Abu Dhabi’s Department of Health (DoH) and the MIT Koch Institute for Integrative Cancer Research have announced a new partnership to strengthen AI Oncology Research and accelerate cancer innovation. The collaboration will combine Abu Dhabi’s growing life sciences sector with MIT’s research expertise to develop new ways to prevent, study, and treat cancer. The partnership aims to turn scientific discoveries into practical healthcare solutions that improve patient care. Officials say the agreement supports both the UAE’s National Cancer Strategy and MIT’s long-standing leadership in cancer research. By bringing together researchers, healthcare professionals, and technology experts, the two organizations hope to…
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OMN AI
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Investors across the Middle East are paying close attention to dividend-paying companies as regional stock markets face fresh pressure. Concerns over ongoing US-Iran talks and cautious investor sentiment have weighed on several Gulf market indices. In this environment, dividend stocks are becoming an attractive choice for people looking for stable returns. Companies that pay regular dividends can offer investors a steady source of income even when stock prices move lower. Many investors also view these businesses as more stable because they often have strong cash flow and established operations. One company drawing attention is Abu Dhabi Commercial Bank PJSC. The…
Abu Dhabi has warned building owners and businesses that installing illuminated advertising boards without official approval can result in a Dh10,000 fine. The Abu Dhabi Civil Defence said the rule applies to illuminated signs placed on building facades and rooftops and is intended to protect public safety. The authority explained that the violation falls under Item 53 of the general violations listed in Cabinet Resolution No. 24 of 2012, which regulates civil defence services across the UAE. Officials stressed that property owners, operators, and businesses must obtain the required permits before installing any illuminated advertising boards. The regulation covers existing…
India’s aluminium industry is set for a major boost after the Adani Group and Abu Dhabi-based International Holding Company (IHC) signed a memorandum of understanding to jointly develop a large integrated aluminium complex in Odisha. The project is expected to attract an investment of $11.5 billion and become one of the biggest foreign investments in India’s metals sector. Under the agreement, both companies will own equal 50% stakes in the joint venture. The planned complex will include an alumina refinery, an aluminium smelter, a captive power plant, and a downstream aluminium manufacturing park. Officials said the project will strengthen India’s…
Abu Dhabi has launched a new Cooling Load Manual to improve energy efficiency and support sustainable construction across the emirate. The Department of Energy introduced the new guidance as part of its Energy and Water Efficiency Strategy 2030. Officials said the manual will help developers, engineers, and designers install correctly sized air conditioning systems, reduce energy use, and lower building costs. Air conditioning is one of the largest users of electricity in the UAE. Officials said AC systems account for around 60% to 70% of electricity consumption in buildings. Many of these systems are also larger than necessary, with oversized…
Abu Dhabi has reminded building owners and businesses that installing illuminated advertising signboards without official approval can lead to a Dh10,000 fine. The warning highlights the importance of following safety regulations before placing illuminated signs on building facades or rooftops. Officials said the rule is designed to protect people, buildings, and property by ensuring that all installations meet approved safety standards. The Abu Dhabi Civil Defence said the violation is covered under Item 53 of the general violations listed in Cabinet Resolution No. 24 of 2012. The regulation governs civil defense services across the UAE and sets out penalties for…
Abu Dhabi has announced two major partnerships with the Massachusetts Institute of Technology (MIT) to strengthen cancer research and speed up the development of new medical treatments. The agreements aim to improve cancer care by combining advanced research, artificial intelligence, and precision medicine with Abu Dhabi’s growing life sciences sector. The collaborations were announced during the BIO International Convention 2026 in San Diego. They bring together the Department of Health – Abu Dhabi (DoH), Future Health – A Global Initiative by Abu Dhabi, and MIT’s Koch Institute for Integrative Cancer Research. Together, they plan to create new opportunities for research,…
Mandarin Oriental Hotel Group has announced a new luxury residential project in Abu Dhabi. The company will develop Emirates Palace, Mandarin Oriental Mansions, a collection of 35 private homes located within the grounds of Emirates Palace Mandarin Oriental. The project is expected to be completed and handed over in 2029. The new development marks the Group’s latest standalone residential project in the Middle East. It also reflects the growing demand for luxury homes in Abu Dhabi as the city continues to attract local and international buyers looking for premium properties. The project is owned by Emirates Palace Company (EPCO) and…
Abu Dhabi’s technology investment company MGX has closed its first AI investment fund at $49 billion. The final amount is higher than its original target of $45 billion. The milestone makes it one of the largest AI-focused investment funds ever created and highlights the growing role of Gulf investors in the global artificial intelligence industry. The fund supports companies across the full AI sector. It invests in advanced AI developers, data centers, chip technology, and digital infrastructure. The latest fund closing also shows that global investors continue to place strong confidence in AI as one of the fastest-growing industries. MGX…
Dubai’s property market started trading on Friday with deals worth almost Dh900 million. The strong start came from the sale of four large land plots and one luxury villa. These sales show that buyers still have strong interest in premium real estate across the city. Property data released through the Dubai REST app showed that investors completed several major deals during the opening hours of trading. Large land sales made up most of the value. A luxury home sale on Palm Jumeirah also added to the day’s total. The biggest transactions involved four land plots in City of Arabia. The…
