Author: Editorial team
DUBAI, 18th March, 2026 (WAM) — Most rated insurers in the Gulf Cooperation Council (GCC) are expected to remain broadly stable in the short-to-medium term, S&P Global Ratings said on Wednesday. “This is thanks to robust earnings generation in recent years, which has contributed to a significant buildup of capital buffers,” the S&P said in a report. The report highlighted that GCC insurers have sufficiently robust capital buffers to absorb a potential increase in capital market volatility and any claims related to the war in the Middle East, as these are either heavily reinsured or subject to exclusion clauses. “Regional…
FUJAIRAH, 21st March, 2026 (WAM) — H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, Friday received well-wishers on the occasion of Eid Al-Fitr at his palace in Al Rumailah, in the presence of H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah. The Ruler of Fujairah accepted greetings from sheikhs, senior officials, heads of local and federal departments, dignitaries, citizens, and members of Arab, Islamic, and foreign communities. Source: Emirates News Agency
Meta Platforms recently agreed to spend $27 billion with the cloud company Nebius over the next five years. This AI infrastructure spend marks the biggest contracts signed by the Facebook owner to date. Netherlands-based Nebius, which has deals in place to deploy Nvidia’s infrastructure across its global platform, stated Meta Platforms would pay $12 billion for dedicated capacity across multiple locations. This part of the deal represents one of the first large-scale deployments of the Nvidia Vera Rubin platform, starting from early 2027. Also in connection with Nebius’ partnership with Nvidia, Meta Platforms committed to purchase additional available computer capacity…
[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] Even on the first day of Eid Al Fitr, the UAE’s cybersecurity teams were on high alert. Dr Mohamed Al Kuwaiti, head of Cyber Security for the UAE Government, accompanied by a delegation from the UAE Cyber Security Council, carried out visits to key cyber operations centres, including at e& UAE and Abu Dhabi Police, as well as across government entities, critical sectors, and private partners. Check out the photos below, as shared by Cyber Security Council: Stay up to date with the latest news. Follow KT…
Eid is not just about celebration; it’s also about grace, elegance and sophistication. Think fluid drapes, intricate handwork, and a touch of glamour. We spoke to Indian designer Manish Malhotra to understand his takes on fashion goals for the festive season. “This year, Eid fashion feels softer and more fluid. There is a strong shift towards lightness—garments that move beautifully and feel effortless,” he tells wknd. “Women want elegance, but they also want comfort. In my recent collections, I’ve focused on fluid drapes, romantic lace layering and refined embellishment through Indian handwork. The idea is to look festive without feeling weighed down.” Cleaner silhouettes While traditional elements like embroidery and handwork remain at…
ABU DHABI, 18th March, 2026 (WAM) — ADNEC Group, a Modon company, has signed a Memorandum of Understanding with Presight, a leading global AI and big data analytics company, to deploy advanced artificial intelligence solutions within its event venues. This initiative is part of the Group’s digital strategy that aims to enhance operational efficiency through AI and technology solutions. The agreement covers ADNEC Group’s operations at ADNEC Centre Abu Dhabi and ADNEC Centre Al Ain. By integrating Presight solutions into the ADNEC Centre Abu Dhabi, the partnership brings data-driven capabilities into the region’s largest event venue, setting a new benchmark…
According to a recent BBC report, whistleblowers have levied allegations against prominent social media giants including TikTok and Meta Platforms. These insiders have stated that the companies allowed harmful content to circulate on their platforms after internal research proved outrage-driven posts generated higher user engagement. More than a dozen insiders told the publication the companies made trade-offs between user safety and content engagement as short-form videos reshaped the social media landscape. A former Meta engineer claimed management instructed teams to allow more “borderline” harmful material, including misogyny and conspiracy theories, on Instagram and Facebook users’ feeds as the company attempted…
Abu Dhabi’s DMT has opened two new marine bridges linking Al Reem Island directly to Sheikh Khalifa Bin Zayed Highway. The Department of Municipalities and Transport said that this route is designed to handle up to 7,200 vehicles per hour, and is expected to reduce travel times by 60 per cent, or 15 minutes, during peak hours. The Dh450 million project streamlines journeys between the islands of Al Reem and Saadiyat, as well as the Dubai-bound highway. By easing congestion on Hamdan Bin Mohammed Street and Mina Road, the development significantly improves local traffic flow. A dedicated freight U-turn bridge…
ABU DHABI, 20th March, 2026 (WAM) — UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today exchanged Eid Al-Fitr greetings during phone calls with Their Highnesses the Supreme Council Members and Rulers of the Emirates, conveying his best wishes for continued wellbeing, prosperity, and stability for the UAE and its people and for peace and prosperity across the Islamic world and beyond. His Highness exchanged greetings and best wishes with His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member…
As the crescent moon approaches and families prepare to welcome Eid, the mood across Dubai this year carries a more reflective tone. Even amid the uncertainty, many residents say the spirit of Eid, rooted in faith, family and gratitude, remains stronger than ever. ‘Eid is about togetherness’ For more than three decades, Eid in the UAE has meant one thing for educator Maryam Nizar and her family: a joyful gathering that brings together hundreds of members of the expatriate community in a celebration of faith, food and friendship. As principal of Habitat School and a UAE resident for 34 years,…