Abu Dhabi has reminded building owners and businesses that installing illuminated advertising signboards without official approval can lead to a Dh10,000 fine. The warning highlights the importance of following safety regulations before placing illuminated signs on building facades or rooftops. Officials said the rule is designed to protect people, buildings, and property by ensuring that all installations meet approved safety standards. The Abu Dhabi Civil Defence said the violation is covered under Item 53 of the general violations listed in Cabinet Resolution No. 24 of 2012. The regulation governs civil defense services across the UAE and sets out penalties for…
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Abu Dhabi has announced two major partnerships with the Massachusetts Institute of Technology (MIT) to strengthen cancer research and speed up the development of new medical treatments. The agreements aim to improve cancer care by combining advanced research, artificial intelligence, and precision medicine with Abu Dhabi’s growing life sciences sector. The collaborations were announced during the BIO International Convention 2026 in San Diego. They bring together the Department of Health – Abu Dhabi (DoH), Future Health – A Global Initiative by Abu Dhabi, and MIT’s Koch Institute for Integrative Cancer Research. Together, they plan to create new opportunities for research,…
Mandarin Oriental Hotel Group has announced a new luxury residential project in Abu Dhabi. The company will develop Emirates Palace, Mandarin Oriental Mansions, a collection of 35 private homes located within the grounds of Emirates Palace Mandarin Oriental. The project is expected to be completed and handed over in 2029. The new development marks the Group’s latest standalone residential project in the Middle East. It also reflects the growing demand for luxury homes in Abu Dhabi as the city continues to attract local and international buyers looking for premium properties. The project is owned by Emirates Palace Company (EPCO) and…
Abu Dhabi’s technology investment company MGX has closed its first AI investment fund at $49 billion. The final amount is higher than its original target of $45 billion. The milestone makes it one of the largest AI-focused investment funds ever created and highlights the growing role of Gulf investors in the global artificial intelligence industry. The fund supports companies across the full AI sector. It invests in advanced AI developers, data centers, chip technology, and digital infrastructure. The latest fund closing also shows that global investors continue to place strong confidence in AI as one of the fastest-growing industries. MGX…
Dubai’s property market started trading on Friday with deals worth almost Dh900 million. The strong start came from the sale of four large land plots and one luxury villa. These sales show that buyers still have strong interest in premium real estate across the city. Property data released through the Dubai REST app showed that investors completed several major deals during the opening hours of trading. Large land sales made up most of the value. A luxury home sale on Palm Jumeirah also added to the day’s total. The biggest transactions involved four land plots in City of Arabia. The…
Abu Dhabi is strengthening its tourism partnership with China through a new high-level visit involving leading travel industry executives. The initiative is part of the emirate’s long-term strategy to attract more Chinese visitors and expand its position as a leading global tourism destination. The Department of Culture and Tourism – Abu Dhabi worked with Etihad Airways and major tourism partners to host the strategic familiarisation visit. The programme welcomed senior executives from China’s travel industry, including representatives from travel agencies, tour operators, and distribution companies. The visit focused on building stronger business relationships, sharing market knowledge, and identifying new opportunities…
Construction projects across the UAE have continued without major delays despite a sharp rise in imported building material costs, according to a new report from Moody’s Ratings. The agency said developers have managed to keep work moving even as global supply chains faced pressure from regional tensions. The report found that imported construction material costs have increased by about 20 to 25 percent since disruptions began affecting shipping routes in the Gulf. Even with higher prices, most large projects have remained on schedule because developers prepared in advance and contractors absorbed much of the added cost. Regional conflict has disrupted…
Abu Dhabi-based investment company MGX has raised $49 billion for its artificial intelligence investment fund. The total is higher than its original goal of $45 billion. The achievement makes the fund one of the largest investment vehicles focused only on artificial intelligence. The new fund shows how quickly global competition in artificial intelligence is growing. Countries, investors, and technology companies are increasing spending to secure leadership in AI, advanced chips, and digital infrastructure. MGX plans to use the money to support companies and projects that help build the future of AI. The company said the fund will invest across several…
Abu Dhabi is entering a new stage of construction growth. A new report shows the sector is moving beyond large building volumes. It is now focusing on high-value projects, advanced technology, and better project delivery. The change is helping the emirate strengthen its role in the regional and global construction market. The report was released by the Abu Dhabi Chamber of Commerce and Industry. It explains that the construction industry is becoming more modern and efficient. Businesses are using new systems that improve quality, speed, and long-term performance. This shift matches global trends as countries invest in smarter and more…
The Abu Dhabi Coral Project has reached another major milestone after adding more than 302,000 new coral colonies since the beginning of 2026. The latest achievement brings the total number of restored coral colonies to about 1.8 million since the programme was launched. The Environment Agency – Abu Dhabi said the project continues to expand as part of a long-term plan to restore marine ecosystems and improve biodiversity across the emirate’s coastal waters. Along with growing new coral colonies, the programme has installed more than 12,700 artificial reef modules. These specially designed structures provide stable surfaces where corals can grow…
