Author: Editorial Team

DUBAI, 4th August, 2026 (WAM) — Meraas, a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group (L.L.C) for commencement of groundworks at Nourelle, marking the next phase in the delivery of the premium residential development within Madinat Jumeirah Living. The contract covers site preparation, as well as the design and construction of shoring and piling works for the development’s initial phase. The award marks another important milestone in the delivery of Nourelle, reinforcing Meraas’ continued progress across Madinat Jumeirah Living and its broader residential development programme. Located moments from Jumeirah Beach, Nourelle offers convenient…

ABU DHABI, 4th August, 2026 (WAM) — UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received the team behind the UAE Pavilion at Expo 2025 Osaka in Japan. During the meeting, His Highness spoke with the delegation about their experiences and the valuable insights they gained through their participation in the international exhibition. He commended the efforts of all those who contributed to the success of the UAE’s participation, praising their role in showcasing the country’s inspiring success story to the world and helping build connections and ambitious partnerships that support its future aspirations. His Highness also congratulated…

SHARJAH, 4th August, 2026 (WAM) — H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Research, Technology and Innovation Park (SPARK) and President of the American University of Sharjah (AUS), has formally accepted patronage of the Magdi Yacoub Institute, marking a new chapter in the growing collaboration between Sharjah and this world-leading centre for cardiovascular research. Bestowed during a visit to the Magdi Yacoub Institute Heart Science Centre in Harefield, United Kingdom, the patronage reflects a mutual commitment to advancing scientific discovery, regenerative cardiac medicine and international research collaboration. It also reinforces Sharjah’s growing role in supporting global…

SHARJAH, 4th August, 2026 (WAM) — The Sharjah Supplementary Grants Committee for Retirees has approved 34 new applications for supplementary grants at its latest meeting. The meeting was chaired by Abdullah Ibrahim Al Zaabi, Member of the Executive Council of the Emirate of Sharjah, Chairman of the Sharjah Department of Human Resources (SDHR), and Chairman of the Committee, and attended by the Committee members. The committee reviewed mechanisms to enhance social support programmes and discussed the latest developments on supplementary grants for retirees. Members approved 34 new applications that met the eligibility criteria for supplementary grants, with the newly approved…

GENEVA, 4th August, 2026 (WAM) — Paula Blasi retained the White Jersey as the Best Young Rider for the third consecutive day after Stage 3 of the Tour de France Femmes, as all of UAE Team L’IMAD’s leaders finished in the front group. The demanding 156.5-km stage from Geneva to Poligny marked the race’s return to France. The stage was won by Norwegian national champion Sigrid Ytterhus Haugset (Uno-X Mobility), who launched a solo attack with 88 kilometres remaining and held off the chasers to claim both the stage victory and the Yellow Jersey. Lotte Kopecky (Team SD Worx–Protime) finished…

DUBAI, 4th August, 2026 (WAM) — Al Ramz Corporation PJSC on Tuesday reported strong financial results for the six months ended 30th June 2026, driven by growth across its market-making, asset management, brokerage and digital platform businesses. Net profit rose 90 percent year-on-year to AED35.8 million, while profit before tax increased 87 percent to AED39.0 million. Total revenues reached a record of AED105.9 million, growing 59 percent year-on-year. Assets under management increased to AED1.5 billion, reflecting continued client confidence and successful product expansion. Net commission income increased by 35 percent to AED30.9 million, supported by higher trading volumes and the…

ABU DHABI, 4th August, 2026 (WAM) — Omar Obaid Alhesan Alshamsi, Undersecretary of the Ministry of Foreign Affairs, received a copy of the credentials of Guy Rodrigue Dikayi, Ambassador of the Gabonese Republic to the United Arab Emirates. Alshamsi wished the ambassador success in performing his duties and affirmed the UAE’s commitment to expanding cooperation with the Gabonese Republic in a manner that advances the shared interests of both countries and their friendly peoples. For his part, Ambassador Guy Rodrigue Dikayi commended the UAE’s distinguished regional and international standing under the wise leadership of President His Highness Sheikh Mohamed bin…

As artificial intelligence becomes an increasingly integral part of everyday life, a new generation of consumers expects technology that goes beyond simply responding to commands. Today’s young drivers want intelligent systems that understand their routines, anticipate their needs and adapt to their lifestyles. Responding to these changing expectations, OMODA & JAECOO has unveiled the all-new OMODA 4 during OMODA SUPER AI NIGHT in Jakarta, Indonesia, introducing what the brand describes as “The Super AI Cockpit That Truly Understands Global Youth.” With the OMODA 4 scheduled to launch in the UAE later this year, local customers can look forward to experiencing…

HaxUnit and Liplyn Information Group today announced a strategic partnership to help organisations in the United Arab Emirates and the wider Gulf region gain continuous visibility into their external cyber exposure and maintain stronger evidence for information-security governance and ISO/IEC 27001 certification activities. The partnership combines HaxUnit’s cybersecurity technology with Liplyn Information Group’s regional presence and more than 20 years of experience in AI, data-driven digital growth and international market development. The initiative will be supported through Liplyn’s office in Dubai and will initially focus on organisations with complex or rapidly changing digital environments, including real estate, hospitality, financial services,…

DUBAI, 3rd August, 2026 (WAM) — Dubai Residential REIT reported net profit before changes in the fair value of investment property of AED716.5 million for the first half of 2026, up 15.1 percent from AED622.3 million in the corresponding period last year, driven by higher rental income, increased occupancy and disciplined cost management. Revenue rose 8.1 percent year-on-year to AED1.0357 billion from AED957.8 million in the first half of 2025, while adjusted EBITDA increased 14.6 percent to AED822.6 million. The adjusted EBITDA margin expanded to 79.4 percent from 74.9 percent a year earlier. The REIT announced that its board had…