Author: Editorial team
BEIJING, 27th April, 2026 (WAM) — China’s industrial sector posted strong profit growth in the first quarter of 2026, official data showed on Monday. Profits of China’s major industrial firms increased 15.5 percent year-on-year to reach 1.696 trillion yuan (about US$247.3 billion) during the January-March period, accelerating by 0.3 percentage points from the growth posted in the first two months of the year, according to data from the National Bureau of Statistics (NBS). In March alone, profits at major industrial companies increased 15.8 percent from a year earlier, with the pace of growth accelerating by 0.6 percentage points from the…
DUBAI, 27th April, 2026 (WAM) — Dubai Healthcare City Authority (DHCA), the governing body of Dubai Healthcare City (DHCC), has broken ground on two flagship developments, PIXEL DHCC and IBN SINA+, marking a key milestone in the first phase of its AED1.3 billion development programme. The two developments, scheduled for completion by November 2027, form part of DHCA’s broader efforts to reinforce Dubai’s position as a global hub for healthcare investment, while supporting the sustained growth of the emirate’s healthcare sector. Details of the projects were announced during a ceremony attended by Issam Galadari, CEO of Dubai Healthcare City Authority;…
A quiet family moment at home, a child sitting with his parents, and a handwritten note written out of gratitude — that is how a young Roger Xie’s message began its unexpected journey to Dubai’s leadership. Written with no expectation of a reply and simply addressed to “Sheikh Mohammed,” the note was sent as a heartfelt thank-you during a family conversation about life, safety, and gratitude in the UAE. What followed was unexpected. The letter reached the office of Sheikh Mohammed bin Rashid Al Maktoum, prompting a response from the Dubai Ruler’s protocol team and, later, and invitation for a…
LONDON, 28th April, 2026 (WAM) — Shell plc has entered into a definitive agreement to acquire ARC Resources Ltd., an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada, in a $16.4 billion deal. The acquisition accelerates Shell’s strategy by adding 370 kboe/d1 immediately across liquids and gas leading to a 4% production CAGR2 through to 2030, compared to 2025. A company press release said the deal increases Shell’s exposure to long-duration, low-cost and top quartile low carbon intensity shale gas and liquids production in Canada’s Montney basin, delivering value for decades. Source: Emirates News…
ABU DHABI, 27th April, 2026 (WAM) — Under the follow-up of Sheikh Zayed bin Hamad Al Nahyan, Vice Chairman of the Board of Directors of the Emirates Arabian Horse Society and Chairman of the Higher Organising Committee of the Emirates Arabian Horse Global Cup, the second leg of the third edition of the championship was held on on Saturday and Sunday, at the Bahrain International Endurance Village in the Bahrain Kingdom, with 106 horses owned by approximately 72 owners competing. The much-anticipated event witnessed strong and exciting competitions, highlighting the championship’s importance in supporting owners and breeders worldwide. Competitions covered…
The summer season, as traditionally observed by Bedouin communities, is set to begin on April 28 and continue until June 7, according to the Emirates Astronomy Society. The period coincides with the setting of the Pleiades star cluster. This signals the start of heat and dryness, followed by the peak summer season (“Al Qayz”), which lasts from the reappearance of the Pleiades until the rise of Suhail (Canopus), known for intense heat and extreme dryness. Ibrahim Al Jarwan, Chairman of the Emirates Astronomy Society and a member of the Arab Union for Astronomy and Space Sciences, said that this roughly…
ABU DHABI, 27th April, 2026 (WAM) — The Emirates Growth Fund (EGF) has been named Exclusive Growth Capital Partner at Make it in the Emirates (MIITE) 2026, the UAE’s flagship industrial forum, taking place 4–7 May at ADNEC, Abu Dhabi. The designation marks a pivotal moment in EGF’s first year as the platform from which a new phase of national industrial action begins. As Exclusive Growth Capital Partner at MIITE 2026, EGF demonstrates its role as a strategic platform advancing the growth of UAE homegrown businesses, and its position as a catalytic investor and enabler of the national SME ecosystem.…
ABU DHABI, 27th April, 2026 (WAM) — H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Omid Nouripour, Vice-President of the German Bundestag (Federal Parliament), have discussed the current regional developments during a meeting. The two sides also addressed the repercussions of the unprovoked and terrorist Iranian missile attacks targeting the UAE and several countries in the region, and their impact on regional and international security and stability, energy supplies, international maritime security, and the global economy. Nouripour reaffirmed Germany’s solidarity with the UAE in taking all necessary measures to safeguard its sovereignty,…
Filipinos in the UAE – whose employment visa or Emirates ID were issued in Dubai and Northern Emirates – who lost their jobs or have experienced pay cuts due to the Middle East conflict, can now apply for a one-time financial assistance worth Dh730 ($200) from the Philippine government, the Migrant Workers Office (MWO) in Dubai announced on Monday night. MWO said the initial funding received from the Philippine Department of Migrant Workers (DMW) in Manila is limited to benefit 3,271 OFWs (overseas Filipino workers) only. “(We) highly discourage OFWs from visiting MWO-Dubai as applications will be received and processed…
WASHINGTON, 27th April, 2026 (WAM) — Microsoft (MSFT) on Monday announced an amended long-term agreement with OpenAI (OPAI.PVT) that will see the company no longer have exclusive access to the AI startup’s intellectual property and AI models, while also altering its revenue-sharing deal with OpenAI. The news comes ahead of Microsoft’s earnings report on Wednesday, and just six months after the two companies formalised an agreement that allowed OpenAI to transform into a for-profit business. Under the terms of that deal, Microsoft was given exclusive access to OpenAI’s IP and models until the company achieved artificial general intelligence (AGI), or…