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Featured

*Union Coop Confirms Stable Supply Chains and Food Security *

Emphasizes Local Products Key to Food Security

Dubai, UAE:

Union Coop confirmed that its food supply system is operating normally and that strategic stocks of essential goods and consumer products are sufficient to meet demand for extended periods.

The cooperative said supply and distribution operations are continuing according to approved plans, with ongoing coordination with federal and local authorities to ensure uninterrupted product flow to markets and stable availability across all branches and digital platforms.

Mr. Mohamed Al Hashemi, CEO of Union Coop,

Union Coop added that its inventory and supply chain management rely on proactive planning, close coordination with suppliers and continuous monitoring of market indicators and demand patterns to ensure readiness for any changes and maintain product availability.

Continue reading *Union Coop Confirms Stable Supply Chains and Food Security * →
Real Estate

AED 6 BILLION IN 72 HOURS: MANCHESTER CITY YAS RESIDENCES BY OHANA DEVELOPMENT

AED 6 BILLION IN 72 HOURS: MANCHESTER CITY YAS RESIDENCES BY OHANA DEVELOPMENT, SETS NEW SALES RECORD IN ABU DHABI

• 35% of investors are Emiratis, while 65% are expatriates and international investors
• Milestone reflects strong demand for the project and continued confidence in the UAE’s real estate sector

Abu Dhabi, UAE – 16 March 2026 — Ohana Development, a leading UAE real estate developer renowned for its luxury projects, has recorded AED 6 billion in sales within 72 hours for Manchester City Yas Residences by Ohana, a gated waterfront community located along Yas Canal in Abu Dhabi, setting a new sales record in the emirate’s real estate market.

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Business & Investments

Forbes Middle East Unveils The 2026 Ranking Of The Region’s 100 Most Valuable Companies

A Look At The Middle East’s 100 Biggest Players In The Market

  • Total market cap across the 100 companies stands at $3.7 trillion.
  • The UAE remains at the top with 35 companies, followed by Saudi Arabia with 34 firms
  • Saudi Arabia leads in terms of market value, accounting for about 64% of the total.
  • The energy sector dominates in terms of market value, driven primarily by Aramco.
Continue reading Forbes Middle East Unveils The 2026 Ranking Of The Region’s 100 Most Valuable Companies →
Business & Investments

Al Mal Capital REIT Announces Final Dividend Distribution of 3.75 Fils per Unit for H2 FY2025

Dubai, UAE, 16 March 2026 – Al Mal Capital REIT (“AMCREIT”), the first REIT listed on DFM, regulated by the UAE’s Capital Market Authority, and managed by Al Mal Capital PSC (“Al Mal Capital”), a subsidiary of Dubai Investments PJSC, announced today that the REIT will distribute a final dividend of 3.75 fils per unit for the second half of the financial year ended 31 December 2025, amounting to a total distribution of AED 26,295,540 million (as against AED 19,270,871 for six months ended 30 June 2025).

The distribution, in line with AMCREIT’s Investment Policy and CMA regulations, is declared on the enhanced capital base of AED 701,214,386 following the successful Follow-On Public Offering completed in 2025 and reflects an annualized return of 7.5% to unitholders. The expected payment date for the distribution is 9 April 2026, subject to customary administrative procedures.

Continue reading Al Mal Capital REIT Announces Final Dividend Distribution of 3.75 Fils per Unit for H2 FY2025 →
Technologies

HONOR Teases the Upcoming HONOR 600 Lite

Designed to elevate everyday use, the upcoming device combines sleek design, advanced AI photography, and reliable long-lasting power

[Dubai, UAE – 16th March] Global AI device ecosystem company HONOR today announced the upcoming launch of the HONOR 600 Lite. The HONOR 600 Lite delivers a refined everyday experience with an ultra-slim metal body with a full-view display, upgraded 108MP ultra-clear photography powered by a dedicated AI Camera Button. Anchored by a class-leading 6520mAh long-lasting battery, the HONOR 600 Lite ensures that cutting-edge AI experiences and premium craftsmanship are now within reach of every user.

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