Author: Editorial team
SHARJAH, 11th June, 2026 (WAM) — The Sharjah Sports Council (SSC) and the University of Kalba (UKB) explored avenues for cooperation during a joint meeting at the university. A delegation from the Council, led by Sheikh Dr. Khalid bin Humaid Al Qasimi, the Council’s Chairman, and comprising Dr. Abdullah Mohammed Al Malih, Dr. Omar Hassan bin Hanifa, Dr. Saif Ahmed Al Zaabi, and Khalid Mohammed, Head of the Public Relations Department at the Government Communication Department, visited the university. They were received by Professor Dr. Najwa Mohammed Al Hosani, the University Director, and Professor Dr. George Nassis, the Vice Director…
BenQ Middle East, a global innovator in display and collaboration technology, has officially launched the new BenQ Board RP05 in the Middle East, an AI-ready interactive whiteboard designed to transform classrooms, lecture halls, and modern learning environments. Building on the success of the award-winning RP04 Series, the RP05 introduces a next-generation AI-powered architecture, enhanced processing capabilities, and an integrated collaboration ecosystem that supports the evolving needs of schools, universities, and educational institutions across the region. Powered by Android 15 and equipped with a powerful 10 TOPS Neural Processing Unit (NPU), the RP05 is engineered for future-ready AI applications, enabling faster…
DUBAI, 10th June, 2026 (WAM) — Dubai Islamic Bank (DIB), rated A3 by Moody’s and A by Fitch, has successfully priced a US$1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250 percent, equivalent to a reset spread of 191.10 basis points over the interpolated US Treasury rate. The transaction reflects strong investor confidence in DIB’s robust credit fundamentals, resilient profitability, and prudent capital management framework. Executed against a challenging geopolitical backdrop, the issuance attracted significant demand from regional and international investors, reaffirming the bank’s credit strength and strategic market positioning. DIB successfully raised US$1…
RAS AL KHAIMAH, 10th June, 2026 (WAM) — Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem. The partnership was formalised during a signing ceremony at Compass Coworking Centre between MBRIF Head Shaker Zainal and RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed. The collaboration reflects a shared commitment to helping innovative businesses access funding support, ecosystem connections, and growth opportunities that enable long-term scalability and…
PRAGUE, 10th June, 2026 (WAM) — Etihad Credit Insurance (ECI), the UAE’s federal export credit company, and Export Finance Australia (EFA), Australia’s export credit agency, have signed a Memorandum of Understanding to strengthen cooperation in advancing trade and investment between the UAE and Australia across key economic sectors. The signing ceremony took place during TXF Global in Prague, a leading international conference for export finance. The MoU was signed by Raja Al Mazrouei, Chief Executive Officer of ECI, and John Hopkins, Managing Director and Chief Executive Officer of EFA. “Australia is a valuable partner for the UAE, with whom we…
BERLIN, 11th June, 2026 (WAM) — Friedrich Merz, Chancellor of the Federal Republic of Germany, visited the Emirates A380 at the opening of ILA Berlin 2026. The German Chancellor was officially welcomed by Sir Tim Clark, President Emirates Airline, and Volker Greiner, Emirates Vice President for North & Central Europe. Emirates also welcomed Kai Wegner, Governing Mayor of Berlin, and Dr. Dietmar Woidke, Minister-President of Brandenburg, onboard the A380 to tour the aircraft. The Emirates A380 is a major visitor attraction this year and is set to welcome numerous industry and trade visitors as well as high-ranking national and international…
ABU DHABI, 11th June, 2026 (WAM) — Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of the KEZAD SME Hub, a purpose-built business platform for small and medium enterprises (SMEs). The SME Hub marks the group’s first-of-its-kind development designed to support SMEs in establishing and scaling their operations in the emirate. Scheduled for handover before the end of this year, and located in KEZAD A (KEZAD Al Ma’mourah), the 25,260 square metre KEZAD SME Hub is designed as a practical bridge between…
DUBAI, 11th June, 2026 (WAM) — Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised a workshop in cooperation with the Ministry of Climate Change and Environment (MOCCAE). The session aimed to raise awareness of best practices in Environmental, Social, and Governance (ESG) reporting and expand their adoption across the business community. Hosted by the chamber’s Centre for Responsible Business, the workshop highlighted the importance of accelerating the adoption of sustainability reporting requirements and ensuring companies can keep pace with the latest developments in regulatory frameworks. It also focused on supporting…
ABU DHABI/MADRID, 11th June May, 2026 (WAM) — Abu Dhabi Future Energy Company – Masdar, a global renewable energy leader, and Repsol, an energy company that provides solutions for all its customers’ energy needs, have signed an agreement for Masdar to acquire a 49.99% stake in a renewable energy portfolio in Spain. The transaction values the portfolio at €849 million. The portfolio comprises 705 megawatts (MW) of operational capacity, including 13 wind farms (402 MW) and six photovoltaic solar parks (303 MW), all of which entered operation in 2025 and the first quarter of 2026. Additionally, the portfolio includes more…
DUBAI, 11th June May, 2026 (WAM) — flydubai has announced the launch of a new daily service to Pokhara International Airport (PHH), marking its second destination in Nepal. The direct flights will commence on 23rd September 2026, operating from Terminal 3 at Dubai International (DXB). With the start of daily flights to Pokhara, Nepal’s second-largest city and tourism capital, flydubai becomes the first carrier to service this vital route directly from the United Arab Emirates. The announcement marks a significant expansion of flydubai’s presence in Nepal, where it has successfully operated since 2009 and carried approximately four million passengers to…