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Month: April 2026

Posted on 30/04/2026

UAE exit from OPEC prompts questions over market impact

After the official announcement of the United Arab Emirates (UAE) about its withdrawal from the Organization of the Petroleum Exporting …

Posted on 30/04/2026

Abu Dhabi orders restaurant in Mussafah, M17 to close over food safety violations

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has ordered the administrative closure of Mohammad Delwar Hossain restaurant after identifying serious food safety violations that pose a …

Posted on 30/04/2026

Dubai SME backs startups with $12m in 2025, targets 27,000 projects by 2033

Dubai SME allocated $12m to startups in 2025, up 25 per cent, as Future Majlis programme supports founders and targets 27,000 projects by 2033 …

Posted on 30/04/2026

Dubai developer Pantheon relocates HQ to Business Bay tower

Dubai-based Pantheon Development has relocated its headquarters to a new office in Business Bay, marking a new phase of growth.

Posted on 30/04/2026

Bank of Sharjah AGM approves 6.5% dividend as net profit soars 89% in 2025

Bank of Sharjah held its 53rd Annual General Assembly Meeting (AGM) on April 30, 2026. The meeting was chaired by Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Board of Directors, and attended …

Posted on 30/04/2026

UAE Refers Defendants to State Security Court Over Ammunition Shipment for Sudan

UAE authorities said they intercepted ⁠millions of rounds of ammunition at an ⁠airport in 2025 that were being illegally transferred to Sudan’s army, a report by the WAM news agency said, though the …

Posted on 30/04/2026

Sheikh Mohammed honours winners of ‘Erth Dubai Awards’ celebrating city’s living memory

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, in the presence of Sheikh Hamdan bin Mohammed bin …

Posted on 30/04/2026

Mohammed bin Rashid honours winners of Erth Dubai Awards

Mohammed bin Rashid honours Erth Dubai Awards winners celebrating 25,000 submissions preserving Dubai’s living memory, heritage and national identity at the Museum of the Future …

Posted on 30/04/2026

Awqaf Dubai expands healthcare endowment assets to AED 552 million

Awqaf Dubai grows healthcare endowment assets to AED 552 million, funding community healthcare initiatives and treatment for underprivileged patients across the UAE …

Posted on 30/04/2026

UAE Data Center Colocation Market Databook Q2 2026: Hyperscale Investments Position UAE as Regional Cloud Gateway

Dubai and Abu Dhabi develop complementary roles: commercial and financial demand versus sovereign digital infrastructure, respectively Emirati Data Center Colocation Market Emirati Data Center …

Posted on 30/04/2026

What could the UAE’s exit from OPEC mean for oil markets and the climate?

The world’s third-largest oil producer has the capacity to increase its output by almost 50 per cent, according to industry estimates. View on euronews …

Posted on 30/04/2026

OPEC just lost one of its biggest players — here’s the inside story of the UAE’s exit and what the Saudi-UAE split really means for OPEC’s market power

How the World’s Energy Map Just Shifted Permanently. The UAE’s departure from the Saudi Arabia-led cartel is being called the most consequential rupture in OPEC’s history. And for major oil importers, …

Posted on 30/04/2026

Crypto “Pig-Butchering”: 276 Arrested as FBI, Dubai Police Bust Global Scam Network

FBI and Dubai Police arrested 276 in a massive crypto pig-butchering bust. Here is what the DOJ says happened and who got charged.

Posted on 30/04/2026

Bank of Sharjah reports record AED 729mln net profit for 2025 and approves 6.5% cash dividend

Bank of Sharjah held its 53rd Annual General Assembly Meeting (AGM) on April 30, 2026. The meeting was chaired by His Excellency Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Board of Directors, …

Posted on 30/04/2026

Sharjah Chamber strengthens engagement with entrepreneurs in Eastern Region

The Sharjah Chamber of Commerce and Industry (SCCI) hosted a forum for members of the Small and Medium Enterprises Centre Tijarah 101 – Khorfakkan branch, as part of efforts to engage entrepreneurs …

Posted on 30/04/2026

Dubai verzeichnet mit nur 49 Sekunden pro Jahr weltweit geringste Ausfallzeit pro Stromkunde

S.E. Saeed Mohammed Al Tayer, geschäftsführender Leiter und Geschäftsführer der Dubai Electricity and Water Authority (DEWA), gab bekannt, dass DEWA einen neuen Weltrekord für die geringste …

Posted on 30/04/2026

ADCB launches off-plan mortgage scheme to ease home financing for buyers

The initiative comes at a time when off-plan transactions account for a dominant share of residential activity in Dubai and other emirates …

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