Author: Editorial team
ABU DHABI, 29th June, 2026 (WAM) — The Ministry of Foreign Affairs (MoFA) announces that UAE nationals will be permitted to travel to the sisterly Lebanese Republic effective Monday, June 29, 2026. The Ministry emphasises that registration in the Twajudi service is mandatory prior to travel. UAE nationals will not be permitted to depart through the country’s ports of exit until registration is complete. Failure to register may result in the suspension of travel procedures and legal accountability. UAE nationals must provide all required Twajudi information, including their place of residence in Lebanon and emergency contact details, notify the Ministry…
The UAE’s pharmaceutical authority is planning to incorporate AI into regulating and registering medication, the Emirates Drug Establishment (EDE) announced on Monday, June 29. During a meeting of the AI Agenda Committee, officials discussed progress on the transition to Agentic AI in pharmaceutical regulation. This includes application of Agentic AI across medicine registration, regulatory oversight, inspections and pharmaceutical supply chains, in addition to strengthening data integration and developing performance indicators. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Members also reviewed plans to enhance regulatory operations to strengthen drug security and improve preparedness for global developments. Chaired by Saeed…
ABU DHABI, 29th June, 2026 (WAM) — Hub71 startup, Maalexi, an Abu Dhabi-based agricultural trade technology company has signed a strategic alliance agreement with RXIL Global IFSC Limited (RXIL Global), an International Trade Financing Services (ITFS) platform regulated by the International Financial Services Centres Authority (IFSCA) in India. The alliance aims to improve access to trade finance for cross-border agricultural transactions involving Indian exporters, particularly small and medium-sized enterprises (SMEs). By combining Maalexi’s trade execution capabilities and supply chain network with RXIL Global’s financing platform, the two companies will explore opportunities to facilitate financing for eligible agricultural trade transactions in…
“Agentic AI could cause considerable job losses as routine knowledge-work tasks are automated, making reskilling and workforce redeployment an urgent board-level priority”, Khanna said. “The companies most admired a decade from now will use AI to move people into higher-value work, rather than simply cutting headcount”. The report warns agentic AI, governance failures and workforce disruption will reshape enterprise strategy. Enterprise AI is now a board-level execution test. The report sets out a clear message for enterprise leaders: the AI race is moving from experimentation to execution. Peak State Consulting says the companies that win will be those that can…
ZHAMBYL REGION, Kazakhstan, 29th June, 2026 (WAM) — Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today formally broke ground on its 1-gigawatt (GW) wind farm in the Zhambyl region of Kazakhstan. The wind farm is Masdar’s first renewable energy development in Kazakhstan and one of the largest integrated wind and battery storage projects in Central Asia, representing investment of US$1.4 billion. It features a 600-megawatt-hour (MWh) battery energy storage system (BESS) to support grid stability. The project is being led by Masdar, and co-developed with W Solar, Qazaq Green Power, a Samruk-Kazyna Fund company,…
ABU DHABI, 29th June, 2026 (WAM) — Al Masraf (Arab Bank for Investment and Foreign Trade) has announced the launch of its new corporate identity, marking a new phase in its journey built on trust, expertise and long-standing relationships. The new identity reflects the Bank’s ambition to deliver proposition-driven, people-centric capabilities that are tailored to the relationships we share with our clients. Al Masraf officially unveiled its renewed corporate identity during a special launch event held at its Head Office in Abu Dhabi. The event was attended by Mohamed Saif Al Suwaidi, Chairman of the Board of Directors; Farhat Omar…
The embassy of India in Abu Dhabi and the Consulate General of India in Dubai will continue to provide only emergency consular services until July 1, extending an earlier advisory issued as part of an ongoing administrative transition. In a fresh announcement on Monday, June 29, the mission said emergency services for passport, visa, attestation, and other consular matters will remain available, while regular services continue to be temporarily suspended. The embassy added that details on the resumption of normal services from July 2 onwards will be announced separately through its official communication channels. Stay up to date with the…
When I moved to the UAE ten years ago, I knew very little about the place I would come to call home, and when people would ask me to describe it, I was often at a loss for words. How should I speak of it without falling into stereotypes, repeating the well-worn tropes of futurism, ease and prosperity that everyone pushes? I admit to being personally less interested in musings about the future than I am in the excavation of the past. History has always held a fascination for me. In a sense, Sheikha Bodour Al Qasimi’s memoir Let Them…
ABU DHABI, 29th June, 2026 (WAM) — XRG and Eni have each signed agreements with YPF for the acquisition of a 32% interest in three upstream blocks, with YPF retaining the remaining 36%. Completion of the transactions remains subject to customary regulatory approvals. The upstream blocks are expected to form a core part of the integrated 12 million tonnes per annum (MTPA) ARGENTINA Liquified Natural Gas (LNG) project, complementing XRG’s previously announced joint development agreement with YPF and Eni, and advancing key project components in line with the development plan. For XRG, the proposed investment supports its strategy to build…
ABU DHABI, 29th June, 2026 (WAM) — The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across all sectors of its operations, while the Authority further strengthened engagement with taxable persons through its innovative digital channels. FTA’s 2025 Annual Report, published on its website, highlights its achievements and operational results across all sectors of operation, as well as…