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	<title>WAM Archives - Italy Gateway</title>
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		<title>EAD announces start of 2026 camel grazing season in Abu Dhabi</title>
		<link>https://www.wam.ae/article/bzuf8m6-ead-announces-start-2026-camel-grazing-season-abu</link>
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		<dc:creator><![CDATA[RM]]></dc:creator>
		<pubDate>Wed, 22 Apr 2026 09:59:42 +0000</pubDate>
				<category><![CDATA[WAM]]></category>
		<guid isPermaLink="false">https://italigateway.click/ead-announces-start-of-2026-camel-grazing-season-in-abu-dhabi/</guid>

					<description><![CDATA[<p>ABU DHABI, 22nd April, 2026 (WAM) &#8212; The Environment Agency – Abu Dhabi (EAD) has announced the start of the 2026 camel grazing season in the emirate, exceptionally this year from 22nd April until 15th October, under the directives of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/bzuf8m6-ead-announces-start-2026-camel-grazing-season-abu">EAD announces start of 2026 camel grazing season in Abu Dhabi</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
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<p>ABU DHABI, 22nd April, 2026 (WAM) &#8212; The Environment Agency – Abu Dhabi (EAD) has announced the start of the 2026 camel grazing season in the emirate, exceptionally this year from 22nd April until 15th October, under the directives of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Board of Directors of EAD.</p>
<p>The camel grazing season is implemented within the framework of Law No. (11) of 2020 regarding the regulation of grazing in the Abu Dhabi emirate.</p>
<p>EAD is responsible for implementing this law, which aims to organise traditional grazing practices to protect natural pastures in coordination with relevant authorities, ensuring the use of natural resources in accordance with the highest environmental sustainability standards.</p>
<p>This ensures that the needs of the local community are met and camel grazing is preserved as an inherited traditional practice in the emirate, in an environmentally balanced manner.</p>
<p>To facilitate the process, eligible applicants may obtain a grazing licence instantly through the TAMM platform. The fee for a new licence is AED250, while the renewal fee is AED150.</p>
<p>Based on the Executive Regulations of the aforementioned law, to obtain a camel grazing licence, the applicant must be a UAE National and&#8230;</p>
<p><a href="https://www.wam.ae/article/bzuf8m6-ead-announces-start-2026-camel-grazing-season-abu"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/bzuf8m6-ead-announces-start-2026-camel-grazing-season-abu">EAD announces start of 2026 camel grazing season in Abu Dhabi</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>National Centre of Meteorology forecasts new cloud wave from west</title>
		<link>https://www.wam.ae/en/article/bzck8g1-national-centre-meteorology-forecasts-new-cloud</link>
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		<dc:creator><![CDATA[Creative News]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 09:43:00 +0000</pubDate>
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					<description><![CDATA[<p>ABU DHABI, 23rd March, 2026 (WAM) &#8212; The National Centre of Meteorology (NCM) stated that the current clouds are expected to move northward and eastward towards Al Ain over the coming hours and into the night. NCM added that after midnight, a new wave of clouds will begin forming from the west, moving toward Al [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/bzck8g1-national-centre-meteorology-forecasts-new-cloud">National Centre of Meteorology forecasts new cloud wave from west</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>ABU DHABI, 23rd March, 2026 (WAM) &#8212; The National Centre of Meteorology (NCM) stated that the current clouds are expected to move northward and eastward towards Al Ain over the coming hours and into the night.</p>
<p>NCM added that after midnight, a new wave of clouds will begin forming from the west, moving toward Al Dhafra and Abu Dhabi during the day on Tuesday.</p>
<p><a href="https://www.wam.ae/en/article/bzck8g1-national-centre-meteorology-forecasts-new-cloud"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/bzck8g1-national-centre-meteorology-forecasts-new-cloud">National Centre of Meteorology forecasts new cloud wave from west</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>IACAD inaugurates Zamzam Mosque in Al Barsha South 2</title>
		<link>https://www.wam.ae/article/1732itg-iacad-inaugurates-zamzam-mosque-barsha-south</link>
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		<dc:creator><![CDATA[RM]]></dc:creator>
		<pubDate>Sat, 21 Feb 2026 07:16:14 +0000</pubDate>
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		<guid isPermaLink="false">https://italigateway.click/iacad-inaugurates-zamzam-mosque-in-al-barsha-south-2/</guid>

					<description><![CDATA[<p>DUBAI, 21st February, 2026 (WAM) &#8212; The Islamic Affairs and Charitable Activities Department in (IACAD) inaugurated Zamzam Mosque in Al Barsha South 2, built through a donation from the Abdul Wahed Al Rostamani Group and his grandchildren. The mosque can accommodate around 850 worshippers, including 700 men and 150 women, and serves residents of the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/1732itg-iacad-inaugurates-zamzam-mosque-barsha-south">IACAD inaugurates Zamzam Mosque in Al Barsha South 2</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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<p>DUBAI, 21st February, 2026 (WAM) &#8212; The Islamic Affairs and Charitable Activities Department in (IACAD) inaugurated Zamzam Mosque in Al Barsha South 2, built through a donation from the Abdul Wahed Al Rostamani Group and his grandchildren.</p>
<p>The mosque can accommodate around 850 worshippers, including 700 men and 150 women, and serves residents of the area and nearby neighbourhoods.</p>
<p>Designed in a contemporary style inspired by Islamic architecture, the mosque includes a main prayer hall, a women’s prayer area, a minaret, an arcade, and housing for the Imam and Muezzin. It also features ablution facilities, parking spaces and access for People of Determination and the elderly.</p>
<p>The building is equipped with modern air-conditioning and sound systems and incorporates energy-efficient lighting and other sustainability measures in line with Dubai’s environmental goals.</p>
<p><a href="https://www.wam.ae/article/1732itg-iacad-inaugurates-zamzam-mosque-barsha-south"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/1732itg-iacad-inaugurates-zamzam-mosque-barsha-south">IACAD inaugurates Zamzam Mosque in Al Barsha South 2</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>Arada records 199% year-on-year sales increase in 2025</title>
		<link>https://www.wam.ae/en/article/bycu82j-arada-records-199-year-on-year-sales-increase</link>
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		<dc:creator><![CDATA[Creative News]]></dc:creator>
		<pubDate>Thu, 22 Jan 2026 08:50:26 +0000</pubDate>
				<category><![CDATA[WAM]]></category>
		<guid isPermaLink="false">https://italigateway.click/arada-records-199-year-on-year-sales-increase-in-2025/</guid>

					<description><![CDATA[<p>SHARJAH, 22nd January, 2026 (WAM) &#8212; Arada registered year-on-year sales growth of 199 percent in the UAE during 2025, with AED17.3 billion worth of homes sold across master-planned communities and luxury developments in Dubai and Sharjah. Driven by strong demand for properties in its existing and newly announced projects, the master developer sold 5,140 homes [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/bycu82j-arada-records-199-year-on-year-sales-increase">Arada records 199% year-on-year sales increase in 2025</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
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<p>SHARJAH, 22nd January, 2026 (WAM) &#8212; Arada registered year-on-year sales growth of 199 percent in the UAE during 2025, with AED17.3 billion worth of homes sold across master-planned communities and luxury developments in Dubai and Sharjah. Driven by strong demand for properties in its existing and newly announced projects, the master developer sold 5,140 homes last year, more than double the 2,171 units recorded in 2024.</p>
<p>Arada’s total group revenue rose by 170 percent to AED6.7 billion during 2025, as the company continued to expand aggressively across geographies and verticals, including hospitality, F&amp;B, industry, entertainment, fitness and wellness. Meanwhile, group earnings before interest, depreciation and amortisation (EBITDA) increased by 174 percent year on year to AED1.6 billion.</p>
<p>Both domestically and internationally, Arada achieved an array of key milestones in 2025. Its new project launches included Dubai’s Akala, the world’s first precision wellness destination, and Sharjah’s Masaar 2 and Masaar 3 forested communities, which ranked among the fastest-selling projects in the UAE last year.</p>
<p>Outside the UAE, Arada expanded its operations into the UK, committing AED2.5 billion to acquire 75 percent of British developer Regal (now Arada London) and land an 80&#8230;</p>
<p><a href="https://www.wam.ae/en/article/bycu82j-arada-records-199-year-on-year-sales-increase"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/bycu82j-arada-records-199-year-on-year-sales-increase">Arada records 199% year-on-year sales increase in 2025</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>Sheikh Mansour bin Zayed Agricultural Excellence Award empowers young farmers: Ahmed bin Hamdan</title>
		<link>https://www.wam.ae/article/15xowa8-sheikh-mansour-bin-zayed-agricultural-excellence</link>
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		<dc:creator><![CDATA[RM]]></dc:creator>
		<pubDate>Tue, 23 Dec 2025 08:39:23 +0000</pubDate>
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					<description><![CDATA[<p>ABU DHABI, 23rd December, 2025 (WAM) &#8212; Sheikh Ahmed bin Hamdan bin Mohammed Al Nahyan, Chairman of the Abu Dhabi Agricultural Club, said agriculture is a cornerstone of food security and sustainability in the UAE, highlighting the role of national initiatives in driving innovation and attracting young entrepreneurs to the sector. Speaking during a panel [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/15xowa8-sheikh-mansour-bin-zayed-agricultural-excellence">Sheikh Mansour bin Zayed Agricultural Excellence Award empowers young farmers: Ahmed bin Hamdan</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
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<p>ABU DHABI, 23rd December, 2025 (WAM) &#8212; Sheikh Ahmed bin Hamdan bin Mohammed Al Nahyan, Chairman of the Abu Dhabi Agricultural Club, said agriculture is a cornerstone of food security and sustainability in the UAE, highlighting the role of national initiatives in driving innovation and attracting young entrepreneurs to the sector.</p>
<p>Speaking during a panel session at the pavilion of the Sheikh Mansour bin Zayed Agricultural Excellence Award at the Sheikh Zayed Festival in Al Wathba, Sheikh Ahmed said the award has contributed to raising farmers’ awareness and encouraging the adoption of modern technologies and innovative practices.</p>
<p>The session was attended by Sheikh Eng. Salem bin Sultan bin Saqr Al Qasimi, Chairman of the Department of Civil Aviation and Chairman of Ras Al Khaimah International Airport and Chairman of One Hive for honey production; Moza Suhail Al Muhairi, Deputy Director-General for Regulatory and Administrative Affairs at the Abu Dhabi Agriculture and Food Safety Authority and Chair of the Higher Organising Committee of the Sheikh Mansour bin Zayed Agricultural Excellence Award; Ahmed Khaled Othman, Acting Deputy Director-General for Operational Affairs at the Abu Dhabi Agriculture and Food Safety Authority; along with a number of officials, experts, farmers&#8230;</p>
<p><a href="https://www.wam.ae/article/15xowa8-sheikh-mansour-bin-zayed-agricultural-excellence"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/15xowa8-sheikh-mansour-bin-zayed-agricultural-excellence">Sheikh Mansour bin Zayed Agricultural Excellence Award empowers young farmers: Ahmed bin Hamdan</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>79 percent of travellers exposed to data theft through unsafe charging ports</title>
		<link>https://www.wam.ae/en/article/15vwlgt-percent-travellers-exposed-data-theft-through</link>
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		<dc:creator><![CDATA[Creative News]]></dc:creator>
		<pubDate>Sun, 23 Nov 2025 08:07:09 +0000</pubDate>
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					<description><![CDATA[<p>ABU DHABI, 23rd November, 2025 (WAM) &#8212; The UAE Cyber Security Council has warned of the growing risks associated with the use of untrusted public charging ports, confirming that 79 percent of travellers unknowingly expose their personal data to danger when charging their devices at unsecured public stations. The Council explained that some public charging [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/15vwlgt-percent-travellers-exposed-data-theft-through">79 percent of travellers exposed to data theft through unsafe charging ports</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
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<p>ABU DHABI, 23rd November, 2025 (WAM) &#8212; The UAE Cyber Security Council has warned of the growing risks associated with the use of untrusted public charging ports, confirming that 79 percent of travellers unknowingly expose their personal data to danger when charging their devices at unsecured public stations.</p>
<p>The Council explained that some public charging ports may contain malicious software or hidden systems capable of accessing personal data through so-called juice jacking attacks, which exploit media or image transfer protocols that activate automatically when devices are connected.</p>
<p>In statements to the Emirates News Agency (WAM), the Cyber Security Council said ignoring protective measures and using unsafe charging ports may lead to data and password theft or the installation of harmful software on mobile phones without the user’s knowledge.</p>
<p>It added that 68 percent of companies have been subjected to attacks originating from untrusted charging ports, resulting in data breaches and compromises to their digital infrastructure.</p>
<p>The Council listed several warning signs that may indicate a device has been exposed to such attacks, including rapid battery drain, slow application performance, repeated system crashes and the appearance of unfamiliar symbols or messages on the&#8230;</p>
<p><a href="https://www.wam.ae/en/article/15vwlgt-percent-travellers-exposed-data-theft-through"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/15vwlgt-percent-travellers-exposed-data-theft-through">79 percent of travellers exposed to data theft through unsafe charging ports</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>UAE celebrates Indian Community in Dubai on October 26</title>
		<link>https://www.wam.ae/article/15u4anb-uae-celebrates-indian-community-dubai-october</link>
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		<dc:creator><![CDATA[ES]]></dc:creator>
		<pubDate>Fri, 24 Oct 2025 07:38:10 +0000</pubDate>
				<category><![CDATA[WAM]]></category>
		<guid isPermaLink="false">https://italigateway.click/uae-celebrates-indian-community-in-dubai-on-october-26/</guid>

					<description><![CDATA[<p>DUBAI, 24th October, 2025 (WAM) &#8212; The UAE will celebrate the Indian community through a large public event to be held at Zabeel Park in Dubai on 26th October, in the presence of Noura Al Kaabi, Minister of State, and A. Amarnath, Deputy Chief of Mission at the Embassy of India to the UAE, along [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/15u4anb-uae-celebrates-indian-community-dubai-october">UAE celebrates Indian Community in Dubai on October 26</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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<p>DUBAI, 24th October, 2025 (WAM) &#8212; The UAE will celebrate the Indian community through a large public event to be held at Zabeel Park in Dubai on 26th October, in the presence of Noura Al Kaabi, Minister of State, and A. Amarnath, Deputy Chief of Mission at the Embassy of India to the UAE, along with a distinguished gathering of diplomats, business leaders, and prominent members of the Indian community.</p>
<p>The celebration, being held for the second consecutive year, underscores the depth of friendship and cultural ties between the UAE and India.</p>
<p>Organised by the &#8220;Emirates Loves India&#8221; page, the event reflects the strength and vitality of the long-standing bilateral relations between the two countries and the high regard the UAE holds for the Indian community, as it joins them in celebrating their cultural and civilisational heritage.</p>
<p>The event, which is expected to attract more than 70,000 attendees, will showcase the rich diversity of Indian culture, art, and folklore. It will feature a varied programme of cultural and artistic performances, live music, and traditional activities that highlight the depth and beauty of India’s history and artistic legacy, as well as the contributions of the Indian community to the UAE’s sustainable development.</p>
<p>The event will include a special&#8230;</p>
<p><a href="https://www.wam.ae/article/15u4anb-uae-celebrates-indian-community-dubai-october"target="_blank">Read more&#8230;</a></p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/15u4anb-uae-celebrates-indian-community-dubai-october">UAE celebrates Indian Community in Dubai on October 26</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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		<title>MOCCAE holds Nature Guardians Majlis to mobilise international environmental efforts</title>
		<link>https://www.wam.ae/en/article/blvby9n-moccae-holds-nature-guardians-majlis-mobilise</link>
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		<dc:creator><![CDATA[Creative News]]></dc:creator>
		<pubDate>Wed, 24 Sep 2025 07:40:37 +0000</pubDate>
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					<description><![CDATA[<p>NEW YORK, 24th September, 2025 (WAM) &#8212; The Ministry of Climate Change and Environment (MOCCAE), in cooperation with the International Union for Conservation of Nature (IUCN), hosted the inaugural Nature Guardians Majlis in New York on Monday on the sidelines of the 80th edition of the United Nations General Assembly (UNGA). Introducing the Emirati majlis [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/blvby9n-moccae-holds-nature-guardians-majlis-mobilise">MOCCAE holds Nature Guardians Majlis to mobilise international environmental efforts</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
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<p>NEW YORK, 24th September, 2025 (WAM) &#8212; The Ministry of Climate Change and Environment (MOCCAE), in cooperation with the International Union for Conservation of Nature (IUCN), hosted the inaugural Nature Guardians Majlis in New York on Monday on the sidelines of the 80th edition of the United Nations General Assembly (UNGA). </p>
<p>Introducing the Emirati majlis model to a global audience and to the heart of multilateral diplomacy, the Nature Guardians Majlis featured a high-level gathering designed to foster open dialogue and collaborative action in the lead-up to the IUCN World Conservation Congress 2025 in Abu Dhabi.</p>
<p>The Majlis convened a high-level assembly of decision-makers and experts, including ministers, ambassadors, and nature envoys from various countries participating in UNGA 80. They were joined by representatives from prominent international organisations, notably IUCN, to deliberate on strategies for tackling the pressing crises of climate change and biodiversity loss.</p>
<p>Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, opened the session emphasising the UAE&#8217;s unwavering commitment to multilateralism and environmental stewardship.</p>
<p>Underscoring the importance of biodiversity and building collective momentum to preserve it, Dr. Amna Al Dahak&#8230;</p>
<p><a href="https://www.wam.ae/en/article/blvby9n-moccae-holds-nature-guardians-majlis-mobilise"target="_blank">Read more&#8230;</a></p>
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		<title>UAE powerlifting team wins 21 medals at West Asia Championship in Qatar</title>
		<link>https://www.wam.ae/article/blca3j6-uae-powerlifting-team-wins-medals-west-asia</link>
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		<dc:creator><![CDATA[TF]]></dc:creator>
		<pubDate>Sat, 23 Aug 2025 15:44:59 +0000</pubDate>
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					<description><![CDATA[<p>DOHA, 23rd August, 2025 (WAM) – The UAE national powerlifting team snatched 21 medals at the West Asia Powerlifting Championship, which concluded today in Qatar with the participation of 10 countries. The UAE’s medal tally included 7 gold, 6 silver, and 8 bronze medals. Abdulrahman Al Junaibi claimed one gold and three silver medals in [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/article/blca3j6-uae-powerlifting-team-wins-medals-west-asia">UAE powerlifting team wins 21 medals at West Asia Championship in Qatar</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
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										<content:encoded><![CDATA[<p></p>
<p>DOHA, 23rd August, 2025 (WAM) – The UAE national powerlifting team snatched 21 medals at the West Asia Powerlifting Championship, which concluded today in Qatar with the participation of 10 countries.</p>
<p>The UAE’s medal tally included 7 gold, 6 silver, and 8 bronze medals. </p>
<p>Abdulrahman Al Junaibi claimed one gold and three silver medals in the 63kg category.</p>
<p>John Andous secured one gold, one silver, and one bronze in the 105kg category.</p>
<p>Mohammed Al Kaabi won one gold and three bronze medals in the 93kg category.</p>
<p>Walid Jammoul earned one gold and one bronze in the open weight category.</p>
<p>Issa Al Marzouqi took a bronze in the 83kg category, in addition to three medals across “Champion of Champions,” overall total, and Best Player awards.</p>
<p>Sheikh Abdullah bin Hamad bin Saif Al Sharqi, President of the UAE Bodybuilding and Fitness Federation, congratulated the UAE sports community and the national powerlifting team for their international achievement. He praised the efforts of the technical and administrative staff, and called for further strengthening of the team with talent and excellence in preparation for hosting the World Powerlifting Championship in Fujairah in June 2026.</p>
<p><a href="https://www.wam.ae/article/blca3j6-uae-powerlifting-team-wins-medals-west-asia"target="_blank">Read more&#8230;</a></p>
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		<title>Amlak Finance announces early, full settlement of outstanding financing facilities</title>
		<link>https://www.wam.ae/en/article/bkuf3ec-amlak-finance-announces-early-full-settlement</link>
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		<dc:creator><![CDATA[Creative News]]></dc:creator>
		<pubDate>Thu, 24 Jul 2025 15:58:44 +0000</pubDate>
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					<description><![CDATA[<p>DUBAI, 24th July 2025 (WAM) &#8212; Amlak Finance PJSC, today announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial discipline and strategic foresight. Since the initial restructuring under the Common Terms Agreement (CTA) in 2014, Amlak has successfully settled AED10.2 billion with a total of 29 financiers. As [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.wam.ae/en/article/bkuf3ec-amlak-finance-announces-early-full-settlement">Amlak Finance announces early, full settlement of outstanding financing facilities</a> appeared first on <a rel="nofollow" href="https://italigateway.click">Italy Gateway</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>DUBAI, 24th July 2025 (WAM) &#8212; Amlak Finance PJSC, today announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial discipline and strategic foresight.</p>
<p>Since the initial restructuring under the Common Terms Agreement (CTA) in 2014, Amlak has successfully settled AED10.2 billion with a total of 29 financiers. </p>
<p>As of 24th July 2025, Amlak has fully settled its financial obligations, which were contractually scheduled to be settled by October 2026, by paying the balance amount of AED898 million to the six remaining financiers ahead of schedule, which is a key step towards the formal CTA exit.</p>
<p>Over the past few years, the settlement of financial obligations has been one of the most significant challenges. The Board of Directors and leadership team have exerted exceptional efforts in this regard to actively engage with the financiers and settle the obligations. These dedicated efforts have been instrumental in achieving this key milestone.</p>
<p>This achievement was further reinforced by a series of strategic steps, including the sale of some land assets, which aligned with the company’s long-term vision and facilitated the early settlement with the financiers.</p>
<p>Commenting on the early settlement, Arif Albastaki, CEO of Amlak Finance&#8230;</p>
<p><a href="https://www.wam.ae/en/article/bkuf3ec-amlak-finance-announces-early-full-settlement"target="_blank">Read more&#8230;</a></p>
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