Author: Editorial Team

RIYADH — Saudi Arabia has provided $3.21 billion in humanitarian aid to Sudan through 359 projects, the Ministry of Foreign Affairs said. The projects span a wide range of humanitarian and development sectors. Key areas of Saudi assistance include budget support, education, water and sanitation, health, food security, industry, mining and mineral resources, financial and banking services, agriculture, forestry and fisheries, and energy. Source: Saudi Gazette

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DUBAI, 6th July, 2026 (WAM) — Standard Chartered global research on Monday announced its latest economic analysis, forecasting stronger momentum in UAE business activity during the third quarter of 2026. The bank’s analysis indicates that the UAE’s June S&P Global Purchasing Managers’ Index (PMI) remained above the 50 threshold, signalling continued expansion in non-oil activity. Positive non-oil growth appears to be driven by domestic consumption and investment, while the external sector is expected to gradually recover as regional trade flows normalise. Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered, said, “The UAE’s latest PMI reading…

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An industrial facility in Abu Dhabi has been fined Dh25,000 for failing to implement the required measures to limit air emissions and prevent dust dispersion, according to the Environment Agency – Abu Dhabi (EAD). The administrative penalty was issued as part of the agency’s efforts to enforce environmental regulations and ensure compliance across industrial operations in the emirate. EAD said the facility violated environmental requirements aimed at controlling air pollution and reducing dust spread. Dust can affect air quality and public health. The agency reiterated its commitment to conducting routine inspections and monitoring activities to ensure that industrial establishments adhere…

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At Paracelsus Recovery, I often sit across from people who have everything you could ever imagine needing, and yet that ‘safety-net’ does not seem to save them from pain. In most cases, it exacerbates it. In fact, a pattern I see time and time again is this: someone with more money and time than most of us could imagine, who is free from the grinding obligation that exhausts so many of us, and yet they are trapped in a depression they can’t shake and a relationship with substances that has taken hold of their life. They know it makes no…

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RIYADH — The General Authority for Statistics (GASTAT) has launched a digital economy survey to identify establishments that rely on digital inputs. The statistical survey will also identify establishments whose operations are significantly enhanced by digital inputs, including digital technologies, digital infrastructure, digital services, and data. It collects data from a representative sample of these establishments across various economic activities in all regions of the Kingdom. One of the survey’s primary objectives is to establish a comprehensive database to support the development of studies and indicators on Saudi Arabia’s digital economy. It also aims to create a broad database that…

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Master developer Arada has launched Arada Capital, a new fund management platform targeting $5 billion in assets under management (AUM) within four years, as it seeks to channel institutional capital into real estate and infrastructure opportunities across the GCC. The platform, which will be headquartered in Abu Dhabi Global Market (ADGM), has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) and is seeking final regulatory approval to operate as a licensed fund manager. Once licensed, Arada Capital will offer institutional and qualified investors direct access to Arada’s development pipeline as well as broader investment opportunities across the…

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RAMALLAH — A four-month-old Palestinian boy has died after an Israeli military checkpoint west of Ramallah blocked access to urgent medical care, while a 16-year-old boy was shot dead by Israeli forces elsewhere in the occupied West Bank. Laila Ghannam, the governor of Ramallah and el-Bireh, said in a post on Facebook that doctors at the Arab Specialised Hospital had confirmed the death of Ahmad Marouf Zeid on Sunday evening after Israeli forces prevented his transfer to the hospital for more than an hour despite his critical medical condition. Ghannam said Israeli soldiers fired tear gas to stop Palestinians trying…

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Hadi Anwar. CPX wins UAE Empowerment Initiative of the Year as CEO Hadi Anwar is named National Cybersecurity Leader of the Year. CPX Holding, a trusted provider of comprehensive cyber and physical security solutions, has secured two prestigious accolades at the GovTech Innovation Forum and Awards 2026, hosted by CPI Media Group. The firm received the UAE Empowerment Initiative of the Year award, while Chief Executive Officer Hadi Anwar was named National Cybersecurity Leader of the Year. The company  was recognised for UAEComply.360°, a national enabler that operationalises cybersecurity at scale, transforming regulatory compliance into a measurable driver of resilience.…

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Fans of the Wizarding World will be able to experience two Harry Potter films with live orchestral accompaniment when the official Harry Potter Film Concert Series returns to Abu Dhabi next year. The concert series will return to Etihad Arena on Yas Island on February 5 and 6, 2027, bringing Harry Potter and the Prisoner of Azkaban and Harry Potter and the Goblet of Fire to audiences as a double feature for the first time in the UAE. During each performance, the films will be shown on a 40 foot screen while the UAE National Orchestra performs the complete scores…

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ABU DHABI, 6th July, 2026 (WAM) — The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED1,820,000 on a branch of a foreign bank licensed to operate in the UAE, pursuant to the provisions of the Federal Decree-Law No. (6) of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance Business. The financial sanction was imposed following examinations conducted by the CBUAE, which revealed the branch’s failure to issue a liability letter within the mandated seven-day period, thereby violating the CBUAE’s Market Conduct and Consumer Protection Regulations and Standards. The CBUAE, through its…

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