Author: Editorial team

UAE

Registration opens for the Forum to be held on 27 August under the patronage of Manal bint Mohammed Dubai: The Dubai Women Establishment (DWE) has announced the partners of the second edition of the Emirati Women’s Forum 2026, which will take place on 27 August at Madinat Jumeirah under the patronage of Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council (UAE GBC), President of the Dubai Women Establishment (DWE), and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court.…

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China sentenced the founder of embattled property giant Evergrande to life in prison and fined the group more than $2 billion on Thursday for offences including fraud, five years after a high-profile default.Evergrande Group was once the face of Chinese real estate, surfing a decades-long property boom as it peddled home-ownership dreams.But its access to credit dramatically narrowed when the government introduced curbs on excessive borrowing and speculation.The company defaulted in 2021 after struggling to repay creditors.Stay up to date with the latest news. Follow KT on WhatsApp Channels.On Thursday, August 20, a court in southern China fined the firm…

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The race for the Abu Dhabi Masters title has tightened, with four players sharing the lead after four rounds and top seed Daniil Dubov sitting just half a point behind.India’s Grandmaster Pa Iniyan, Azerbaijan’s Grandmaster Ahmad Ahmadzada, International Master Aleksandr Usov and Grandmaster Edgar Mamedov all entered the fifth round on 3.5 points from four games. Dubov, the tournament’s highest-rated player at 2652, is among a large chasing group on three points.Iniyan, Ahmadzada and Usov had entered Round 4 as the tournament’s three perfect scorers, each having won their opening three games.That changed when Iniyan and Ahmadzada met on the…

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China Evergrande founder Hui Ka Yan sentenced to life in prison as Chinese court orders property confiscation and fines Evergrande and Hengda amid $300B debt crisisHONG KONG: The ‌billionaire founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison on Thursday by a Chinese court, which ordered all ⁠his personal property confiscated.Hui Ka Yan pleaded guilty in April to eight charges, including misuse of funds, fundraising ‌fraud and illegally taking public deposits.Evergrande, once China’s premier developer, has defaulted since ‌2021 on most of its $300 billion ‌in liabilities, its troubles emblematic of ‌a crisis…

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UAE

AACHEN, Germany, 22nd August, 2026 (WAM) — Paris 2024 Olympian Omar Abdul Aziz Al Marzooqi and Enjoy de la Mure delivered an exceptional clear round under the lights in Aachen on Friday evening to secure their place in Sunday’s FEI Jumping World Championship Individual Final, the youngest rider to make the cut. Returning to Aachen’s famous Main Stadium following a clear in Wednesday’s opening Speed Competition and a four-fault performance over Thursday’s demanding 1.65m course, Omar and Enjoy produced another faultless performance in the Second Individual Qualifier when it mattered. The result leaves the pair on a championship score of…

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One of the most interesting conversations I have with founders is not about whether they want to enter the Middle East. Increasingly, that decision has already been made. The more difficult question is how they should build a presence that allows them to compete across the region without losing the speed and focus that made them successful in the first place. For decades, international expansion followed a familiar playbook. A company would establish itself in one market, build local relationships, understand the regulatory environment and then repeat the process in the next country. That model made sense when markets were more…

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Eight-year-old Liverpool fan Isaac Kearney got the surprise of a lifetime after travelling to Turkey to meet his football idol, Mohamed Salah.Isaac, who lives with the rare genetic condition Wolf-Hirschhorn syndrome, was flown to Trabzon with his family for the special meeting, thanks to Salah’s new club, Trabzonspor, and Turkish Airlines, according to a post shared on Isaac’s Instagram account.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The trip was documented by Isaac’s mother, who shared a vlog showing the family’s journey with Turkish Airlines. The footage captured the excitement of the trip, from their travel…

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ROME, 22nd August, 2026 (WAM) — Italy’s natural gas reserves have approached 80 %, more than two months ahead of the October 31 storage deadline, though levels remain lower than those recorded at the same point last year. According to data released by Gas Infrastructure Europe (GIE), Italian gas storage reached 79.78 percent, equivalent to approximately 162.3 TWh, compared to 85.56 percent (173.7 TWh) during the corresponding period last year. Across Europe, overall gas storage exceeded 61 percent, standing at 61.37 percent (around 693.6 TWh). This marks the lowest level recorded for this time of year since 2009, down from…

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UAE

Launched by Hamdan bin Mohammed, community initiative features weekly sports events and valuable prizes that encourage positive competition and sustained participation More than 100,000 people have so far taken part in the second edition of Dubai Mallathon, collectively logging over 220 million steps in the first two months since the community sports initiative was launched by 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. Dubai Mallathon is continuing to draw strong participation from across the community…

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Parkin Company, Dubai’s largest parking operator, will add 5,000 smart cameras for on-street parking, a top executive said. The cameras will be smart and powered by solar panels, and will seamlessly integrate within key parking areas, the official added.In phase one of the project, announced earlier this year, 1,000 cameras were deployed across key on-site parking areas, also with smart, solar-powered cameras.“There is now auto deduction of auto payments, especially in the malls, multi-storey car park, on- street, which we’re continuing to have a first time for on-street parking and will enhance the customer experience,” Parkin’s CEO Mohamed Al Ali told Khaleej…

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