Author: Editorial team

DUBAI, 12th May, 2026 (WAM) — Following the strong success of the first phase of the Emirati Real Estate Business Incubator Programme, which saw significant interest from Emirati talent seeking to enter the real estate sector and establish UAE-led brokerage firms, Dubai Land Department (DLD) has announced the launch of the programme’s second phase. The new phase aims to attract 25 additional participants, reinforcing DLD’s ongoing commitment to empowering UAE nationals and strengthening their presence within the real estate sector. The second phase supports Dubai’s vision of building a diversified, knowledge-based economy driven by entrepreneurship and national talent. The programme…

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…

[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] The UAE has designated 21 individuals and entities on its Local Terrorist List over their links to Lebanon’s Hezbollah. The designation was issued pursuant to Cabinet Resolution No. 63 of 2026, under which the UAE Cabinet approved the inclusion of 16 individuals and five entities on the approved list of individuals and organisations supporting terrorism (Local Terrorist List), in accordance with the UAE’s relevant laws and regulations. The move forms part of the UAE’s ongoing efforts, both domestically and internationally, to disrupt…

DAMASCUS, 12th May, 2026 (WAM) — President of the Syrian Arab Republic, Ahmad Al Sharaa, today received Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, at the Presidential Headquarters in the People’s Palace, during his official visit to Damascus. Dr Al Zeyoudi headed a UAE delegation that included Noura bint Mohammed Al Kaabi, Minister of State at the Ministry of Foreign Affairs,Dr Omar Habtoor Al Derei, Chairman of the General Authority for Islamic Affairs, Endowments and Zakat, and Mohamed Alabbar, Founder of Emaar Properties and Eagle Hills, in addition to a number of senior officials, business leaders, and…

SHARJAH, 12th May, 2026 (WAM) — The Sharjah Consultative Council is holding its sixteenth session on Thursday, 14th May, at its headquarters in Sharjah. Held as part of the third regular session of the eleventh legislative term, the meeting will be chaired by Halima Humaid Al Owais, Chairman of the Council. The agenda for the meeting will include the council’s discussion of the draft law for 2026 on the regulation of the use of unmanned aerial vehicles (UAVs) in Sharjah. Attending the session from the Sharjah Civil Aviation Authority will be Sheikh Khalid bin Essam bin Saqr Al Qasimi, Sharjah…

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…

DUBAI, 12th May, 2026 (WAM) — Amlak Finance PJSC announced its quarterly financial results for the period ended 31st March 2026. The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet. During the period, Amlak reported a net profit after income tax of AED52 million, compared to AED28 million in the corresponding period of 2025, representing a quarter-on-quarter growth of 86%. Amlak’s total revenue for Q1 2026 increased by 8% to AED65 million, compared to AED60 million in the corresponding period of 2025. Revenue from financing and investing activities increased to AED30 million…

ABU DHABI, 12th May, 2026 (WAM) — The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework aimed at accelerating approvals, strengthening coordination and enhancing project delivery across Abu Dhabi’s capital projects ecosystem. Announced during the opening day of the Abu Dhabi Infrastructure Summit (ADIS) 2026, the framework brings together 14 government entities, including municipalities, utilities, energy providers, transport authorities and telecommunications operators, under a unified mechanism to support faster and more integrated infrastructure delivery across the emirate. The memorandum of understanding was signed in the presence of Suhail Mohamed Al Mazrouei, Minister of Energy…

The weather in the UAE on Wednesday, May 12, will be fair in general. Light to moderate northwesterly to southwesterly winds will blow with a speed of 10 km/hr to 25 km/hr, reaching 35 km/hr, according to the National Centre of Meteorology (NCM). The sea will be slight in the Arabian Gulf and in the Oman Sea. Stay up to date with the latest news. Follow KT on WhatsApp Channel Temperatures are set to rise to 37°C in Dubai and Sharjah. The emirates will see lows of 26°C and 23°C respectively. In Abu Dhabi, the mercury will range between 24°C…

The rise of individuals with personal brands and online following has been an unparalleled trend in the digital era. While the trend has exploded due to several factors, such as the rising consumption of digital media and technological advancements that have made it easier to create and share content, it has also shaped a whole new industry that now operates as part of the creator economy. “As the ecosystem grows, the total addressable market of the creator economy could roughly double in size over the next five years to $480 billion by 2027 from $250 billion today,” cites a 2023…