WASHINGTON — US officials have unveiled the full text of a 14-point memorandum of understanding with Iran designed to extend the ceasefire, reopen the Strait of Hormuz and create a framework for ending the conflict between the two countries. The Trump administration has described the agreement as “performance-based,” with benefits for Iran tied to compliance with its commitments. President Donald Trump said at the G7 summit in France that the agreement could be formally signed as early as Thursday. The memorandum begins with an immediate and permanent cessation of military operations by all parties, including in Lebanon. It states that…
Author: Editorial Team
HOUSTON — Congo produced one of the biggest surprises of FIFA World Cup 2026 after holding Portugal to a 1-1 draw on Wednesday, earning its first-ever point at the tournament and scoring its first World Cup goal. The African side, appearing in the World Cup for the first time since 1974, frustrated Cristiano Ronaldo and Portugal in front of 68,777 spectators at NRG Stadium. Portugal made the perfect start when João Neves headed home Pedro Neto’s cross in the sixth minute to put the European side ahead. However, Congo responded just before halftime when Yoane Wissa powered in a header…
JEDDAH — The Qiwa platform, affiliated with the Ministry of Human Resources and Social Development, has announced that the maximum number of instant visas available to newly established businesses that are less than two years old has been reduced to five visas only. The platform further clarified that businesses operating for more than two years may obtain up to 50 instant visas, whether through a single application or multiple applications submitted at the entity level within the same week. According to Qiwa, businesses enrolled in the establishment program and meeting the prescribed requirements will initially be granted two visas. The…
Nvidia has reportedly told Chinese customers its new Vera CPU for AI data centres could be available to them in August 2026. This move is likely calculated to regain ground in a market where its advanced GPU business has been stalled by U.S. export curbs. Reuters reported the chipmaker is pitching Vera as an alternative route into China after shipments of its H200 AI chip stalled for months. CEO Jensen Huang previously said Nvidia’s market share in China had effectively fallen to zero, reflecting tighter U.S. restrictions and Beijing’s push to support domestic suppliers. The news site noted Vera is…
A fire broke out across the top floors of the North Tower of the Emirates Financial Towers in the early hours after midnight on Thursday morning. Eyewitnesses reported seeing clouds of smoke billowing out of the tower. Orange flames could also be seen erupting from the top floors of the building. Authorities were at the site in minutes with multiple police cars present. The road, Al Sukook Street, leading to the building was closed. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Traffic and pedestrians were also being prevented from accessing the area as part…
SANTA CLARA, California — Austria celebrated its return to the FIFA World Cup after a 28-year absence with a 3-1 victory over tournament debutant Jordan in Group J on Tuesday. Romano Schmid, an own goal by Yazan Al Arab and a late penalty from veteran Marko Arnautovic secured all three points for the Austrians, who are appearing in their first World Cup since 1998. Austria controlled much of the opening half and took a deserved lead in the 20th minute when Schmid found the net to put his side in front. Jordan, making its historic World Cup debut, responded admirably…
SANTA CLARA, California — Austria celebrated its return to the FIFA World Cup after a 28-year absence with a 3-1 victory over tournament debutant Jordan in Group J on Tuesday. Romano Schmid, an own goal by Yazan Al Arab and a late penalty from veteran Marko Arnautovic secured all three points for the Austrians, who are appearing in their first World Cup since 1998. Austria controlled much of the opening half and took a deserved lead in the 20th minute when Schmid found the net to put his side in front. Jordan, making its historic World Cup debut, responded admirably…
ABU DHABI, 17th June, 2026 (WAM) — Abdullah Sultan bin Awad Al Nuaimi, Minister of Justice and Chairman of the Federal Judicial Council, affirmed during the opening of the Fourth Annual Conference on Financial Restructuring and Bankruptcy (FRC 2026) in Abu Dhabi that the Ministry is developing an integrated digital platform for financial restructuring and bankruptcy procedures, aimed at simplifying processes, providing remote services, and enhancing operational efficiency in line with international best practices. Al Nuaimi said the Ministry is accelerating the adoption of artificial intelligence (AI) and generative AI technologies to advance judicial and legal services, strengthen legal knowledge…
BRUSSELS — The European Parliament on Wednesday approved reforms to European Union rules governing the return of third-country nationals staying illegally in the bloc, in a move aimed at accelerating procedures while strengthening cooperation with non-EU countries. According to a statement, lawmakers adopted the proposal by a vote of 418-218, with 30 abstentions, following a provisional agreement reached with the EU Council on June 1. “After almost 20 years of standstill, Europe finally has them. Return is the final piece in Europe’s migration system, and I’m hugely proud it’s now in place,” said Dutch lawmaker Malik Azmani, the rapporteur for…
Google is reportedly in discussions with Samsung Electronics to manufacture part of its next-generation AI processor. If this manufacturing deal emerges it could include the use of Samsung’s 2-nanometer production technology. The Information reported Google plans for TSMC to produce the main computing component of its tensor processing unit (TPU), codenamed Icefish, while Samsung may manufacture a component which helps connect it to memory. Reuters reported the tech giant is also working with chip designer MediaTek on the overall design. Icefish is still in development, with mass production possible as early as 2028. Landing the deal would be a major…