Travel disruption across the Gulf region has entered its fifth day, with thousands of passengers still stranded and airlines operating only limited flights out of major hubs like Dubai and Abu Dhabi amid continued regional conflict and widespread airspace closures.
The annual general meeting of Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has approved a total payout of AED3.524 billion ($959.56 million), which is equivalent to 50% of the bank's 2025 net profit.
As the UAE experiences seasonal rainfall this week, LEAD Development is spotlighting the advanced water management system at Jubail Island in Abu Dhabi, demonstrating how well-designed infrastructure can transform natural conditions into long-term environmental and community value.
Abu Dhabi authorities have issued a package of administrative decisions to implement a new law related to the regulation of the emirate's real estate sector. These are aimed at boosting transparency, governance and creating a flexible legislative framework aligned with international best practices.
Kuwait International Airport was targeted by multiple drone attacks that caused significant damage to its radar system but resulted in no casualties, according to state news agency KUNA. Also the country's Mubarak Al Kabeer Port infrastructure came under a missile attack early Friday.
Mubadala Investment Company, an Abu Dhabi-based global investor, has announced that it has entered into a definitive agreement to sell its minority stake in CoolIT Systems, a global leader in liquid data centre cooling, to Ecolab as part of a transaction valued at $4.75 billion led by KKR.
Metal Park, the first integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a lease agreement with Dubai developer Binghatti, thus establishing a collaboration focused on optimising its own construction supply chain through improved control, efficiency and material assurance.
Miral, Abu Dhabi’s leading developer and creator of immersive destinations and experiences, has announced that its latest expansion of Yas Waterworld Yas Island, Abu Dhabi will open to guests on April 4. These standout additions will significantly enhance the waterpark’s portfolio and will bring the total number of in-park experiences to more than 70.
Abu Dhabi developer Miral has announced the opening of Yas Bay East Beach, newest stretch of shoreline on Yas Island. Operated by Hilton Abu Dhabi Yas Island, the beach spans 290 m of waterfront, providing a contemporary coastal escape designed for adults seeking a relaxed yet vibrant atmosphere.
Abu Dhabi Department of Energy has confirmed the readiness and efficiency of the emirate's energy and water ecosystem following field visits to several of its vital utility facilities. This comes in line with its efforts to advance sustainability while strengthening energy and water security in the emirate.
