Author: Editorial team
Parkin announced on Wednesday, May 13, it was currently installing over 500 curb and pole cameras across three major locations in Dubai. As part of its first phase of the on-street parking camera system, these cameras are being installed in Trade Centre 1, Burj Khalifa, and Al Corniche. Notably, the curb-side cameras are the first of its kind in the region. The first phase aims to transform parking into a faster, more predictable experience for customers by reducing time spent searching for spaces, lowering the risk of fines, and enabling auto-payments through the Parkin app. Stay up to date with the latest news.…
ABU DHABI, 13th May, 2026 (WAM) — Presight AI Holding PLC on Wednesday announced its financial results for the three-month period ending 31st March 2026, delivering double-digit year-on-year growth across revenue, EBITDA, and profit after tax. Presight reported revenue of AED689.0 million in Q1-2026, up 22.2 percent year-on-year, with 95.7 percent derived from multi-year contracts. Revenue growth was driven by continued execution across Presight and AIQ’s long-duration contract base, new domestic contract wins secured during the quarter, and sustained international momentum, including multi-year deployments in Jordan, Kazakhstan, and Albania. AIQ contributed AED205.3 million, representing 29.8 percent of group revenue. EBITDA…
ABU DHABI, 13th May, 2026 (WAM) — ADNOC Distribution reported strong financial and operational performance in the first quarter ended 31st March 2026, with record Q1 EBITDA at $307 million (+11.7 percent year-on-year; YoY) and net profit at $210 million (+20.7 percent YoY). Q1 performance was supported by fuel volume growth, stronger commercial business, higher contribution from non-fuel retail (NFR) and international activities, reflecting ADNOC Distribution’s structural resilience, driven by its diversification across its three customer locations: the UAE, Saudi Arabia and Egypt. Reflecting sustained investments over time, the company has expanded its business platforms across fuel retail, commercial segments,…
SHARJAH, 13th May, 2026 (WAM) — University of Khorfakkan (UKF) has obtained international membership in the Quality Assurance Agency for Higher Education (QAA), marking a significant milestone in the university’s ongoing efforts to strengthen academic quality and expand its global presence. QAA is one of the world’s leading organizations dedicated to quality assurance in higher education, and this membership reinforces the university’s position among internationally recognized academic institutions committed to excellence in teaching and learning. Through this membership, students and staff at the University will gain access to a wide range of academic and professional development resources, including guidance materials,…
Ajman announced the official Eid Al Adha public holiday for private schools across the emirate on Wednesday, May 13. Students will get a holiday from Monday, May 25, until Sunday, May 31, with classes resuming on Monday, June 1, as per a statement by the Private Education Affairs Office. More to follow soon. Please refresh this page for the full version. Source: Khaleej Times
ABU DHABI, 12th May, 2026 (WAM) — China Harbour Engineering Company (CHEC), the main international arm of China Communications Construction Company (CCCC), showcased during its participation in the second edition of the Abu Dhabi Infrastructure Summit (ADIS) 2026 its expansion plans and strategic projects in the UAE and the wider region, highlighting its growing role in supporting infrastructure, transport and major construction projects, as well as strengthening UAE-China cooperation in engineering, technology and artificial intelligence. Duan Kun, Managing Director of China Harbour Engineering Company in the UAE, said in statements to the Emirates News Agency (WAM) that the UAE represents…
DAMASCUS, 12th May, 2026 (WAM) — Dr Omar Habtoor Al Darei, Chairman of the General Authority of Islamic Affairs, Endowments and Zakat, met with Shaikh Osama Abdulkarim Al Rifai, Chairman of the Supreme Fatwa Council and Grand Mufti of the Syrian Arab Republic, on the sidelines of the Syrian-UAE Investment Forum being held in Damascus, in the presence of a number of officials from both sides. During the meeting, the two sides discussed a number of issues related to providing moderate fatwas that address people’s needs and various societal issues in a spirit of wisdom, moderation and facilitation. They stressed…
From filmmakers to authors, UAE-based voices reflect on stability, unity, opportunity, and why creativity keeps thriving in uncertain times Source: Khaleej Times
With the Eid Al Adha break shaping up to be one of the most travel-friendly long weekends of the year, UAE residents are locking in quick escapes and doing it fast. With the official public holiday starting from Tuesday, May 27 to Friday, May 30, residents with a Saturday–Sunday weekend can easily turn it into a six-day break. And that’s not all. For those looking to stretch it even further, adding just one day of annual leave on the Monday before the holiday can turn it into a nine-day trip, making it ideal for those longer getaways. But this time…
ABU DHABI, 12th May, 2026 (WAM) — Agthia Group PJSC today announced a strong performance for the first quarter of 2026, reflecting disciplined execution across its diversified portfolio, and its ability to maintain operational continuity amid external headwinds. Group Net Revenue rose 3.3% year-on-year to AED1.3 billion, EBITDA grew 4.1% to AED 193.3 million, while net profit increased 12.5% to AED 96.9 million, supported by disciplined execution, stronger margin delivery, and improving operating performance across key businesses. Results of the quarter were shaped by strong execution in core segments, continued progress across transformation projects, and the Group’s ability to respond…