Daily Archives: May 14, 2026

Health Care

Advanced Cardiac Neuroablation: A Breakthrough in UAE Healthcare

First in the UAE

Cleveland Clinic Abu Dhabi Introduces Cardiac Neuroablation, an Advanced Procedure That Treats the Root Cause of Recurrent Fainting—Without a Permanent Device

  • Minimally invasive procedure targets abnormal nerve signals affecting heart rhythm
  • Offers an alternative to permanent pacemaker implantation in selected patients
  • Marks a shift in cardiac care from symptom management to root-cause treatment

Abu Dhabi, United Arab Emirates. 14th May, 2026: In a step that reflects the evolution of cardiac care from managing symptoms to treating underlying causes, Cleveland Clinic Abu Dhabi has successfully performed the first cardiac neuroablation procedure in the United Arab Emirates. The minimally invasive intervention offers a new treatment pathway for patients suffering from recurrent fainting episodes, without the need for permanent pacemaker implantation in many cases.

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Business & Investments

AED 300M Investment to Boost Abu Dhabi’s Industrial Growth

AED 300 million facility to support industrial growth in Abu Dhabi ecosystem

Abu Dhabi, UAE – 14 May 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, part of AD Ports Group, announced that it has signed a long-term land lease agreement with Abu Dhabi Refreshment Company to establish a state-of-the-art beverage production and distribution facility in KEZAD.

The facility, spanning approximately 32,500 square metres within KEZAD’s industrial ecosystem, will support the expansion of Abu Dhabi Refreshment Company’s production and distribution capabilities, reinforcing Abu Dhabi’s position as a regional manufacturing hub for fast-moving consumer goods.

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Business & Investments

Invest Bank Reports 97% Profit Growth in Q1 2026

Invest Bank (INB) Reports Strong Q1 2026 Results with 97% Growth in Profit Before Tax

Operating income rises 81% to AED 112 million as the Bank records continued growth across Retail, SME and Wholesale Banking segments

Sharjah, United Arab Emirates, May 13, 2026 – Invest Bank (INB) today announced its financial results for the quarter ended 31 March 2026, delivering strong growth in profitability supported by higher operating income, continued balance sheet expansion and sustained momentum across its core business segments.

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Business & Investments

UBF Highlights UAE Banks’ Strong Performance and Resilience

UBF Affirms Banking Sector’s Ability to Enhance Resilience and Reinforce UAE’s Position as a Leading Global Financial Hub

Dubai, UAE – 14 May 2026:

UAE Banking Federation, the sole representative and unified voice of UAE banks, affirmed that the banking and financial sector remains well-positioned to sustain strong performance and further reinforce the UAE’s standing as a leading global financial and banking hub. This is supported by the UAE leadership’s vision, advanced economic and financial policies, and proactive regulatory frameworks that have been strengthening the capabilities of various economic sectors to address challenges and navigate developments in the global economy and regional and international geopolitical landscape.

This came during a press conference organised by UAE Banks Federation on the outlook for growth in the UAE, the region, and the global economy, with a focus on the banking and financial sector, at Mashreq Bank Headquarters in Dubai, in the presence of leading banking, financial, and media figures.

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