Author: Editorial Team
ABU DHABI, 23rd July, 2026 (WAM) — Abu Dhabi Commercial Bank (ADCB) announced record profit before tax of AED7.607 billion for the first half of this year, up 28 percent compared with the same period last year. The bank also recorded profit before tax of AED3.826 billion in the second quarter, an increase of 26 percent year-on-year, marking its 20th consecutive quarter of profit growth. Operating income rose by 12 percent during the first half to AED11.981 billion, while non-interest income increased by 22 percent to AED4.510 billion, accounting for 38 percent of total operating income, supported by higher fee,…
ABU DHABI, 23rd July, 2026 (WAM) — The Federal Authority for Nuclear Regulation (FANR) has launched the National Environmental Radiation Measurements Portal, the country’s first environmental radiation information system. As one of FANR’s transformational projects, the portal enhances the UAE’s radiation protection infrastructure by providing stakeholders with a unified source of radiological environmental monitoring information to support regulatory oversight, emergency preparedness and response and scientific research. The system provides users with access to real-time and historical measurements collected through FANR’s nationwide environmental radiation monitoring network, together with laboratory analysis of environmental samples. Through a single digital platform, users can monitor…
ABU DHABI, 23rd July, 2026 (WAM) — Sheikh Shakhbout Medical City (SSMC) recently hosted its first Inpatient Smart Room & Innovation Expo, bringing together healthcare professionals, technology partners and industry experts to explore the latest advancements shaping the future of healthcare delivery. The event featured a series of interactive innovation kiosks and technology demonstrations, giving participants the opportunity to engage with cutting-edge digital health solutions, smart patient care technologies and emerging innovations designed to enhance patient experience, clinical efficiency and healthcare outcomes. During the expo, participants discussed the hospital’s digital transformation journey, highlighting advanced digital health solutions, including smart healthcare…
SHARJAH, 23rd July, 2026 (WAM) — The University of Sharjah (UoS), in collaboration with e&, has launched a new Innovation Lab at its campus to strengthen research, innovation and entrepreneurship. The facility was inaugurated in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah. The Innovation Lab is designed to bring academia and industry closer together by enabling students and researchers to develop expertise in artificial intelligence and emerging technologies while transforming innovative ideas into practical solutions and prototypes. The facility includes a Central AI experience,…
FARNBOROUGH, United Kingdom, 23rd July, 2026 (WAM) — AMMROC, the region’s leading military maintenance, repair, and overhaul (MRO) provider, has signed a Memorandum of Understanding (MoU) with Airbus Defence and Space to explore strategic cooperation opportunities aimed at enhancing military aircraft maintenance, sustainment, and support capabilities across the UAE and the wider region. The MoU was signed during the Farnborough International Airshow 2026 at the Farnborough International Exhibition and Conference Centre in Hampshire, United Kingdom. The partnership builds on the complementary strengths of both organisations. AMMROC brings extensive expertise in depot-level aircraft maintenance, airframe services, component support, and military fleet…
SAN FRANCISCO, 25th July, 2026 (WAM) – Anthropic on Friday launched Opus 5, its latest AI model that the startup says nears the capabilities of its more powerful cousin Fable 5 at half the price. The San Francisco-based lab said the new Claude AI model was well suited for daily office and computer programming tasks. In an interview with Reuters, Anthropic product leader Dianne Penn said the release, more efficient than May’s Opus 4.8, reflected a rapid pace of development. “We’re building and continue to consistently deliver frontier intelligence and bring that as accessibly as possible with every model generation,”…
neofashion.ai, an AI content platform for fashion retailers built by UAE-based Fipera, opened self-serve access at neofashion.ai, allowing any fashion brand to generate on-brand product photography, video, and marketing or campaign content directly from its own product photos and references. The launch follows a private beta in which three global apparel brands used the platform in live production, generating on-model photography, e-commerce packshots, and campaign video from their own product images. Brand DNA Integration Unlike general-purpose image generators, neofashion.ai keeps every brand’s product references, saved model personas, and brand profile isolated inside its own workspace and uses them directly to…
Building on its rapid growth in the UAE and the success of its Super Hybrid System (SHS) technology, OMODA & JAECOO is preparing to further strengthen its electrified vehicle portfolio with the launch of the OMODA O5 SHS-H this September. The latest addition to the brand’s hybrid family combines fuel efficiency, strong performance, advanced safety and contemporary crossover styling, offering UAE motorists a practical solution for everyday driving and long-distance travel alike. The O5 SHS-H will join OMODA & JAECOO’s expanding SHS-H product line-up, which includes the upcoming OMODA O4, O5 SHS-H and O7, alongside the JAECOO J5 and JAECOO…
Alef Education, a UAE-based global leader in education technology, has achieved a landmark global recognition, ranking as the No. 1 education technology company in the Middle East and Africa (MEA) and securing the 13th position worldwide in the prestigious World’s Top EdTech Companies 2026 list, published by TIME in collaboration with Statista. The recognition reflects the company’s continued leadership in harnessing technology to enhance teaching and learning while contributing to the global evolution of education. The TIME World’s Top EdTech Companies ranking evaluated 6500 education technology companies worldwide based on a rigorous, data-driven assessment of financial strength and industry impact.…
As artificial intelligence rapidly transforms everyday life, consumers increasingly expect technology that not only responds to commands but also understands preferences, anticipates needs and delivers personalised experiences. Bringing this new generation of intelligence into mobility, OMODA & JAECOO will unveil its mass-produced AI Smart Cockpit during Super AI Night in Indonesia on 27th July, marking another major milestone in the brand’s intelligent mobility strategy and signalling technologies that will gradually expand to global markets, including the UAE. The launch represents the latest evolution of OMODA & JAECOO’s Dual Super Strategy, combining the brand’s globally recognised Super Hybrid System (SHS) with…