Business & Investments

Global Wood Market to Hit $964 Billion by 2027 with Smart Manufacturing

Global Wood & Wood Products Market to Reach Nearly $964 Billion by 2027, Driven by Smart Manufacturing and Material Innovation

Dubai, United Arab Emirates – 11 June 2026:

The global woodworking industry is entering a new era of transformation, driven by rapid advances in artificial intelligence, robotics, and advanced material innovation; technologies that are redefining how wood products are designed, processed, and delivered at scale.

This transformation is unfolding alongside strong market growth. The global woodworking machinery market projected to reach $6.1 billion by 2027 reflecting rising demand from construction, furniture, and industrial applications worldwide.

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Hotels & Hosppitality

Say “I do” for less with Skylight’s Arjaan by Rotana DMC’s summer wedding offer

Dubai, 10 June 2026-Planning a wedding in Dubai? Skylight’s Arjaan by Rotana DMC is helping couples celebrate in style with a limited-time summer wedding package offering exceptional value for both weekday and weekend celebrations.

Available from Thursday to Sunday for AED350 net per person and from Monday to Wednesday for AED200 net per person, the package is designed for weddings with a minimum of 100 guests.

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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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