Author: Arabian Media staff

Image: IHC Abu Dhabi-based IHC said on Friday it has increased its stake in Invictus Investment Company to about 40 per cent after acquiring an additional 17.5 per cent holding in a transaction valued at roughly Dhs420m. The investment was made through the purchase of 196 million shares in a major block trade, lifting IHC’s total shareholding in Invictus to approximately 40 per cent, the company said. Invictus Investment Company operates across global trade corridors covering food commodities, industrial inputs, logistics and supply chain solutions. The company reported strong growth across its international operations, delivering its highest financial performance to…

Arvind Ramamurthy, chief market development officer at ADGM As Abu Dhabi cements its status as one of the world’s most influential financial centres, family offices are emerging as a core pillar of its investment ecosystem. Today, ADGM (Abu Dhabi Global Market) is not only celebrating a decade of regulatory excellence and institutional expansion, but also positioning itself as the most sophisticated jurisdiction for global and regional family offices seeking governance, stability, and long-term wealth preservation. Few leaders have had a closer vantage point to this transformation than Arvind Ramamurthy, chief market development officer at ADGM, who has witnessed firsthand the…

Credit for images: Parking meter-left (WAM) and Abu Dhabi skyline-right (Getty Images) Q Mobility has announced the commencement of parking regulation in the commercial sectors of Mohamed Bin Zayed City, under the supervision of the Integrated Transport Centre of the Department of Municipalities and Transport, starting Monday, December 15, 2025. According to a WAM report, the initiative forms part of ongoing efforts to reduce illegal and random parking while optimising traffic flow across key commercial areas. The first phase covers ME9, ME10, ME11 and ME12, focusing on the optimal use of parking spaces and the creation of organised, safe parking…

Image: Getty Images/ For illustrative purposes Dubai Police issued a public safety alert to residents and citizens on Saturday evening, warning of adverse weather conditions across the emirate. The alert was sent directly to mobile phones. Authorities urged the public to avoid beaches and marine activities, stay away from valleys and flood-prone areas, and exercise caution while driving. Residents were also advised to follow official guidance and instructions as conditions evolve. UAE weather alert for December 13-19 On Friday, December 12, the National Centre of Meteorology (NCM), reported that the UAE will be affected by a surface low-pressure system from…

L to R: Rehan Jalil, CEO of Securiti AI, with Anand Eswaran, CEO of Veeam When Veeam announced a definitive agreement to acquire California-based Securiti AI, it signalled a new era for artificial intelligence (AI). It unites the global leader in data resilience with the leader in data security posture management (DSPM), data access governance, AI security, and privacy – addressing one of the biggest challenges facing enterprises today: how to accelerate safe AI at scale. Veeam is hosting a special event at the Jumeirah Burj Al Arab hotel in Dubai on December 18, where top executives from both companies…

Image: Getty Images OpenAI announced the launch of GPT-5.2, the latest iteration in its flagship generative AI suite, designed to deliver deeper reasoning, enhanced productivity, and more trustworthy outputs for business and professional use. The rollout, which began on December 11, targets paid subscribers and enterprise developers, giving organisations access to upgraded capabilities that are purpose-built for complex workflows, data-intensive tasks, and multi-step decision support. Strategic timing in a competitive AI landscape GPT-5.2 arrives just weeks after GPT-5.1 and concurrently with rival announcements such as Google’s latest AI research agent, underscoring a broader “AI arms race” among leading technology companies.…

Image: Getty Images/ For illustrative purposes The Ministry of Human Resources and Emiratisation (MoHRE) said that Thursday, January 1, 2026, will be an official paid holiday for all private-sector workers in the UAE to mark the New Year. The ministry’s statement follows a circular issued in line with the cabinet’s approved list of public and private-sector holidays. Jan 1 holiday for federal sector and Jan 2 will see remote working kick in The Federal Authority for Government Human Resources has also confirmed that federal employees will observe the New Year holiday on Thursday, January 1, 2026, a WAM report shared.…

Image credit: Dubai Media Office (Picture used for illustrative purposes) Parkin Company, Dubai’s leading provider of paid public parking facilities and services, has signed a landmark five-year agreement with DAMAC Properties, one of the UAE’s foremost real estate developers renowned for its iconic residential communities. The partnership forms a key pillar of Parkin’s strategy to broaden its presence in the developer parking segment. Designed to ease traffic flow, enhance customer experience and optimise the utilisation of approximately 3,600 parking spaces across DAMAC’s prime developments in Dubai and Abu Dhabi, the collaboration reflects both companies’ commitment to delivering smarter, more efficient…

Image credit: Dubai Media Office/Website The Federal Authority for Government Human Resources in the UAE has confirmed that the New Year holiday for federal government employees will fall on Thursday, January 1, 2026. Read more-Flying out soon? UAE airlines unlock new ways to explore Asia, Europe According to a WAM report, Friday, January 2, 2026, will shift to remote work for all federal staff, except those whose roles require on-site duties. The authority extended its congratulations to the UAE’s leadership, government, citizens, and residents, offering wishes of continued health, stability, and well-being. Source link

Image: Supplied Huawei has expanded its global device portfolio with the launch of four new flagship products unveiled at its “Unfold the Moment” event — the HUAWEI Mate X7, HUAWEI FreeClip 2, HUAWEI WATCH ULTIMATE DESIGN, and HUAWEI MatePad 11.5 S. The lineup reflects the company’s continued push into premium foldables, next-generation audio, luxury wearables, and creator-focused tablets. Zhu Ping, President of Marketing and Sales Services at Huawei Consumer Business Group, said the company remains committed to bringing “warmth” to technology. “By understanding and responding to users’ real needs, we aim to help the world’s consumers use technology to unfold…