Author: Editorial Team
DUBAI, 14th October, 2026 (WAM) — The UAE’s advanced infrastructure, flexible regulatory environment and economic integration across its emirates are strengthening its appeal to international investors, with growing opportunities in industry, energy, transport and logistics, according to participants at RISE Summit 2026. Speaking to the Emirates News Agency (WAM) on the sidelines of the summit at Dubai World Trade Centre, participants highlighted the UAE’s diversified economy and resilience to economic and geopolitical challenges as key factors supporting investor confidence and attracting long-term capital. Ludovic Subran, Chief Investment Officer of Allianz and Co-Managing Director of Allianz Investment Management, said the Gulf…
SHARJAH, 14th October, 2026 (WAM) — H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, witnessed on Wednesday morning, in the presence of H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), the launch of ‘Najm’, an AI agent by the Sharjah FDI Office (Invest in Sharjah). The launch took place during the opening ceremony of the 9th Sharjah Investment Forum, held at the Jawaher Reception and Convention Centre. The launch of ‘Najm’, which aims to help investors identify commercial and industrial opportunities in Sharjah that match the requirements…
DUBAI, 14th October, 2026 (WAM) — Inmates from Dubai Police’s General Department of Punitive and Correctional Establishments participated in the sixth Intercontinental Chess Championship for Prisoners, held online with 134 teams from 54 countries. The championship, organised under the supervision of the International Chess Federation (FIDE) in cooperation with Dubai Chess and Culture Club, was hosted by Cook County in the United States. Brigadier Sultan Abdullah Al Owais, Director of the General Department of Punitive and Correctional Establishments, said participation reflected Dubai Police’s commitment to rehabilitation, with chess helping inmates develop strategic thinking and mental discipline. Lieutenant Colonel Mohammed Abdullah…
NEW YORK, 15th October, 2026 (WAM) — The US dollar climbed to an 18-month high on Wednesday as renewed expectations of an interest rate increase by the Federal Reserve later this month boosted the currency. The dollar index, which measures the greenback against a basket of six major currencies, rose 0.68% to 102.86, its highest level since April 2025. The euro fell 0.69% to $1.1121, hitting a fresh 17-month low against the dollar and a 16-month low against sterling. The British pound declined 0.58% to $1.3178, while the Japanese yen weakened 0.33% to 158.81 per dollar. Source: Emirates News Agency
SHARJAH, 15th October, 2026 (WAM) — The UAE is all set to become the main crossing point for capital moving between East and West. And all of this is to happen within the next five years, building on a regulatory framework that has drawn one of the world’s largest groups of licensed digital asset companies, the head of the Dubai Digital Asset Association said on the opening day of the Sharjah Investment Forum (SIF) 2026 on Wednesday. Speaking at a panel titled “Capital Without Borders: Where Smart Money Is Moving Next,” Saqr Ereiqat, Secretary General of the association, was joined…
Five-year-old Abdul Ahad ran through the purple-lit water fountain with his siblings as Global Village opened for Season 31 on Wednesday night. Behind them, the park’s bright pavilions, food stalls and packed walkways set the scene for the first evening of Dubai’s outdoor season. His father, Abdul Badi, said the children had been waiting eagerly for the destination to reopen. “They have been waiting for Global Village to open, and the fountain was the first thing they wanted to do when we came in,” he said. “They are enjoying every second of it. We may reach home late tonight, so…
KUWAIT, 14th October, 2026 (WAM) — Dr. Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, was briefed on the Fujairah Culture & Media Authority’s key programmes, initiatives, and activities, including its participation in international book fairs and cultural events. The briefing took place during a meeting with Fatima Yousuf Al Ali, Director of the Authority’s Media Affairs Department, on the sidelines of her participation in the “Media Institutions Leadership” programme in Kuwait. Her participation reflects the Authority’s commitment to developing media professionals, strengthening leadership skills and exploring modern approaches to media management to enhance institutional performance and keep pace with…
DUBAI, 14th October, 2026 (WAM) — The UAE already has a control tower agent that every deployed AI agent must plug into, Omar Sultan Al Olama, Minister of State for Artificial Intelligence, said today at the World Economic Forum’s (WEF) Annual Meeting of Global Future Leaders in Dubai. He was speaking at the “Trust Test for Agentic AI” session, part of the meeting held from 13th to 15th October 2026 as part of the long-standing strategic partnership between the UAE Government and WEF. The session examined how to govern AI systems that act with greater autonomy while preserving accountability, judgment…
DUBAI, 14th October, 2026 (WAM) — Mohamed Alabbar, Founder and Managing Director of Emaar Properties, has unveiled plans to invest more than US$16 billion in real estate and tourism development projects in Syria, saying markets facing economic and geopolitical challenges offer promising investment opportunities, provided investment decisions are based on feasibility studies, economic development, and social responsibility. Speaking during a session titled “Building Through the Cycle” at RISE Summit 2026, held today at the Dubai World Trade Centre and moderated by CNBC Anchor and Correspondent Dan Murphy, Alabbar discussed developments in property markets, investment opportunities in Syria and the future…
DUBAI, 14th October, 2026 (WAM) — H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre, met with Lord Philip Hammond, Chairman of Innovo Group, a London-headquartered international construction and real estate development company with operations across four continents. The meeting explored opportunities for international companies to expand their operations in Dubai and develop projects that support growth and innovation. Discussions highlighted Dubai’s growing role as a hub for regional and global business operations, and the advantages it…