Monthly Archives: April 2026

Business & Investments

Emirates NBD Secures $250M Loan for Dar Global’s Expansion

Emirates NBD successfully executes USD 250 Million Syndicated Term Loan facility for DAR Global, Accelerating Global Growth and Expansion

Dubai, UAE, 16 April 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced the successful execution of a USD 250 million syndicated term loan facility (“Project Radium II”) for Dar Global plc, the London-listed luxury international real estate developer. Dar Global plc, which is majority owned by Dar Al Arkan Real Estate Development Company, secured this USD 250 million financing as part of its continued growth and expansion across key global markets.

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Business & Investments

Enhancing Maritime Services at Dubai Ports

To Enhance Vessel Support and Improve Maritime Service Efficiency 

PCFC Ensures Continuous Supply of Provision and Fuel to Ships at Dubai Ports and its Anchorage Areas

• Captain Ibrahim Al Blooshi: We provide a comprehensive suite of 24/7 services, including bunkering, provision, medical supplies, and crew change services

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Featured

Bologna Fair 2026: Arabic Children’s Literature Award Launch

At the Bologna Children’s Book Fair

Bodour Al Qasimi Witnesses the Launch of the 18th Edition of the International Award for Arabic Children’s Literature

Bologna (Italy), 16 April 2026

Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority and Founder and Honorary President of the UAE Board on Books for Young People (UAEBBY), witnessed the launch of the 18th edition of the International Award for Arabic Children’s Literature, presented by “e&”, at the Bologna Children’s Book Fair, held from 13 to 16 April in Italy. This step reflects the UAEBBY’s ongoing commitment to supporting the children’s book industry and strengthening the presence of Arabic literature at international fairs and festivals.

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Business & Investments

The AI spend cycle is still going strong, says AvaTrade, as TSMC reports record profit for fourth straight quarter

Dubai, Abu Dhabi, UAE. April 16, 2026. Today, Taiwan Semiconductor Manufacturing Company (TSMC) published its earnings for the first quarter of 2026. The dominant player in the chip manufacturing industry, TSMC once again reported a record profit and exceeded analyst expectations, driven by insatiable AI demand.

Kate Leaman, chief market analyst at online broker, AvaTrade, offers the following comments on what TSMC’s latest earnings report means for the company, AI, and the wider chip and technology industries:

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Featured

Yango Ride Supports UAE Flag Initiative

Dubai, UAE, 16 April 2026: Yango Ride, part of the international tech company Yango Group, backed the Raising a Flag for UAE initiative, engaging its partner-driver community across the UAE to distribute UAE flags to passengers during rides. This came in response to the national call by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, encouraging citizens and residents to raise the UAE flag as a symbol of pride, unity, and solidarity. The initiative aims to help more residents participate visibly in this national moment and reinforce a shared sense of belonging among a diverse population of 200+ nationalities.

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