Featured

Union Coop Reaffirms Commitment to Humanitarian Initiatives

The Cooperative reaffirms Support for humanitarian initiatives through ‘Blood Donation’ drives and initiatives promoting community solidarity

DUBAI, UAE:

Marking World Blood Donor Day, observed annually on June 14, Union Coop reaffirmed its commitment to supporting humanitarian and community initiatives that promote voluntary blood donation and strengthen social solidarity.

The cooperative revealed that it has organized more than 80 blood donation campaigns over the past five years in collaboration with relevant health authorities, contributing hundreds of blood units to support blood banks and assist patients in need.

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Health Care

أبولونيا وسينرجي تستعرضان أثر الشراكات في دعم الخدمات الصحية والمبادرات المجتمعية

أبوظبي، الإمارات العربية المتحدة – 13 يونيو 2026


نظّمت مجموعة أبولونيا وسينرجي القابضة لطب الأسنان فعالية سنوية في العاصمة أبوظبي جمعت عدداً من الشركاء وممثلي المؤسسات الصحية والأكاديمية والجهات ذات الصلة، بهدف تسليط الضوء على دور الشراكات المؤسسية في دعم تطوير الخدمات الصحية وتعزيز المبادرات المجتمعية في دولة الإمارات.

وشهدت الفعالية استعراض أبرز محطات التعاون التي نفذتها المجموعة خلال السنوات الماضية مع عدد من الجهات الحكومية والخاصة والمؤسسات التعليمية، إلى جانب مناقشة أهمية تكامل الأدوار بين مختلف القطاعات في دعم جودة الرعاية الصحية وتوسيع نطاق المبادرات التوعوية والمجتمعية.

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Featured

IHC Launches AED 5B Share Buyback to Boost Shareholder Value

Syed Basar Shueb, CEO of IHC, commented: “The launch of our second share buyback programme reflects both the strength of IHC’s financial position and our continued confidence in IHC’s long-term prospects. Following one of our strongest quarters to date, we remain focused on disciplined capital allocation and creating sustainable value for shareholders. As we continue to expand our portfolio and pursue strategic opportunities across key sectors and markets, we remain committed to balancing investment for future growth with attractive returns for our investors.”

  • IHC launches its second share buyback programme with an AED 1.8 billion first tranche
  • Initial purchase represents 36% of the approved AED 5 billion programme
  • Follows one of the strongest quarters in IHC’s history, with Q1 2026 revenue reaching AED 31.4 billion and profit after tax nearly doubling to AED 8.2 billion
  • Purchases to commence on 12 June 2026 in accordance with ADX trading rules
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Hotels & Hosppitality, Real Estate

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion in Landmark Sheikh Zayed Road Transaction

Dubai, UAE, – AHS Properties today announced the acquisition of Shangri-La Hotel for AED 1.1 billion, one of the largest single-asset real estate transactions recorded in recent history.

Acquired from Mismak Asset Management, the transaction cements one of the most concentrated private-sector bets on Sheikh Zayed Road’s next decade.

The Shangri-La Hotel is a 43-floor, 200-metre tower on Sheikh Zayed Road, and was one of the first five-star hotels to open on the corridor when it was completed in 2003.

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Real Estate

Dubai Land Department Wins Global AI Award 2025

  • In recognition of its leadership in leveraging smart technologies to advance the real estate sector

Dubai, United Arab Emirates, 12 June 2026: Dubai Land Department (DLD) won the Global Artificial Intelligence Award 2025 – Gold Category, presented by the Dubai Quality Group, in recognition of its pioneering efforts in leveraging artificial intelligence technologies and digital innovation to enhance real estate services, improve operational efficiency, and elevate customer experience. The award reflects DLD’s commitment to advancing digital transformation and strengthening the competitiveness of Dubai’s real estate sector.

The award is considered one of the leading initiatives dedicated to recognising organisations that demonstrate excellence in artificial intelligence across both the public and private sectors. Its evaluation criteria are based on international best practices and global benchmarks in institutional excellence and innovation, to highlight entities that leverage AI to enhance operational efficiency, strengthen competitiveness, and accelerate sustainable growth and development.

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