The UAE has condemned in the strongest terms the attacks launched by the Houthi terrorist militia targeting the southern region of the Kingdom of Saudi Arabia with ballistic missiles. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these attacks constitute a flagrant violation of the sovereignty of Saudi Arabia and a threat to its security and stability. The Ministry reaffirmed the UAE’s full solidarity with Saudi Arabia and its support for all measures aimed at safeguarding its security and stability. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Yemen’s Iran-backed Houthis targeted…
Author: Editorial Team
The Saudi Society of Dermatology and Dermatologic Surgery (SSDDS) and Genpharm have signed a Memorandum of Understanding (MoU) to strengthen scientific collaboration, advance medical education, and raise awareness of chronic skin diseases, with a particular focus on Chronic Hand Eczema (CHE). The signing ceremony was attended by Flemming Gredsted, Chargé d’Affaires of the Royal Danish Embassy in the Kingdom of Saudi Arabia; Frederik Kier, Executive Vice President, International Operations at LEO Pharma; Khalid Aouidat, Vice President Emerging Markets; Professor Abdullah Al Akeel, President of the Saudi Society of Dermatology and Dermatologic Surgery (SSDDS); Dr. Ruaa Al Harithy, Vice President of…
Dubai — Commercial Bank of Dubai (CBD) has priced a $550 million Additional Tier 1 (AT1) perpetual non-call 6-year capital securities issuance at a fixed rate of 6.625%. The transaction forms part of CBD’s capital management framework, consistent with Basel III regulatory capital requirements, and is intended to support the Bank’s growth while maintaining capital ratios in excess of UAE Central Bank regulatory minimums. Citigroup and Standard Chartered Bank acted as Joint Structuring Agents and Joint Global Coordinators, while CBD, Abu Dhabi Commercial Bank PJSC, Barclays, Citigroup, Emirates NBD Capital, First Abu Dhabi Bank, and Standard Chartered Bank acted as…
Big Ticket has revealed that four expats from Bangladesh and Armenia have bagged Dh100,000, in the first weekly e-draw of this month. These expats have shared their aspirations and plans for how they intend to use their winning amount of Dh25,000. One intends to save up for his daughter’s life and education, while another plans to open a new business. The first winner, Md Shafikul Islam, works in a car garage and has been living in the UAE for the past 16 years. Stay up to date with the latest news. Follow KT on WhatsApp Channels. After purchasing his first…
JEDDAH — The Saudi Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the State Revenues Law and endorsed the introduction of a new training visa for international trainees during its session held in Jeddah on Tuesday. The new visa will be granted to international trainees in accordance with a set of approved regulatory arrangements. The Crown Prince briefed the Cabinet on his recent phone call with U.S. President Donald Trump, during which they reviewed bilateral cooperation and discussed regional and international developments, reaffirming support for efforts aimed at strengthening security and stability in the region. The…
DUBAI, 14th July, 2026 (WAM) — Dealing.com, a global investing platform, has been awarded a Guinness World Records title for the Most Tokenised Stocks Available for Trading on a Single Platform, offering more than 24,000 tokenised stocks to investors. The title was presented to Tajinder Virk, Co-Founder and Chief Executive Officer of Finvasia Group and Dealing, by Mbali Nkosi, Official Adjudicator at Guinness World Records, during a ceremony attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, alongside government officials, investors, industry leaders and media representatives. The record followed an independent verification process that assessed platform data,…
NEW YORK — Saudi Arabia presented its third Voluntary National Review (VNR) at the 2026 United Nations High-level Political Forum on Sustainable Development in New York. Minister of Economy and Planning Faisal Alibrahim highlighted the report’s key findings, outlining Saudi Arabia’s progress in implementing the UN’s 2030 Agenda, as well as the lessons learned and priorities for the next phase. The report builds on the Kingdom’s previous voluntary reviews submitted in 2018 and 2023 and reflects contributions from more than 140 government entities, private-sector organizations, academic institutions, non-profit organizations, and the United Nations system. Alibrahim said the third review demonstrates…
PARIS/VIENNA, 10th July, 2026 (WAM) — Tadej Pogačar won stage 6 of the Tour de France and retook the Yellow Jersey as the leader of the general classification. The UAE Team Emirates-XRG went on a solo conquest on the Col du Tourmalet before riding to the day’s honours at Gavarnie-Gèdre. The victory marked Pogačar’s 23rd stage success at the Tour de France in seven editions, coming just three days after he won the stage to Les Angles. On the first day in the mountains of this year’s Tour, it was the Slovenian’s opportunity to impose his superiority over his rivals…
Shukri Eid, General Manager, IBM Gulf, Levant and Pakistan. Enterprises embed AI deeper into core business operations, but most surveyed organisations remain locked into AI systems they cannot easily change, reinforcing the growing importance of AI sovereignty to maintain business continuity and performance, says a new global study by the IBM Institute for Business Value. Based on insights from 1,000 senior executives, The Calculus of AI Sovereignty study* reveals that 88% of surveyed executives in the UAE say switching their primary AI vendor or model would be difficult if they had to do it today, highlighting the extent of AI…
BEIJING — The Minister of Communications and Information Technology met with government leaders and major technology companies in China to strengthen partnerships in artificial intelligence and the space sector. Minister Abdullah Alswaha was accompanied by Communications, Space and Technology Commission (CST) Governor Haytham AlOhali and Saudi Ambassador to China Abdulrahman Alharbi during a series of meetings with senior government officials and business leaders. Among the meetings, Alswaha met with China’s Minister of Science and Technology, Yin Hejun, where the two sides discussed expanding cooperation in artificial intelligence, the digital economy, technology transfer, and talent exchange programs. They also explored opportunities…