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Month: May 2026

Posted on 12/05/2026

DEWA reports record Q1 2026 revenue and 90% profit growth in Dubai

DEWA posts record Q1 2026 results with AED 6.45bn revenue and 90% net profit growth, boosting clean energy to 18.5% and expanding desalinated water capacity to 555 MIGD in Dubai …

Posted on 12/05/2026

Why UAE businesses can no longer afford to ignore their tax credits

UAE Decree-Law No. 17 of 2025 sets a five-year deadline to claim VAT, corporate tax and excise tax credits—learn which sectors are most at risk and how to protect refunds before they expire …

Posted on 12/05/2026

UAE launches sovereign AI-driven Cyber Factory security initiative

UAE Cyber Security Council and CPX unveil national cyber manufacturing initiative aimed at strengthening digital sovereignty, AI-powered defence and critical infrastructure resilience …

Posted on 12/05/2026

Dubai Chambers to host Dubai Business Forum – China in Shenzhen on 14 October to strengthen trade and investment

China will serve as a strategic platform to explore high-impact opportunities in sectors including the digital economy, emerging technologies, logistics, and advanced manufacturing.” Held under the …

Posted on 12/05/2026

Sharjah real estate transactions hit $953mln in April

The total traded area in sales transactions reached approximately 13mln square feet, reflecting the stability of Sharjah’s real estate market …

Posted on 12/05/2026

Abu Dhabi offers 3-day free entry across museums and cultural sites

From Zayed National Museum to Al Ain Culture Sites, check out activities that you can enjoy this International Museum Day …

Posted on 12/05/2026

Abu Dhabi’s Mubadala invests $325mln in Hornsea offshore wind farm

Abu Dhabi sovereign investor Mubadala is investing $325 million in the world’s largest offshore wind farm, Orsted’s Hornsea 3 project located off the Norfolk coast in the UK. Mubadala’s investment is …

Posted on 12/05/2026

Israel sent Iron Dome batteries and personnel to UAE, US ambassador to Israel says

Israel has sent Iron Dome anti-missile batteries and personnel to the United Arab Emirates to defend the country during the Iran war.

Posted on 12/05/2026

Eid Al Adha 2026 Dubai Holiday Dates Revealed? UAE Residents Excited For Long Weekend | Check Details

Eid Al Adha 2026 holiday dates in Dubai are expected to give UAE residents a long public break. Here’s when the celebrations may begin.

Posted on 12/05/2026

From historic highs, a conflict-driven pause to AED 9bln in April mortgages: Dubai’s property market in 2026

Dubai’s property market opened 2026 with a historic AED 72.4 billion in January, then navigated a regional conflict, yet recorded its highest mortgage month of the year in April at AED 9.02 billion …

Posted on 12/05/2026

Great news, foodies: Dubai Restaurant Week has been extended to May 31

Dubai Restaurant Week has evolved into a full month-long dining celebration Dubai Restaurant Week returned from May 1, 2026 much to the delight of foodies in the city. Initially set to run for just 18 …

Posted on 12/05/2026

XRP price slips below $1.50 as Middle East tensions shake crypto sentiment

XRP price falls toward $1.45 as Middle East tensions pressure crypto markets, despite strong ETF inflows and rising futures open interest.

Posted on 12/05/2026

Crypto.com Secures Landmark UAE License for Government Payments

In a historic development for the global adoption of digital assets, Crypto.com announced on May 11, 2026, that its Middle Eastern entity has successfully …

Posted on 12/05/2026

Flight bound for Abu Dhabi returns to Chennai after ‘technical issue’

The flight belonging to Etihad Airways was cancelled due to a technical incident, they said. All the passengers were safely disembarked …

Posted on 12/05/2026

Flight bound for Abu Dhabi with about 280 passengers aborts journey after fire on left wing

The fire was immediately put out by Fire Service personnel and the flight was cancelled. Etihad Airways could not be reached immediately for a comment.

Posted on 12/05/2026

PM’s call to pause gold buying puts spotlight on India’s import dependence, UAE FTA

India’s rising dependence on imported gold has come under sharp focus after Prime Minister Narendra Modi urged citizens to avoid buying gold for a ye …

Posted on 12/05/2026

Abu Dhabi-bound Etihad flight grounded In Chennai after wing fire scare

An Etihad Airways flight bound for Abu Dhabi was grounded at Chennai airport on Monday after a suspected fire or smoke alert was reported from one of the aircraft’s wings.

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