Author: Editorial team

Dubai: In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to develop advanced, resilient and world-leading infrastructure and enhance the efficiency of the stormwater drainage system to meet the emirate’s future growth requirements, Dubai Municipality has awarded contracts for four new projects under Phase 3 of the Tasreef Programme. With a total value of AED3 billion, the projects will involve the construction and extension of approximately 100 kilometres of main stormwater drainage lines, with diameters of up to 3 metres, further enhancing the…

DUBAI, 25th October, 2026 (WAM) — H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), has approved a strategy to establish the Global Centre for Research and Technology for Economic Zones. Operating under DIEZ, the initiative aims to strengthen Dubai’s global leadership and contribution to the development of economic zones. Through the development of knowledge, policies and standards, the Centre aims to strengthen the ability of economic zones to attract high-value foreign investment, increase the value added by economic activities, and expand opportunities for trade and the transfer of knowledge and technology. These…

Abu Dhabi: The official website for booking passenger train tickets on the Etihad Rail network has confirmed discounted fares for children and senior citizens, including both citizens and residents. The special fares offer direct discounts when booking through the website, making travel between the emirates more affordable. Ticket prices for children aged 2 to 17 start from AED 10, while fares for senior citizens aged over 60 start from AED 16. Prices vary according to the destination and chosen travel class, either Comfort or Premium. For children, the Al Dhaid–Fujairah route offers the lowest fares, starting at AED 10 in…

Businesses in the UAE with annual revenues of Dh50 million or more must appoint an Accredited Service Provider by October 30, 2026, and implement the e-Invoicing System by January 1, 2027, the Federal Tax Authority (FTA) has announced.The authority called on all persons subject to the system to meet the prescribed deadlines or risk administrative penalties.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Under the legislation, a penalty of Dh5,000 is imposed for each month, or part of a month, of delay in implementing the system. This includes failure to appoint an Accredited Service Provider on…

Dubai: In Dubai, a city whose urban landscape is constantly evolving and whose markets expand with each generation, some traditional restaurants occupy a place that goes beyond taste, becoming part of the city’s collective memory and the stories of its people. Among them is Bin Eid Al Shaabi Restaurant, considered one of Dubai’s oldest traditional restaurants. Its story has been closely associated with Hamad Bin Eid Al Marri, known as Abu Saif, since 1978, when he entered the food business with modest resources and no previous experience. What began as a small venture would eventually become a familiar landmark for…

Celebrity chef K Damodaran, popularly known as Chef Damu, passed away at the age of 72, leaving behind a legacy of contributions to the culinary arts and television. Widely recognised for bringing cooking to television audiences through popular shows such as Cooku with Comali, he became one of the most familiar faces of Tamil television.Tamil Nadu Chief Minister C Joseph Vijay condoled his demise in a post on X, remembering the chef for his contribution to the culinary arts and his efforts to make cooking accessible to a wider audience through television programmes.“Through his culinary expertise and unique approach, he…

Julian Alvarez gave Atletico Madrid supporters a winning goal and an apology on Saturday, sealing a 1-0 victory over Deportivo La Coruna before seeking forgiveness for declaring his desire to play for Barcelona.The Argentine striker scored for the second successive match as Atletico moved within two points of LaLiga leaders Barca, then addressed the comments that had soured his relationship with fans at the Metropolitano.”I’d like to apologise to our fans for what I said at the World Cup; it was a mistake in terms of how I said it and the timing,” Alvarez told Spanish broadcaster Movistar Plus.”I understand…

SEOUL, 25th October, 2026 (WAM) — The Republic of Korea posted the second-largest current account surplus among major economies in the second quarter, surpassing the combined surpluses of Germany and Japan, Yonhap News Agency reported, citing data from the central bank. The country’s current account surplus reached US$116.63 billion in the April-June period, trailing only China’s $193.72 billion, according to International Monetary Fund (IMF) data available on the Bank of Korea’s Economic Statistics System. Korea’s surplus more than quadrupled from $28.39 billion a year earlier, far outpacing increases of 11.9 percent in Germany and 5 percent in Japan. The sharp…

HomeBusinessAhmed bin Saeed approves strategy to establish global centre for economic zones research and technologyDIEZ initiative will advance research, data, standards and partnerships to strengthen the competitiveness and economic impact of economic zones worldwideEmirates247Published: 25 October 2026, 12:41 (UAE)7 min readThrough the Centre, DIEZ aims to establish a leading global knowledge and institutional reference point that strengthens the capacity of economic zones to drive sustainable growth and deliver tangible, measurable economic impact. Its work will be guided by six core values: independence, credibility, integrity, excellence, innovation and collaborative leadership. Source: Emirates 24|7

Abu Dhabi: The Abu Dhabi Family, Civil and Administrative Court has ordered an amusement park company to pay Dh25,000 in compensation to a father and his daughter after the six-year-old suffered multiple fractures and injuries to her leg while on an amusement park ride. The company had previously been criminally convicted and fined Dh30,000 over the incident, bringing the total financial penalties to Dh55,000. The father filed a lawsuit against the company seeking Dh100,000 in compensation for the material, moral, psychological and emotional harm suffered by him and his daughter. He also sought legal interest of 9% from the date…