Author: Editorial team
SHARJAH, 6th May, 2026 (WAM) — Bank of Sharjah today announced its financial results for the three-month period ended 31st March 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last two years. The Bank recorded net profit of AED151 million, up 30% from AED116 million in 2025, while profit before tax increased 28% to AED166 million, reflecting strong revenue growth and disciplined execution across core businesses. Net operating income increased by 26% to AED241 million, while net interest income grew by 49% to AED215 million. Similarly, Total capital ratio increased by 410 bps to 17.9%, while…
The day on Thursday, May 7, will be fair in general and partly cloudy at times, the National Centre of Meteorology has said. Light to moderate Northwesterly becoming Southeasterly winds will blow, at a speed of 10 – 25 reaching 35 kmph. Temperatures could be as high as 43ºC in the country. Mercury is set to rise to 42ºC in Abu Dhabi and 41ºC in Dubai. However, temperatures could be as low as 26ºC in Abu Dhabi and 28ºC in Dubai and 21ºC in mountainous regions. Conditions at sea will be slight to moderate in the Arabian Gulf and slight…
Dubai Municipality has launched a first-of-its-kind lab in the UAE to detect foodborne viruses, marking a significant step forward in the emirate’s food safety infrastructure. The ViruGenetics Lab, established at Dubai Central Laboratory, uses advanced genomic technologies to process approximately 60 samples per day under normal conditions. This capacity can be ramped up to 100 samples in emergency situations, ensuring that the city is prepared for potential outbreaks or surges in food safety incidents. The facility delivers results within record turnaround times, accelerating inspections and supporting timely, data-driven decision-making based on reliable findings. This speed is critical when dealing with…
ABU DHABI, 6th May, 2026 (WAM) — Special Olympics UAE has announced the publication of a peer-reviewed scientific study in the internationally recognized medical journal, Frontiers in Oral Health, marking a significant milestone in inclusive health research and reinforcing the UAE’s global leadership in this field. Drawing on data collected through the Healthy Athletes programme, the study reflects a structured, institutional approach to leveraging field data to inform the development of specialized healthcare services for People of Determination, enhancing responsiveness to athletes’ needs and improving the quality of care provided. The research covers 656 athletes screened across 10 health events…
ABU DHABI, 6th May, 2026 (WAM) — TACTICA AI, an Abu Dhabi-based start-up, today introduced its multi-domain decision-support platform to a wider market during Make it in the Emirates 2026. At a time of increasing operational complexity and pressure to make faster, better-informed decisions, the platform is designed to transform fragmented intelligence, sensor, and operational data into real-time decisions. Already active in operational environments, TACTICA AI is believed to be the first publicly known platform of its type developed in the region, creating a new category of operational AI that goes beyond dashboards, data feeds, and analytics tools to support…
SHARJAH, 6th May, 2026 (WAM) — Sharjah Space and Astronomy Hub (SSAH) has achieved a major scientific milestone by successfully tracking the occultation of the dwarf planet, Haumea. In a rare astronomical event that cast its shadow across the UAE in the early hours of May 5, 2026, the team precisely captured the moment the dwarf planet obscured a distant star. The observation took place at exactly 12:11:23 a.m. UAE time, as the team documented the shift in the star’s brightness despite the significant challenge posed by its faintness, which ranged between magnitude 14 and 15. The field campaign was…
ABU DHABI, 6th May, 2026 (WAM) — 2PointZero Group, a leading Abu Dhabi-based investment holding firm, today signed a Memorandum of Understanding (MoU) with ISEM Packaging S.r.l. (ISEM), the Italy-headquartered packaging manufacturer, and KEZAD Group (KEZAD), part of AD Ports Group, to explore the establishment of a regional packaging manufacturing facility in Abu Dhabi. The MoU was signed at the Make it in the Emirates forum at ADNEC, Abu Dhabi, reflecting the alignment of the proposed facility with the United Arab Emirates’ industrial strategy and the In-Country Value (ICV) Programme administered by the Ministry of Industry and Advanced Technology. Through…
ABU DHABI,6th May, 2026 (WAM) – EDGE signed a Letter of Intent (LOI) with Nicomatic to establish a strategic cooperation framework for the local supply of advanced connector technologies at the Make it in the Emirates 2026. Witnessed by Hamad Al Marar, Managing Director and CEO, EDGE, the LOI was signed by Julien Nicollin, Group CEO, Nicomatic, and Ahmed Al Khoori, SVP, Strategy & Excellence, EDGE. Through this agreement, EDGE and Nicomatic will work towards enabling the local production and supply of high-performance connectors to ensure reliable signal and power transmission across advanced defence systems. By anchoring specialised capabilities within…
Jetour T2 SUV offered with every May purchase, aligned with Symbolic Zen Residences’ family-focused lifestyle Published: Wed 6 May 2026, 6:16 PM Symbolic Developments, in partnership with Elite Group Holding, the UAE distributor of Jetour, has introduced a new offering for buyers of its Symbolic Zen Residences project in Al Furjan. Under this initiative, customers purchasing a home between May 1 and May 31, 2026, will receive a Jetour T2 SUV with their purchase. The initiative was announced following a signing ceremony held in Dubai. Symbolic Zen Residences is the third in a series of developments by Symbolic Developments, designed…
A routine blood test at Cleveland Clinic Abu Dhabi has helped doctors uncover hidden inherited cancer risk across an entire family, identifying multiple relatives who had no symptoms, no diagnosis and no idea they carried potentially life-changing genetic mutations. In one of the most unusual cases seen by the hospital’s hereditary high-risk team, specialists discovered that both parents in the same family were carriers of two completely different cancer-causing gene mutations. Further testing later revealed at least three relatives who were completely healthy but had inherited the mutations, while one daughter was found to carry both genes, putting her at risk for…