Author: Editorial Team

Gym-goers in Dubai were in for an unexpected moment after Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, was spotted during a visit to a fitness club in Nad Al Sheba on Wednesday, April 29. The sighting took place at FITCODE, a premium mixed health club, which shared clips of the visit on its Instagram Stories. In the videos, Sheikh Mohammed is seen walking through the gym alongside officials, as members paused mid-workout to take in the moment. Some were seen filming quietly, while others watched in surprise as he moved through the space. Reactions quickly followed online, with…

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Gold prices in the UAE stabilised, losing only Dh1 per gram, after a brief period of recovery. The 24K gold price was trading at Dh547.25 per gram at market open on Thursday, down from Dh548.25 per gram at the market close on Wednesday. Similarly, other variants also fell on Thursday, with 22K, 21K, 18K and 14K trading at Dh506.75, Dh486.00, Dh416.50, and Dh325.0 per gram, respectively. Globally, spot gold was trading at $4,562.7 per ounce at 9.30am UAE time. Silver was up 1.98 per cent at $72.16 per ounce. Stay up to date with the latest news. Follow KT on WhatsApp Channels.…

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TRIPOLI — The Libyan Red Crescent has said that a patrol boat has recovered 17 bodies and rescued seven people during an operation to assist a stranded vessel off the North African coast. At least ‌17 migrants died and nine are missing after their boat broke down and drifted for eight days in the Mediterranean Sea, Libyan security sources said on Wednesday. The ⁠security sources said they expected ‌the bodies of ‌the nine missing migrants to wash ashore in the ‌next few days. Pictures posted on the ‌Internet by the Red Crescent showed the volunteers placing the bodies in black…

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WASHINGTON — The US Senate on Tuesday blocked a Democratic-led resolution to prevent ‌President Donald Trump from military action against Cuba without congressional approval. The Republican-led Senate voted 51 to 47, almost entirely along party lines, on a procedural measure that blocked a war powers resolution, as members of Trump’s party argued that there are no active US hostilities against Cuba. Republican Senator Rick Scott of Florida, who introduced the point of ⁠order that stopped the resolution, said a war powers vote was not appropriate because Trump has not deployed troops. Democratic Senator Tim Kaine of Virginia, a lead sponsor…

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CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, and SpendConsole, a global leader in AI-powered finance automation, recently announced a strategic partnership to launch the UAE’s first sovereign, mandate-ready e-invoicing platform. The joint solution enables the UAE’s public and private sector entities to meet the Ministry of Finance’s new e-invoicing regulations, which will enter into voluntary effect on 1 July 2026, before becoming mandatory in phases from 2027. The UAE’s e-invoicing mandate also establishes a national foundation for real-time financial governance, standardised digital tax compliance and secure data exchange across public and private sectors.…

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A pharmaceutical breakthrough was unveiled by the Emirates Drug Establishment (EDE) on Thursday, April 23, with the announcement of the UAE’s first fully AI-discovered and developed drug candidate by a research team at Insilico Medicine in Masdar City, Abu Dhabi. The candidate, known as ISM0387, is a drug that targets an enzyme called PRMT5. It employs a method called “synthetic lethality” which enhances its selective activity against cancer cells while minimising its impact on healthy cells. The compound demonstrates promising potential in targeting solid tumours, particularly aggressive brain cancers, which are among the most treatment-resistant. Stay up to date with…

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AJMAN, 29th April, 2026 (WAM) — Ajman Bank PJSC reported a strong first quarter on Wednesday, posting net profit before tax of AED 134 million and et profit after tax of AED 130 million, as total revenue rose 22% year-on-year to AED 443 million, reflecting growth across the Bank’s core financing, treasury and fee-generating businesses. Net revenue increased 12% to AED 222 million, while non-funded income reached AED 63 million – equivalent to 28% of net revenue – pointing to continued progress in the Bank’s effort to build a more diversified income base beyond financing margin, resulting. H.H. Sheikh Ammar…

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Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, stated that the launch of a National Programme to Strengthen Supply Chain Resilience underscores the UAE’s commitment to bolstering economic security, ensuring the sustainable flow of vital commodities, and reinforcing the nation’s readiness to address global geopolitical and economic shifts. In statements to the Emirates News Agency (WAM), the minister noted that the programme was developed and tested during the period of Iran’s egregious attacks on the UAE and several regional countries, aiming to enhance the UAE’s capacity to manage challenges and disruptions affecting global supply chains. He explained that…

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NEW YORK — Saudi Arabia stressed the need for full implementation of the Treaty on the Non-Proliferation of Nuclear Weapons, while calling for a ceasefire in Gaza and renewed efforts toward establishing a Palestinian state based on the 1967 borders. The remarks were delivered by Saudi Permanent Representative to the United Nations Dr. Abdulaziz Al-Wasel during the 11th Review Conference of the treaty, as well as in broader UN discussions on regional developments. Al-Wasel said the treaty remains a cornerstone of the global non-proliferation regime, stressing the importance of maintaining balance among its three pillars: disarmament, non-proliferation, and the peaceful…

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RIYADH — Saudi Vision 2030 has entered its third and final phase in 2026, marking the last five-year stretch of the Kingdom’s flagship transformation strategy before 2030. After the first phase focused on building foundations and reforms, and the second phase centered on accelerating execution, Phase 3 is expected to be the peak delivery stage, turning years of planning, investment and institution-building into broader economic and social outcomes. Here is what Phase 3 is set to focus on: 1. Faster execution of national programs Saudi officials say the tools of transformation have reached their highest level of readiness, meaning ministries,…

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