ABU DHABI, 5th June, 2026 (WAM) — Total assets of the UAE banking sector, including bankers’ acceptances, increased by 0.2 percent to AED5.57 trillion at the end of April 2026, compared with AED5.556 trillion at the end of March, according to the Central Bank of the UAE’s Monetary and Banking Developments Report for April. The report showed that gross bank credit rose by AED25.2 billion, or 0.9 percent, to AED2.721 trillion at the end of April, compared with AED2.695 trillion at the end of March. All major sectors contributed positively to this growth, except other financial corporations, which recorded no…
Author: Editorial Team
Residents may have seen recent social media posts of the UAE community, with pictures of a pledge to UAE President Sheikh Mohamed bin Zayed Al Nahyan. This digital initiative allows citizens and residents alike to express their appreciation of the country and the role of the President in ensuring the safety and comfort of all those who reside in the country. Want to sign the pledge? Here are some key questions, answered. Stay up to date with the latest news. Follow KT on WhatsApp Channels. What is the UAE national pledge 2026? Sandooq Al Watan, a non-profit organisation under Erth…
TRIPOLI — Hundreds of Libyans gathered outside the UN refugee agency headquarters in Tripoli on Thursday demanding irregular migrants and refugees should leave Libya. Protesters on Thursday called for the closure of the UNHCR headquarters in the city. They were seen holding signs reading: “Our love for our country is not racism” and “Libya is not the world’s garbage bin.” Demonstrators chanted “Libya belongs to Libyans” among other chants. The protesters accused the UN agency of seeking to settle irregular migrants in the North African country. Libya is a key departure point for irregular migrants seeking to reach Europe by…
LOS ANGELES —Police have arrested the son of actor James Handy’s girlfriend over the actor’s death after he was found stabbed in the chest in Los Angeles, authorities said on Thursday. They found the 81-year-old who appeared in films like “Jumanji” and “Top Gun: Maverick” stabbed in the chest and unconscious in the front yard of the house in Tarzana, California, according to the Los Angeles Police Department. He was taken to the hospital and later pronounced dead. Officers responded to a home Wednesday morning after a 911 caller said, “I am the son of man, I just killed the…
UAE authorities have announced new precautionary measures to prevent the spread of Ebola virus. New visa issuances to nationals from three Ebola-hit countries — Democratic Republic of the Congo, Uganda and South Sudan — have been suspended. The National Emergency Crisis and Disasters Management Authority (NCEMA) and the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) announced the additional precautionary measures on Friday to strengthen national preparedness and respond to developments related to the Ebola virus. Stay up to date with the latest news. Follow KT on WhatsApp Channels. When does the decision come into effect? The UAE…
RAMALLAH — Israeli troopsshot dead an 18-year-old Palestinian in the occupied West Bank on Fiday, the Palestinian health ministry said Friday. In the early hours of Friday, the health ministry said it had been informed of “the martyrdom of the young man Haitham Ezzedine Omar Hmeida, 18, by occupation gunfire in the village of Beitin,” north east of Ramallah. It added that the man’s body was being withheld. The report comes a day after Israeli strikes killed at least nine Palestinians in Gaza, a hospital said on Thursday, even as much of the world’s attention was focused on the fighting…
Did you miss our latest TahawulTech Friday Brief? Watch the full session and explore the key insights shared during the live discussion. In this edition, Bharat Raigangar, Global Head – AI & Cyber Security, PhoxHealth, joined Sandhya D’Mello, Technology Editor, CPI Media Group, and Daniel Shepherd, Deputy Editor, Technology Division, for an insightful discussion on the evolving cybersecurity landscape. Key topics included:• AI governance and risk management• Building cyber resilience in a rapidly changing threat environment• The role of threat intelligence and digital trust• Balancing compliance requirements with business realities Watch the LinkedIn Live recording now Stay informed with expert perspectives from the…
ABU DHABI, 5th June May, 2026 (WAM) — Ali Mohamed Al Marzooqi, Director-General of the Abu Dhabi Chamber of Commerce and Industry and Chairman of the Emirates Franchise Association, affirmed that the franchising sector is one of the most vital contributors to the global economy, comprising more than two million businesses worldwide and supporting over 19 million jobs, reflecting its significant role in driving economic growth and enabling entrepreneurs to expand locally and internationally. He highlighted the sector’s strong momentum in the UAE, with a growing number of international brands choosing the country as a strategic hub for regional and…
Georgia Levenson Keohane, CEO, SEDF. NEW YORK — The Soros Economic Development Fund (SEDF), the impact investing arm of Open Society Foundations, announced a $5 million commitment to the Working Capital Fund III(WCF III), an early-stage venture fund backing technologies that advance transparency, accountability, and equity across global supply chains. The commitment marks a reinvestment by SEDF, which backed WCF in a prior fund, and forms part of WCF III’s initial $31 million close, with a final target of $100 million. The investment also expands SEDF’s human rights and justice portfolio, a thematic area in which catalytic capital can play an…
IB Results Day 2026 marks an important moment for students worldwide, including many in the UAE, as they receive their outcomes from the International Baccalaureate Diploma Programme and Career-related Programme issued by the International Baccalaureate Organisation. The results will play a key role in shaping university admissions and next steps. For those applying to the UK, coordination with UCAS is especially important as universities begin confirming offers. Here’s what students must know from how results are released and interpreted to what happens next, including retakes, clearing and university decisions. Stay up to date with the latest news. Follow KT on…