Mansoor Meenai, GM and Head of META Region, Arcera. Mansoor Meenai, GM and Head of META Region at Arcera, shares insights on how local manufacturing, Emirati talent, and strategic partnerships are reshaping the UAE’s life sciences landscape and positioning the nation as a regional export hub. The UAE’s pharmaceutical sector is undergoing a decisive transformation, evolving from a market reliant on imports into an emerging hub for advanced manufacturing, research, and life sciences innovation. Backed by sovereign investment, strategic infrastructure, and globally aligned regulatory frameworks, the country is laying the groundwork for long-term healthcare resilience and export competitiveness. Arcera, the…
Author: Editorial Team
Swiss watchmaker Swatch and luxury partner Audemars Piguet are betting big on a Gen-Z “product drop” culture — buzzy, often limited launches that have helped spur sales from Labubu dolls and Nike trainers to Popeyes chicken. The maker of popular colourful watches has stirred debate — and seen some punches thrown — with a product launch of its Royal Pop pocket watch collection with Audemars Piguet, which forced it to close some stores and limit queues. In Milan shoppers outside a Swatch store ended up in a scuffle, to get their hands on the Pop Art style watches blending the…
SHARJAH, 20th May, 2026 (WAM) — Sharjah Electricity, Water and Gas Authority (SEWA) announced the completion of a new vital water reservoir in the Al Haray residential area of Khorfakkan. The reservoir has a storage capacity of 1.35 million gallons and was constructed according to the highest approved technical and engineering standards. Rashid Al Kabouri, Deputy Director of SEWA’s Khorfakkan branch, explained that the project aims to improve the efficiency and sustainability of the water distribution system, enhance water security, and improve the reliability of water supplies to current and future residential and service areas. The reservoir will serve the…
Aldar Education-operated schools in Abu Dhabi will see a nine-fold increase in UAE nationals among staff with the signing of a new strategic partnership with the Abu Dhabi Department of Education and Knowledge (ADEK). Aldar Education will work towards hiring over 300 Emiratis, including over 100 new-to-sector Emirati teachers, as part of this partnership. It will also comply with the national direction to ensure all Social Studies positions across its operated schools are occupied by Emirati educators within the next three years. Stay up to date with the latest news. Follow KT on WhatsApp Channels. This agreement is the first…
RIYADH — Saudi Arabia on Wednesday welcomed U.S. President Donald Trump’s decision to “give diplomacy a chance” to end the war and restore maritime security in the Strait of Hormuz, while also praising Pakistan’s mediation efforts aimed at preventing further regional escalation. In a statement posted on X, Saudi Foreign Minister Prince Faisal bin Farhan said the Kingdom highly appreciated Trump’s move to pursue a diplomatic solution that would restore “the security and freedom of maritime navigation in the Strait of Hormuz to its state prior to February 28, 2026.” The foreign minister said Saudi Arabia supports efforts to reach…
RIYADH — The United Kingdom and the Gulf Cooperation Council have concluded negotiations on a major Free Trade Agreement aimed at strengthening trade, investment and economic cooperation between Britain and Gulf states, including Saudi Arabia. Announced on Tuesday, the agreement marks the first trade deal between the GCC and a G7 country and is expected to create significant opportunities for businesses, investors and service providers across both regions. The deal covers all six GCC member states — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman and Qatar — and is designed to support open trade, economic growth and long-term investment partnerships.…
V. S. Hariharan, Managing Director & Group CEO, Redington Limited. Redington Limited, a leading technology solutions provider, recently announced its financial results for the quarter and year ended March 31, 2026. The Company reported strong revenue growth, supported by continued momentum across its solutions-led businesses, technology portfolios, and core operating markets. For Q4 FY26, Redington reported global revenue of ₹33,269 crore, representing year-on-year growth of 25%. Net profit for the quarter excluding exceptional items stood at ₹467 crore and net profit margin at 1.4%. For FY26, Redington delivered revenue of ₹119,347 crore, representing year-on-year growth of 20% and net profit…
Swiss watchmaker Swatch was forced to shut stores and cap queues after the launch of its Royal Pop pocket watch in collaboration with Audemars Piguet drew large crowds and triggered brawls among shoppers. The watches combining Swatch’s 1980s pop-art style with the Audemars Piguet octagonal bezel sell for $400 to $420, far below the many thousands of dollars commanded by Audemars Piguet’s luxury watches, leading many to buy and then flip Royal Pop timepieces online at inflated prices. Social media posts and video showed queues of shoppers at stores in New York, London, Barcelona and Dubai at the weekend, with…
DUBAI, 20 May, 2026 (WAM) — Louis Margueritte, Chief Executive Officer of Business France, the French national agency for international business development, affirmed that France and the United Arab Emirates possess strong elements of economic complementarity. Speaking during a dialogue session hosted today at the Dubai Press Club on the sidelines of his visit to the UAE, Margueritte said that artificial intelligence, technology and industry represent promising opportunities to deepen partnerships between the two countries, alongside long-established sectors such as defence, energy, infrastructure and services. He stressed that France and the UAE are continuing to strengthen their long-standing strategic partnership…
ABU DHABI, 17th May, 2026 (WAM) — The Federal Authority for Nuclear Regulation (FANR) stated that it is continuing to closely monitor the incident involving a fire in an electrical generator located outside the inner perimeter of the Barakah Nuclear Power Plant in the Al Dhafra Region, caused by a drone strike. FANR confirmed that the incident did not affect the safety of the Barakah Nuclear Power Plant or the readiness of its essential systems. There has been no release of radioactive material, radiological safety levels remain within normal ranges, and there is no risk to the public or the…