Author: Editorial team
ABU DHABI, 23rd June, 2026 (WAM) — Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Authority (NMA), said a cohesive national narrative turns economic achievements into a message that is clearly understood around the world. He stressed that such a narrative has become a key compass for global investment flows, directing major capital toward the most trusted and stable environments through a comprehensive story that reflects the country’s vision and its ability to shape the future. Speaking at a panel discussion titled ”Building the Future Narrative: How Media Shapes Nations, Cities, and Economies” during the Forbes…
Abu Dhabi’s temporary rent freeze initiative across the commercial and residential sectors is being viewed by economists and real estate experts as a short-term market stabilisation measure designed to protect tenants and businesses amid rapid rental growth and regional uncertainty. The measure, introduced in June 2026, effectively suspends Abu Dhabi’s long-standing 5 per cent annual cap on rent increases by requiring landlords to renew existing leases at the same rent as the previous Tawtheeq-registered contract. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Authorities have described the move as a temporary intervention aimed at containing…
Dubai Safari Park has become the latest major attraction in the emirate to close for the summer, joining a list of popular outdoor destinations that pause operations during the hottest months of the year. The wildlife park recently wrapped up its seventh season after welcoming 144 newborn animals and more than 27,000 students through its educational programmes. It will reopen later this year for its eighth season. With temperatures rising across the UAE, several seasonal attractions have already closed or are preparing to shut their doors until autumn, when cooler weather allows visitors to return. Stay up to date with…
AJMAN, 23rd June, 2026 (WAM) — The Department of Finance in Ajman held its 2026 Customer Council, reaffirming its commitment to fostering effective partnerships with customers and involving them in shaping future improvements that support the development of government services and enhance the customer experience. The council aligns with the Government of Ajman’s ongoing efforts to elevate and modernise government procurement procedures. The council brought together procurement officials from government entities across the emirate, providing an interactive platform for exchanging insights and exploring development opportunities to enhance the government procurement system and deliver added value to government entities as customers.…
ABU DHABI, 23rd June, 2026 (WAM) — The UAE Cybersecurity Council (CSC), in cooperation with Amazon Web Services (AWS), CrowdStrike, and e&, today celebrated the successful completion of the first cohort of the AWS/CTIB Cybersecurity Startup Accelerator Programme at a closing ceremony held at Grand Hyatt Abu Dhabi. The event marked the first time that the initiative’s leading commercial supporters have gathered in person since the programme’s launch at GITEX Global in October 2025. The multi-year government-backed initiative, a core component of the UAE Cybersecurity Technology Innovation Bureau (UAE CTIB) and the UAE National Cybersecurity Strategy, sets an ambitious goal…
Women entrepreneurs launching or growing a business in the UAE can now access a package of banking and business support benefits, including 12 months of waived maintenance fees, through a new initiative from RAKBANK. The lender’s “She Means Business” initiative waives monthly maintenance fees for up to a year for eligible women founders who open and activate a business account before December 10, 2026. The package is available to new customers operating as sole proprietors or individual LLCs and includes a zero-balance business account with no minimum balance requirement. Stay up to date with the latest news. Follow KT on…
A Dubai woman recently sold her wedding gold to begin building a collection of Hermès handbags, reflecting what one luxury reseller says is a growing trend among buyers seeking alternative ways to preserve wealth during uncertain economic times. According to Love Luxury, a designer resale business with stores in Dubai and London, demand from customers purchasing Hermès bags primarily as investments has risen significantly over the past year. “Over the last few months, we’ve noticed a new wave of clients who are entirely interested in making purchases to invest their money rather than as a fashion purchase,” said Adam Abraham,…
ABU DHABI, 23rd June, 2026 (WAM) — The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year. Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council (GCC). The listing marks the 24th ETF on the ADX, further cementing the exchange’s position as the most active and liquid ETF hub in the Middle East. This launch is the latest milestone in opening access to the GCC’s rapid economic expansion. By offering…
AJMAN, 23rd June, 2026 (WAM) — Sheikh Khalifa Medical City – Ajman (SKMCA), governed by The Medical Office, a subsidiary of PureHealth, the largest healthcare group in the Middle East, has been awarded Level 4 accreditation under National Patient Safety Friendly Hospital Initiative (PSFHI), which was launched by the Ministry of Health and Prevention (MOHAP) in collaboration with the World Health Organisation (WHO), representing the highest distinction within the international patient safety framework. This significant achievement marks a milestone for SKMCA. The accreditation followed a comprehensive PSFHI assessment of the hospital’s facilities and operations. The highest Level 4 accreditation demonstrates…
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the Central Asia–based fintech company has developed a mobile-first financial ecosystem built around Shariah-compliant principles. Its platform integrates savings, investments, payments, and financial guidance within a single application, serving more than one million registered users and managing over $100 million in assets. The company has raised over $10 million from global investors and is targeting more than $250 million in assets by the end of 2026. IMAN’s expansion comes at…