WASHINGTON — President Donald Trump on Thursday dismissed reports of the US military being low on munitions amid the war with Iran, saying his administration is determining who leaked the information to news outlets. “The US has massive amounts of ‘munitions,’ especially of certain types,” Trump wrote on Truth Social. “Additionally, large amounts are being manufactured and shipped to the US as needed.” The White House and Pentagon have pushed back on a slate of recent reports indicating that supplies of both offensive and defensive weapons have dropped dangerously low after five months of war on Iran. Trump’s frustration over…
Author: Editorial Team
DUBAI, 7th August, 2026 (WAM) — Emaar Properties PJSC delivered a resilient performance during the first half of 2026, with revenue up 21 percent to AED23.9 billion (US$ 6.5 billion), EBITDA up 24 percent to AED12.9 billion (US$ 3.5 billion), and net profit before tax up 23 percent to AED12.8 billion (US$ 3.5 billion). Building on its performance during the first quarter, Emaar continued to deliver balanced contributions across its development, recurring income, and international businesses. Property Sales recorded approximately AED26.6 billion (US$ 7.2 billion) during H1 2026. Revenue backlog from property sales reached approximately AED164.9 billion (US$ 44.9 billion)…
RIYADH — The Insurance Authority has adopted the beneficial ownership guidelines and granted insurance companies a 30-day grace period to comply with the new requirements. In a circular, the Authority outlined the requirements for identifying the beneficial owner in accordance with the Anti-Money Laundering Law and its Executive Regulations, the Anti-Terrorism and Financing of Terrorism Law and its Executive Regulations, and the Beneficiary Rules. It also reaffirmed its regulatory, supervisory, and oversight responsibilities over the insurance sector. The Authority noted that the Ministry of Commerce has launched a service enabling disclosed beneficial ownership data of companies to be accessed through…
RIYADH — Saudi Crown Prince and Prime Minister Mohammed bin Salman discussed regional developments and efforts to strengthen security and stability and ensure freedom of maritime navigation during a phone call with French President Emmanuel Macron. The Crown Prince received the call from Macron early Friday, during which the two leaders also reviewed bilateral relations and areas of cooperation between Saudi Arabia and France, as well as ways to further develop them. They also exchanged views on a number of regional and international issues of mutual interest, according to the Saudi Press Agency. Source: Saudi Gazette
Ehab Adel, Director – Cybersecurity & AI Factory, Mindware. For years, cybersecurity strategies were built around a single objective: keep attackers out. Organisations invested heavily in firewalls, antivirus software, perimeter defenses, and access controls, believing that stronger preventive measures would stop cyber threats before they could cause harm. Today’s digital enterprises operate in an environment where sophisticated attackers, cloud-first infrastructures, remote workforces, connected devices, third-party ecosystems, and artificial intelligence have dramatically expanded the attack surface. Even the most mature organisations acknowledge an uncomfortable reality: no security control can prevent every attack. The question is no longer if an organisation will experience a cyber incident.…
NEW YORK, 7th August, 2026 (WAM) — Europe’s sugar output is set to fall to the lowest in more than a decade as hot weather damages an already smaller beet crop, tightening global supplies under pressure from a powerful El Niño. Production in the European Union and the UK is set to fall to about 15 million tonnes, the lowest level since the 2015 season, Bloomberg reported, citing data from S&P Global Energy. A series of heat waves this summer have battered yields for the current season after acreage had already declined for a second straight year as producers curbed…
JEDDAH — Saudi Arabia will host a trilateral summit in Jeddah on Friday bringing together Crown Prince and Prime Minister Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Muhammad Shehbaz Sharif. The Turkish presidency announced on Thursday that Erdoğan will make a one-day working visit to Saudi Arabia on Friday, during which he is scheduled to meet Crown Prince Mohammed bin Salman and Sharif. Sharif arrived in Jeddah on Thursday evening for a three-day official visit to Saudi Arabia, accompanied by a high-level delegation that includes Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar, Chief…
ABU DHABI, 7th August, 2026 (WAM) — Ismail Koray Karatayli, a Turkish Jiu-Jitsu athlete, said that representing his country means a lot to him. “My family and my coach have supported me a lot, and I want to make them proud.” He made the remarks during his participation in the 2026 Jiu-Jitsu World Championship at Mubadala Arena in Abu Dhabi. The long journeys and hours of training have paid off. Karatayli earned a place in the Türkiye National Team and represented his country at the championship, competing in the Adults Ju-Jitsu Fighting Male Under-77kg division. For 21-year-old Ismail Koray Karatayli,…
RIYADH — The unified emergency number 911 received more than 2.73 million calls across Makkah, Madinah, Riyadh and the Eastern Province during July 2026, the National Center for Security Operations said. The Unified Security Operations Centers handled a total of 2,733,359 calls during the month, receiving emergency reports and directing them to the relevant security and service authorities. Riyadh recorded the highest number of calls at 1,129,908, followed by Makkah with 847,929 and the Eastern Province with 514,984. The Madinah region recorded 240,538 calls during the same period. The centers operate around the clock using advanced automated systems and specialized…
ABU DHABI, 7th August, 2026 (WAM) — The Ministry of Finance has announced the issuance of Ministerial Decision No. (131) amending certain provisions of the Ministerial Decision on the Taxation of Corporations and Businesses. The amendment extends the period during which Small Business Relief may be claimed to tax periods ending on or before 31st December 2029. The decision forms part of the ministry’s ongoing efforts to support small businesses and start-ups, strengthen the business environment, and enable entrepreneurs to grow and expand their businesses, thereby reinforcing the UAE’s position as a leading global destination for investment. It also reaffirms…