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Masdar City, Mashreq Bank to boost UAE’s SME, start-up ecosystem

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Masdar City and Mashreq Bank have signed a Memorandum of Understanding (MoU) to provide financial services to Small and Medium-sized Enterprises (SMEs) and start-ups based in the City. This will include easy access to NeoBiz, the bank’s first digital banking platform designed specifically for start-ups and SMEs.

The MoU was signed by Abdulla Balalaa, executive director of Masdar City, and Vikas Thapar, executive vice president, head of Business Banking & NeoBiz at Mashreq Bank, at an official ceremony this week.

Balalaa said, “Masdar City is currently home to more than 1,000 companies, including a wide range of innovation-focused SMEs and start-ups. Through this strategic collaboration with Mashreq Bank, companies in Masdar City will have direct access to the bank’s cutting-edge suite of specially designed services to facilitate the upscaling of their operations.

“The City is Abu Dhabi’s only planned and approved R&D cluster. To businesses, we offer a unique ecosystem of education, R&D, and innovation, that allows them to develop and thrive and supports Abu Dhabi’s position as a world-leading business destination. At Masdar City, we are shaping and incubating the sustainable industries of tomorrow, and we look forward to adding Mashreq Bank to our valuable list of partners.”

Thapar stated that the agreement will enable Mashreq Bank to increase customer acquisition while also raising awareness of the bank’s digital platforms.

“Our commitment to fostering the SME ecosystem and efforts to catalyse SME development led to the development of NeoBiz and its suite of specially designed services. Through this partnership, Masdar City-based businesses will reap the benefits of NeoBiz, Mashreq Bank’s first start-up/SME focused digital banking platform, giving them further opportunity to adapt and grow rapidly,” Thapar added.

Via its Free Zone, Masdar City already offers easy access to a range of vital business services and benefits, including registration, government relations, visa processing, 100 per cent foreign ownership; 0 per cent import tariffs; dual-licensing; a rapid set-up process; reduced tax footprint, highly cost-effective licensing and office space, and a pro-business environment, access to R&D partnerships, and the freedom of repatriation of both capital and profits.

The City is also home to a range of international organisations, including the International Renewable Energy Agency, the UAE Space Agency, the regional headquarters of Siemens Energy, G42 Healthcare, the Advanced Technology Research Council, and the world’s first university dedicated to artificial intelligence, the Mohamed bin Zayed University of Artificial Intelligence.

Art

Sharjah Calligraphy Biennial 2026 opens October 7 with 681 artworks by 272 artists

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The 12th Sharjah Calligraphy Biennial will open on October 7 under the patronage of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, bringing together 272 Arab and international artists and featuring 681 artworks across a programme of 93 events.

Running through November 15, the Biennial will transform venues across Sharjah into spaces dedicated to Arabic calligraphy, contemporary art and cultural dialogue. Locations include Calligraphy Square, Sharjah Art Museum, House of Wisdom, University of the Arts Sharjah and 1971 – Design Space.

The programme was announced by Mohammed Ibrahim Al Qaseer, Director of the Directorate of Cultural Affairs at Sharjah’s Department of Culture and Director of the Biennial, during a press conference attended by Abdullah Al Owais, Chairman of Sharjah’s Department of Culture, participating artists and media representatives.

(Mohammed Ibrahim Al Qaseer, Director of the Directorate of Cultural Affairs at Sharjah’s Department of Culture and Director of the Sharjah Calligraphy Biennial, speaks during the press conference announcing the 12th Sharjah Calligraphy Biennial. Photos by Muhammad Sajjad)

Balance takes centre stage

Held under the theme Balance, the 12th edition explores one of the fundamental principles of Arabic calligraphy: harmony between proportion, precision, letters and space.

Al Qaseer said the Biennial’s continued development has helped strengthen the international presence of Arabic calligraphy, while creating new opportunities for artists to connect the traditional art form with contemporary artistic practices.

The Sharjah Calligraphy Biennial was established in 2004 under the patronage and support of the Ruler of Sharjah and has since developed into an international platform for calligraphers, artists and researchers. Sharjah’s Department of Culture says the 12th edition will feature local, Arab and international participation.

26 exhibitions, 61 workshops

The Biennial programme includes 26 exhibitions and 61 art workshops, alongside lectures, seminars and visual presentations.

The participating artists represent countries across the Arab world, including the UAE, Saudi Arabia, Kuwait, Egypt, Morocco, Jordan, Iraq, Lebanon, Syria, Bahrain, Oman, Libya, Yemen and Tunisia. International participation includes artists from Italy, Sweden, China, Canada, India, Pakistan, Malaysia, Germany, Turkey, Indonesia and other countries.

The 681 works span traditional calligraphy, modern and contemporary lettering, installations, murals and Islamic ornamentation.

Major exhibitions include Hilya Sharifa, Balance and Pioneers at Sharjah Art Museum. The museum will also host photography exhibitions exploring the relationship between the Arabic letter, visual culture and photography.

At House of Wisdom, Bymizan: From the Dot to the Meaning will examine the journey of the Arabic letter from its foundational dot to its completed visual and semantic form.

Other exhibitions will be presented at Emirates Society for Arabic Calligraphy and Islamic Ornamentation, Emirates Fine Arts Society, 1971 – Design Space and University of the Arts Sharjah.

International seminar on Arabic calligraphy

House of Wisdom will also host an international seminar titled Arabic Calligraphy Between Authenticity and Global Pioneering. The programme will bring together researchers, academics and artists to discuss the evolution of Arabic calligraphy and its place within contemporary global art.

The Biennial is expected to welcome around 100 guests, including media professionals, lecturers, calligraphers and workshop facilitators.

Three calligraphers to be honoured

The 12th edition will honour three prominent figures in Arabic calligraphy: Khalifa Elshimy of Egypt, Belaid Hamidi of Morocco and Ali Al Hammadi of the UAE. The three artists were previously announced among the honourees for the 2026 edition.

The Biennial will also present awards for outstanding works in its General Exhibition, including the Grand Prize, awards for traditional calligraphy, modern and contemporary calligraphic arts, and a special jury award for an Emirati calligrapher.

The General Exhibition itself reflects the Biennial’s focus on both heritage and innovation, bringing together traditional approaches alongside modern lettering and installation-based works.

With its international participation and extensive exhibition and educational programme, the Sharjah Calligraphy Biennial 2026 aims to reaffirm Arabic calligraphy as a living art form—rooted in heritage while continuing to evolve within the global contemporary art scene.


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Announcements

UAE petrol prices rise again: New fuel rates for October revealed

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Filling up in the UAE is about to get more expensive, with petrol and diesel prices rising across all categories from October 1.

UAE motorists are set to feel another pinch at the pump this month after the UAE Fuel Price Committee announced higher petrol and diesel rates for October 2026.

The increase means drivers will pay more per litre across every petrol category, while diesel prices have also moved higher.

Fuel prices for October

The new rates will take effect from Thursday, October 1. Here’s what motorists will pay:

Super 98: Dh4.40 per litre
Special 95: Dh4.28 per litre
E-Plus 91: Dh4.21 per litre
Diesel: Dh4.80 per litre

That means Super 98 rises by 60 fils per litre, while Special 95 and E-Plus 91 increase by 59 and 60 fils respectively. Diesel is up by 50 fils per litre.

How much more will a full tank cost?

For motorists, the increase could quickly add up over the course of a month.

For example, filling a 50-litre tank with Super 98 will cost Dh220 in October, compared with Dh190 in September, a difference of Dh30 per fill-up.

A 50-litre tank of Special 95 will cost Dh214, compared with Dh184.50 previously.

For E-Plus 91, the same tank will cost Dh210.50, up from Dh180.50.

Diesel drivers filling 50 litres will pay Dh240, compared with Dh215 in September.

Why are fuel prices changing?

The UAE Fuel Price Committee reviews retail fuel rates at the end of each month, with prices linked to movements in global energy markets.

UAE fuel prices have experienced notable fluctuations this year. Rates fell in July after several consecutive monthly increases, before moving higher again in August and September.

The latest increase comes amid continued volatility in global and regional energy markets.

What does this increase mean for household budgets?

For people who drive every day, higher fuel prices can have an effect beyond the cost of a single trip to the petrol station.

Commuters, families and businesses that rely heavily on road travel may see their monthly transport expenses rise, particularly if they fill up frequently.

Even a relatively small increase per litre can become more noticeable when multiplied across several refuelling trips over the month.

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Football community mourns ex-Chelsea star’s son after tragic desert hike

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Tributes have poured in after the son of former Chelsea star Eddie Newton was found dead alongside his friend following a hike in the UAE, where temperatures soared to 50C.

Cassius Newton, 34, and his friend Aran Martinson, 33, were found by rescuers on July 18 after setting out on a hike in the mountainous Wadi Naqab region.

The pair, from Dorset and Essex respectively, both lived and worked in the UAE. Their bodies were discovered between 3km and 4km from their vehicle.

According to a report, Chelmsford area coroner Michelle Brown said their provisional causes of death included cardiac and respiratory arrest.

Cassius, a non-league footballer, was the son of former Chelsea midfielder and coach Eddie Newton, who spent more than a decade with the club.

His wife was in the UK when she became concerned after Cassius failed to contact her following the hike and reported him missing.

The two men had been living at a luxury resort in Ras Al Khaimah.

Tributes after desert tragedy

Tributes poured in after the deaths.

Aran’s wife described him as “incredibly driven, hardworking and ambitious”, saying he had recently begun a new chapter in his career and was excited about the future.

Blackfield & Langley Football Club paid tribute to their former player, saying: “It is with heavy hearts that we share the sad news of the passing of former player Cassius Newton; our thoughts and deepest sympathies are with his family and friends during this difficult time.”

National League club Eastleigh, where Cassius had previously played, said it was “deeply saddened” by his death.

Chelsea connection

Cassius’ father Eddie Newton played for Chelsea from 1990 to 2001 and famously scored in the club’s 1997 FA Cup final victory.

The former midfielder also represented Cardiff City, Birmingham City, Oxford United and Barnet.

After retiring as a player, Newton moved into coaching, working as assistant manager at MK Dons and West Brom before returning to Chelsea.

He later served as assistant manager under Roberto Di Matteo and Rafael Benítez.

(With inputs from BBC, The Sun)

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