Author: Editorial team

In Parkin’s first expansion outside Dubai, the company will soon manage parking at the Aljada community in Sharjah, following the signing of a long-term agreement with Arada Developments LLC. Under the agreement, the company will serve as the sole parking operator across the mixed-use project, encompassing on-street, off-street, and building parking facilities in residential, retail, and commercial areas. In total, up to 9,900 parking spaces are expected to be rolled out in phases between 2026 and 2030. The on- and off-street component will account for around 3,500 spaces, with about 1,400 expected to be operational by the start of the…

DUBAI, 5th May, 2026 (WAM) — Dubai Chambers, in cooperation with the Ministry of Economy and Tourism and the Indian Business and Professional Council, organised a special family business forum on Monday aimed at exploring ways to support the sustainability of family enterprises. The session focused on strengthening governance capabilities and encouraging the adoption of international best practices among the Indian family business community in Dubai. Held in the presence of Abdulla bin Touq Al Marri, Minister of Economy and Tourism, and Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, the forum highlighted the significance of Federal Decree…

Abu Dhabi — SlashData, a UAE-based technology company specializing in building national-scale digital platforms that connect the public and private sectors, has announced a strategic partnership with Fidelity United. The partnership will improve how motor insurance data is accessed and used across the UAE through the adoption of Mulem, marking a significant step in advancing the insurance sector.  Through this partnership, Fidelity United will use Mulem, SlashData’s digital integration platform, to securely access vehicle, driver, and accident data. Mulem bridges the data gap by allowing insurers to connect multiple private and public data sources through a single platform. This access reduces duplication, accelerates…

A new reverse osmosis desalination station with a daily production capacity of 60 million gallons will be built in the UAE to strengthen water supply across the northern emirates and support the country’s long-term water security goals. Etihad Water and Electricity, NMDC Infra and Lantania signed the Engineering, Procurement and Construction agreement for the project at the International Holding Company pavilion during the Make it in the Emirates event on Tuesday. The signing ceremony was attended by Engineer Muhammad Al Sheghi, CEO of NMDC Infra; Pedro Almagro, CEO of Lantania; and Niels de Bruyn, CEO of NMDC. More to follow…

ABU DHABI, 5th May, 2026 (WAM) — AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, signed a Memorandum of Understanding (MoU) with CMA Terminals Khalifa Port container terminal and CMA CGM Group, a global player in sea, land, air and logistics solutions, to develop efficient intermodal solutions and extend inland reach across the UAE and wider region, through AD Ports Group’s consolidated inland intermodal network. Under the MoU, the three partners intend to cooperate to anchor cargo flows across AD Ports Group’s consolidated network of rail-linked inland container depots, dry ports, and…

AL AIN, 5th May, 2026 (WAM) — H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, has reviewed ongoing efforts to protect groundwater resources and strengthen water security in the region through strategic initiatives aimed at optimising water consumption, using the latest modern irrigation solutions and technologies, and advancing plans to reuse treated water for industrial purposes. The meeting took place during H.H. Sheikh Hazza bin Zayed’s reception of a delegation from Environment Agency – Abu Dhabi (EAD), led by Dr Shaikha Salem Al Dhaheri, Secretary-General of EAD, to discuss current and future projects and initiatives…

DUBAI, 5th May, 2026 (WAM) — The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) has announced the financial results of the assets of minors and incapacitated individuals under its management, which reached AED1.48 billion by the end of 2025, marking a 17.4% increase compared to 2024. The announcement was made during the review of the Financial Affairs Department’s report at Awqaf’s 14th Board meeting of 2026. The meeting was chaired by Essa Al Ghurair, Chairman of Awqaf Dubai, in the presence of Ali Mohammed Al Mutawa, Secretary-General of Awqaf Dubai, Board members, and directors of organisational units. The…

Meta Platforms recently completed its purchase of Assured Robot Intelligence, a startup developing AI models for robots, as part of a major initiative focused on building humanoid technology. A representative for Meta told Mobile World Live it closed the acquisition on the 1st of May 2026. Financial terms were not disclosed. “We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict and adapt to human behaviours in complex and dynamic environments”, Meta stated. The representative explained the Assured Robot Intelligence “will bring a deep expertise in how we can design…

[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] A fragile ceasefire between the US and Iran was brought into question on Monday, May 4, after Iran launched fresh attacks on the UAE. The long-awaited deal was brokered on April 8 — 40 days after the US, Israel and Iran traded fire in what they called preemptive and retaliatory aerial strikes. World leaders have since condemned the severe escalation in hostilities in the Middle East, which occurred during a week both Iran and the US had ramped up their war rhetoric…

Manish Malhotra turned his second Met Gala outing into a heartfelt love letter to Mumbai and the people behind his label, walking the carpet in a black bandhgala and an intensely worked, architectural cape that quite literally carried his ‘work family’ with him. The designer took to his social media to share, “Fashion is Art/Artisan. Our atelier at The Met.” In his words, the ensemble was meant to be “deeply personal” and an ode to Mumbai, the city that has shaped his journey, his cinema and his design language, and of the atelier that translates his vision into clothes.  For…