Against the backdrop of renewed Iranian attacks amid the ceasefire, UAE celebrated the 50th anniversary of the unification of the armed forces in the country. On the occasion, UAE President Sheikh Mohamed bin Zayed Al Nahyan thanked and shared his pride in the strength of the armed forces — proved time and again in the past, present and future. Sheikh Mohamed also shared the UAE’s strategic priorities regarding the safety and security of the nation’s residents. The President said, “Today we mark a defining moment in our history, the decision to unify our armed forces, which reflects the foresight of…
Author: Editorial Team
In Parkin’s first expansion outside Dubai, the company will soon manage parking at the Aljada community in Sharjah, following the signing of a long-term agreement with Arada Developments LLC. Under the agreement, the company will serve as the sole parking operator across the mixed-use project, encompassing on-street, off-street, and building parking facilities in residential, retail, and commercial areas. In total, up to 9,900 parking spaces are expected to be rolled out in phases between 2026 and 2030. The on- and off-street component will account for around 3,500 spaces, with about 1,400 expected to be operational by the start of the…
RIYADH —Saudi Minister of Finance Mohammed Al-Jadaan emphasized the vital role of Arab financial institutions in strengthening the foundations of economic and financial stability and driving sustainable development throughout the Arab world. He also underscored the need to move forward in developing financing tools, raising the efficiency of institutional performance, and enhancing the level of integration among various financial institutions to ensure their ability to confront growing economic challenges at both the regional and international levels. Al-Jadaan made the remarks while attending, via video conference, the Joint Annual Meetings of Arab Financial Institutions for 2026 on Tuesday. The meetings witnessed…
RIYADH — Minister of Interior Prince Abdulaziz bin Saud bin Naif attended the graduation ceremony of 1,662 students from King Fahd Security College, representing a number of academic and training programs, in Riyadh on Monday. The graduating cohorts included 59 male and female graduates from the Master’s programs in Artificial Intelligence (second batch) and Administrative Leadership (first batch). They also include 1,603 graduates from the Bachelor of Security Sciences program (67th batch) and the 55th qualifying course for university graduates, among them 9 students from Yemen. Prince Abdulaziz bin Saud honored the top-performing graduates in the presence of several princes,…
From left: Talal M. Al Kaissi, Chief Executive Officer, Core42; Ismail Ali Abdulla, Executive Director, UAE Clusters – UAE Investments Platform, Mubadala Investment Company; and Nasir Al Nabhani, Managing Director, Solutions+. The agreement strengthens the Mubadala Investment Company (MIC) Group’s ability to deploy sovereign, enterprise‑grade cloud, data, and AI infrastructure Abu Dhabi — Core42, a G42 company specialising in sovereign cloud and AI infrastructure, today announced a strategic partnership with Solutions+, the AI-driven shared services company providing technology services and solutions. Announced at Make it in the Emirates, taking place 4 – 7 May in Abu Dhabi, the agreement establishes a structured framework for delivering secure, scalable cloud, data, and…
DUBAI, 5th May, 2026 (WAM) — Dubai Chambers, in cooperation with the Ministry of Economy and Tourism and the Indian Business and Professional Council, organised a special family business forum on Monday aimed at exploring ways to support the sustainability of family enterprises. The session focused on strengthening governance capabilities and encouraging the adoption of international best practices among the Indian family business community in Dubai. Held in the presence of Abdulla bin Touq Al Marri, Minister of Economy and Tourism, and Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, the forum highlighted the significance of Federal Decree…
A new reverse osmosis desalination station with a daily production capacity of 60 million gallons will be built in the UAE to strengthen water supply across the northern emirates and support the country’s long-term water security goals. Etihad Water and Electricity, NMDC Infra and Lantania signed the Engineering, Procurement and Construction agreement for the project at the International Holding Company pavilion during the Make it in the Emirates event on Tuesday. The signing ceremony was attended by Engineer Muhammad Al Sheghi, CEO of NMDC Infra; Pedro Almagro, CEO of Lantania; and Niels de Bruyn, CEO of NMDC. More to follow…
RIYADH — The Saudi Authority for Intellectual Property (SAIP) announced on Monday a 102% increase in patent applications submitted by individuals in 2025 compared to the previous year. Based on the Authority’s report — the “Intellectual Property Information Statistical Report for 2025” — the Kingdom saw significant gains across various indicators of innovation protection, reflecting its accelerated shift towards a knowledge-based economy. Among the report’s key findings is the direct filing route rising 59% from 2024, clearly indicating growing reliance on it as an effective option for protecting innovations and directly reflecting the success of SAIP’s initiatives to simplify digital…
DUBAI — A fragile ceasefire in the Gulf was under strain on Tuesday after the United States and Iran wrestled for control of the Strait of Hormuz. Iran’s parliament speaker, Mohammad Baqer Qalibaf, said in a social media post on Tuesday breaches of the four-week-old ceasefire by the US and its allies had endangered shipping and energy transit through the vital waterway. “We know well that the continuation of the current situation is unbearable for the United States, while we have not even begun yet,” he said. An unnamed Iranian military official has blamed “US military adventurism” for a reported…
Abu Dhabi — SlashData, a UAE-based technology company specializing in building national-scale digital platforms that connect the public and private sectors, has announced a strategic partnership with Fidelity United. The partnership will improve how motor insurance data is accessed and used across the UAE through the adoption of Mulem, marking a significant step in advancing the insurance sector. Through this partnership, Fidelity United will use Mulem, SlashData’s digital integration platform, to securely access vehicle, driver, and accident data. Mulem bridges the data gap by allowing insurers to connect multiple private and public data sources through a single platform. This access reduces duplication, accelerates…