RIYADH — The East-West pipeline and affected energy facilities have been fully restored following the recent attacks, the Ministry of Energy announced on Sunday. In a statement, the ministry said the rapid recovery efforts — following the attacks on April 9— have enhanced supply reliability. The statement recounted that the Kingdom’s energy sector had lost approximately 700,000 barrels per day of pumping capacity through the East-West pipeline, in addition to a reduction in production at the Manifa field by about 300,000 barrels per day, and an impact on output at the Khurais field by roughly 300,000 barrels per day. The…
Author: Editorial Team
DUBAI, 12th April, 2026 (WAM) — Dubai Chambers held a meeting with the China Council for the Promotion of International Trade (CCPIT) Shanghai to explore ways to strengthen economic ties and enhance trade and investment cooperation between the business communities in Dubai and China. The meeting was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Yang Dongsheng, Vice Chairman of CCPIT Shanghai. The discussions focused on deepening bilateral cooperation across key sectors that offer promising opportunities for companies in both markets, particularly within the digital economy. Mohammad Lootah said: “Dubai and China share a dynamic…
According to a recent Bloomberg report, SpaceX confidentially filed IPO paperwork with the U.S. Securities and Exchange Commission (SEC), signalling preparations for a potential public listing which could value the company at up to $1.75 trillion. SEC rules allow private companies to submit IPO filings confidentially up to 15 days before marketing their shares, enabling them to address regulator feedback out of public view. Bloomberg reported SpaceX is on track for a listing in June, ahead of IPOs by OpenAI and Anthropic. Reuters reported SpaceX is aiming to raise $75 billion and has assembled 21 banks to manage the offering,…
AJMAN, 12th April, 2026 (WAM) — Ajman Chamber organised a forum titled “Sustainability in the Industrial Sector” to announce the launch of the first phase of the Eco Smart Industry initiative. The event highlighted best practices and expertise in resource rationalization, conservation, and recycling, reaffirming the Chamber’s commitment to driving the industrial sector toward a sustainable and balanced future that keeps pace with environmental and economic developments while enhancing production. The forum, held at the Fairmont Ajman Hotel, was attended by Mohamed Ali Al Janahi, Executive Director of the Member Support Services Sector; Sheikh Hamad bin Nasser Al Nuaimi, Director…
Dubai’s daily bus commuters are set to benefit from new waiting spaces, as the Roads and Transport Authority (RTA) has completed installing 726 modern bus shelters across key areas of the emirate. The shelters have been placed in high-density neighbourhoods and locations, keeping both current demand and the future expansion of public bus services in mind. The installations aim to improve connectivity with other modes of transport, making daily journeys smoother for residents who rely on integrated mobility options such as metro links, taxis and shared transport. Stay up to date with the latest news. Follow KT on WhatsApp Channels…
PARIS, 10th April, 2026 (WAM) — Three days out from the third monument of the season, UAE Team Emirates-XRG presented its lineup for Paris-Roubaix, with Tadej Pogačar hoping to take a historic victory for the Emirati squad. Already a winner of both Milano-Sanremo and the Ronde van Vlaanderen this season, Pogačar heads into Sunday’s race as the current title holder of four of the five great cycling Monuments. Were he to win on Sunday, he would become the first rider since Roger De Vlaeminck in 1979 to have won all five, totalling Milano-Sanremo, Ronde van Vlaanderen, Paris-Roubaix, Liège-Bastogne-Liège and Il…
Ranjith Kaippada and Laxmi Nageswari. Dubai — Cloud Box Technologies, a leading systems integrator and IT services specialist in the Middle East, announces its AI-first strategy with the introduction of a focused three-pillar framework led by Laxmi Nageswari as the Chief AI Officer (CAIO). This highlights how the company has evolved from a traditional IT infrastructure provider into a full spectrum digital transformation partner including AI, automation and cybersecurity. The new role of Chief AI Officer establishes that Cloud Box Technologies is incorporating AI into the core of its offerings. Laxmi will guide the strategy, innovation, partnerships and capability development where AI is an integrated layer in all its offerings and not just a standalone service. The company’s AI…
A young boy handing out UAE flags on Dubai’s Boulevard Street is drawing attention online, with many recognising him as Majed Omar, the child widely known as the UAE’s “Sheikh of happiness”. Majed, who previously went viral riding in a miniature Mercedes, was seen offering small UAE flags to passersby, prompting smiles and brief interactions that quickly spread across social media. His gesture comes days after a call by Sheikh Mohammed bin Rashid Al Maktoum, urging residents and citizens to raise the UAE flag as a symbol of unity, pride, and collective strength. The response across the country was immediate,…
RIYADH, 12th April, 2026 (WAM) — The Saudi Ministry of Energy announced today the success of operational and technical efforts in restoring the full pumping capacity through the East–West pipeline, amounting to approximately seven million barrels per day (mbpd), and recovering the affected volumes from the Manifa field production of around 300,000 barrels per day, all within a short period of time. The Saudi Press Agency (SPA) reported that further to the statement issued by the Ministry of Energy on April 9, 2026, regarding the impact on certain facilities of the Kingdom’s energy sector due to the attacks, including the…
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, is to begin an official visit to China on Sunday, April 12, 2026. This trip would be part of the two countries’ shared commitment to strengthening bilateral relations and expanding cooperation serving mutual interests for the benefit of both nations and their peoples. Stay up to date with the latest news. Follow KT on WhatsApp channels. The visit aims to further advance cooperation and elevate the longstanding ties between the UAE and China, underpinned by a comprehensive strategic partnership spanning key priority sectors. Sheikh Khaled bin Mohamed…