Author: Editorial Team
DUBAI, 6th May, 2026 (WAM) — Oraseya Capital, the investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), has been ranked the most active investor in the United Arab Emirates by number of deals for the second consecutive year, according to the 2025 Most Active Investors in MEA, Africa and SEA report issued by MAGNiTT. The firm also secured a Top Three ranking across the MENA region, reinforcing its role in advancing the UAE’s innovation-driven economic agenda and strengthening the regional venture capital ecosystem. The fiscal year 2025 report confirms that Oraseya Capital completed 25 investments during the year,…
The UAE has rejected allegations by Sudan that an Emirati drone was involved in an attack on Khartoum airport, describing the accusations as “unfounded” and part of a “deliberate propaganda” campaign. In a statement, a UAE official said the country has noted a “marked increase” in what it described as baseless accusations from the Port Sudan Authority (PSA). Such “unfounded allegations”, he said, actively undermine efforts to end the conflict and restore stability. Stay up to date with the latest news. Follow KT on WhatsApp Channels The official added that the allegations were “part of a calculated pattern of deflection”,…
ABU DHABI, 6th May, 2026 (WAM) — One year after its launch at Make it in the Emirates 2025, Emirates Growth Fund (EGF) returned to MIITE 2026 to mark its first anniversary with two landmark announcements: the launch of the National Champions Programme (NCP) — a trilateral initiative with the Ministry of Industry and Advanced Technology (MOIAT) and the Ministry of Economy and Tourism (MOET) to systematically scale the UAE’s most capable industrial SMEs — and the signing of a strategic industrial resilience agreement with MOIAT and ADNOC to strengthen domestic supply chains and accelerate the localisation of critical industrial…
[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] The UAE has strongly condemned the statement issued by Iran’s foreign ministry, affirming its position in the face of threats on the nation’s sovereignty and national security. According to a statement by the Ministry of Foreign Affairs in the UAE (MoFA), the UAE categorically rejects any claims that infringe upon the nation’s sovereignty, national security, or independence of decision-making. MoFA added that the UAE’s relations and international defence partnerships are “a matter of pure sovereignty.” The ministry said that neither Iran nor…
ABU DHABI, 6th May, 2026 (WAM) — IHC, a global investment company focused on building dynamic value networks, today announced its financial results for the first quarter of 2026. The Group reported Revenue of AED31.4 billion, up 33.2% year-on-year, and Profit After Tax of AED8.2 billion, an increase of 98.5%, driven by strong operating performance, investment income, and disciplined execution across the portfolio. In Q1 2026, IHC maintained strong momentum across its diversified portfolio, translating growth into enhanced profitability and reinforcing its position as an active investor-operator. Performance was supported by broad-based contributions across core segments, margin expansion, continued portfolio…
ABU DHABI, 6th May, 2026 (WAM) — His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited today the 5th edition of the ‘Make it in The Emirates’ exhibition, which is taking place in ADNEC Abu Dhabi, through May 7th. Make it in the Emirates is the largest industrial gathering in the region, convening senior government and private sector decision-makers, industry leaders, entrepreneurs, investors, experts, innovators, and representatives of financial institutions. His Highness was accompanied by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai,…
Stay up to date with the latest news. Follow KT on WhatsApp Channels The emirate reported continued expansion in industrial activity, with 532 licences issued in 2025, up 17 per cent on 2024, and 3,354 licences renewed, up 7 per cent. Total licences reached 3,886, reflecting overall growth of 8 per cent. The Sharjah FDI Office (Invest in Sharjah) highlighted broader economic strengths that support investment, including sector diversity, balanced growth, skilled labour, and a focus on key areas such as healthcare, education, and services. Infrastructure, logistics capabilities and integration between free zones and the local market were also cited…
ABU DHABI, 6th May, 2026 (WAM) — The UAE Cybersecurity Council (CSC) and Rilian have announced a strategic collaboration aimed at enhancing cybersecurity resilience across Operational Technology (OT) environments within critical infrastructure and industrial sectors in the Emirates. The collaboration aligns with national efforts to strengthen the security of industrial control systems and other OT environments, with a focus on improving visibility, enhancing threat detection, and supporting the protection of critical assets across different sectors. This groundbreaking new public-private collaboration moves beyond a traditional partnership to include the establishment of a joint Innovation and Excellence Centre (CoE) in Abu Dhabi.…
When Rihanna stepped into Antilia for an intimate lunch with the Ambani family, the Internet saw a global superstar wrapped in marigolds and sunlight. In one frame, she is mid-laugh, showered in flower petals, bathed in a soft yellow glow that feels almost too ‘Bollywood’ to be real. For the man behind the lens, however, the moment was less about its “viral” potential and more about what it truly captured: a global icon slipping, effortlessly, into the heart of an Indian celebration. Himanshu Patel, founder of Epic Stories, had already documented one of the Ambani family’s most significant milestones during…
ABU DHABI, 6th May, 2026 (WAM) — During Make it in the Emirates 2026, ROX announced a strategic agreement with Khalifa Economic Zones Abu Dhabi – KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre, supporting the UAE’s ambition to become a global hub for intelligent manufacturing and exports. As a global AI technology company, ROX integrates advanced new energy technologies with the UAE’s distinctive approach to luxury and outdoor lifestyles. The brand has emerged as a strong contender in the luxury all-terrain SUV segment across the UAE and wider MENA region. With KEZAD Group’s world-class industrial…