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Posted on 18/05/2026

Abu Dhabi-based fintech Mal secures in-principle approval for banking license from Central Bank of the UAE

Abu Dhabi-headquartered Mal.ai has received in-principle approval from the Central Bank of the UAE (CBUAE) to establish a licensed bank.The approval, granted following a rigorous and highly selective …

Posted on 18/05/2026

Dubai real estate resilient as buyer and agent activity remain strong, top areas revealed

Bayut and dubizzle data shows Dubai property activity recovering strongly, with buyer demand, agent engagement and enquiries rebounding …

Posted on 18/05/2026

Drone strikes UAE nuclear plant highlighting risk of renewed war

A drone strike sparked a fire on the edge of the United Arab Emirates’ sole nuclear power plant on Sunday in what authorities called an “unprovoked terrorist attack.” …

Posted on 18/05/2026

UAE’s Mal secures central bank approval to launch AI-native Islamic digital bank targeting $7tn market

It comes months after Mal raised $230m (AED844m) in a seed funding round, which the company said was the largest fintech seed raise in Middle East and Africa history.

Posted on 18/05/2026

Sharjah’s SEWA advances 29-km water network extension project

SHARJAH: As part of efforts to complete major water projects in record time across Sharjah, Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying work on a major water network extension …

Posted on 18/05/2026

Sharjah’s SEWA advances 29-km water network extension project

SHARJAH: As part of efforts to complete major water projects in record time across Sharjah, Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying work on a major water network extension …

Posted on 18/05/2026

Iran, US-Israel war LIVE updates: India condemns strike near UAE’s Barakah nuclear plant; Abu Dhabi warns Tehran of retaliation over ‘unprovoked attacks’

Tensions in the Middle East remain high as Donald Trump warns Iran to “move fast” towards a deal while Tehran says it still distrusts the US. Israel has intensified strikes in Lebanon and Gaza, the …

Posted on 18/05/2026

‘Dangerous escalation’: India condemns drone strike near UAE’s Barakah nuclear plant, urges restraint

In a statement, the Ministry of External Affairs urged all sides to exercise restraint and return to dialogue and diplomacy to prevent further tensions.

Posted on 18/05/2026

Oil touches 2-week high after drone attack on UAE nuclear power plant

By Florence Tan SINGAPORE, May 18 (Reuters) – Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United …

Posted on 18/05/2026

Dubai set for slower Eid al Adha airport traffic

Passenger traffic through Dubai International Airport (DXB) could fall as much as a quarter during this year’s Eid Al Adha holiday compared with 2025, as the Iran conflict weighs on regional aviation.

Posted on 18/05/2026

Dubai fast-tracks overland cargo flows via Oman amid regional trade disruptions

DUBAI: Exemplifying Dubai’s remarkable readiness and agility in responding to developments impacting regional and global trade flows, Dubai Customs announced exceptional results and highlighted …

Posted on 18/05/2026

Netanyahu ‘blunder’ threatens US-backed Israel-UAE alliance at critical moment with Iran: analyst

U.S.-brokered Israel-UAE alliance shows signs of strain after Netanyahu’s claimed secret UAE visit drew a swift denial amid rising Iran tensions.

Posted on 18/05/2026

UAE’s Ajman targets German business events market at IMEX Frankfurt

Ajman’s tourism authority is courting the European business events market through its participation in IMEX Frankfurt 2026, one of the largest global trade shows for the meetings, incentives, …

Posted on 18/05/2026

China, US, and UAE Launch First Joint Crackdown on Crypto Romance Scams in Dubai

China, the US, and UAE conducted their first joint crackdown on crypto romance scams in Dubai, arresting 276 suspects across nine fraud compounds.

Posted on 18/05/2026

Drone strike sparks fire at Abu Dhabi nuclear plant

A drone strike on a nuclear power plant in the United Arab Emirates sparked a fire at the facility Sunday, defense officials said.

Posted on 18/05/2026

Drone strikes UAE nuclear plant as US and Iran signal they are prepared to resume war

A drone strike has targeted the United Arab Emirates’ sole nuclear power plant. No one has been blamed and no major damage is reported.

Posted on 18/05/2026

UAE and Saudi Arabia report drone incidents as Iran war deadlock drags on

By Tala Ramadan DUBAI, May 17 (Reuters) – A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting …

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