continue to scale our digital capabilities, introduce innovative products, and further strengthen our control environment—while keeping the customer at the center of everything we do.' United Arab Bank is in the process of enhancing its capital by up to AED 1.03 billion through a Rights Issue offered to existing shareholders. This capital injection will increase the total share capital by up to AED 3.09 billion, subject to completion of the process and necessary regulatory approvals, strengthening the Bank's capital adequacy and enhance its resilience to any adverse macro-financial shocks, while enabling future asset growth towards achieving its strategic and financial goals.


Al Bawaba
a day ago
- Al Bawaba
ADU Interior Design Students Showcase Industry-Ready Projects to Top Experts and Alumni
Abu Dhabi University's (ADU) Interior Design Program recently welcomed leading industry experts, academic professionals, and accomplished alumni to its main campus to evaluate 26 final projects of graduating students. The gathering marked a key milestone in the students' academic journey, providing a platform to present their design work, gain professional feedback, and connect with potential career opportunities. It also reaffirmed ADU's commitment to delivering industry-aligned, future-ready education that bridges the gap between learning and real-world jury included eight senior designers and representatives from renowned firms including Minotti, Bloomingdale's Dubai, Aati, INSITE Contracting and Interiors, AECOM, Canadian University Dubai, and Amalya Decoration. Several of the jury members were also ADU alumni with over a decade of experience, returning to mentor the next generation of interior Ahmed Elshakhs, Interior Design Program Coordinator, Assistant Professor of Interior Design at Abu Dhabi University, said: 'Our students delivered forward-thinking projects that reflect a deep understanding of contemporary design trends, user-centered thinking, and practical application. By presenting to leading figures from the industry, they demonstrated not only creativity but also career-ready skills that align with today's market needs. At ADU, we're committed to providing future-focused, industry-aligned education that equips students to contribute meaningfully to the creative economy locally and internationally'Projects presented ranged from a culinary institute to an engineering library and an ancient Egyptian museum, each demonstrating students' mastery of research-led design, advanced rendering techniques, and space alumna panelists expressed their enthusiasm for being part of the jury, describing it as a meaningful experience to return to where their design journey began and witness the creativity, professionalism, and potential of the university's future parallel, ADU's Department of Architecture and Interior Design also held its annual Furniture Design Exhibition. The exhibition showcased over 60 student projects, including full-scale prototypes, process posters, and custom design publications. It offered students a platform to apply technical skills in joinery detailing, laser cutting, and 3D printing, while exploring diverse stylistic approaches such as Sustainability, Scandinavian, Minimalism, and Ali Elamaireh, Associate Professor of Interior Design, Department of Architecture and Interior Design at Abu Dhabi University, said: 'The exhibition is a celebration of innovation, skill, and creativity. It offers students a valuable opportunity to turn conceptual ideas into functional pieces, while also deepening their understanding of materials, fabrication, and visual storytelling.'Ms. Ayah Hamash, Teaching Assistant at Abu Dhabi University, added: 'Every year, we are proud to witness our students push boundaries through thoughtful experimentation and technical precision. This year's exhibition reflects ADU's commitment to hands-on learning and cultivating a design mindset that is both sustainable and market-relevant.' The exhibition highlighted ADU's continued focus on hands-on learning and innovation, offering students real-world experience in conceptual design, materiality, and production processes which are essential foundations for impactful design careers.