Business & Investments, Featured

J.P. Morgan Private Bank Unveils 2026 Mid-Year Outlook: Promise and Pressure

  • The closure of the Strait of Hormuz is the largest oil supply shock since World War II but it is not an isolated event; it is the latest chapter in a structural reorientation of the global economy toward the security and resilience
  • Compelling opportunities in emerging markets, security-driven investment, and national champions
  • Rolling shocks are structural, not cyclical, and stocks and bonds alone are no longer enough
  • The narrative on artificial intelligence has become too pessimistic, the evidence points to a continuing super-cycle

Dubai, UAE., – May 12, 2026 – J.P. Morgan Private Bank today released its 2026 Mid-Year Global Investment Outlook, Promise and Pressure, an examination of the forces reshaping global markets at the midpoint of a pivotal year.

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Technologies

G42 Advanced Technologies Art Award: Apply Now

Think Art. Think Tech. Then Break the Algorithm: ADMAF Opens Applications for Inaugural G42 Advanced Technologies Art Award

New award in collaboration with G42 and Mohamed bin Zayed University of Artificial Intelligence invites creatives to reimagine cultural heritage through advanced technologies for an AED 50K prize

Abu Dhabi, United Arab Emirates, May 11, 2026: As AI and technology continue to shape the art world, ADMAF has launched the new G42 Advanced Technologies Art Award in collaboration with G42 and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The programme aims to support the integration of advanced technologies into visual arts practices in the UAE.

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Education, Technologies

MAHE Dubai Unveils NEXORA: AI Lab for Future Leaders

Manipal Academy of Higher Education (MAHE) Dubai Launches ‘NEXORA’ – a Next-Generation AI Lab Powering Future-Ready Talent in the UAE

Dubai, United Arab Emirates – May 12, 2026: At a time when artificial intelligence is rapidly reshaping economies, industries, and education systems, the UAE is accelerating its ambition to become a global AI hub. Against this backdrop, Manipal Academy of Higher Education (MAHE) Dubai Campus has unveiled NEXORA, a next-generation Artificial Intelligence lab designed to equip students with applied, real-world AI capabilities.

The launch comes as the UAE’s AI market is valued at over USD 3.47 billion and is projected to grow at nearly 44% annually through 2030, with AI expected to contribute up to 14% of the country’s GDP. At the same time, the country is advancing its talent agenda, with artificial intelligence being introduced into school curricula from the 2025–2026 academic year, alongside increasing employer demand for AI and data-driven skills.

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Business & Investments

ADPIC and ADHA Partnerships Drive Local Manufacturing in Abu Dhabi

ADPIC and ADHA to increase use of locally made building materials in housing projects to 80%

  • The MoU supports national industrial development and enhances the sustainability of local supply chains
  • The announcement was made during Make it in the Emirates 2026

Abu Dhabi, UAE, 9 May 2026:Abu Dhabi Projects and Infrastructure Centre (ADPIC) and Abu Dhabi Housing Authority (ADHA) have signed a Memorandum of Understanding at ‘Make it in the Emirates 2026’, the nation’s flagship industrial platform, to increase reliance on locally manufactured building materials across housing projects in Abu Dhabi to up to 80%.

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Sports & Recreations

SPADREC Expands Sport Investment Portfolio with Addition of SportsLab

Strengthening capabilities across sport design, development, and delivery as SPADREC Sport Investment continues to scale its integrated platform

Dubai, UAE – 11 May 2026 – SPADREC Investment, a leading sports and lifestyle investment platform backed by Abdulla Al Arif Holding, has announced that  SportsLab, an international sports design and product development company, will join its growing portfolio through SPADREC Sport Investment. This further strengthens its capabilities as it continues to scale a connected sport and active lifestyle hub across the region and beyond.

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