Author: Editorial team

DUBAI, 3rd May, 2026 (WAM) — The Dubai Department of Economy and Tourism (DET) will showcase the emirate’s advanced, future-ready manufacturing ecosystem at the Dubai Pavilion during ‘‘Make it in the Emirates 2026’,’ the fifth edition of the UAE’s flagship industrial forum, taking place from 4–7 May at ADNEC Centre Abu Dhabi. The participation comes at a time when Dubai continues to demonstrate operational continuity and economic resilience, reinforcing its position as a stable and globally connected industrial hub. Held under the theme ‘Advanced Industry. Emerging Stronger’, the forum reflects the UAE’s commitment to building a sustainable, technology-driven industrial base…

SEOUL, 3rd May, 2026 (WAM) — Industrial sources in South Korea reported today that the founding family of the Samsung Group has completed the payment of inheritance taxes amounting to approximately 12 trillion won ($8 billion) on the assets left by the late Chairman Lee Kun-hee. These payments, which were scheduled to be settled over a five-year period starting from 2021, mark the conclusion of one of the largest inheritance tax obligations in South Korean history. According to the sources, Lee Jae-yong, the late chairman’s only son, along with other heirs, funded the tax burden by selling additional shares in…

The weather in the UAE on May 4, 2026, is set to be fair in general, according to the National Centre of Meteorology (NCM). Residents can expect a decrease in temperatures in general on Monday. Here are the highs and lows in Abu Dhabi, Dubai and Sharjah as predicted by the NCM. Abu Dhabi: High — 39°C; low — 25°C. Dubai: High — 38°C; low — 25°C Sharjah: High — 38°C; low — 24°C Stay up to date with the latest news. Follow KT on WhatsApp Channels Light to moderate northwesterly to southwesterly winds will blow with a speed of…

ABU DHABI, 3rd May, 2026 (WAM) — Omar Al Nuaimi, ADNOC’s Acting Group Chief, Commercial and ICV, stated that ADNOC is moving into a new phase of accelerated, world-scale delivery to meet rising global energy demand. ”ADNOC is proud to continue reinforcing our role as a catalyst of the UAE’s industrial growth and an enabler of the Make it in the Emirates initiative,” he told the Emirates News Agency (WAM) on the sidelines of ‘Make it With ADNOC’ Forum, held ahead of the Make it in the Emirates 2026. ”As part of this effort, we announced today at the ‘Make…

ABU DHABI, 3rd May, 2026 (WAM) — The National Centre of Meteorology (NCM) stated that May is considered one of the months of the first transition period (spring) between winter and summer. ”During this month the apparent movement of sun continue to move north of the equator where daytime gradually increases in the northern hemisphere which lead to a gradual increase of air temperature over most parts of the country during this month,” said the NCM in its May climate summary. During this month, it noted, the effect of Siberian high pressure weakens while depressions affect the area from east…

ABU DHABI, 3rd May, 2026 (WAM) — Khalifa Fund for Enterprise Development (KFED) is participating in ‘Make it in the Emirates’ 2026, held under the theme ‘Emerging Stronger’, at ADNEC Centre Abu Dhabi from May 4 to 7, 2026. This participation reflects KFED’s ongoing commitment to strengthen the entrepreneurship ecosystem, empower startups and small and medium-sized enterprises (SMEs), and make meaningful inroads in advancing the industrial sector and boosting its competitiveness. Through a range of evolving programmes, initiatives, and strategic partnerships showcased during the event, KFED reaffirms its commitment to deliver effective programs that empower national ventures and connect them…

DUBAI, 3rd May, 2026 (WAM) — His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the primary tunnelling works for the Dubai Metro Blue Line project, which involves an investment of over AED20.5 billion. The 30-km route comprises a 15.5-km underground section and 14.5-km stretch above ground. It features 14 stations including three interchange stations, seven elevated stations and four underground stations. It will serve nine key districts with a projected population of around one million under the Dubai 2040 Urban Master Plan. His Highness also reviewed interior…

DAMASCUS,3rd May, 2026 (WAM) — The second phase of the Syrian–Emirati Medical Preparedness and Response Programme, “Jaheziya Syria,” has been launched as a significant step toward strengthening the strategic partnership between Syrian and Emirati healthcare institutions. The launch of phase two follows the success of phase one, during which more than four hundred frontline personnel were trained. The initiative enhances joint cooperation among medical, surgical, nursing, and emergency personnel in both brotherly countries, aiming to build a unified and integrated system based on international best practices and accredited by leading training centers and universities in the United States of America,…

The credit rating agency Fitch Ratings has ranked Abu Dhabi among the lowest government debt and highest sovereign net foreign assets. At the end of 2025, government debt was well below the peer median of 50.3 per cent, at 19.5 per cent of GDP. Fitch said it expects this to rise to 25.3 per cent in 2026 due to higher war-related borrowing, before stabilising post-war. The agency affirmed Abu Dhabi’s rating with a stable outlook, citing the emirate’s high GDP per capita and strong fiscal and external metrics. This includes its Long-Term Foreign-Currency Issuer Default Rating (IDR), which it gave…

DUBAI, 3rd May, 2026 (WAM) — Leaders of technology companies operating in Dubai have reaffirmed the emirate’s position as a resilient and fast-growing hub for digital innovation, despite ongoing challenges in the global economic landscape. Dubai’s integrated digital ecosystem was highlighted as a central factor in strengthening business resilience and supporting sustainable growth. The emirate’s world-class digital infrastructure and efficient approach to implementation continue to provide a strong foundation for the growth of the technology sector. The business leaders also pointed to the close alignment between the public and private sectors as a key advantage that enables companies to innovate,…