Author: Editorial team
Eastern Region: From someone lending money to a friend, to another paying for a car bought from an unrelated seller, some bank customers choose “family support” as the purpose of a transfer simply to save time.Problems can arise, however, if the beneficiary later becomes involved in a money laundering or drug trafficking case. The sender may then face questions about the nature of their relationship with the beneficiary and the real reason for the transfer, particularly when the recorded purpose, such as “family support”, does not reflect the reality of the transaction.Choosing the purpose of a bank transfer may seem…
SHARJAH, 26th October, 2026 (WAM) — United Arab Bank P.J.S.C. (UAB) has reported its financial results for the nine months ended 30 September 2026 (9M 2026). UAB has reported a net profit of AED333 million for 9M 2026, up 6% year-on-year, demonstrating the resilience of its business model and prudent risk management practices amidst ongoing regional geopolitical uncertainty and an overall challenging operating environment. This was driven by continued growth in operating income by 12% year-on-year, complemented by disciplined expense management and reversal in impairment charges as a result of successful resolutions of delinquent loans. Total assets grew by 16%…
Sennheiser’s audio equipment has been frequently used in productions and performances at the Dubai Opera. Across the GCC, they find place inside gaming hubs and broadcasting networks. It’s no surprise that the German company considers the UAE an attractive market and wants to expand here. “We are definitely here to invest,” Daniel Sennheiser, the company’s chairman who was in Dubai last week, told Khaleej Times in an interview. Daniel, who represents the third generation of leadership at the 80-year-old company, spoke about their plans for the UAE, trends in the region and why they want to be reliable to every…
Dubai: Proceeds from the 121st public auction of distinctive vehicle number plates, held by Dubai’s Roads and Transport Authority (RTA) on Saturday, reached AED65.721 million. The number CC44 fetched the highest price at AED6.72 million, followed by BB18 at AED6.62 million and BB80 at AED5.9 million. BB117 was sold for AED1.016 million. The auction results highlight the success of the RTA’s approach to public and electronic auctions, which is based on neutrality, transparency and equal opportunities for those seeking distinctive numbers with symbolic value. At its 121st public auction, held at the Hilton Dubai Al Habtoor City Hotel, the RTA…
The Motors Division of Galadari Brothers has once again emerged as the winner in the Automotive Sector category at the Arabia CSR & Sustainability Awards 2026, marking its second consecutive victory at the prestigious regional awards.The 19th edition attracted 109 applications, representing 38 sectors across six Arab countries. The awards recognise organisations demonstrating excellence in environmental, social and governance (ESG) practices. Winning for two consecutive years reflects Galadari’s sustained commitment to integrating sustainability into its operations and creating long-term value for stakeholders.With a legacy dating back to 1965, the Motors Division of Galadari Brothers represents several leading international automotive brands…
Veteran actress Holland Taylor has opened up about her departure from a full-time contract on the hit CBS sitcom Two and a Half Men, revealing that she chose to let her agreement lapse after Season 6 because she no longer wanted to be tied down by a long-term deal and faced a stalemate over compensation.Best known for playing Evelyn Harper, the overbearing mother to characters played by Charlie Sheen and Jon Cryer, Taylor recently discussed her exit on the Alchemy with Anthony Mason podcast.Reflecting on the conclusion of her initial six-year contract, Taylor explained, “When the six years were up,…
Mexican boxer Saul Canelo Alvarez arrived in Riyadh early on Monday and said he is rested and ready for his upcoming fight against WBC super middleweight champion Christian M’billi.The bout is going ahead on Saturday even as other sporting events in Saudi Arabia have been cancelled or postponed over security concerns.Fighting between a Saudi-led coalition and Iran-aligned Houthi forces in Yemen has intensified in recent weeks. The Houthis have repeatedly attacked Saudi airports, including Riyadh’s main airport.Alvarez, a former two-time undisputed super middleweight champion, has not fought since losing to Terence Crawford in September 2025.”I feel great. I can’t wait…
The redesigned tablet introduces water and dust resistance, stronger on-device AI performance, and a landscape front camera, with UAE prices starting at Dh2,849. Apple has unveiled a redesigned iPad mini featuring an 8.5-inch OLED display, its A20 Pro processor and IP67-rated water and dust resistance, expanding the compact tablet’s capabilities for mobile work, content creation and entertainment. UAE pre-orders open on 28 October, with availability beginning on 6 November. Prices start at Dh2,849 for the Wi-Fi model and Dh3,449 for the Wi-Fi + Cellular version. The new model measures 5.4mm thick and comes in midnight and starlight finishes, with storage…
Meeting explores closer cooperation and opportunities for Marriott International as Dubai continues to strengthen its tourism and hospitality sector His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, met today with Anthony Capuano, President and CEO of Marriott International, one of the world’s largest hospitality companies. Source: Emirates 24|7
Dubai: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of the Board of Trustees of the Dubai Future Foundation, and Chairman of the Higher Committee for Future Technology and Digital Economy, today attended the opening of the third edition of the Dubai AI Festival, which runs at the Dubai World Trade Centre until 27 October 2026. The festival has attracted more than 20,000 participants from over 100 countries, including policymakers, technology leaders and entrepreneurs. It also brings together more than 150 speakers, 500…