Author: Editorial team

PARIS, 25th June, 2026 (WAM) — The Interfaith Alliance for Safer Communities (IAFSC) will convene the Paris edition of its Faith and AI Covenant initiative on 26th June, bringing together senior religious leaders, major technology companies, academics, and policymakers for a high-level discussion on the opportunities and risks associated with rapidly advancing artificial intelligence. The session will be co-chaired by IAFSC CEO Dana Hamid and Baroness Joanna Shields, the initiative’s principal partner. It follows the inaugural meeting held in New York last April and is part of an ongoing series of international consultations aimed at encouraging ethical reflection, establishing shared…

ABU DHABI, 25th June, 2026 (WAM) — Burjeel Holdings, a leading super-specialty healthcare group in the GCC listed on the Abu Dhabi Securities Exchange, successfully priced its inaugural US$500 million Regulation S 5-year senior unsecured Sukuk offering due 2031 under its newly established US$1.5 billion Senior Unsecured Sukuk Programme. The offering attracted significant demand from high-quality international and regional investors, with the orderbook peaking at US$1.6 billion, representing 3.2x oversubscription. The strength of the orderbook enabled Burjeel to tighten pricing from initial price thoughts in the mid-7 percent area, with the Sukuk priced at a 7.000 percent profit rate and…

The UAE banking sector has emerged from the Middle East conflict with its resilience intact, supported by abundant liquidity, strong capitalisation and swift intervention by the Central Bank of the UAE (CBUAE), according to S&P Global Ratings and Fitch Ratings. Despite weaker economic activity, disrupted trade and softer tourism during the conflict, both agencies believe UAE banks remain among the strongest in the GCC and are well positioned to absorb the fallout with only limited pressure on asset quality and profitability. The latest CBUAE data underscores that resilience. Total banking assets climbed 17.7 per cent year-on-year to Dh5.56 trillion at…

When a Sharjah resident saw her five-year-old son putting a small magnetic bead in his mouth, she reacted the way many parents would. Completely alarmed, she immediately snatched the object away, believing that the danger has passed since she acted quickly. But what she did not realise was that dozens of tiny magnets had already entered her son’s body and for the next few weeks, life appeared normal. The boy occasionally complained of discomfort and suffered episodes of vomiting, but each time the symptoms improved on their own. To his family, it seemed like nothing more than a passing illness.…

BenQ Middle East, a global leader in display technology and digital lifestyle innovations, today announced its highly anticipated lineup of exclusive deals for Amazon Prime Day in the UAE. Running from 24th June until 30th June, the week-long sales event offers consumers, tech enthusiasts, professional creators, and gamers an unmissable opportunity to upgrade their setups with premium tech at unbeatable prices. The promotion covers an extensive range of BenQ’s flagship products, spanning its specialized Mac-compatible displays, professional design monitors, competitive gaming hardware, smart home cinema projectors, and revolutionary desktop lighting solutions. Key Highlights of the Amazon UAE Prime Day Offers:…

MASSACHUSETTS, 24th June, 2026 (WAM) –England and Ghana played out a 0-0 draw in their FIFA World Cup 2026 Group L match. The Three Lions created several chances but could not find a way past Ghana goalkeeper Benjamin Asare, who made a number of key saves. Ghana also threatened late in the game but were unable to score. England came closest to a goal in the closing minutes when Nico O’Reilly hit the crossbar before Harry Kane sent the rebound over the bar. The result keeps England and Ghana in the top two places in Group L. Both teams need…

BAKU, 24th June, 2026 (WAM) — Dr. Tariq Humaid Al Tayer, First Deputy Speaker of the Federal National Council (FNC), discussed parliamentary cooperation relations between the two councils with Mazen Turki Al Qadi, Speaker of the House of Representatives of the Hashemite Kingdom of Jordan, as well as coordination and consultation on topics on the agenda of the 20th Session of the Conference of the Parliamentary Union of the OIC Member States (PUIC), being held in the Azerbaijani capital, Baku. During the meeting, held on the sidelines of the conference, the two sides affirmed the strength of the fraternal and…

From July 1, motorists in Sharjah will have to pay for public parking until midnight instead of 10pm. But for some residents, the change is less about paying for two extra hours and more about finally finding a parking space near home. Residents in neighbourhoods such as Al Nahda and Al Majaz said that finding parking near their homes after 10pm often meant driving around for 20 to 30 minutes, waiting for a vehicle to leave, or parking several streets away and walking back home. From July 1, Sharjah Municipality will extend paid parking hours from 10pm to midnight across…

BAKU, 24th June, 2026 (WAM) — Dr. Tariq Humaid Al Tayer, First Deputy Speaker of the Federal National Council (FNC), and Mohamed Ghayate, Deputy Speaker of the House of Representatives of the Kingdom of Morocco, discussed ways to strengthen parliamentary cooperation between the two councils, as well as coordination and consultation on various issues of mutual interest. The meeting took place on the sidelines of the 20th Session of the Conference of the Parliamentary Union of the OIC Member States (PUIC), being held in Baku, Republic of Azerbaijan. The meeting was attended by the FNC delegation participating in the conference,…

The Federal National Council (FNC) has approved a new federal law on plant genetic resources for food and agriculture, introducing strict penalties of up to three years’ imprisonment and fines ranging from Dh50,000 to Dh3 million for violations, alongside plans to establish national gene banks to safeguard agricultural biodiversity. The legislation, aims to regulate the collection, use, import and export of plant genetic resources and their derivatives, and to ensure their sustainable management in line with international agreements. Under the new law, offenders who conduct related activities without a licence, export or import genetic materials without authorised agreements, fail to…