DUBAI, 2nd July, 2026 (WAM) — The Dubai Virtual Assets Regulatory Authority today announced the issuance of its 50th Virtual Asset Service Provider licence, marking an important milestone in the development of Dubai’s regulated virtual assets market. The 50th licence has been issued to Tribe Tokenisation FZE. Its authorisation brings the total number of VASPs licensed by VARA to 50, reflecting the continued growth and maturity of Dubai’s virtual assets ecosystem. Since its establishment in 2022, VARA has developed a dedicated regulatory regime for virtual assets across the Emirate of Dubai. Its licensed market now includes firms operating across a…
Author: Editorial Team
Through hands-on learning, mentorship and real-world challenges, IIT Delhi – Abu Dhabi is building an early innovation pathway for UAE school students in AI, sustainability and emerging technologies Published: Fri 3 Jul 2026, 8:48 AM Every nation is shaped by the institutions it entrusts with its future, where thinking is formed, questions emerge, and knowledge is tested against real-world demands. In these spaces, classrooms, studios, laboratories, and campuses, ideas are refined into solutions and talent is developed into leadership capable of impact beyond institutional boundaries. For more than six decades, the Indian Institute of Technology Delhi has stood as part…
Plastic surgeons in the UAE are reporting a rising demand for extreme body contouring procedures, with patients increasingly seeking highly exaggerated body proportions. Doctors say the trend centres on ultra-slim, “snatched” waists paired with significantly enhanced curves — a look increasingly amplified by social media and influencer-driven beauty standards. The surge is unfolding alongside strong market growth, with the UAE cosmetic surgery and procedure sector projected to generate US$1,855.9 million by 2033, reflecting a compound annual growth rate of 9.8 per cent between 2026 and 2033, according to industry research. Stay up to date with the latest news. Follow KT…
CARACAS — Rescuers dug out a 44-year-old survivor trapped in the ruins of the mall where he worked in the Venezuelan state of La Guaira, more than a week after two strong earthquakes devastated the country’s northern coast. Work to save security guard Hernan Alberto Gil from the rubble of the nine-story Galerias Playa Grande shopping center began on Monday, according to El Salvador President Nayib Bukele, who has been posting updates on X about the operation. Gil had been given water and medics had attached him to an intravenous drip while teams from Venezuela, El Salvador, Chile, Costa Rica,…
NEW YORK — A high-level international dialogue on capacity building in high-risk environments, held during UN Counter-Terrorism Week, was organized by the IMCTC in partnership with Saudi Arabia and Bahrain. The session — titled “Capacity Building in Low-Capacity and High-Risk Environments” — was organized by The Islamic Military Counter Terrorism Coalition (IMCTC), in partnership with Saudi Arabia and Bahrain, and in cooperation with the United Nations Office of Counter-Terrorism (UNOCT) and the Terrorist Financing Targeting Center (TFTC). It featured extensive discussions of the key operational, institutional, and regulatory challenges in combating terrorism financing in low-capacity and high-risk environments. Held as…
ABU DHABI, 2nd July, 2026 (WAM) — Abu Dhabi Customs has received the Border Innovation award at the 2026 International Trade Awards, marking another international achievement for the organisation. Organised by the Chartered Institute of Export & International Trade in the United Kingdom, the award recognises Abu Dhabi Customs’ use of innovation and advanced technologies to strengthen the customs ecosystem and improve the efficiency and flow of cross-border trade. Abu Dhabi Customs received the award for TradeChain, its advanced digital platform designed to integrate with blockchain-based trade platforms worldwide. TradeChain improves customs operations by strengthening the reliability and integrity of…
The UAE is set to introduce national standards for children’s media content, the National Media Authority announced on July 1, as part of a broader push to elevate the quality and safety of what children consume across all digital and traditional media. Maitha Majid Al Suwaidi, Chief Executive Officer of the Media Strategy and Policy Sector at the National Media Authority, made the announcement during a media briefing on the Cabinet Resolution regulating children’s access to social media platforms. She said the new frameworks would be developed in collaboration with the Child Digital Safety Council and would serve as a…
BEIJING — Chinese authorities have concluded that the pilot who crashed a light aircraft into Beijing’s tallest skyscraper last week acted because of”personal reasons”, saying the 66-year-old had been struggling with “chronic insomnia and anxiety” before the incident. The findings were released on Thursday by the Chaoyang district government after its investigation into the crash at the 109-storey CITIC Tower, also known as China Zun. The accident claimed the life of the pilot, identified only by his surname Liu, and left 13 people injured. Officials said one of the injured has since been discharged from hospital. According to the investigation,…
According to recent reports Meta Platforms is planning to set-up a separate cloud business. This unit would sell access to computing power and AI models in a move to help fund Meta’s AI ambitions and reduce reliance on advertising revenue. Bloomberg reported the Facebook-owner could form the unit to sell outside customers excess computer power, rivalling “neocloud” businesses such as CoreWeave. The potential business line will be part of Meta Compute, its offering that runs and manages AI infrastructure assets. As part of the plans, Meta will look at selling access to AI models that are hosted on the company’s…
Zayed International Airport is handling more than 93,000 passengers a day and close to 500 daily flights, as travel demand continues to strengthen ahead of the summer holiday season, according to Abu Dhabi Airports. The airport operator said average daily passenger and flight volumes between June 26 and June 30 exceeded the levels recorded during the same period last year, highlighting the continued recovery and expansion of Abu Dhabi’s aviation sector. Stay up to date with the latest news. Follow KT on WhatsApp Channels. During the five-day period, Zayed International Airport connected travellers to more than 100 destinations worldwide, with…