Banking UAE

Dubai Islamic Bank posts AED3.74bn first-half net profit as revenue climbs 10%

News Editor 15/07/2026

Photo Credit : WAM Dubai Islamic Bank (DIB) reported a net profit after tax of AED3.736 billion for the first half of 2026, broadly unchanged from AED3.73 billion recorded during the same period last year, while pre-tax profit increased 1% year-on-year to AED4.334 billion. The UAE’s

Education Tech

Alef Education unveils AI-powered classroom tools to support teachers

News Editor 14/07/2026

Photo Credit : WAM Alef Education has introduced a new suite of AI-powered classroom tools aimed at helping teachers deliver more personalised, interactive, and data-driven learning experiences while strengthening its teacher-focused education technology platform. The UAE-based edtech company said the latest enhancements are designed to give educators real-time visibility

Energy

One seafarer killed after ADNOC L&S oil tankers hit in Strait of Hormuz attack

News Editor 14/07/2026

Photo Credit : AFP One seafarer has died and several others were injured after two crude oil tankers operated by ADNOC Logistics and Services (ADNOC L&S) were struck by projectiles while transiting the Strait of Hormuz in the early hours of Tuesday. The company confirmed that its Al Bahyah and Mombasa B vessels sustained significant […]

Economy

Ajman real estate transactions hit AED10.8bn in first half of 2026

News Editor 14/07/2026

Photo Credit : WAM Ajman’s real estate sector continued its strong growth trajectory during the first half of 2026, recording 6,815 property transactions worth more than AED10.8 billion, according to the latest figures released by the Ajman Land and Real Estate Regulation Department through the Ajman Real Estate Index. Engineer Omar bin Omair Al Muhairi, […]

Economy UAE

Dubai SME integrates Hi2 into Dubai Founders HQ to boost Emirati startups

News Editor 13/07/2026

Photo Credit : WAM The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), operating under the Dubai Department of Economy and Tourism (DET), has integrated the Hamdan Innovation Incubator (Hi2) into Dubai Founders HQ, creating a stronger support platform for Emirati entrepreneurs and startups. The move brings Hi2, which has

Economy

Dubai Silicon Oasis to Host Doers Summit Dubai 2026 This November

News Editor 13/07/2026

Photo Credit : WAM Dubai Silicon Oasis (DSO) is set to host the second Middle East edition of Doers Summit Dubai 2026 from 24 to 26 November at Dubai Digital Park, bringing together global entrepreneurs, investors, technology companies and innovation leaders under one roof. Held under the patronage of H.H. Sheikh Ahmed bin Saeed Al […]

Health Qatar

Qatar medical laboratories perform 20 million tests annually as digital healthcare transformation accelerates

News Editor 13/07/2026

Photo Credit : Qatar is rapidly advancing its digital healthcare strategy, with medical laboratories across the country now performing more than 20 million diagnostic tests every year, including around 153,000 genetic tests, as the nation strengthens precision medicine and smart laboratory services. According to Dr. Einas Al Kuwari, Chair of Laboratory Medicine and

Economy

DEWA earns two global governance awards from Cambridge IFA

News Editor 10/07/2026

Photo Credit : WAM Dubai Electricity and Water Authority (DEWA) has strengthened its global reputation for corporate governance and sustainability after receiving two prestigious international honours from Cambridge IFA in the United Kingdom. The utility was recognised with the Best Corporate Governance Framework Award 2026 and the Excellence in ESG and Sustainability

Energy

ADNOC L&S Orders Four New LNG Carriers in $900 Million Fleet Expansion

News Editor 10/07/2026

Photo Credit : WAM ADNOC Logistics and Services (ADNOC L&S) has announced a major expansion of its liquefied natural gas (LNG) fleet with an order for four next-generation LNG carriers valued at approximately US$900 million (AED3.3 billion), reinforcing its strategy to meet growing global demand for cleaner energy. The new vessels, each with a cargo […]

Economy

EGA resumes alumina production at Al Taweelah refinery in Abu Dhabi

News Editor 10/07/2026

Photo Credit : WAM Emirates Global Aluminium (EGA) has restarted alumina production at its Al Taweelah alumina refinery, marking another major step in restoring operations at one of the UAE’s key industrial facilities following disruptions earlier this year. The company said alumina production is expected to increase to around 50 percent of the refinery’s

UAE Weather

UAE Temperatures Climb to 47°C as Humidity Increases Fog Risk Early Next Week

News Editor 09/07/2026

The UAE is set to experience hot summer conditions with temperatures reaching as high as 47°C inland, while rising humidity is expected to increase the likelihood of fog and mist across some coastal and inland areas during the early hours of next week. According to the National Center of Meteorology (NCM), Thursday’s weather will be […]

Education UAE

Khalifa University, Wajeb Volunteering Association sign MoU to boost student volunteering

News Editor 09/07/2026

Photo Credit : WAM Khalifa University of Science and Technology has signed a Memorandum of Understanding (MoU) with Wajeb Volunteering Association to increase student participation in volunteer programmes and community initiatives, reinforcing a culture of social responsibility and supporting the UAE’s sustainable development goals. The agreement was signed by Sheikh

Tech UAE

Ajman Municipality launches AI Makers Journey to accelerate innovation and digital transformation

News Editor 09/07/2026

Photo Credit : WAM The Ajman Municipality and Planning Department has launched the AI Makers Journey initiative through its Ajman X Centre, marking a new step in strengthening artificial intelligence adoption and fostering innovation across government operations. The programme is designed to equip national talent with practical AI skills while encouraging the development

Arts & Culture

Abu Dhabi Opens Applications for Season 12 of Prince of Poets

News Editor 08/07/2026

Photo Credit : WAM The Abu Dhabi Heritage Authority has officially opened applications for Season 12 of the acclaimed Prince of Poets competition, inviting aspiring classical Arabic poets from across the Arab world to compete for the prestigious title and a top prize of AED1 million. Applications are open from 7 July to 6 August […]

News UAE

Dubai Chambers Unveils ‘Business in Dubai’ Platform to Support Business Growth

News Editor 08/07/2026

Photo Credit : WAM Dubai Chambers has launched the new ‘Business in Dubai’ platform, a digital gateway designed to help businesses establish, expand, and grow their operations across the emirate by providing easy access to a wide range of corporate services through trusted partners. The new platform strengthens Dubai’s position as a leading global business […]

Business

UUDS AERO Expands Operations at Dubai South’s Aerospace Hub

News Editor 08/07/2026

Photo Credit : WAM Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform within Dubai South, has announced a major expansion by UUDS AERO, which has grown its operational footprint to more than 180,000 square metres across multiple facilities since launching its first operation at the hub in 2022. The expansion reflects UUDS AERO’s growing […]

Economy

Dubai Chamber of Digital Economy promotes emirate’s tech ecosystem at GITEX AI Europe 2026

News Editor 07/07/2026

Photo Credit : WAM Dubai Chamber of Digital Economy has wrapped up its participation at GITEX AI Europe 2026 in Berlin, using the international platform to showcase Dubai’s growing digital economy and attract European technology companies, startups and investors to the emirate. During the exhibition, the chamber presented Dubai’s business ecosystem to 287

Energy

EWEC opens registration for 20th Clean Energy Certificates auction

News Editor 07/07/2026

Photo Credit : WAM Emirates Water and Electricity Company (EWEC) has opened registration for its 20th Clean Energy Certificates (CECs) auction, giving organisations across the UAE another opportunity to verify their clean electricity consumption and strengthen their sustainability commitments. Registration will remain open until 31 July 2026. Introduced under the Abu Dhabi

Economy

ADNOC Distribution to Acquire Shell Downstream South Africa in $1 Billion Deal

News Editor 07/07/2026

Photo Credit : WAM ADNOC Distribution has signed a definitive agreement to acquire 100 percent of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings in a transaction valued at approximately $1 billion, marking a major step in the company’s international expansion strategy. The deal, which remains subject to regulatory […]

Arts & Culture

DCT Abu Dhabi Unveils Dates and Theme for Public Art Abu Dhabi Biennial 2026

News Editor 06/07/2026

Photo Credit : WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the dates and artistic theme for the second edition of the Public Art Abu Dhabi Biennial (PAAD), which will bring large-scale public art installations and community-focused projects to Abu Dhabi and Al Ain later this year. The […]