Thuwal Private Retreat, an exclusive island destination in the Red Sea north of Jeddah, is positioning itself as Saudi Arabia’s only fully private island buyout experience, offering guests complete access to the island and its facilities. Accessible via a private yacht transfer from King Abdullah University of Science and Technology (KAUST) Marina following arrival in Jeddah, the retreat caters to family gatherings, private celebrations, corporate retreats and destination weddings through a fully customized hospitality model. The island accommodates up to 12 adults and three children across a three-bedroom master beachfront villa and three separate one-bedroom beach pavilions. The accommodations feature…
Author: Editorial Team
MEXICO CITY — FIFA President Gianni Infantino defended ticket prices for the 2026 FIFA World Cup on Wednesday, saying demand for the tournament has reached unprecedented levels, with more than six million tickets already sold. Speaking at a news conference in Mexico City, Infantino said interest in the tournament, being hosted by the United States, Canada and Mexico, has exceeded expectations. “The demand has been unprecedented,” Infantino said. “The number of ticket requests we received has been absolutely incredible.” FIFA has faced criticism from some supporters over the sharp rise in ticket prices compared with previous World Cups, particularly after…
Riyadh — As part of the recently announced major global expansion of NVIDIA’s DRIVE Hyperion™ robotaxi-ready platform ecosystem, HUMAIN, a Public Investment Fund (PIF) company delivering full-stack artificial intelligence capabilities, will be leading the platform’s entry into the Middle East. The global expansion, which brings together leading automakers, manufacturing and autonomous vehicle (AV) software ecosystem partners, and ride-hailing mobility providers to build and expand Level 4-ready robotaxi fleets across Asia, Europe, and the Middle East, will see HUMAIN leverage its AI and mobility ecosystem alongside NVIDIA’s DRIVE Hyperion™ to support the development and deployment of Level 4-ready autonomous transportation solutions…
RAS AL KHAIMAH, 10th June, 2026 (WAM) — Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem. The partnership was formalised during a signing ceremony at Compass Coworking Centre between MBRIF Head Shaker Zainal and RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed. The collaboration reflects a shared commitment to helping innovative businesses access funding support, ecosystem connections, and growth opportunities that enable long-term scalability and…
Sharjah motorists will face temporary traffic diversions at two key locations from June 13. According to authorities, these diversions are part of ongoing road infrastructure projects to improve traffic flow and enhance the road network’s efficiency across the emirate. The Sharjah Roads and Transport Authority (SRTA) announced a temporary partial closure of Al Taawun Street and a traffic diversion linked to the Al Taawun Tunnel Development Project at the site of the existing roundabout. According to the diversion plan, vehicles travelling towards Dubai and the Al Nahda Bridge will be redirected via Al Corniche Street. Meanwhile, motorists coming from Al…
The FIFA World Cup returns to North America this summer for the first time since 1994, but the tournament awaiting fans in 2026 is vastly different from the one that helped introduce the sport to a wider American audience more than three decades ago. From an expanded field and soaring ticket prices to new rules and modern stadiums, the World Cup has evolved into a much larger global event since the United States last hosted football’s biggest tournament. A tournament twice the size The most significant change is the number of participating teams. The 1994 World Cup was the last…
MANAMA — Bahrain’s Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa received Saudi Minister of Foreign Affairs Prince Faisal bin Farhan along with foreign ministers and representatives of GCC member states. The meeting was held on the sidelines of the 167th meeting of the Gulf Cooperation Council (GCC) Ministerial Council in Manama on Wednesday. During the reception, they reviewed the fraternal and historical relations among GCC states, ways to strengthen joint Gulf action, and the council’s role in achieving coordination, integration, and interconnection among member states across various fields. The ministerial council meeting is chaired by Bahrain’s…
Dubai launched an authority for health longevity on Wednesday, June 10, set to be chaired by the emirate’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. The Dubai Longevity Authority will work to accelerate efforts to develop a world-class ecosystem that embraces the latest medical solutions, biotechnologies, and life sciences. It will also build an integrated framework that brings together scientific research, innovation, investment, and global partnerships to create a healthier future for humanity. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In an announcement, Dubai’s Ruler, Sheikh Mohammed bin Rashid Al Maktoum,…
Nemetschek Arabia, part of the Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, is participating in Project Qatar 2026 as the event’s AEC/O Technology Sponsor, reaffirming its commitment to driving digital transformation and sustainable development across Qatar’s rapidly evolving built environment sector. Taking place from 9 to 11 June 2026 at the Doha Exhibition and Convention Center (DECC), Project Qatar 2026 brings together global construction leaders, innovators, and policymakers under the theme “Innovation & Sustainability: Qatar’s Path to 2030”. As part of its participation, Nemetschek Arabia is showcasing its ‘Connected…
DUBAI, 10th June, 2026 (WAM) — Dubai Islamic Bank (DIB), rated A3 by Moody’s and A by Fitch, has successfully priced a US$1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250 percent, equivalent to a reset spread of 191.10 basis points over the interpolated US Treasury rate. The transaction reflects strong investor confidence in DIB’s robust credit fundamentals, resilient profitability, and prudent capital management framework. Executed against a challenging geopolitical backdrop, the issuance attracted significant demand from regional and international investors, reaffirming the bank’s credit strength and strategic market positioning. DIB successfully raised US$1…