Author: Editorial team

DUBAI, 6th July, 2026 (WAM) — Standard Chartered global research on Monday announced its latest economic analysis, forecasting stronger momentum in UAE business activity during the third quarter of 2026. The bank’s analysis indicates that the UAE’s June S&P Global Purchasing Managers’ Index (PMI) remained above the 50 threshold, signalling continued expansion in non-oil activity. Positive non-oil growth appears to be driven by domestic consumption and investment, while the external sector is expected to gradually recover as regional trade flows normalise. Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered, said, “The UAE’s latest PMI reading…

An industrial facility in Abu Dhabi has been fined Dh25,000 for failing to implement the required measures to limit air emissions and prevent dust dispersion, according to the Environment Agency – Abu Dhabi (EAD). The administrative penalty was issued as part of the agency’s efforts to enforce environmental regulations and ensure compliance across industrial operations in the emirate. EAD said the facility violated environmental requirements aimed at controlling air pollution and reducing dust spread. Dust can affect air quality and public health. The agency reiterated its commitment to conducting routine inspections and monitoring activities to ensure that industrial establishments adhere…

At Paracelsus Recovery, I often sit across from people who have everything you could ever imagine needing, and yet that ‘safety-net’ does not seem to save them from pain. In most cases, it exacerbates it. In fact, a pattern I see time and time again is this: someone with more money and time than most of us could imagine, who is free from the grinding obligation that exhausts so many of us, and yet they are trapped in a depression they can’t shake and a relationship with substances that has taken hold of their life. They know it makes no…

ABU DHABI, 6th July, 2026 (WAM) — The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has officially announced the dates and theme for the second edition of the Public Art Abu Dhabi Biennial (PAAD). The opening in Al Ain will take place on 23rd October 2026, followed by the opening in Abu Dhabi on 15th November 2026, collectively transforming public spaces across both locations into active sites of artistic expression and community engagement. Under the artistic direction of Elvira Dyangani Ose, former Director of the MACBA (Museu d’Art Contemporani de Barcelona), the second edition is structured…

Hadi Anwar. CPX wins UAE Empowerment Initiative of the Year as CEO Hadi Anwar is named National Cybersecurity Leader of the Year. CPX Holding, a trusted provider of comprehensive cyber and physical security solutions, has secured two prestigious accolades at the GovTech Innovation Forum and Awards 2026, hosted by CPI Media Group. The firm received the UAE Empowerment Initiative of the Year award, while Chief Executive Officer Hadi Anwar was named National Cybersecurity Leader of the Year. The company  was recognised for UAEComply.360°, a national enabler that operationalises cybersecurity at scale, transforming regulatory compliance into a measurable driver of resilience.…

Master developer Arada has launched Arada Capital, a new fund management platform targeting $5 billion in assets under management (AUM) within four years, as it seeks to channel institutional capital into real estate and infrastructure opportunities across the GCC. The platform, which will be headquartered in Abu Dhabi Global Market (ADGM), has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) and is seeking final regulatory approval to operate as a licensed fund manager. Once licensed, Arada Capital will offer institutional and qualified investors direct access to Arada’s development pipeline as well as broader investment opportunities across the…

Fans of the Wizarding World will be able to experience two Harry Potter films with live orchestral accompaniment when the official Harry Potter Film Concert Series returns to Abu Dhabi next year. The concert series will return to Etihad Arena on Yas Island on February 5 and 6, 2027, bringing Harry Potter and the Prisoner of Azkaban and Harry Potter and the Goblet of Fire to audiences as a double feature for the first time in the UAE. During each performance, the films will be shown on a 40 foot screen while the UAE National Orchestra performs the complete scores…

ABU DHABI, 6th July, 2026 (WAM) — The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED1,820,000 on a branch of a foreign bank licensed to operate in the UAE, pursuant to the provisions of the Federal Decree-Law No. (6) of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance Business. The financial sanction was imposed following examinations conducted by the CBUAE, which revealed the branch’s failure to issue a liability letter within the mandated seven-day period, thereby violating the CBUAE’s Market Conduct and Consumer Protection Regulations and Standards. The CBUAE, through its…

OMODA & JAECOO continues strengthening its position as one of the world’s fastest-growing intelligent mobility brands after recording another month of exceptional global sales growth while accelerating the rollout of advanced intelligent driving technologies destined for the UAE. The company delivered 75,102 vehicles globally in June 2026, representing a 178% year-on-year increase and marking the second consecutive month that monthly sales have exceeded the 75,000-unit milestone. New Energy Vehicle (NEV) sales reached 56,188 units, up approximately 310% compared with the same period last year. During the first half of 2026, OMODA & JAECOO achieved cumulative global sales of 379,110 vehicles,…

The families of seven workers who lost their lives in a recent crash on Dubai’s Emirates Road, have begun receiving financial assistance announced by Dubai-based Indian billionaire Dr Shamsheer Vayalil. Representatives travelled across villages in India and Sri Lanka to personally hand over the support. The humanitarian assistance is part of a Dh1-million rehabilitation programme announced for the victims’ families. Under the initiative, each family of the deceased workers is receiving Dh100,000 (around Rs2.6 million). Education support for their children is also being planned. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Representatives visited the…