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Saadiyat Cultural District in Abu Dhabi set for completion in 2025

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The Saadiyat Cultural District is on track for completion by the end of 2025, the Department of Culture and Tourism Abu Dhabi has announced.

Saadiyat Cultural District is a global platform, emanating from a rich cultural heritage, celebrating traditions, and advancing equitable culture. It is an embodiment of empowerment, showcasing museums, collections, and narratives that celebrate the region’s heritage while promoting a diverse global cultural landscape.

Once completed, the diversity of Saadiyat Cultural District’s institutions will make the district one of the most unique cultural platforms. It is already the home of Louvre Abu Dhabi – the first universal museum in the Arab world – showcasing artworks from different cultures side by side and telling a story of human connections. Since opening in 2017, Louvre Abu Dhabi has welcomed 5 million visitors and is recognised for its breathtaking architecture and its innovative narrative. Nearby, Berklee Abu Dhabi offers music, performing arts and educational programmes throughout the year.

Additionally, Manarat Al Saadiyat serves as a centre for creative artistic expression and is home to two significant initiatives in Abu Dhabi’s cultural calendar: Abu Dhabi Art and Culture Summit Abu Dhabi.

The current construction progress of the soon-to-open institutions in Saadiyat Cultural District stands at 76 percent. Zayed National Museum, the national museum of the United Arab Emirates, will celebrate the nation’s rich history and culture, as well as honour the legacy of the country’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan. Additionally, teamLab Phenomena Abu Dhabi invites visitors to an ever-changing exploration that will transcend the limits of their imagination.

It will be joined by the Natural History Museum Abu Dhabi, which will include a research and teaching institution that will take visitors on a 13.8 billion-year journey through the story of our universe and our planet. Guggenheim Abu Dhabi will be a museum celebrating art from the 1960s to the present and the most important artistic achievements of our time.

Saadiyat Cultural District pays homage to the legacy of the late Sheikh Zayed, who defined the cultural agenda and unveiled the history of the UAE to the world through archaeological excavations and findings. This legacy began with the establishment of Al Ain Museum, the first museum in the UAE, which opened in 1971. This was followed by the inauguration of the Cultural Foundation in 1981. Sheikh Zayed’s legacy continued to evolve under the guidance of the late Sheikh Khalifa Bin Zayed Al Nahyan. Today, President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, continue to build on that legacy.

Mohamed Al Mubarak, Chairman of DCT Abu Dhabi, said, “Culture transcends mere connections; it shapes our very evolution and broadens our perspectives. Here in Abu Dhabi, we embrace this influence, fostering a deep appreciation that resonates throughout our community. Saadiyat Cultural District embodies ‘cultural hope’. The District will convey a message of cultural diversity that will become more powerful over time, creating global connections, inspiring cultural exchange, and fostering new ways of thinking to support the region, the global South and the world. Saadiyat Cultural District is somewhere people can come to learn from the past, understand our present and focus on our future.”

Saadiyat Cultural District is a testament to Abu Dhabi’s commitment to preserving heritage while embracing a forward-looking vision. The District invites the world to engage with diverse cultures, fostering dialogue and exchange, and offers a global cultural space that empowers the region and the global south.

DCT Abu Dhabi has also launched a compelling campaign titled ‘Be Moved in a Thousand Ways’, introduced by philanthropist, talk show host and author Oprah Winfrey and broadcaster Mona El Shazli. The campaign film delivers an inspirational message on the transformative power of culture to unite, inspire, and open minds. Contributors to the campaign include Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi; Zaki Nusseibeh, Cultural Adviser to the UAE President and Chancellor of the United Arab Emirates University (UAEU); Noura bint Mohammed Al Kaabi, Minister of State; Norman Foster, Pritzker Architecture Prize-winner and architect of the Zayed National Museum; Mariët Westermann, Director and CEO of the Solomon R. Guggenheim Museum and Foundation, celebrated artists Mohammed Ibrahim, Najat Makki, Afra Al Dhaheri from the UAE; multi-award winning Actor, Musician and Entrepreneur Idris Elba OBE; legendary pianist Lang Lang and many more.

Announcements

What Abu Dhabi’s new real estate rules mean for buyers, developers and investors

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Abu Dhabi has introduced a new set of regulations through the Department of Municipalities and Transport (DMT) to strengthen oversight of the property market and protect investor interests. Here’s a simple breakdown of what’s changing and why it matters.

What are these new decisions about?

The rules are part of updates to the emirate’s real estate law and aim to:

  • Improve transparency
  • Protect buyers’ money
  • Reduce disputes
  • Create a more investor-friendly market

They are being implemented with oversight from the Abu Dhabi Real Estate Centre.

Stricter rules for escrow accounts

Developers often use escrow accounts to fund construction.

What’s new?

  • Withdrawals before 20% project completion are now tightly regulated
  • Developers must provide bank guarantees and approved cost plans

Why it matters:
This ensures buyers’ money is not misused and projects stay financially secure.

Clearer rules for jointly owned properties

This applies to buildings, communities, and shared facilities.

What’s new?

  • Defined roles for owners, developers, and property managers
  • Standardised management of common areas

Why it matters:
Better maintenance, fewer disputes, and clearer accountability.

Owners’ committees get a unified framework

Owners’ committees help manage residential communities.

What’s new?

  • Standard bylaws across Abu Dhabi
  • Clear rules on how committees are formed and operate

Why it matters:
More organised community management and stronger owner participation.

Compensation and refunds made clearer

Covers situations where:

  • Buyers default on payments
  • Projects are cancelled and units resold

What’s new?

  • Defined compensation percentages for developers
  • Clear timelines and procedures for buyer refunds

Why it matters:
Creates a fair balance between developers and buyers while speeding up dispute resolution.

These changes aim to:

  • Boost investor confidence
  • Strengthen market transparency
  • Align Abu Dhabi with global real estate standards

In short, the new framework is designed to make the property market safer, clearer, and more efficient for everyone involved, from first-time buyers to large-scale investors.

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How UAE’s new banking plan will support businesses and individuals

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The Central Bank of the UAE has rolled out a new financial support package designed to keep banks strong and ensure they continue supporting and safeguarding the broader economy amid global and regional uncertainty.

The package was endorsed during a high-level board meeting chaired by Sheikh Mansour bin Zayed Al Nahyan, underscoring the UAE leadership’s proactive approach to maintaining economic stability.

Built around five key pillars, the initiative is designed to provide banks with greater liquidity, enhanced flexibility, and temporary regulatory relief, ensuring they can continue to support businesses and individuals during uncertain times.

Under the new measures, banks will gain expanded access to liquidity, including the ability to utilise reserve balances and secure term funding in both dirhams and US dollars. This step is expected to keep credit flowing across key sectors of the economy.

The Central Bank has also introduced temporary easing of liquidity and funding requirements, giving financial institutions more room to continue lending. Capital buffer requirements will be relaxed as well, allowing banks to deploy excess capital to support economic activity.

Additionally, new provisions will offer greater flexibility in managing credit risk, including delaying the classification of certain loans affected by current market conditions—providing relief to borrowers facing temporary challenges.

Authorities emphasised that banks are expected to maintain lending and continue supporting customers as part of the UAE’s broader economic response strategy.

Despite global pressures, the UAE’s financial system has shown strong resilience. During its meeting, the Board confirmed that current market conditions have had no significant impact on the health of the banking sector or the efficiency of payment systems.

The Central Bank also highlighted the country’s robust financial position, with foreign exchange reserves exceeding AED 1 trillion and a strong monetary base. The UAE’s banking sector, valued at over AED 5.4 trillion, continues to demonstrate solid fundamentals.

With liquidity levels remaining high and reserves strong, the CBUAE reaffirmed its readiness to take further action if needed to protect financial stability and sustain economic growth.

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UAE announces early spring break for all educational institutions

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The Ministry of Education, along with the Ministry of Higher Education and Scientific Research, on Wednesday, March 4, announced that the commencement of spring break for all academic institutions has been pushed forward to March 9, with the last working day to be March 6. Normal classes are scheduled to resume from March 30. 

The academic calendar placed the spring break dates originally from March 16 and ending on March 29 which has now moved from March 9 to March 22. The change comes in light of the ongoing regional conflict, with the safety of students and staff at schools and universities as the highest priority. 

Classes had transitioned to online learning at the beginning of this week as a precautionary measure for all students and staff, which was further extended up to the end of this week. Exams for students have also been shifted to a remote format, allowing them to complete their assessments safely from home. 

Students, parents, and staff are advised to stay updated via official channels only, as the measures aim to protect the safety of all in the education sector.

(By Shura Kola)

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