Author: Editorial team

ABU DHABI, 6th May, 2026 (WAM) — IHC, a global investment company focused on building dynamic value networks, today announced its financial results for the first quarter of 2026. The Group reported Revenue of AED31.4 billion, up 33.2% year-on-year, and Profit After Tax of AED8.2 billion, an increase of 98.5%, driven by strong operating performance, investment income, and disciplined execution across the portfolio. In Q1 2026, IHC maintained strong momentum across its diversified portfolio, translating growth into enhanced profitability and reinforcing its position as an active investor-operator. Performance was supported by broad-based contributions across core segments, margin expansion, continued portfolio…

When Rihanna stepped into Antilia for an intimate lunch with the Ambani family, the Internet saw a global superstar wrapped in marigolds and sunlight. In one frame, she is mid-laugh, showered in flower petals, bathed in a soft yellow glow that feels almost too ‘Bollywood’ to be real. For the man behind the lens, however, the moment was less about its “viral” potential and more about what it truly captured: a global icon slipping, effortlessly, into the heart of an Indian celebration. Himanshu Patel, founder of Epic Stories, had already documented one of the Ambani family’s most significant milestones during…

SHARJAH, 6th May, 2026 (WAM) — Sharjah Space and Astronomy Hub (SSAH) has achieved a major scientific milestone by successfully tracking the occultation of the dwarf planet, Haumea. In a rare astronomical event that cast its shadow across the UAE in the early hours of May 5, 2026, the team precisely captured the moment the dwarf planet obscured a distant star. The observation took place at exactly 12:11:23 a.m. UAE time, as the team documented the shift in the star’s brightness despite the significant challenge posed by its faintness, which ranged between magnitude 14 and 15. The field campaign was…

ABU DHABI, 6th May, 2026 (WAM) — The UAE Cybersecurity Council (CSC) and Rilian have announced a strategic collaboration aimed at enhancing cybersecurity resilience across Operational Technology (OT) environments within critical infrastructure and industrial sectors in the Emirates. The collaboration aligns with national efforts to strengthen the security of industrial control systems and other OT environments, with a focus on improving visibility, enhancing threat detection, and supporting the protection of critical assets across different sectors. This groundbreaking new public-private collaboration moves beyond a traditional partnership to include the establishment of a joint Innovation and Excellence Centre (CoE) in Abu Dhabi.…

ABU DHABI, 6th May, 2026 (WAM) — The United Arab Emirates has condemned in the strongest terms the statement issued by the Iranian Ministry of Foreign Affairs, reaffirming its categorical rejection of any allegations or threats targeting its sovereignty, national security, or independent decision-making. In a statement, the Ministry of Foreign Affairs (MoFA) stressed that the UAE’s international relations and defence partnerships are an exclusively sovereign matter, and that no party has the right to use them as a pretext for threats, interference, or incitement. The Ministry emphasised that any rhetoric involving direct or indirect threats to the country’s security,…

Stay up to date with the latest news. Follow KT on WhatsApp Channels The emirate reported continued expansion in industrial activity, with 532 licences issued in 2025, up 17 per cent on 2024, and 3,354 licences renewed, up 7 per cent. Total licences reached 3,886, reflecting overall growth of 8 per cent. The Sharjah FDI Office (Invest in Sharjah) highlighted broader economic strengths that support investment, including sector diversity, balanced growth, skilled labour, and a focus on key areas such as healthcare, education, and services. Infrastructure, logistics capabilities and integration between free zones and the local market were also cited…

Dubai Municipality has launched a first-of-its-kind lab in the UAE to detect foodborne viruses, marking a significant step forward in the emirate’s food safety infrastructure. The ViruGenetics Lab, established at Dubai Central Laboratory, uses advanced genomic technologies to process approximately 60 samples per day under normal conditions. This capacity can be ramped up to 100 samples in emergency situations, ensuring that the city is prepared for potential outbreaks or surges in food safety incidents. The facility delivers results within record turnaround times, accelerating inspections and supporting timely, data-driven decision-making based on reliable findings. This speed is critical when dealing with…

ABU DHABI, 6th May, 2026 (WAM) — During Make it in the Emirates 2026, ROX announced a strategic agreement with Khalifa Economic Zones Abu Dhabi – KEZAD Group to establish the Middle East’s first Advanced AI Manufacturing Centre, supporting the UAE’s ambition to become a global hub for intelligent manufacturing and exports. As a global AI technology company, ROX integrates advanced new energy technologies with the UAE’s distinctive approach to luxury and outdoor lifestyles. The brand has emerged as a strong contender in the luxury all-terrain SUV segment across the UAE and wider MENA region. With KEZAD Group’s world-class industrial…

ABU DHABI, 6th May, 2026 (WAM) — TACTICA AI, an Abu Dhabi-based start-up, today introduced its multi-domain decision-support platform to a wider market during Make it in the Emirates 2026. At a time of increasing operational complexity and pressure to make faster, better-informed decisions, the platform is designed to transform fragmented intelligence, sensor, and operational data into real-time decisions. Already active in operational environments, TACTICA AI is believed to be the first publicly known platform of its type developed in the region, creating a new category of operational AI that goes beyond dashboards, data feeds, and analytics tools to support…

SHARJAH, 6th May, 2026 (WAM) — Bank of Sharjah today announced its financial results for the three-month period ended 31st March 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last two years. The Bank recorded net profit of AED151 million, up 30% from AED116 million in 2025, while profit before tax increased 28% to AED166 million, reflecting strong revenue growth and disciplined execution across core businesses. Net operating income increased by 26% to AED241 million, while net interest income grew by 49% to AED215 million. Similarly, Total capital ratio increased by 410 bps to 17.9%, while…