Dubai’s NMC Royal Hospital has been acquired by a UAE-based investment firm for AED 1.4 billion. The transaction was carried out through Al Mal Capital REIT, which now owns the hospital building and has secured it under a 17-year lease agreement. This deal provides the investor with stable, long-term rental income while ensuring continuity of healthcare services in the city. The sale highlights growing interest in Dubai’s healthcare real estate sector. Hospitals and medical facilities are increasingly seen as resilient, income-generating assets due to steady demand for healthcare services. By acquiring NMC Royal Hospital, Al Mal Capital REIT strengthens its…
Author: Grace Johnson
Al Mal Capital REIT has acquired the property hosting Dubai’s NMC Royal Hospital for AED 1.4 billion. The deal includes a 17-year lease, reflecting strong investor interest in healthcare infrastructure. This acquisition demonstrates the growing appeal of hospitals and medical facilities as stable, long-term investment options. Analysts say healthcare assets are increasingly attractive due to consistent demand and resilient returns. NMC Royal Hospital is one of Dubai’s leading private healthcare providers. The hospital offers a wide range of services, including emergency care, specialized treatments, and advanced medical procedures. The acquisition ensures continuity of operations under the existing management while providing…
Dubai Police are set to unveil cutting-edge AI-powered patrol cars and fully automated Smart Police Stations at GITEX Global 2025. The showcase highlights the UAE’s commitment to using advanced technology to enhance public safety and support smart city initiatives. The autonomous patrol cars are designed to operate with minimal human intervention. Equipped with artificial intelligence, these vehicles can monitor traffic, detect violations, and respond to incidents in real time. Officials say the cars will improve efficiency while ensuring faster response times across the city. Smart Police Stations are another key innovation. These fully automated facilities allow citizens to access police…
Abu Dhabi Media has signed a Memorandum of Understanding with Israeli news outlet i24NEWS, marking a new chapter in regional media collaboration. The agreement focuses on content sharing, joint reporting, and the exchange of news materials to strengthen ties between media organizations in the Middle East. The partnership reflects a growing trend of cross-border cooperation in media, driven by the need for accurate reporting and diverse perspectives. By sharing resources and content, both Abu Dhabi Media and i24NEWS aim to provide audiences with broader coverage of regional and international events. Under the agreement, the two organizations will collaborate on news…
Abu Dhabi has unveiled an ambitious plan to become the world’s first fully AI-native government by 2027. The strategy is designed to integrate artificial intelligence into all government services, transforming the way citizens interact with public institutions and improving operational efficiency across the board. The initiative reflects Abu Dhabi’s commitment to embracing technology and innovation as a core part of its public sector. By leveraging AI, the government aims to streamline processes, reduce bureaucracy, and provide faster, more personalized services to residents and businesses alike. Education is a key focus of the strategy, with AI expected to support learning, administrative…
Abu Dhabi’s business and financial hub has reported a significant 42% growth in active companies compared to last year. The rise highlights the emirate’s expanding economy and its appeal to global investors. Officials said the growth is largely driven by sectors such as finance, technology, and professional services. These industries are attracting both local entrepreneurs and international firms seeking a stable and innovative business environment. The increase in active companies reflects Abu Dhabi’s efforts to create a business-friendly ecosystem. Authorities have introduced policies that simplify company registration, offer incentives, and provide advanced infrastructure for startups and established businesses alike. Technology…
Abu Dhabi has launched a new cultural tourism campaign to highlight its rich heritage and diverse attractions. The initiative aims to draw international visitors while preserving the emirate’s cultural identity. The campaign focuses on promoting historical sites, traditional arts, and local experiences. Authorities said showcasing these elements will offer tourists a deeper understanding of Abu Dhabi’s history and traditions. Visitors can explore ancient landmarks, museums, and cultural festivals that reflect the emirate’s unique character. Officials stressed that cultural preservation is a key priority. The campaign ensures that tourism development does not compromise Abu Dhabi’s heritage. By promoting authentic experiences, the…
By the Abu Dhabi Times – Special Report from our International Desk An Israeli mediator says he was handed the keys to Nazi-era numbered accounts. His quest has reopened painful questions about Swiss secrecy, Holocaust-era assets, and what justice still requires — a matter still resonating in the financial corridors of Europe and beyond. The unlikely emissary Rabbi Ephraim Meir hardly looks like a man preparing to claim billions. A soft-spoken great-grandfather and scholar, he apologizes for being hard to reach — “kollel in the afternoons, a great-grandson’s upsherin last night,” he explains with a smile. From a worn briefcase,…
The Louvre Abu Dhabi has reported record-breaking visitor numbers, showcasing Abu Dhabi’s rising status as a global cultural hub. Authorities said that the museum continues to attract art lovers, tourists, and cultural enthusiasts from around the world, highlighting the emirate’s commitment to promoting arts, heritage, and innovative cultural experiences. Analysts noted that the increase in visitors reflects both the museum’s reputation and Abu Dhabi’s growing prominence in international tourism. Officials explained that the surge in attendance comes from a combination of international travelers, regional visitors, and local residents. Authorities emphasized that the Louvre Abu Dhabi offers a unique blend of…
Abu Dhabi has unveiled the ‘Manarat’ quantum control platform, a state-of-the-art technology developed by the Technology Innovation Institute (TII) to accelerate advancements in quantum computing. Authorities stated that the platform is designed to enable faster, more efficient development of quantum machines, supporting research and innovation across multiple sectors. Analysts said that this initiative positions Abu Dhabi as a global hub for cutting-edge quantum technology and advanced scientific research. Officials explained that the Manarat platform integrates custom-developed control electronics to manage complex quantum systems. Authorities emphasized that this technology provides precise control, high reliability, and scalability, all of which are critical…