Author: Editorial team

UAE

ABU DHABI, 7th May, 2026 (WAM) — Agthia Group PJSC reinforced its role as a national F&B champion at Make it in the Emirates 2026, showcasing the strength of its UAE manufacturing footprint, integrated supply capabilities and long-term commitment to supporting the country’s sustainability and industrial development ambitions. As part of its presence at MIITE 2026, Agthia signed a strategic Memorandum of Understanding with Borouge, one of the UAE’s leading petrochemicals companies, to advance sustainable packaging solutions, with a focus on supporting local polymer supply, strengthening In-Country Value, and exploring smarter sourcing models. The partnership will enable technical exchange, data…

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UAE

Sheikh Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy Prime Minister, and Chairman of the Presidential Court, issued Decision No. (4) of 2026 concerning the formation of the National Committee for the Documentation of Acts of Aggression, International Crimes, and Resulting Damages, in a step that reflects the UAE’s institutional approach to documenting violations in accordance with the highest legal and technical standards. The decision stipulates that the committee shall be chaired by the UAE Attorney General and tasked with documenting Iranian acts of aggression, international crimes, and the resulting damages affecting the territory of the state,…

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AJMAN, 7th May, 2026 (WAM) — In line with its strategic approach focused on innovation, zero bureaucracy principles, and advancing digital transformation in the Emirate of Ajman, the Department of Finance has launched the ”Mawjoodat” system. Mawjoodat is an integrated smart digital platform for government asset management. The system represents one of the latest technological solutions designed to enhance the efficiency of managing government resources while achieving the highest levels of transparency and sustainability in institutional performance. This initiative aligns with the Department’s strategic objectives to empower government entities to improve the management of both physical and digital assets, with…

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ABU DHABI, 7th May, 2026 (WAM) – The UAE Research Program for Rain Enhancement Science (UAEREP) participated in the Weather Modification Association (WMA) Annual Meeting 2026, which took place from 27 April to 1 May 2026 in Reno, Nevada, United States. The event brought together leading scientists, researchers, and practitioners to exchange knowledge and advance research and operational practices related to weather modification. UAEREP took part in the meeting through the active engagement of its four awardees, who delivered high quality scientific presentations across key technical sessions. UAEREP supported the event as a sponsor, enhancing the programme’s visibility throughout the…

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UAE

RAS AL KHAIMAH, 7th May, 2026 (WAM) — Ras Al Khaimah Economic Zone (RAKEZ) signed two strategic agreements – with MAGRABi Retail Group and Mighty Industrial Park – during the 5th edition of Make it in the Emirates (MIITE), held at ADNEC Centre in Abu Dhabi, reinforcing the emirate’s growing position as a competitive hub for industrial investment and advanced manufacturing. The agreements reflect increasing investor confidence in Ras Al Khaimah’s industrial ecosystem and its ability to support long-term, scalable manufacturing operations. The first agreement, represented by MAGRABi Retail Group CEO Yasser Taher, aims to establish a Store Manufacturing Centre…

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UAE

The move towards provisional liquidation of Dubai-based food conglomerate IFFCO is emerging as one of the Gulf’s most significant corporate distress stories in recent years, exposing how debt, geopolitical shocks and supply-chain disruptions can destabilise even long-established regional business groups. Founded in 1975, IFFCO grew into one of the Middle East’s largest privately held FMCG and agri-business companies, with operations spanning edible oils, packaged foods, logistics, manufacturing and distribution across more than 50 countries. The group owns several well-known regional brands, including London Dairy, Tiffany and Noor. Stay up to date with the latest news. Follow KT on WhatsApp Channels.…

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From red carpets to fragrance campaigns, Syrian actor Bassel Khaiat is deepening his ties with luxury house Dior. The actor has officially been named the new fragrance ambassador for Dior Beauty in the Middle East, expanding a relationship that has already seen him front the brand’s menswear division in the region since 2024. “Becoming a beauty ambassador for Dior feels like stepping into a legacy of timeless confidence,” the actor told GQ Middle East. “It’s about how you carry yourself, and Dior understands that on a deeper level. Being a Dior ambassador is about owning your presence, quietly, confidently, and…

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DUBAI, 7th May, 2026 (WAM) — Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has signed a strategic Memorandum of Understanding (MoU) with Dubai Economic Development Corporation (DEDC) to strengthen the export ecosystem of the emirate by providing export credit insurance and comprehensive trade risk mitigation solutions to Dubai-based manufacturers. This agreement, signed during ‘Make It In The Emirates’ 2026 at Abu Dhabi National Exhibition Centre, marks a significant step toward empowering local exporters to expand into new international markets. This aligns with the D33 Agenda’s goal of doubling the size of Dubai’s economy over the next decade…

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DUBAI, 5th May, 2026 (WAM) — Dubai Police have announced the fourth edition of the “Positive Spirit Cycling Race,” set to take place on Saturday, 9 May, at Dubai Autodrome, with prizes totalling AED90,000. Open to men, women, and children aged five and above, the race offers a unique opportunity for participants of all fitness levels to come together, stay active, and enjoy a lively community atmosphere. Organised under the Positive Spirit Council initiative, the event aims to promote a healthy lifestyle and strengthen community engagement through sport. Cyclists will compete in a fast-paced 10 km race following the “criterium”…

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ABU DHABI, 7th May, 2026 (WAM) — Emirates Development Bank (EDB), in partnership with Zelo, an ADGM-regulated private financing platform and IHC subsidiary, has launched an AED350 million financing programme to accelerate payments on approved Government and Government Related Entity (GRE) invoices. Announced as part of EDB’s participation in Make it in the Emirates, the initiative supports the UAE’s industrial growth ambitions by enabling SMEs to strengthen cash flow, scale operations, and play a greater role in national supply chains. The programme provides SMEs with up to 95 percent of the approved invoice value within 24 hours, helping address working…

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