DUBAI, 11th May, 2026 (WAM) — Binghatti Holding Limited announced record-breaking financial results for the first quarter ended 31st March 2026. The company reported a net profit of AED1.43 billion, representing a 73 percent year-on-year increase, while revenue rose 52 percent to AED4.39 billion. EBITDA surged 83 percent year-on-year to AED1.83 billion, reflecting continued operational efficiency and margin expansion. Total assets reached AED32.87 billion, and the Group’s cash position rose to AED9.9 billion. During the quarter, the company achieved AED5.88 billion in sales through the sale of more than 4,000 units and launched five new projects valued at AED8.58 billion…
Author: Editorial Team
ABU DHABI, 11th May, 2026 (WAM) — The UAE Cyber Security Council (CSC) and Palo Alto Networks have signed a strategic Memorandum of Understanding (MoU) to support the development of AI-driven, data-centric cybersecurity capabilities aimed at strengthening the UAE’s digital resilience. The MoU will facilitate the development of immediate and long-term capabilities in close cooperation with relevant authorities in the country, guided by a forward-looking and strategic approach. This collaboration will enhance the UAE’s cyber resilience by embedding cybersecurity across every layer of the digital infrastructure. “This collaboration reflects the UAE’s ongoing efforts to strengthen national cybersecurity capabilities and build…
BUENOS AIRES — Authorities in Argentina’s Tierra del Fuego province are vehemently disputing claims that a deadly hantavirus outbreak, linked to an Atlantic cruise ship, originated within their borders. Instead, they are urging investigations into other Argentine provinces visited by passengers. Local officials in the southernmost South American archipelago reject the assertion by national health authorities that a rubbish dump in Ushuaia was the probable source where two Dutch tourists contracted the virus while bird-watching. Ushuaia has long enjoyed its reputation as “The End of the World” and as a gateway for trips both to Antarctica and for tourists to…
SYDNEY — Australia’s far-right One Nation party has won a seat in the country’s House of Representatives for the first time. With almost all the votes counted, One Nation candidate David Farley, a former agribusiness consultant, won over 57% of the tally in the special election for Farrer, a vast regional constituency in New South Wales, with independent candidate Michelle Milthorpe on almost 43%. The contest was triggered by the resignation of Sussan Ley, who quit when she was ousted as leader of the opposition conservative Liberal Party. Saturday’s poll was the first federal test of One Nation’s support after…
Mohannad Abuissa, Managing Director of Solutions Engineering & CTO at Cisco for the Middle East, Africa, Turkey, Romania and the CIS. Cisco’s State of Wireless Report reveals how UAE organisations are driving productivity, efficiency, and revenue growth by treating wireless infrastructure as a strategic business investment rather than a basic IT utility. Wireless networks are moving from back-end infrastructure to boardroom priority as UAE organisations accelerate AI, IoT and connected business models. For enterprises, wireless investment is no longer only about coverage or connectivity; it is becoming a foundation for productivity, operational efficiency, customer engagement and revenue growth. Cisco’s State…
AJMAN, 11th May, 2026 (WAM) — The Department of Finance in Ajman has received the “Certified Government Innovative Organisation (CGInO)® – Three Stars” certification, awarded by the Global Innovation Institute, in recognition of its adoption of international best practices in institutional innovation and excellence. The certification reflects the department’s implementation of advanced innovation management methodologies across its operations and services, as well as its commitment to internationally recognised frameworks aimed at improving performance and sustainability. The certification highlights the department’s adoption of an integrated governance framework aligning innovation initiatives with strategic objectives, while supporting continuous development in line with international…
Abu Dhabi’s emergency vehicles are being fitted with smart cameras that can record motorists who fail to give way, as authorities step up efforts to cut response times and improve road safety. The Abu Dhabi Civil Defence Authority said cameras have now been installed in firefighting, ambulance and rescue vehicles, allowing control rooms to monitor traffic conditions in real time and document drivers who obstruct emergency crews on the road. Officials said the system is linked directly to operations rooms, enabling teams to track vehicle movements, identify traffic bottlenecks and coordinate alternative routes to incidents when needed. Stay up to…
Long hours, constant notifications and the pressure to always be “on” have defined modern life for years. But across the UAE, that mindset is starting to shift, with more people choosing balance over burnout. What was once seen as a niche wellness habit, meditation is now finding its way into everyday routines. From early morning breathwork sessions to corporate-led mindfulness programmes, a growing number of residents are rethinking what it means to be productive. This shift reflects a wider global trend. According to the World Health Organization, more than one billion people worldwide are living with mental health conditions such…
DAMMAM — Al Hilal kept the Roshn Saudi League title race alive on Tuesday after battling back to defeat Al Khaleej 2-1 and cut the gap to leaders Al Nassr to two points. Sergej Milinković-Savić equalized for Al Hilal before Sultan Mandash struck the winner 11 minutes from time in Dammam. The victory sets up a potentially decisive Riyadh derby next week, when Al Nassr host Al Hilal with only three rounds remaining in the season. “We go game by game,” Milinković-Savić said after the match. “First one is the King’s Cup final. Then, after, Al Nassr will be the…
New Instinct MI350P PCIe GPUs are designed to help organisations run AI workloads on standard air-cooled infrastructure. Enterprise AI adoption is accelerating, but many organisations are finding their existing infrastructure under pressure. Cloud-based AI can offer flexibility, yet it may also create concerns around data privacy, sovereignty, latency and unpredictable costs. Building dedicated AI infrastructure, meanwhile, can demand major investments in power, cooling and specialised GPU platforms. AMD is addressing that challenge with its new AMD Instinct MI350P PCIe GPUs, designed to help enterprises deploy AI workloads within existing data centre environments without significant infrastructure redesign. The new accelerator cards…