Among millions of people passing by a dirty signboard on one of Dubai’s busiest roads, it took just one resident to make a change. It was on June 2 that Tanweer Ahmed — an Indian expat — spotted the Metro station signage, and decided to not look away. During his daily commute from his home in Abu Hail to his office in Al Quoz, the multimedia designer who uses a company bus, saw the World Trade Centre board beaten up by the harsh summer weather and dust. In a concern for the city’s residents who pass through the crucial station…
Author: Editorial Team
DUBAI — The United States and Iran launched attacks on each other’s interests in the Arabian Gulf on the fourth consecutive night as Washington reimposed its naval blockade of Iranian ports. Attacks have also been reported in Kuwait, Bahrain and Jordan as Tehran said it was targeting US assets in the region. The US military early Wednesday resumed a blockade on Iranian ports over Tehran’s attacks on ships trying to pass through the Strait of Hormuz, the US military’s Central Command said on Wednesday. The US first imposed the blockade in mid-April and then lifted it in mid-June, a day…
MADRID — Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif and Spanish Interior Minister Fernando Grande-Marlaska signed a comprehensive training agreement on Tuesday aimed at strengthening security cooperation, capacity building, and the exchange of expertise between the two countries. The agreement was signed following official talks in Madrid, where the two ministers reviewed Saudi-Spanish relations and discussed ways to enhance coordination between their interior ministries. At the start of the meeting, Prince Abdulaziz said the directives of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman emphasize strengthening security cooperation with…
Abu Dhabi tenants could soon have the option of paying their annual rent in monthly instalments instead of writing one or more post-dated cheques, as a new digital payment platform backed by the emirate’s real estate authorities moves closer to launch. Advanced Real Estate Services (ADRES), which is partnering with UAE PropTech company Keyper, said pilot deployments have already begun with three of Abu Dhabi’s largest landlords and property managers, with the first tenants and landlords expected to be onboarded in the fourth quarter of 2026. The company said the Rent Now, Pay Monthly (RNPM) service has the support of Abu…
DUBAI, 14th July, 2026 (WAM) — Nasdaq Dubai today welcomed the listing of a US$300 million Additional Tier 1 (AT1) Perpetual Sukuk issued by Ajman Bank marking the Bank’s first capital securities transaction. The US$300 Million Additional Tier 1 Perpetual Non-Call 5.5-year Sukuk was structured under a Mudaraba arrangement and carried a profit rate of 6.50 percent. The Additional Tier 1 Perpetual Sukuk supports Ajman Bank’s strategy by strengthening its regulatory capital base and diversifying its funding sources. It builds on the Bank’s inaugural senior Sukuk issuance last year, reflecting its continued engagement with the capital markets. The transaction attracted…
BRUSSELS — Saudi Arabia reaffirmed its unwavering political, economic and diplomatic support for the Palestinian government. The Kingdom stressed its commitment to working with regional and international partners to achieve a just, comprehensive and lasting peace based on the establishment of an independent Palestinian state along the 1967 borders with East Jerusalem as its capital. Representing the Kingdom at the second meeting of the Palestine Donors Group in Brussels, Dr. Manal Radwan, Minister Plenipotentiary at the Ministry of Foreign Affairs, said the humanitarian situation in Gaza remains critical nine months after the ceasefire, citing continued Israeli military control over nearly…
ARLINGTON — Spain booked its place in the World Cup final for the first time since lifting the trophy in 2010 after defeating France 2-0 in Tuesday’s semifinal. Mikel Oyarzabal converted a first-half penalty before Pedro Porro sealed victory as Spain extended its dominance over France in major tournaments and secured a place in Sunday’s final at MetLife Stadium. La Roja will face either defending champion Argentina or England, who meet in Wednesday’s second semifinal in Atlanta. “We gave it our all just to reach the final,” Porro said. “We knew we’re a very tough team and we’re doing things…
The weather in the UAE on Tuesday, July 14, will be fair to partly cloudy in general, according to the National Centre of Meteorology (NCM). Light to moderate winds are set to blow throughout the day, with humidity peaking at night and Wednesday morning over some western coastal areas. The sea will be slight in the Arabian Gulf and slight to moderate, becoming rough at times, in the Oman Sea. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Temperatures are set to reach 45°C in Abu Dhabi, Dubai and Sharjah. On the lower side, the…
ABU DHABI, 14th July, 2026 (WAM) — Abu Dhabi Securities Exchange (ADX) Group honoured brokerage firms, listed companies and post-trade service members at its Annual Members Recognition Awards, recognising their contributions to the development of Abu Dhabi’s capital markets during 2025. A total of 29 awards were presented during the ceremony, held on 13th July alongside the launch of six new single-stock futures on ADX’s derivatives market. In 2025, ADX recorded a 12.6 percent increase in trading value to AED342 billion, while trading by foreign investors rose 13.8 percent. Institutional investors generated AED600 billion in buy and sell activity, up…
ARLINGTON — Kylian Mbappé’s hopes of reaching a third consecutive World Cup final ended Tuesday after France suffered a 2-0 semifinal defeat to Spain, leaving the striker tied with Lionel Messi in the race for the Golden Boot. Mbappé remains level with Argentina captain Messi on eight goals after failing to find the net against Spain. Messi will have the chance to move ahead when defending champion Argentina faces England in Wednesday’s semifinal. France will now play in Saturday’s third-place playoff against the loser of the Argentina-England match, while Spain awaits the winner in Sunday’s final at MetLife Stadium. The…