NEWS DESK

Red Hat and Panasonic Connect Collaborate to Enhance Durability and Security Capabilities at the Edge

News Desk 21/05/2026

Red Hat, the world’s leading provider of open source solutions, and Panasonic Connect announced a global collaboration to redefine the capabilities of ruggedized edge computing. By preloading Red Hat Device Edge on Panasonic TOUGHBOOK devices, Panasonic Connect delivers a unified platform

NEWS DESK

AWR Automotive Launches Summer AC and Engine Cooling Campaign to Keep UAE Drivers Road-Ready This Season

News Desk 21/05/2026

AWR Automotive, the flagship automotive company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI, and Renault in Dubai, Sharjah, and the Northern Emirates has launched its annual Summer AC and Cooling Campaign, a seasonal aftersales initiative designed to help customers stay road-ready and maintain peak vehicle performance during the UAE’s peak […]

NEWS DESK

HOLM Developments Appoints Emirates Pearl Construction for HOLM One

News Desk 21/05/2026

HOLM Developments has appointed Emirates Pearl Construction as the main contractor for HOLM One, the company’s debut residential project in Jumeirah Garden City, Dubai. Construction is progressing in line with schedule, with handover planned for Q1 2028. The appointment marks a key stage in the project’s development as construction activity continues across the site. HOLM

NEWS DESK

Saint-Gobain strengthens regional footprint with new manufacturing facility in Ras Al Khaimah

News Desk 21/05/2026

Global leader in light and sustainable construction, Saint-Gobain inaugurated its new construction chemicals manufacturing unit in Ras Al Khaimah, reinforcing its long-term commitment to the UAE market and expanding its regional product range offer along with production capabilities. The facility inauguration ceremony was attended by Saint-Gobain senior leadership,

NEWS DESK

Nvidia earnings: Artificial Intelligence gets its report card – Saxo Bank

News Desk 21/05/2026

Nvidia did not just report earnings on 20 May 2026. It handed investors another progress report on the artificial intelligence buildout.   The numbers were strong. Nvidia reported first-quarter revenue of 81.6 billion USD, up 85% from a year earlier. Data centre revenue, the core of the artificial intelligence story, reached 75.2 billion USD, up […]

NEWS DESK

Addleshaw Goddard advises BlueFive Capital on acquisition of 49% stake in Massar Solutions

News Desk 21/05/2026

International law firm, Addleshaw Goddard, has advised BlueFive Capital group on its acquisition of a 49% stake in Massar Solutions from Abu Dhabi National Energy Company (TAQA Group). Solutions+, a UAE diversified holding and business process outsourcing and consulting company which is part of the Mubadala group, retains the remaining 51% ownership stake. The deal […]

NEWS DESK

Crate&Barrel and CB2 Bring a New Side-By-Side Retail Experience to Dubai Hills Mall with a One-Day-Exclusive Participation from Local Brands

News Desk 21/05/2026

Crate&Barrel and CB2 officially opened a new retail destination at Dubai Hills Mall on May 19, bringing both brands together in a full-scale, side-by-side store within a single, immersive space. Designed to go beyond a traditional store launch, the concept offers a retail experience where customers can explore both brands under one roof, while each […]

NEWS DESK

IT’S GAME TIME, LET’S GO! SCORE BIG WITH LG’S TV AND SOUNDBAR SYSTEMS AND BRING THE STADIUM HOME 

News Desk 21/05/2026

For Middle East sports enthusiasts who crave the roaring intensity of a stadium, or the electric atmosphere of a packed arena from the comfort of their living room, look no further than an LG Electronics (LG) TV and soundbar combo, which is setting a new standard for spectators.     While built-in TV speakers offer […]

NEWS DESK

ECI highlights strategic role in supporting UAE exporters amid global trade volatility

News Desk 21/05/2026

H.E. Raja Al Mazrouei, Chief Executive Officer of Etihad Credit Insurance (ECI), underscored the critical role of export credit agencies in safeguarding trade continuity and strengthening the UAE’s non-oil economy amid rising geopolitical uncertainty and evolving global trade dynamics during Economy Middle East Summit 2026, where ECI participated as a sponsor.   Her

NEWS DESK

France and the UAE Deepen Strategic Economic Partnership Ahead of Vision Golfe 2026

News Desk 21/05/2026

France and the United Arab Emirates are further strengthening a long-standing strategic partnership built on trust, investment, innovation and a shared ambition for long-term transformation and sustainable growth. This momentum is being reinforced through the high-level visit of Louis Margueritte, CEO of Business France, to the UAE, aimed at deepening bilateral

NEWS DESK

Globalpharma Signs 7 Strategic MoUs Advancing R&D, Manufacturing and Sustainability

News Desk 21/05/2026

Globalpharma, a wholly owned subsidiary of Dubai Investments and one of the UAE’s leading pharmaceutical manufacturers, has signed seven strategic Memorandums of Understanding (MoUs) with leading partners to strengthen its capabilities across research and development, manufacturing optimisation, financing and sustainable operations. The collaborations are structured across

NEWS DESK

Dubai Chambers signs MoU with Keeta to accelerate growth of SMEs in Dubai

News Desk 21/05/2026

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Keeta, the on-demand delivery platform backed by global technology leader Meituan, to accelerate the growth and market accessibility of small and medium-sized enterprises (SMEs) across Dubai. The agreement aligns with the emirate’s vision to consolidate its position as a leading global hub for

NEWS DESK

Core42 Raises USD 550 million from HSBC to Scale Global AI Infrastructure

News Desk 21/05/2026

Core42, a G42 company specializing in sovereign cloud and AI infrastructure, today announced the successful arrangement of two structured trade finance facilities (“the facilities”) amounting to USD550 million with HSBC to accelerate its AI cloud and compute deployments across the United States and Europe. The facilities of USD240 million and USD310 million were  completed

NEWS DESK

Oil Markets: Diplomatic Hope vs. Geopolitical Reality as Supply Risks Intensify

News Desk 21/05/2026

Oil markets remain locked in a battle between hopes for diplomacy and mounting geopolitical risks, with supply concerns continuing to dominate price action and sentiment. According to Nagham Hassan, Market Analyst at eToro, the market has moved beyond pricing in a temporary geopolitical premium and is now reacting to what increasingly resembles a structural supply […]

NEWS DESK

7X Expands ‘ADEED’ To Strengthen UAE’s Supply Chain Continuity

News Desk 21/05/2026

7X, the leading group in trade, transport, and logistics, has expanded its support scope enabled by ADEED, the UAE Supply Chain Support Platform, to include a broader ecosystem of partners and service providers across the UAE, following the platform’s successful launch in Abu Dhabi. This step marks a unified effort towards strengthening supply chain continuity, […]

NEWS DESK

Eid Afternoons Done Right at Vida Creek Beach

News Desk 21/05/2026

Trade your usual Eid plans for something a little more golden hour coded. Eid at Origins at Vida Creek Beach brings the creek side vibes into focus with a brunch that feels like the natural place to be for the long weekend. Water views, a full buffet spread, and that unmistakable Vida pace where everything […]

NEWS DESK

A Season of Reinvention with Canéza

News Desk 21/05/2026

Why does summer always feel like the season for becoming someone new? Maybe it’s the sun, the late nights, or the fragrances that stay on your skin long after a perfect sunset. This season, Canéza captures that feeling with Elara, a soft luminous scent made for endless days, and Mezmar Men, a warmer addictive fragrance that feels like sunset […]

NEWS DESK

GME hits record daily trading volume since inception, with 21.78 million barrels traded in a single day

News Desk 21/05/2026

Gulf Mercantile Exchange (GME) announced today that it reached its highest single-day trading volume since its inception. More than 21,783 contracts were traded on 20 May 2026, equivalent to 21.78 million barrels of Oman crude oil.   This milestone shows that more market participants are trusting GME Oman futures as a key benchmark and price […]

NEWS DESK

65% of Analysts Say AI Works Best When the Logic is Managed at the Business Level, Alteryx Research Finds

News Desk 21/05/2026

Alteryx, Inc., an AI-ready data and analytics company, today released its “2026 State of Data Analysts in the Age of AI” report, revealing that while AI is becoming central to business decision-making, human oversight remains critical to ensuring AI-generated outcomes are trusted and actionable. The research found that analysts spend nearly four hours per week […]

NEWS DESK

Dubai continues business events momentum at IMEX Frankfurt 2026, receiving top global rankings

News Desk 21/05/2026

Dubai Business Events (DBE), the city’s official convention bureau and part of the Dubai Department of Economy and Tourism (DET), led Dubai’s participation at IMEX Frankfurt, taking place from 19 to 21 May. The delegation included 20 co-exhibiting stakeholders and partners from across the city’s business events ecosystem, including destination management companies, hotels