June 14, 2026
UAE
Business News The CEO

Jeff Bezos Bets on Lab-Grown Textiles to Transform Sustainable Fashion

Jeff Bezos is expanding his climate-focused investment strategy into fashion, backing the development of next-generation textiles that could reduce the industry’s dependence on fossil-fuel-based materials. Through the Bezos Earth Fund, Bezos and Lauren Sánchez Bezos have committed $34 million to support research into biodegradable fibers, plastic-free synthetic silk, and other innovative materials derived from bacteria

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Sharjah Ruler Receives Eid Al Adha Well-Wishers at Al Badi’ Palace

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, continued receiving Eid Al Adha well-wishers on Thursday at Al Badi’ Palace, alongside His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and His Highness Sheikh Sultan bin Ahmed bin Sultan

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Bodour Al Qasimi Highlights the Power of Books to Connect Cultures at Warsaw Book Fair

At the Warsaw Book Fair, Her Highness Sheikha Bodour Al Qasimi highlighted the important role that books play in connecting people from different cultures and backgrounds. As a respected publisher, cultural leader, and advocate for literacy, she emphasized how reading can help people better understand one another and build stronger relationships across borders. Her Highness

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Business News The CEO

Ferrari CEO defends €550K price tag for the brand’s first EV

Ferrari is entering a new era of luxury mobility with the upcoming launch of its first fully electric vehicle, the “Luce.” Despite the model’s staggering €550,000 price tag (around $640,000), Ferrari CEO Benedetto Vigna says customer demand has already been strong — particularly among a new wave of ultra-high-net-worth buyers. Speaking during a roundtable discussion

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Bodour Al Qasimi Chairs SBA Board Meeting to Advance Digital Transformation and Global Publishing Expansion

Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority (SBA), chaired a board meeting attended by board members and executive leaders to review the Authority’s digital transformation roadmap for 2025–2028 and discuss the expansion of its international participation across Europe, Asia, Africa, and Latin America. The meeting also focused on

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King Abdullah and Queen Rania joined by family for Jordan’s 80th Independence Day celebrations

Jordan marked its 80th Independence Day with a grand royal celebration attended by members of the Jordanian Royal Family at Al Husseiniya Palace in Amman. King Abdullah II led the ceremony alongside Queen Rania, Crown Prince Hussein, and Princess Rajwa. Princess Salma and Prince Hashem also joined the national celebration, reflecting the strong unity and

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UAE President Orders Release of 956 Inmates Ahead of Eid Al-Adha

Ahead of Eid Al-Adha, UAE President Mohamed bin Zayed Al Nahyan has directed the release of 956 inmates from correctional institutions across the UAE, while also covering the financial obligations linked to their sentences. The initiative reflects the UAE leadership’s continued focus on compassion, forgiveness, and social cohesion, offering inmates an opportunity to reunite with

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UAE Mandates First of the Month Salary Payments for Private Sector Employees Starting June 2026

Private sector companies across the UAE will be required to pay employee salaries by the first day of every month starting June 1, 2026, under a new ministerial resolution regulating wage payments through the Wage Protection System (WPS). Issued on May 12, Ministerial Resolution No. 0340 of 2026 introduces a unified salary payment deadline for

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Abdullah bin zayed Condemns Targeting of Civilian Facilities and Critical Infrastructure

Abdullah bin Zayed Al Nahyan strongly condemned the targeting of civilian infrastructure and facilities across the region, describing such attacks as a serious violation of international law and a dangerous escalation that threatens regional stability. In an official statement, Sheikh Abdullah stressed that civilian sites including schools, hospitals, universities, energy facilities, desalination plants, transportation hubs,

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Business News

Emirates breaks ground on $5.1bn MRO mega-site at Dubai South

Emirates has officially broken ground on a massive AED 5 billion aviation engineering complex at Dubai South, marking a major milestone in the emirate’s long-term aviation and infrastructure expansion plans. The new facility is expected to become one of the region’s largest and most advanced aviation engineering hubs, supporting aircraft maintenance, repair, and overhaul operations

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