Author: Editorial Team

BRUSSELS, 16th October, 2026 (WAM) — The European Union is aiming to give speedy antitrust approval to a satellite venture seen as the bloc’s answer to SpaceX after intense talks with its partners Leonardo SpA, Airbus SE and Thales SA, Bloomberg reported, citing a person familiar with the matter. Discussions over the past year have homed in on flagging — and ironing out — any potential competition concerns over the project before it is formally notified for approval. While the companies have yet to file, EU officials expect them to do so in the coming weeks, the person added. The…

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SHARJAH, 15th October, 2026 (WAM) — The ninth Sharjah Investment Forum (SIF 2026) examined opportunities to strengthen investment ties between Brazil and the UAE on Thursday, focusing on Sharjah’s potential as a regional base for Brazilian companies seeking to expand their operations. During the session ‘Beyond Trade: Unlocking the Brazil–UAE Investment Corridor’, Ana Beatriz Fernandes, Head of InvestSP’s Middle East, North Africa and India Office; Lubna Chahine, Partner at Solari Dubai; and Mariana Ricardo, Founder and CEO of WhatsNxt, discussed the growth of bilateral investment, opportunities for cooperation between Sharjah and São Paulo, and the importance of local business relationships…

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UAE

BRUSSELS, 15th October, 2026 (WAM) — A delegation from the UAE Federal National Council (FNC) participated today in a meeting of the Gulf-European Parliamentary Committee, held in Brussels, the capital of Belgium, with representatives of the legislative councils of the Gulf Cooperation Council (GCC) member states. The meeting was part of preparations and coordination for the second meeting between the Speakers of the Shura, Representatives, National and National Assembly councils of the GCC countries and the European Parliament, scheduled to take place on 16 October at the European Parliament headquarters in Brussels. The committee discussed the key topics to be…

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UAE

A man who promised to secure a place for a father’s son at a college was jailed for six months after swindling him out of Dh1.515 million, a court ruled. The Sharjah Court of First Instance found the man guilty of using a false identity and claims of influential connections to persuade the father that he could arrange the admission. The court referred the case to the competent civil court and ordered the defendant to pay court fees. The case began when the father, seeking help to enrol his son, was referred to the defendant by an acquaintance. The father…

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UAE

SHARJAH, 15th October, 2026 (WAM) — During the “Growing a Sustainable Future” session at the Sharjah Investment Forum (SIF 2026), government officials and business leaders highlighted the UAE’s target to produce 50% of its crops locally and Sharjah’s achievement of diverting 93% of waste from landfills. The discussion also explored investment opportunities in agricultural technology, artificial intelligence and resource management to advance food security and sustainability. Held during the ninth edition of SIF, organised by the Sharjah FDI Office (Invest in Sharjah) in collaboration with the UAE Ministry of Investment, the session featured Mohammed Saeed Al Nuaimi, Undersecretary of the…

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UAE

BANGKOK,15th October, 2026 (WAM) — The Central Bank of the UAE (CBUAE), in collaboration with the Ministry of Finance and the UAE Banks Federation (UBF), organised the Annual UAE Banks Reception 2026 today in Bangkok, Thailand, on the sidelines of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), with the participation and sponsorship of 26 government entities and banking and financial institutions from the UAE. The reception was attended by Khaled Mohamed Balama, Governor of the Central Bank of the UAE; Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; and…

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DUBAI, 15th October, 2026 (WAM) — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees of Dubai Future Foundation, witnessed the signing of an agreement to establish the Centre for Global Future Opportunities in Dubai during the Annual Meeting of Global Future Leaders. The centre is a joint initiative between the Dubai Future Foundation (DFF) and the World Economic Forum (WEF). The centre, which will be overseen by DFF, aims to transform promising opportunities across technological, economic and societal fields into tangible policies,…

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ABU DHABI, 15th October, 2026 (WAM) — The thirty-second Council meeting of the International Renewable Energy Agency (IRENA) started in Abu Dhabi. Gathering in Abu Dhabi from 14 to 16 October, over 300 government representatives and delegates to IRENA’s biannual decision-making body will review the Agency’s work and discuss collective priorities for the next phase of the global energy transition. Progress on the energy transition is evident: renewable energy deployment continues to reach record levels, technology costs have declined and electrification is advancing across end-use sectors. Yet the pace of implementation remains insufficient, while electricity demand is growing rapidly and…

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UAE

SHARJAH, 15th October, 2026 (WAM) — Fili Poultry Farm, one of the companies under Sharjah Agricultural and Livestock Production Establishment (Ektifa), has become the first farm in the UAE to receive the Free-Range Label from the Ministry of Industry and Advanced Technology. The recognition highlights the farm’s commitment to internationally recognised best practices and supports the growth and competitiveness of the UAE’s food industries. The achievement reflects Fili’s continued efforts to uphold high standards in poultry rearing, product quality and food safety. It also reinforces consumer confidence in its products, strengthens their position in the marketplace and expands the availability…

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ABU DHABI, 15th October, 2026 (WAM) — Preparations have kicked into top gear with just 50 days to go until F1 cars hit Yas Marina Circuit for the opening session of the 2026 Formula 1 Etihad Airways Abu Dhabi Grand Prix. Taking place from December 3-6, Yas Island will once again host the final round of the Formula One World Championship and multiday Yasalam festival with global music stars performing across multiple venues. Thursday, October 15, marked the start of a 50-day countdown until the opening session of the 2026 Abu Dhabi Grand Prix and the thrilling sight of the…

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