NEW YORK, 28th July, 2026 (WAM) — Tech giant Apple regained its crown as the world’s most valuable company on Monday, edging past chipmaker Nvidia. Apple’s market value climbed to about $4.94 trillion, topping Nvidia’s roughly $4.83 trillion. Investors have increasingly viewed Apple’s restrained capital spending as a strength, especially compared with rivals committing tens of billions of dollars to new artificial intelligence (AI) infrastructure. While companies such as Alphabet and Tesla have stepped up spending to support AI data centres, robotaxis and robotics, Apple has cut capital expenditures over the past three quarters even as it continues to expand…
Author: Editorial Team
ABU DHABI, 27th July, 2026 (WAM) — Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 5th Abu Dhabi Finance Week (ADFW), hosted by ADGM on Al Maryah Island, will take place from 7th-10th December 2026 under the theme “The Capital Community, Powered by Partnerships”. The 5th ADFW will bring together more than 800 speakers, alongside leading investors, executives from major financial institutions, policymakers and financial industry leaders from around the world, to exchange insights on the future of finance, global capital…
For Salem Al Hashemi, the journey around the world’s biggest marathons began with curiosity rather than ambition. When his brother persuaded him to enter a 10km race in Abu Dhabi during the Covid-19 pandemic, the civil engineer and former footballer wasn’t even sure he could finish the distance. Today, after years of balancing work, family life and up to 100km of training each week, he has completed every race in the expanded Abbott World Marathon Majors series, taking him from the streets of Abu Dhabi to some of the world’s most iconic marathon courses. “I just wanted to know if…
The real estate development sector in Saudi Arabia is undergoing rapid changes in urban planning philosophy. Success is now gauged by creating integrated communities that improve quality of life, aligning with Saudi Vision 2030 goals. Al Rashid Properties sees these communities as key to the country’s new urban development phase. Based on this vision, Al Rashid Properties continues to develop its residential communities within integrated residential environments, guided by the conviction that real estate development is now linked to building communities that meet residents’ needs, in addition to developing residential units. The company leverages over 30 years of experience at…
Google upgrades iPhone switching tool. Source: Tahawul Tech
As grape harvest season gets under way in Ras Al Khaimah’s mountainous Asimah region, a local farmer says demand for Emirati grape seedlings has surged tenfold over the years, with his nursery now producing more than 10,000 local grape seedlings each season to meet growing interest in cultivating traditional varieties. Marwan Saif Rashid Al Mazrouei, from Asimah, a scenic mountainous and agricultural area in the southern part of Ras Al Khaimah located about 90 kilometers from Ras Al Khaimah city, said this year’s grape harvest began in May and continued through June, with the season largely determined by temperatures. “The…
HONG KONG — Saudi fencer Khalifah Alomairi won the bronze medal in the Senior Men’s Individual Epee category at the Fencing World Championships in Hong Kong, marking the Kingdom’s first-ever medal at the Fencing World Championships. As a member of the Saudi national fencing team, Alomairi’s win also makes Saudi Arabia the second Arab nation to secure a men’s world fencing medal after Egypt. Before claiming a landmark victory over Japan’s Koki Kano in the quarterfinals to secure the bronze medal, Alomairi defeated Luxembourg’s Flavio Giannotte, Korea’s Hyomin Jang, and Italy’s Simone Mencarelli. Saudi Fencing Federation President Dr. Wasem Alhassan…
ABU DHABI, 27th July, 2026 (WAM) — Khalifa Fund for Enterprise Development (KFED) and Hub71, Abu Dhabi’s global tech ecosystem, hosted the first MZN Hub71 Demo Day, bringing together the inaugural cohort of 17 Emirati founders, who presented startups developed through the three-month programme. The MZN Hub71 programme Demo Day took place at MZN Hub Al Ain, bringing together investors, ecosystem partners and government stakeholders as founders presented ventures across AI, HealthTech, ClimateTech, FinTech and AgriTech before a judging panel comprising representatives from Khalifa Fund and Hub71. Following the competition, the top three startups were awarded in-kind support packages valued…
RIYADH — The Ministry of Municipalities and Housing issued more than 34,000 building permits across the Kingdom during the first half of 2026. The ministry said residential permits accounted for the largest share of the total, with more than 28,000 licenses issued between January and the end of June. More than 5,000 commercial permits and over 1,000 permits for government buildings were also issued during the period. The ministry attributed the growth to ongoing improvements in the municipal licensing system and the expansion of digital services through the Balady platform, which have simplified permit procedures, accelerated application processing, enhanced customer…
Authorities in the UAE have issued alerts for hail and rain as parts of UAE experienced rainfall on Monday. The National Centre of Meteorology (NCM) earlier predicted convective clouds — which bring the possibility of rain — forming over the eastern parts of the country. On Monday afternoon, the met department issued yellow and orange alerts for parts of Fujairah, Khor Fakkan and Ras Al Khaimah, warning the public to be prepared when heading out of doors as some hazardous weather events may be expected. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The map…