Abu Dhabi’s real estate sector is making waves again with the launch of Fahid Island, a Dh40 billion masterplanned community by Aldar that’s being hailed as the capital’s first coastal wellness island.

Unveiled on Monday, the ambitious 2.7 million square metre destination is set to redefine waterfront living, offering over 6,000 upscale homes, 4.6km of pristine beaches, a 10km wellness corridor, and a vibrant waterfront promenade.

Strategically located between Yas and Saadiyat islands, Fahid Island promises residents easy access to Abu Dhabi’s top leisure, cultural and transport hubs, including Zayed International Airport, all within a 15-minute drive.

“Fahid Island is the latest chapter in our journey to create world-class communities that reflect the values and ambitions of the UAE,” said Mohamed Al Mubarak, Chairman of Aldar.

A Global First in Wellness Living

The island has already made history by becoming the first in the world to receive Fitwel certification, a globally recognised standard for healthy buildings.

Over 30 per cent of the island will be dedicated to nature, with mangrove forests, shaded trails, and lush green spaces woven into its layout. The centrepiece will be the 10km Berm Park, a landscaped wellness corridor featuring three cycling routes that connect to Abu Dhabi’s wider cycle loop.

Signature Residences and Thoughtful Design

Residential offerings will feature designs by some of the world’s leading architects, including Japan’s Kengo Kuma and Koichi Takada, UK-based ACME, and UAE’s NAGA Architects.

The first phase of homes, the Fahid Beach Residences, will consist of seven mid-rise buildings with 65 apartments each. The masterplan also includes townhouses and ultra-luxury beachfront villas, offering a diverse mix for buyers and investors.

Lifestyle Meets Community

At the heart of the island will be a 2km waterfront promenade lined with retail and dining outlets, public art installations, and gathering spaces. Coral Drive, the project’s retail boulevard, will bring boutique shopping, cafes, concept outlets, and even a ballet school to the community.

In support of Abu Dhabi’s goal to become a hub for educational excellence, Aldar has partnered with a leading international provider to open a school on the island.

As Aldar continues to shape the future of waterfront living in the UAE, Fahid Island is poised to become a lifestyle destination.

Aayushman Dalmia, founder of Dubai-based startup Zoftware, has won the Innovation Excellence Award at the Digital Enablement of SMEs Challenge. The event, hosted by the Ministry of Artificial Intelligence of UAE and Ignyte, positions Dalmia for further growth as he continues his mission to simplify software discovery for small and medium businesses across the region.

Dalmia’s platform, Zoftware, has been steadily gaining traction in the MENA startup ecosystem for offering a streamlined approach to finding, comparing and selecting enterprise software solutions – a process that remains a hurdle for many growing businesses.

“This award is a testament to the need for simplifying tech access for SMEs,” said Dalmia, who has been named among Forbes Middle East’s 30 Under 30 entrepreneurs in the past. “Our goal has always been to bridge the digital divide by helping businesses make faster, more informed software decisions.”

The challenge is part of a wider push to accelerate SME digitisation across the region — an agenda that aligns closely with both government and private-sector priorities in the UAE.

Aimed at recognising impactful solutions that accelerate SME digital transformation, the challenge, held recently in Dubai, drew hundreds of high-potential founders from across the MENA region. Dalmia impressed the jury with his platform’s clear value proposition and scalable vision—matching SMEs with the right digital tools through a curated marketplace backed by intelligent filters, user reviews, and guided discovery.

“This award validates everything we’ve been building at Zoftware for the past couple of years or so,” said Dalmia, speaking after the ceremony. “Technology shouldn’t be a hurdle—it should be a launchpad. We’re making it easier for SMEs to make smart digital decisions without needing an IT degree.”

With this latest recognition, Zoftware joins a growing list of Dubai-born startups gaining international visibility, reinforcing the city’s position as a launchpad for regional innovation.

A Track Record of Disruptive Innovation- 

Zoftware has been making headlines since its launch for its ambitious aim: to become the region’s go-to platform for B2B software discovery. In 2024, the company was recognised by TechRadar MENA as one of the “Top 10 Startups to Watch” in the SaaS enablement space.

Under Dalmia’s leadership, Zoftware has grown rapidly, onboarding hundreds of software vendors and serving SMEs in sectors ranging from logistics and retail to health and education.

Beyond the Prize: A Strategic Boost- 

“We’re at a tipping point now,” Dalmia added. “This support will help us go deeper in key markets and integrate more AI-driven features to guide SME software choices. Our roadmap includes multi-language access, fintech tools, and region-specific integrations.”

Digital Enablement: A Regional Imperative-

As the UAE and wider Gulf continue to prioritise SME growth as a cornerstone of economic diversification, platforms like Zoftware are stepping in to close the tech literacy and access gap. According to a recent report by the World Bank, nearly 75% of SMEs in the MENA region still lack structured digital infrastructure – a gap Zoftware aims to close.

“We’re not selling software – we’re selling clarity, confidence, and capacity,” Dalmia said.

“If we get this right, we unlock not just productivity, but resilience and long-term competitiveness for thousands of businesses.”

With the Innovation Excellence Award now under its belt, Zoftware is poised to scale further and cement its role as a key enabler of SME digital transformation in the region.

The UAE fuel price committee on Saturday announced petrol and diesel prices for the month of June 2025.The Fuel Prices Monitoring Committee has kept the prices unchanged from the month of May.

Super 98 petrol will cost Dh2.58 a litre, compared to Dh2.58 a litre in May, while Special 95 will cost Dh2.47 a litre, compared to Dh2.47 a litre the previous month.

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E-Plus category petrol will be available for Dh2.39 a litre, compared to Dh2.39 a litre in May, while diesel will now cost Dh2.45 a litre, compared to Dh2.52 a litre the previous month.

The UAE deregulated fuel prices in 2015, aligning them with market fluctuations.

Fuel prices in the UAE are tied to movements in the global oil market, which has experienced significant volatility since the beginning of the year.