Dubai , February 23 , 2026 : In the true spirit of the holy month of Ramadan, Gemini Property Developers, a Dubai-based boutique developer and the real estate arm of Gemini Energy Group, is continuing its longstanding tradition of supporting the dedicated and essential workforce community during Ramadan by distributing 30,000 Iftarmeals in labour camps.
Gemini Property Developers has, for several consecutive years, distributed thousands of Iftar meals to workers across the UAE. This year, the initiative will deliver more than 30,000 meals to the workforce across the industrial areas and labour camps of Dubai, throughout the holy month.
The initiative reflects the company’s strong Corporate Social Responsibility (CSR) commitment and aligns with the UAE’s national UAE Year of Family, reinforcing values of unity, compassion, and shared responsibility.
The campaign commenced in Al Quoz, widely regarded as the heart of Dubai’s industrial community, before expanding to additional labour accommodations across the Emirates. The company’s senior leadership, including Chairman Sudhakar R. Rao and Managing Director Prabhakar R. Rao and Executive MD Aishwarya S. Rao, personally visited labour camps to share Iftar with workers—an expression of gratitude to those whose dedication and resilience underpin the nation’s growth.
“Ramadan reminds us that progress is built not only with ambition, but with empathy,” said Sudhakar R. Rao, Chairman of Gemini Property Developers. “This initiative is our way of standing beside the workforce that contributes every day to the development of our cities.” Beyond meal distribution, the initiative aims to inspire a broader culture of giving within the private sector and contribute to the UAE’s longstanding humanitarian legacy.”
With over 30 years of international experience across diverse industries—including energy and real estate—Gemini Property Developers brings a legacy of precision, discipline, and quality to Dubai’s property market.
“Our foundation in the energy sector has shaped our commitment to performance, reliability, and uncompromising standards. With our upcoming real estate project in Dubai, a 29-storey premium residential tower featuring 455 units that is strategically located in Business Bay, we continue our focus on boutique, premium developments,” he added.
The project features thoughtfully designed layouts, generous spaces, high-quality finishes, and strong lifestyle amenities — complemented by extensive greenery, including landscaped areas within the development and a public park adjoining the project on two sides.
Dubai , February 23 , 2026 : Dubai Municipality announced that the Ramadan Souq 2026, held on Old Baladiya Street within Deira Grand Souk, achieved record success, welcoming 1.82 million visitors. The event recorded growth of 12.4%, attracting more than 200,000 additional visitors compared with the 2025 season, supported by an authentic heritage-inspired atmosphere and a diverse programme of cultural, community and interactive entertainment activities.
The strong turnout reflects Dubai Municipality’s ongoing efforts to strengthen the market’s position as one of the emirate’s most prominent annual community and heritage events. The souq coincided with the “Al Welfa” season, which promotes family cohesion and celebrates Emirati cultural and social traditions. It also contributed to stimulating tourism and economic activity in historic markets while supporting small and medium-sized enterprises through a community-driven platform that encourages family participation, promotes economic sustainability and reinforces the role of traditional markets as key cultural and tourism destinations.
Participants in the market — including traditional souk shop owners, traders, entrepreneurs and People of Determination — recorded a 35% increase in sales, driven by strong visitor engagement and a rich programme of activities featuring heritage performances, interactive competitions, handicraft workshops and kiosks showcasing local products. Community initiatives and partnerships with several government and private entities further enhanced the market’s appeal, attracting residents and visitors to experience one of Dubai’s leading celebrations of Emirati heritage within its historic trading hubs.
Asem Al Qassim, Director of the Architectural Heritage and Antiquities Department at Dubai Municipality, said: “These results reflect Dubai Municipality’s continuous efforts to activate historic districts and heritage markets, transforming them into vibrant destinations that blend authenticity with modernity. The initiative contributes to reviving local heritage, highlighting authentic Emirati values, and sharing them with residents and visitors while supporting the Municipality’s objectives of preserving Dubai’s architectural and historical identity and strengthening its position on the global urban heritage map. Ramadan Souq will continue to evolve in the coming seasons through qualitative initiatives aimed at attracting traders and visitors and further maximising its social, economic and cultural impact.”
Ramadan Souq 2026 also witnessed a significant expansion in accompanying activities compared with 2025, supported by a wider range of workshops and interactive experiences for different age groups. New activations introduced this year included a henna corner, face painting, a traditional gypsum workshop, a planting workshop and Arabic calligraphy sessions, in addition to a dedicated children’s play area — further strengthening the event’s family-friendly appeal and broadening audience participation.
This expansion reflects Dubai Municipality’s commitment to continuously enhancing the visitor experience and developing the event from a seasonal heritage market into an integrated community platform that combines entertainment, cultural learning and support for traditional crafts and skills — reinforcing its sustainability and positioning it among Dubai’s most prominent Ramadan events.
Dubai Municipality organises the Ramadan Souq annually as a destination that brings families and communities together through a shopping and entertainment experience that combines traditional Ramadan preparations with cultural and community activities. The initiative forms part of the Municipality’s wider efforts to support tourism, entertainment and commercial activity across Dubai while encouraging engagement with public facilities and historic destinations.
BEIJING, February 23,2026 : China further consolidated its poverty alleviation gains and promoted rural development during the 14th Five-Year Plan period (2021-2025).
According to China Central Television (CCTV) report, After eradicating absolute poverty in late 2020, China used the five-year period from 2021 to 2025 to secure its accomplishments by focusing on preventing relapse and boosting rural revitalization.
The plan emphasised establishing long-term mechanisms, improving rural living environments, ensuring food security, providing targeted assistance to relocated populations, and developing local industries to increase farmers’ incomes and narrow the urban-rural divide.
In 2025 alone, China’s employment support policies successfully stabilised the employment of over 32 million people who had previously been lifted out of poverty, preventing a widespread return to hardship. More than seven million individuals were assisted through dedicated monitoring systems.
Agricultural gains were key to this accomplishment. The country’s grain output in 2025 reached a record high of approximately 714.9 million tons, exceeding 700 million tons for the second consecutive year. Notably, soybean production reached 20.91 million tonnes, marking the fourth consecutive year it had remained above the 20 million-ton level.
China’s agricultural technology advancement contributed over 64 percent to the sector’s growth, marking a significant shift from labor-intensive farming to high-tech, automated, and data-driven methods.
Meanwhile, last year also saw the value-added output of China’s major agricultural and sideline food processing enterprises up by 5.6 percent year over year.
As of the end of 2025, rural per capita disposable income had risen 6 percent in real terms to over 24,000 yuan, or about US$ 3,500.
China has also made further progress in building more livable and prosperous rural communities, with the coverage rate of sanitary toilets in rural areas currently standing around 77%.
By the end of 2020, China officially eradicated absolute poverty, lifting the last 98.99 million rural residents out of poverty over eight years. Over a span of four decades, nearly 800 million people were lifted out of poverty in the country, accounting for over 70% of the global reduction in extreme poverty. This achievement met the UN’s 2030 Agenda for Sustainable Development poverty target 10 years ahead of schedule.
Dubai , February 23,2026 : Dubai’s Roads and Transport Authority (RTA) honoured 80 driving instructors for their outstanding performance in delivering their duties, along with four driver training centres that achieved the highest results in the approved targets for driver training services and recorded the highest pass rates in knowledge, smart yard, and road tests. The recognition took place during a ceremony held at RTA headquarters, attended by representatives from Dubai Police General Headquarters and driver training centres. Ahmed Mahboob, CEO of the Licensing Agency at RTA, affirmed during the ceremony that the initiative to honour outstanding instructors and driver training centres stems from RTA’s commitment to achieving its strategic objectives related to health, safety, security, customer happiness, and strengthening partnership with the private sector. These efforts contribute to reinforcing a safe transport environment and delivering innovative and sustainable services that elevate the customer experience to world-class standards. He added that the Drivers Licensing Department at the Licensing Agency conducts annual evaluations of instructors and selects distinguished performers based on approved assessment criteria and in accordance with a comprehensive and advanced policy for driver training and licensing delivered through a digital platform. Exceptional institutes that achieved the highest targets in driver testing services are also honoured through joint coordination
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between RTA and Dubai Police General Headquarters to achieve the objectives of the strategic partnership in traffic safety. Mahboob congratulated the honourees on their distinguished performance and commended the efforts of driver training and qualification service providers, including institutes and driving instructors, for achieving the highest pass rates in knowledge, smart yard, and road tests. He praised their professional performance, which merits recognition, and highlighted the strong level of competition among the winners, whether instructors or driver training centres, reflecting their commitment to continuously enhancing the services provided. The list of recognised driver training centres included Belhasa Driving Centre, Emirates Transport Driving Institute, Bin Yaber Driving Institute, and Excellence Driving School. For their part, the honoured instructors and driver training centres expressed their appreciation for the recognition and reaffirmed their commitment to continuing to achieve the best results in their future duties.
Dubai, February 22, 2026 : The Roads and Transport Authority (RTA) has awarded the contract for Phase II of the Hessa Street Development project, as Phase I prepares to open in April 2026.
Key Highlights
Serves: 650,000 residents across 10 major communities, including Jumeirah Village Circle (JVC), Al Barsha South, Arjan, Dubai Science Park, Jumeirah Lakes Towers, Emirates Hills and others
Capacity doubled: From 4,000 to 8,000 vehicles per hour in each direction
Journey time reduced: From 24 minutes to 5 minutes
Major infrastructure: 8,835 metres of bridges and a 480-metre tunnel
Sustainable mobility: 10.4 km cycling and e-scooter track linking Dubai Hills and Dubai Motor City
Phase II Overview
Phase II covers a 3 km stretch between Al Khail Road and Sheikh Mohammed bin Zayed Road. The project includes major interchange upgrades, new multi-level ramps, collector roads, and a 480-metre tunnel serving traffic from JVC toward Sheikh Mohammed bin Zayed Road.
The development will also widen Al Hadaeq Street into a dual carriageway and convert roundabouts into signalised intersections to improve traffic flow.
His Excellency Mattar Al Tayer said the project complements Phase I and supports Dubai’s growing urban development, with roads in the corridor currently handling around 500,000 trips daily.
Phase I Progress
Phase I — set to open fully in April 2026 — upgraded four major intersections along Hessa Street, expanded the road from two to four lanes in each direction, and introduced a 13.5 km cycling track linking Al Sufouh to Dubai Hills.
A key 1,000-metre bridge opened in December 2024, reducing travel time between Hessa Street and Al Khail Road from 15 minutes to three minutes.
Project Impact
Once complete, the full Hessa Street Development will significantly ease congestion, enhance connectivity between major residential districts, and support Dubai’s long-term infrastructure and sustainable mobility goals.
Dubai, February 20, 2026 : Nisus Finance Services Co Ltd, a leading alternative investment and urban infrastructure platform, reported a stellar result with a total income of Dh15.68 million (IN₹387 million) for the third quarter and Dh46 million (IN₹1.13 billion) for the first nine months of the of the financial year 2026 delivering strong profitability and sustained growth momentum driven by a disciplined investment strategy and high-quality earnings.
During the nine months ended December 31, 2025, Nisus Finance reported total income of Dh46.19 million (IN₹1.14 billion) and Profit After Tax (PAT) of Dh22.97 million (IN₹567 million), significantly exceeding its full-year FY25 profitability.
This strong cumulative performance highlights the scalability of the company’s business model and its ability to consistently deliver superior returns. In addition to its strong core platform performance, Nisus Finance has further strengthened its consolidated platform through the strategic integration of New Consolidated Construction Co. Ltd. (NCCCL), enhancing its capabilities across the infrastructure and real estate lifecycle. This integrated model enables Nisus to originate, finance, and participate in execution opportunities, improving revenue visibility and strengthening its long-term growth outlook.
Earnings before Interest, Tax, Debt and Amortisation (EBITDA) stood at Dh34.11 million(IN₹842.3million), translating into a robust EBITDA margin of 74.12 percent, underscoring the company’s strong operating efficiency and scalable investment platform. Profit After Tax (PAT) for the quarter reached Dh8.18 million (IN₹201.9 million), with a PAT margin of 52.98 percent, among the highest in the industry.
The strong performance reflects Nisus Finance’s disciplined capital allocation, successful investment exits, and increasing contribution from its diversified investment platforms across India and international markets, including Dubai and GIFT City.
With the consolidation of New Consolidated Construction Company Limited (NCCCL) from the date of acquisition on 22 August 2025 through 31 December 2025, the combined platform recorded total income of Dh150.31 million (IN₹3.71 billion) in 9M FY26, including Dh92.78 million (IN₹2.29 billion) in Q3 FY26.
The EBITDA margin is 29.53 percent and PAT margin of 15.9 percent for 9M FY26.
Building on strong momentum, Nisus had guided for a total revenue of Dh48.62 million – Dh56.72 million (IN₹1.2–1.4billion) in FY26. With 9M FY26 revenue already at Dh46.19 million (IN₹1.14 billion)(excluding NCCCL), the company is well on track and expects to surpass the upper end of this guidance for the full year. On a consolidated basis, NCCCL’s revenue in FY26 in expected to be approximately Dh226.88 million (IN₹5.60+ billion).
The Management has further appraised on the opportunities across India, UAE and NCCCL. In India, Real Estate Special Opportunities Fund (RESO I Fund) has successfully exited its investment in Skytech Estate, while in Dubai it has made a new investment of Dh93.18 million (IN₹2.3 billion) in Nisus High Yield Growth Fund.
Meanwhile, NCCCL has added two key orders, reinforcing its strong execution capabilities and growing project pipeline. Other strategic highlights include showcasing growth across the three engines i.e. Fund Management, Transaction Advisory and Strategic Investment.
Dr. Amit Anil Goenka, Chairman and Managing Director, Nisus Finance, said, “Our strong Q3 FY26 performance reflects the scalability of our investment platform and our ability to consistently generate high-quality earnings while maintaining industry-leading margins. This growth has been supported by successful investment exits, steady expansion across India and international markets, and continued momentum in our fund and asset management business.
“We remain focused on prudent capital allocation, strengthening our global investment footprint, and expanding our integrated platform across asset management, structured finance, and infrastructure investments. With a robust pipeline and strong capital efficiency, we are well positioned to sustain this growth trajectory and deliver long-term value to our stakeholders.”
The company continues to benefit from structural tailwinds in private credit, real estate, and urban infrastructure financing, supported by its differentiated integrated platform spanning fund management, transaction advisory, and infrastructure execution. Nisus’s global presence across India, GIFT City, and Dubai provides access to diversified high-growth opportunities and enhances its ability to generate superior risk-adjusted returns.
With strong quarterly profitability, expanding platform scale, and a diversified global investment strategy, Nisus Finance remains well positioned to sustain its growth momentum and create long-term value for its investors and stakeholders.
Dubai, February 19, 2026 : Danube Properties has officially commenced construction of the Rizwan Askerali Sajan Masjid in Dubai Silicon Oasis, marking a significant milestone in its ongoing commitment to spiritual development and community-building initiatives across the UAE.
The new Masjid represents the fifth mosque to be developed under Danube Group’s AED 50 million pledge to construct Masjids across the country — a commitment previously announced in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.
A Landmark for Faith and Community
Set within one of Dubai’s fastest-growing districts, the Rizwan Askerali Sajan Masjid will stand as a symbol of faith, unity, and responsible corporate citizenship. The mosque will be developed on a 121,000-square-foot plot, with a built-up area of 19,000 square feet, and is designed to accommodate up to 1,000 worshippers — 800 men and 200 women.
The project has been thoughtfully planned to meet the needs of the surrounding community and will include parking facilities exceeding maximum capacity requirements, ensuring ease of access and convenience for worshippers and visitors. Completion is scheduled for later this year.
Groundbreaking Ceremony Attended by Senior Officials
The groundbreaking ceremony was held in the presence of Rizwan Sajan, Founder and Chairman of Danube Group, and Badr Buhannad, Director General of Dubai Silicon Oasis, alongside distinguished dignitaries and senior officials.
Commenting on the occasion, Badr Buhannad stated: “It is an honour to witness the groundbreaking ceremony of this beautiful Masjid developed by Rizwan Sajan. Developments such as this reflect a strong commitment towards community wellbeing and sustainable urban growth, reinforcing the importance of integrating social infrastructure within evolving master communities. I commend Danube Properties for their continued contribution to strengthening Dubai’s integrated and inclusive community ecosystem.”
Rizwan Sajan added: “This Masjid represents our gratitude to the UAE and our commitment to creating spaces that inspire faith, harmony, and togetherness. It is not just a place of prayer, but a foundation for community connection and spiritual growth. I extend my sincere appreciation to the management of Dubai Silicon Oasis for granting us the land for this noble initiative. Their invaluable support and collaboration have made it possible to bring this meaningful vision to life.”
Strengthening a Legacy of Community Investment
With this latest development, Danube Properties continues to expand its legacy of Masjid construction across the UAE. To date, the Group has successfully delivered four mosques, each serving as a vital spiritual and social landmark within its respective community.
Beyond its portfolio of 41 successful real estate projects, Danube Group remains committed to impactful corporate social responsibility initiatives that contribute to the nation’s social development and overall wellbeing.
Upon completion, the Rizwan Askerali Sajan Masjid is expected to become a central place of worship within Dubai Silicon Oasis, serving residents, professionals, and visitors while reinforcing the values of unity, generosity, and faith that define the UAE.
Ajman , February 20 , 2026 : Ajman Police Club has announced a comprehensive 30-day Ramadan community and cultural programme set to take place in Ajman, bringing together families, entrepreneurs, innovators and cultural enthusiasts under one unified platform throughout the Holy Month.
The large-scale initiative is being organised by Good Earth Events in association with Wealth i Group of Companies, with the objective of promoting social unity, preserving cultural heritage, encouraging education and supporting innovation.
Grand Opening and Official Inauguration
The programme will commence with pre-event promotional activities, culminating in a grand Opening Day Iftar designed to foster an atmosphere of togetherness and community bonding.
The event will be officially inaugurated by His Highness Amir, marking a key highlight of the month-long programme. The inauguration ceremony will feature VIP participation, extensive media coverage, recognition of outstanding entrepreneurs, and traditional Arabic cultural performances that reflect the rich heritage of the UAE.
Diverse Daily Activities for All Ages
Over the course of 30 days, Ajman Police Club will host a wide array of daily activities catering to all age groups. The programme includes children’s cultural performances, dedicated traditional cultural zones, live cooking experiences, and interactive educational demonstrations in agriculture, animal husbandry and robotics.
Innovative product kiosks and exhibitions will also be showcased, providing entrepreneurs and businesses with an opportunity to present their offerings to a broad audience. In addition, a daily Iftar initiative will serve and engage members of the wider community, reinforcing the spirit of generosity and social cohesion that defines Ramadan.
Promoting Community Engagement and Cultural Preservation
The Ramadan initiative underscores Ajman Police Club’s ongoing commitment to community engagement, cultural preservation and social development. By combining cultural showcases, educational programming and entrepreneurial platforms, the event aims to create a dynamic environment that encourages learning, innovation and family-oriented entertainment.
With anticipated participation from UAE nationals, residents, entrepreneurs and visitors, the 30-day programme is expected to draw significant public interest and media attention throughout the Holy Month.
As Ramadan approaches, the initiative stands as a celebration of culture, knowledge, innovation and unity — reinforcing the enduring values of giving, togetherness and shared heritage across the UAE.
Dubai , February 20 , 2026 : Roads and Transport Authority (RTA) has launched a wide-ranging programme of community initiatives to mark the Holy Month of Ramadan under the theme “Family is Where We Belong.” The initiative aims to strengthen social solidarity, foster generosity, and bring happiness to diverse segments of society across the emirate.
The Ramadan programme targets underprivileged families and orphans, as well as frontline workers including metro users, bus drivers, delivery riders, taxi drivers and labourers. The humanitarian initiatives will be implemented throughout Dubai during the Holy Month.
Strategic Partnerships Strengthen Community Impact
RTA is delivering its Ramadan agenda in collaboration with a number of government and private sector partners, including Keolis MHI, DAMAC Properties, Noon, Beit Al Khair Society, Al Ahliah Charity Schools and Dar Al Hay Gents Tailoring.
The partnerships reflect an integrated approach to reinforcing community cooperation and amplifying the reach of charitable initiatives across the emirate.
RTA is also actively engaging employees and volunteers in delivering the initiatives, underscoring its commitment to promoting volunteerism, embedding social responsibility, and advancing humanitarian values that characterise the UAE community.
Ramadan Initiatives
8,000 Meals Distributed Across Dubai
Among the flagship programmes is the continued implementation of the “Meals on Wheels” initiative. A total of 8,000 meals will be prepared and distributed during Ramadan at RTA’s headquarters and at Quranic Park. RTA employees and community volunteers will participate in preparing and distributing meals to workers, reinforcing the spirit of compassion and unity.
In addition, RTA will organise the “Iftar Meal Distribution at Metro Stations” initiative in collaboration with Keolis MHI, DAMAC Properties and Noon. Iftar meals accompanied by awareness messages will be distributed to heavy vehicle drivers, bus and taxi drivers, and workers across various locations.
500 nol Cards for Eligible Families
Coinciding with Zayed Humanitarian Day, RTA is rolling out the “Ramadan Rations” initiative, which includes the distribution of 500 nol cards to underprivileged families.
A portion of the cards will be delivered directly to beneficiaries at their homes by RTA teams, while the remainder will be distributed through a cooperative society in coordination with Beit Al Khair Society. The initiative aims to provide both financial assistance and moral support to eligible families during the Holy Month.
Citywide Ramadan Celebrations
As part of broader Ramadan celebrations across Dubai, RTA will support initiatives linked to the “Season of Wulfa” by displaying the “Ramadan in Dubai” logo on Variable Message Signs (VMS) across the emirate.
The programme will also feature a decorated abra parade, enhancing the festive ambience and spreading joy in multiple locations throughout Dubai.
“Thank You, RTA Heroes” Campaign
RTA is launching the “Thank You, RTA Heroes” campaign across its official social media platforms, inviting members of the public to share messages of appreciation for frontline employees and customer service teams, including bus drivers, delivery riders, metro staff and marine transport personnel.
Selected submissions will be recognised, with winners receiving nol cards and shopping vouchers as tokens of appreciation.
“Eid Joy” Initiative
Continuing its community engagement beyond Ramadan, RTA will implement the “Eid Joy” initiative in collaboration with Dar Al Hay Gents Tailoring and Al Ahliah Charity Schools. The programme will provide Eid Al Fitr essentials and Eidiya (cash gifts) to students, ensuring they experience the happiness and excitement of Eid preparations.
Through this comprehensive programme, RTA reaffirms its enduring community role and commitment to reinforcing the values of solidarity, compassion and giving. The initiatives align with its broader strategy to enhance community happiness and improve quality of life across Dubai.
