Latest news with #AED200
Sharjah 24
2 days ago
- Business
- Sharjah 24
Khaled bin Mohamed attends Abu Dhabi Infrastructure Summit
During a tour of the ADIS exhibition, His Highness reviewed the latest global innovations and technologies in sustainable infrastructure. More than 25 participating entities showcased both local and international best practices in adopting smart urban planning principles and sustainability-driven approaches to modern city development, aimed at enhancing quality of life for communities . His Highness Sheikh Khaled bin Mohamed bin Zayed underscored the importance of leveraging advanced technologies in urban planning to ensure the long-term sustainability of infrastructure that meets the aspirations of current and future generations and enhances societal well-being, by investing in integrated, future-ready infrastructure, including facilities powered by artificial intelligence (AI) and other smart solutions . During the summit, the Department of Municipalities and Transport launched its AI-powered Binaa platform, aimed at streamlining the construction permitting process. By reducing transaction processing times by up to 70 per cent, the platform enables permits to be issued within 24 hours. It also identifies over-designs, helping avoid redundancy and minimising environmental impacts. The system enables more than 15 government entities to access blueprints and other relevant documents, creating a unified platform for all stakeholders . The summit gathered more than 2,000 experts, leading engineers, urban planners, decision-makers, senior officials and representatives of international organisations from around the world . Attendees engaged in high-level panel discussions focused on sustainability and innovation in the development of infrastructure for modern cities . ADPIC showcased a portfolio of strategic initiatives aimed at creating an integrated urban environment, which are enhancing community wellbeing across Abu Dhabi. ADPIC is currently overseeing the implementation of 600-plus projects valued at more than AED200 billion, spanning key sectors such as housing, public parks, education, tourism and other vital government services. These efforts highlight ADPIC's pivotal role in driving comprehensive development and reinforcing Abu Dhabi's position as a global leader in infrastructure quality . During the visit, His Highness Sheikh Khaled bin Mohamed was accompanied by Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Department of Finance – Abu Dhabi; Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; and Eng. Maysarah Mahmoud Eid, Director-General of Abu Dhabi Projects and Infrastructure Centre .
Al Etihad
2 days ago
- Business
- Al Etihad
Khaled bin Mohamed bin Zayed attends Abu Dhabi Infrastructure Summit
18 June 2025 18:30 ABU DHABI (ALETIHAD)His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the Abu Dhabi Infrastructure Summit (ADIS), hosted by the Abu Dhabi Projects and Infrastructure Centre (ADPIC) over two days at the Abu Dhabi Energy Centre, under the theme Future Cities: Rethinking Infrastructure for Better a tour of the ADIS exhibition, His Highness reviewed the latest global innovations and technologies in sustainable infrastructure. More than 25 participating entities showcased both local and international best practices in adopting smart urban planning principles and sustainability-driven approaches to modern city development, aimed at enhancing quality of life for Highness Sheikh Khaled bin Mohamed bin Zayed underscored the importance of leveraging advanced technologies in urban planning to ensure the long-term sustainability of infrastructure that meets the aspirations of current and future generations and enhances societal wellbeing, by investing in integrated, future-ready infrastructure, including facilities powered by artificial intelligence (AI) and other smart the summit, the Department of Municipalities and Transport launched its AI-powered Binaa platform, aimed at streamlining the construction permitting process. By reducing transaction processing times by up to 70 per cent, the platform enables permits to be issued within 24 hours. It also identifies over-designs, helping avoid redundancy and minimising environmental impacts. The system enables more than 15 government entities to access blueprints and other relevant documents, creating a unified platform for all summit gathered more than 2,000 experts, leading engineers, urban planners, decision-makers, senior officials and representatives of international organisations from around the world. Attendees engaged in high-level panel discussions focused on sustainability and innovation in the development of infrastructure for modern showcased a portfolio of strategic initiatives aimed at creating an integrated urban environment, which are enhancing community wellbeing across Abu Dhabi. ADPIC is currently overseeing the implementation of 600-plus projects valued at more than AED200 billion, spanning key sectors such as housing, public parks, education, tourism and other vital government services. These efforts highlight ADPIC's pivotal role in driving comprehensive development and reinforcing Abu Dhabi's position as a global leader in infrastructure quality. During the visit, His Highness was accompanied by His Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Department of Finance – Abu Dhabi; His Excellency Mohamed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport; His Excellency Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council and Chairman of the Office of the Crown Prince; and His Excellency Engineer Maysarah Mahmoud Eid, Director-General of Abu Dhabi Projects and Infrastructure Centre.
Web Release
11-06-2025
- Entertainment
- Web Release
Dive into the night with Moonlight Splash at Bohemia Beach Club, FIVE Palm Jumeirah
Dive into the night with Moonlight Splash at Bohemia Beach Club, FIVE Palm Jumeirah This summer, the legendary Bohemia Beach Club at FIVE Palm Jumeirah invites you to dive into Moonlight Splash—an all-new after-dark ritual unfolding every Thursday and Saturday. As the sun sets and the stars come out, Bohemia Beach Club's iconic glass-lined pool transforms into a shimmering stage for sultry deep house beats, chilled cocktails, and revelry. From 7PM till late, float beneath the night sky, feel the pulse of the music move through the water, and let the cool sea breeze wrap around you. Whether you're swimming, mingling, or simply soaking in the vibe, Moonlight Splash at Bohemia Beach Club is your ticket to a liberating and decadent open-air nightlife experience. Location: Bohemia Beach Club, FIVE Palm Jumeirah When: Thursdays and Saturdays, from 7PM Pricing: Starting from AED200 Follow us: Instagram | Website Call: 04 455 9989 WhatsApp: +971 4455 9999 Email: [email protected] *Advance bookings strongly recommended.
Web Release
11-06-2025
- Entertainment
- Web Release
Late Nights, Lit Vibes with Weekend Nightswim at Playa Pacha, FIVE LUXE
Sun's out? The fun's just getting started. Dial up the weekend with Playa Pacha's Nightswim – a fabulous apres hours, pool party where moonlit dips, delicious cocktails and DJ-fuelled beats are guaranteed at FIVE LUXE. It's wild. It's wet. It's weekend-only. Experience the ultimate Ibiza-inspired moonlit pool party with Nightswim at Playa Pacha, FIVE LUXE. Framed by views of the Arabian Gulf, Ain Dubai, and Palm Jumeirah, this vibrant destination blends world-class entertainment, striking visuals, and electrifying Balearic energy. As night falls on weekends, Playa Pacha takes on a brand new energy. The pool pulses as resident DJs deliver a curated soundtrack beneath the stars, setting the tone for a raging after-dark experience. Signature cocktails flow, the atmosphere sizzles, and Dubai's largest anamorphic screen casts a captivating glow — enveloping the venue in a swirl of immersive visuals and high-octane, sensory spectacle. So bring your A-game and 'Come Play' at FIVE LUXE's most decadent and dynamic party destination! Location: Playa Pacha, FIVE LUXE When: Friday – Sunday, 7:00 PM onwards Pricing: AED200 for Ladies, fully redeemable AED300 for Gents, fully redeemable VIP areas and private cabanas available on request Press Kit: LINK Follow us: Instagram | Website Call: +971 4 455 9989 WhatsApp: +971 4 275 9999 Email: [email protected] *Advance bookings strongly recommended.
ARN News Center
20-05-2025
- Business
- ARN News Center
Exchange house fined AED 200 million for compliance failures
The Central Bank of the UAE has imposed a financial penalty of AED 200 million on an exchange house for serious violations of anti-money laundering and counter-terrorism financing regulations. The sanction follows extensive examinations by the Central Bank, which uncovered major compliance failures within the exchange house's operations. In addition, a branch manager has been fined AED 500,000 and banned from holding any role in UAE-licensed financial institutions. The Central Bank says these actions are part of its ongoing efforts to uphold transparency, enforce financial regulations and protect the integrity of the UAE's financial system. The #CentralBankUAE imposed a financial sanction of amount AED200 million on an exchange house, pursuant to Article (137) of the Decretal Federal Law No. (14) of 2018 Regarding the Central Bank and Organization of Financial Institutions and Activities, and amendments thereto.… — Central Bank of the UAE (@centralbankuae) May 20, 2025
