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SPARK, formerly known as SRTIP, was established in 2016 by the stake app emirate’s ruler, Sheikh Dr. Sultan bin Mohammed Al Qasimi, and to date has over 7,500 companies registered under it, from healthcare to advanced manufacturing. The aim is to equip participants with the skills needed to adopt and scale AI solutions in real-world settings. “There are many who want to do things in the UAE but cannot come here, so we want to create a platform to allow them to be part of this.”

Sharjah launches AI Hub as ‘gateway’ for global talent and innovation

Get to know where the market bulls are investing to identify the right stocks. The outgoing promoters, including Unilever, are now reclassified as public. In 2016, Ed Craven and Bijan Tehrani established Easygo, a company which developed games for online casinos. It is operated by Medium Rare NV, a company incorporated in Curaçao where it holds an online casino licence. Copyright© 2026, THG PUBLISHING PVT LTD. or its affiliated companies. So far, around 26.9 per cent stake has already been acquired, with the remaining portion to be completed through warrant conversion in phases over the next 18 months.

• We see strong potential for Peko to scale regionally and globally, particularly as AI becomes increasingly embedded in enterprise operations.”
• Following the completion of all stages, IHC will be classified as a promoter of Sammaan Capital, reinforcing its strategic expansion into India’s financial services sector.
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• The Embassy of India in Kuwait expressed its condolences and was closely coordinating with the Kuwaiti authorities to render all possible support and assistance.

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“We think companies are talent, people at universities are talent, and also those from outside the UAE,” he said. Al Mahmoudi said the concept of talent within the ecosystem goes beyond individuals, extending to institutions and companies both within and outside the UAE. A total of 49 volunteers from the ‘Your Neighbourhood Officer’ initiative were deployed across 77 locations, working alongside response teams in areas including Al Qusais, Bur Dubai, Al Muraqqabat, Al Barsha and Al Rashidiya. Meanwhile in Dubai, Dubai Police volunteers stepped in to support residents across neighbourhoods during the recent heavy rains, returning 279 lost vehicle number plates and helping recover 30 stranded cars from flooded areas. The initiative helps them get replacement vehicle license plates lost during the weather conditions, with delivery directly to their homes without the need to visit service centers. But with troop deployments rising, tanker traffic constrained and one of the world’s most critical export hubs now in the strategic crosshairs, analysts warn the coming weeks may determine whether the current disruption remains contained — or evolves into the most serious global oil shock in more than a decade.

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Tuesday morning became extra special for actor Huma Qureshi as she woke up to a surprise shout-out from acclaimed global filmmaker Zack Snyder. Iranian forces have since attacked US assets and civilian infrastructure in Gulf countries, causing casualties and damage to infrastructure. The Embassy of India in Kuwait expressed its condolences and was closely coordinating with the Kuwaiti authorities to render all possible support and assistance.

The United States and its allies have released an estimated 400 million barrels from strategic reserves — the largest coordinated release on record — while temporarily easing restrictions on some sanctioned oil supplies to stabilise markets. Shipping disruptions triggered by attacks on civilian vessels and regional energy infrastructure have already slowed tanker traffic across the Gulf. Analysts say this widening gap between futures prices and physical delivery costs suggests headline oil benchmarks may still underestimate the scale of disruption building across global supply chains. “There are very real, physical manifestations of the closure of the Strait of Hormuz that are working their way around the world,” said Mike Wirth, chief executive of Chevron, speaking at the S&P Global CERAWeek energy conference in Houston. Kharg Island handles roughly 90 per cent of Iran’s crude exports, making it one of the single most important energy facilities in the global oil system. Bangladesh is also seeking more than $2.5 billion in external financing to support fuel and liquefied natural gas imports, amid rising energy costs and mounting pressure on foreign exchange reserves.

He explained the Park’s high-performance computing facilities, like the Sharjah Open Innovation Lab (SOILAB), as well as its network and relationship with outside partners will allow it to help provide companies with the support they need to grow. A new AI Hub has been launched in Sharjah aimed at accelerating AI adoption and will bring together infrastructure, partnerships and expertise into one ecosystem that supports companies looking to grow. Defence planners increasingly view the island as a decisive pressure point if tanker traffic through Hormuz remains constrained — a step that could remove 1.5 to 2 million barrels per day of Iranian exports from global markets almost overnight. Disruptions that began in South Asia are already spreading across wider energy markets, according to Wael Sawan, chief executive of Shell. The acquisition of Peko Holdings further strengthens IHC’s global portfolio and reinforces its commitment to backing businesses that enable economic participation, operational efficiency, and sustainable growth across diverse markets.