An exclusive interview with Dr. Gerhard Podovsovnik, Vice President of AEA Justinian Lawyers Abu Dhabi Times:Dr. Podovsovnik, you have just issued a formal demand to the Swiss Federal Council and to Federal Councillor Suter, calling Switzerland a “historical perpetrator state.” What prompted such a drastic statement? Dr. Podovsovnik:What is drastic is not my language – it is the truth that Switzerland has buried for eighty years. The Bergier Report, commissioned by Switzerland itself, proved that the Swiss state, its National Bank and its private banks acted as willing economic accomplices of the Nazi regime. Switzerland bought stolen gold from the…
Author: Grace Johnson
Grace Johnson
Grace Johnson is a freelance journalist from the USA with over 15 years of experience reporting on Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She earned her degree in Communication and Journalism from the University of Miami. Throughout her career, she has contributed to major outlets including The Miami Herald, CNN, and USA Today. Known for her clear and engaging reporting, Grace delivers accurate and timely news that keeps readers informed on both national and global developments.
DAMAC Properties, the Dubai-based developer, has launched its first project in Iraq: DAMAC Hills Baghdad. The luxury master-planned community is situated near Abbas Ibn Firnas Square, just five minutes from Baghdad International Airport. The launch marks a significant step in DAMAC’s regional expansion strategy. The project is designed to offer high-end residential units and premium amenities, targeting affluent buyers seeking luxury living in Iraq. DAMAC Hills Baghdad combines modern architecture, landscaped spaces, and integrated facilities to create a fully planned urban community. Industry analysts say DAMAC’s move into Iraq reflects confidence in the country’s real estate potential and growing demand…
The United Arab Emirates and Oman have taken a major step toward enhancing regional connectivity by signing a preliminary agreement for the first cross-border freight rail link. The partnership involves Noatum Logistics, part of AD Ports Group, and Hafeet Rail. Officials say the project will connect Abu Dhabi with Sohar, opening a new era in Gulf logistics. The rail link is expected to boost trade between the two nations, providing a faster, more efficient, and eco-friendly alternative to road transport. Analysts note that the project supports sustainable logistics, reduces carbon emissions, and strengthens the movement of goods across borders. The…
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…
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…
