All posts by uaenews247

Automibiles & Motoring

Cantor’s Abu Dhabi Office: A New Hub for Investment Opportunities

Cantor ReceivesADGM Approval, Expanding Middle East Investment Banking Platform

Strengthens cross-border investment and capital formation capabilities connecting the Middle East with global markets

NEW YORK & ABU DHABI, UAE,2026: Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announcedthat The Financial Services Regulatory Authority (“FSRA”) of ADGM, the international financial center of Abu Dhabi, has granted the firm approvalto conduct regulated financial activities within the ADGM.

The approval, confirmed through the issuance of a Financial Services Permission (“FSP”), marks a significant milestone in Cantor’s strategic expansion across the Middle East. The authorization follows the opening of the firm’s Abu Dhabi office in December 2025.

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Health Care

Medcare Dentofaces doctors rebuild jaw and smile of an Emirati patient after a severe car accident

40 year old Emirati patient who lost most of his teeth and had significant jaw trauma following a car accident, received complete reconstructive surgery at Medcare Dentofaces Clinic

  • The patient required a mix of advanced reconstructive surgery, bone rebuilding and 14 dental implants to restore facial appearance and functionality after losing his teeth and suffering severe jaw damage in an accident

Dubai, UAE – June 4, 2026:A 40-year-old Emirati, who faced challenges with eating, speaking, and even recognizing his own reflection after a tragic accident, has successfully regained his ability to eat, speak, smile and his confidence thanks to a full reconstruction of his mouth and jaw at MedcareDentofaces in Dubai.

In June 2024, Mr. Juma suffered severe facial injuries from the serious accident that resulted in fractures around his eye socket, upper jaw, and palate. Despite receiving emergency treatment at that moment, the lasting impact of the trauma has continued to influence almost every part of his daily life. He found it challenging to chew loss anderly, had difficulties with swallowing, experienced considerable weight loss, and observed significant alterations in his facial appearance due to severe bone loss in both his upper and lower jaws.

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Real Estate

United Engineering Construction Wins AED 1.9B BAYN Project

ORA Developers Awards United Engineering Construction [UNEC] AED 1.9 Billion Main Works Contract for Phase 1 of BAYN

Dubai, UAE – 4 June 2026 – ORA Developers today announced the appointment of United Engineering Construction [UNEC] as the Main Works Contractor for Phase 1 of BAYN.

The AED 1.9 billion contract covers the construction of 614 residential units. These include townhouses and standalone villas across Cluster B, Y Waterway; Cluster C, Y Lagoon; and Cluster D, Y Lagoon II. The scope also includes associated infrastructure and landscape works.

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Education, Featured

Sharjah Islamic Bank and University of Sharjah: Advancing Financial Literacy

As part of a broader initiative to strengthen partnerships with UAE universities and colleges

Sharjah Islamic Bank, University of Sharjah Collaborate to Promote Financial Literacy and Develop National Talent

Sharjah, United Arab Emirates, June 4, 2026: Sharjah Islamic Bank and the University of Sharjah (UoS) have signed a Memorandum of Understanding (MoU) aimed at establishing a general framework for cooperation between the two parties across financial literacy, professional development, practical training, talent acquisitionand enhancing students’ readiness for the post-graduation phase. The partnership seeks to bridge academic education with practical application and support joint initiatives that create added value for both institutions and their target audiences.

The partnership marks the first step in a broader initiative adopted by Sharjah Islamic Bank to strengthen collaboration with universities and colleges across the UAE. The initiative reflects the bank’s commitment to investing in national talent, promoting financial literacy, and contributing to the development of a future-ready workforce equipped to navigate the demands of a rapidly evolving economy.

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Technologies

The Role of AI in Transforming the Arab Private Sector

Artificial Intelligence (AI) shaping future of private sector in Arab world, highlights seminar

  • Dr. Nidal Abou Zaki: The gap between companies using AI and those not ahead of current technological trends is set to widen
  • AI is driving economic competitiveness and investments
  • 44 per cent of current skills are anticipated to change over next five years
  • The global AI market is projected to reach USD 4.8 trillion by 2033
  • 40 per cent of global jobs face digital transformation impact

June 4, 2026:Artificial Intelligence (AI) is emerging as a decisive force shaping the future of the private sector across the Arab world, fundamentally transforming business environments, corporate structures, and institutional performance, according to Dr. Nidal Abou Zaki, Founder and Managing Director of Orient Planet Group (OPG), who delivered the keynote address during a forum held recently at Al-Ahram Establishment in Cairo.

The event brought together business leaders, technology experts, economists, and media professionals to discuss the profound technological transformations reshaping corporate environments as the private sector in the Arab world faces a new phase of economic and digital transformations. Discussions focused on AI’s growing influence on management practices, productivity, competitiveness, decision-making, and the future of work.

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