Author: Editorial Team

Followers of Dubai Crown Prince, Sheikh Hamdan bin Mohammed Al Maktoum, on X, are more used to tweets from him announcing major projects, new milestones on the emirate’s path to being the best city in the world to live in, or glimpses of his personal life. On Thursday, April 30, 2026, a brief but powerful message was conveyed by the UAE royal through the social media platform. “The soul of Dubai is found in its people,” Sheikh Hamdan, who also serves as UAE’s Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, said in the…

DUBAI, 30th April, 2026 (WAM) — Mashreq Bank recorded a net profit after tax of AED1.927 billion during the first quarter of 2026, compared to AED1.792 billion in the same period of 2025, reflecting a growth of 8 percent year-on-year, while net profit before tax reached AED2.28 billion, marking a 9 percent increase year-on-year. According to a statement issued today, the bank recorded revenues of AED3.426 billion during the first quarter of the current year, compared to AED3.12 billion in the corresponding period last year, representing a growth of 10 percent. Total assets reached AED344.305 billion by the end of…

As students across Dubai juggle a mix of in-person and remote learning after a prolonged stretch of online classes, the transition has brought its own set of challenges, particularly when it comes to rebuilding social connections and a sense of routine. For 16-year-old Dubai student Mehrin Shiras, the changing state of affairs highlighted a gap that needed to be filled. As a result, the Year 12 student and Head Girl at Repton Dubai launched ‘The Third Space’, a student-led initiative offering free creative sessions for children struggling with the loss of routine, social interaction and a sense of belonging. “The…

WASHINGTON, 1st May, 2026 (WAM) — Apple on Thursday forecast sales that beat expectations, even as it said it expected to continue to face chip supply constraints, sending shares up more than 3%. Apple executives said they expect sales growth of 14% to 17% in the current fiscal third quarter, which was above Wall Street estimates of 9.5% growth to $102.93 billion, according to data from LSEG. Apple reported better-than-expected second-quarter results, with customers showing eagerness to buy a new MacBook model, according to Reuters. Apple said sales and profits were $111.18 billion and $2.01 per ​share for the fiscal…

“Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has honoured the winners of the Erth Dubai Awards, which celebrate the emirate’s identity, heritage and aim at the preservation of collective memory. Announced by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum over 12 months ago, Erth Dubai is considered one of the largest awards dedicated to cultural and social documentation. The announcement of the winners’ names was made at Dubai’s Museum of the Future. Dubai Crown Prince, Sheikh Hamdan bin Mohammed, shared photos from the event on his X account. “Across platforms, there were more than 14 million…

Ryan Courson. Seasoned finance executive combines dual expertise as both a technology investor and a CFO of fast-growth AI companies Dubai — IFS, the world’s leading provider of Industrial AI software, today announced the appointment of Ryan Courson as Chief Financial Officer (CFO). Courson joins IFS at a moment of considerable momentum, as the company continues to set the pace for Industrial AI adoption at enterprise scale, and as demand for IFS.ai capabilities accelerate across every region and industry it serves. Mark Moffat, CEO, IFS, said: “IFS is executing at a level that very few software businesses in the world can match…

JEDDAH — The National Center for Meteorology (NCM) stated that the Saudi regions experienced exceptional weather during April, marked by moderate to heavy rainfall across all regions in a notable climatic scene reflecting the diversity of the Kingdom’s atmosphere and its exposure to spring weather conditions. NCM spokesperson Hussein Al-Qahtani said that what the Kingdom’s regions experienced during April represents a distinctive climatic condition. He noted that most Saudi regions were affected by varying rainfall levels, reflecting the nature of weather fluctuations during spring, while also supporting water reserves and contributing to improved vegetation cover. Al-Qahtani said that the Kingdom…

MAKKAH — Minister of Commerce and Chairman of the Board of Directors of the Saudi General Authority of Foreign Trade (GAFT) Majid Al-Qasabi chaired the 70th meeting of the Gulf Cooperation Council (GCC) Trade Cooperation Committee, held via video conference, on Thursday. Commerce ministers from GCC member states and GCC Secretary General Jasem Albudaiwi attended the meeting. The meeting discussed updates on free trade agreement negotiations with countries and international blocs and reviewed progress on implementing unified commercial laws across GCC states. It also examined a proposal for a virtual Gulf business incubator and reviewed the work of committees under…

SHARJAH, 1st May, 2026 (WAM) — The UAE’s fisheries and fishing sector is witnessing a new expansion of the “SFS Fisheries” system, the first digital platform of its kind at the national and regional levels, specialised in tracking and documenting fish landings and the origin of local catch. This comes as Fujairah has become the latest emirate to adopt SFS Fisheries, the country’s first integrated digital platform for tracking fishing operations and verifying the origin of local catch. The expansion builds on the system’s initial deployment in Sharjah and signals a broader national shift toward transparency, efficiency, and long-term resource…

UAE residents who may qualify for newly approved oral obesity pills such as Foundayo (orforglipron) and Wegovy — which are expected to enter the market soon — may face a question: will my insurance pay for it? Industry experts said that the answer is not clear yet. While Foundayo has been approved by the Emirates Drug Establishment (EDE), insurance experts said regulatory approval does not mean a medicine is added to insurance coverage. Decisions on whether the treatment will be covered and under what conditions, are expected to be assessed. Stay up to date with the latest news. Follow KT…