Author: Editorial team

ABU DHABI, 23rd June, 2026 (WAM) — The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year. Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council (GCC). The listing marks the 24th ETF on the ADX, further cementing the exchange’s position as the most active and liquid ETF hub in the Middle East. This launch is the latest milestone in opening access to the GCC’s rapid economic expansion. By offering…

e& UAE has announced a new milestone with the successful deployment of 5G-Advanced (5.5G) connectivity at the world’s tallest hotel, Ciel Dubai Marina, in the heart of Dubai Marina. This deployment delivers ultra-fast, low-latency indoor connectivity. It positions the UAE at the forefront of global 5.5G innovation and reinforces e& UAE’s commitment to delivering world-class digital infrastructure for iconic landmarks. Abdul Rahman Al Humaidan, Senior Vice President of Access Network Development, e& UAE, said: “This latest achievement demonstrates our dedication to providing landmark destinations with world-class 5.5G infrastructure. This deployment supports richer guest experiences and more efficient connected operations, while reinforcing the…

Women entrepreneurs launching or growing a business in the UAE can now access a package of banking and business support benefits, including 12 months of waived maintenance fees, through a new initiative from RAKBANK. The lender’s “She Means Business” initiative waives monthly maintenance fees for up to a year for eligible women founders who open and activate a business account before December 10, 2026. The package is available to new customers operating as sole proprietors or individual LLCs and includes a zero-balance business account with no minimum balance requirement. Stay up to date with the latest news. Follow KT on…

AJMAN, 23rd June, 2026 (WAM) — The Department of Finance in Ajman held its 2026 Customer Council, reaffirming its commitment to fostering effective partnerships with customers and involving them in shaping future improvements that support the development of government services and enhance the customer experience. The council aligns with the Government of Ajman’s ongoing efforts to elevate and modernise government procurement procedures. The council brought together procurement officials from government entities across the emirate, providing an interactive platform for exchanging insights and exploring development opportunities to enhance the government procurement system and deliver added value to government entities as customers.…

A Dubai woman recently sold her wedding gold to begin building a collection of Hermès handbags, reflecting what one luxury reseller says is a growing trend among buyers seeking alternative ways to preserve wealth during uncertain economic times. According to Love Luxury, a designer resale business with stores in Dubai and London, demand from customers purchasing Hermès bags primarily as investments has risen significantly over the past year. “Over the last few months, we’ve noticed a new wave of clients who are entirely interested in making purchases to invest their money rather than as a fashion purchase,” said Adam Abraham,…

IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the Central Asia–based fintech company has developed a mobile-first financial ecosystem built around Shariah-compliant principles. Its platform integrates savings, investments, payments, and financial guidance within a single application, serving more than one million registered users and managing over $100 million in assets. The company has raised over $10 million from global investors and is targeting more than $250 million in assets by the end of 2026. IMAN’s expansion comes at…

PARIS, 23rd June, 2026 (WAM) — An exceptional edition of the Vision Golfe 2026 forum was held in Paris this week, bringing together more than 1,200 participants, five ministers and public and private sector leaders from France and all Gulf Cooperation Council (GCC) countries. The forum was held during a week that brought together some of the world’s most influential political, economic and technology leaders in Europe, providing a favourable environment for high-level dialogue and stronger engagement between France and the GCC. Business France, the national agency supporting the international development of the French economy and organiser of the forum,…

AJMAN, 23rd June, 2026 (WAM) — Sheikh Khalifa Medical City – Ajman (SKMCA), governed by The Medical Office, a subsidiary of PureHealth, the largest healthcare group in the Middle East, has been awarded Level 4 accreditation under National Patient Safety Friendly Hospital Initiative (PSFHI), which was launched by the Ministry of Health and Prevention (MOHAP) in collaboration with the World Health Organisation (WHO), representing the highest distinction within the international patient safety framework. This significant achievement marks a milestone for SKMCA. The accreditation followed a comprehensive PSFHI assessment of the hospital’s facilities and operations. The highest Level 4 accreditation demonstrates…

Damir Shaykhelislamov, Advanced Threat Protection Solutions Group Manager, Kaspersky, outlines the key relationship between threat intelligence and a security operations centre in this exclusive feature. Effective analysis starts with the essential questions “who, what, when, where, why and how” – that convert data into intelligence. In many ways, these same pillars define the discipline of Threat Intelligence (TI). What started as a niche task of collecting indicators of compromise has grown into a much broader discipline. Depending on the SOC, the work can range from simple feed ingestion and enrichment to deeper research, malware analysis and even producing original intelligence…

The Dubai Land Department (DLD) has launched Flexi Rent, a new initiative aimed at providing a more flexible and accessible rental solution for residents. The programme allows tenants renting through participating real estate companies to choose monthly, quarterly or annual payment plans, helping to ease upfront financial commitments. Khalid Al Shaibani, Director of the Rental Affairs Department at DLD, said the scheme was started to ease the financial pressure on residents and support their long-term community wellbeing. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Initially, the programme includes 12 developers based in the emirate,…