Author: Editorial team
SHARJAH, 21st August, 2026 (WAM) — More than 1,000 artificial intelligence (AI)-related companies have established operations at Sharjah Publishing City Free Zone (SPC Free Zone), highlighting the growing presence of technology and new economy businesses in the emirate. The AI companies operating from SPC Free Zone cover a range of activities. Some 691 specialise in AI research, innovation and consultancy, while 125 focus on AI model training. A further 110 companies develop AI-powered solutions, while 26 are engaged in intelligent systems and robotics. Other businesses operate in areas including advanced AI research and robotics trading, taking the total number of…
US to impose 50% tariffs on $20 billion in Canadian products after talks fail, as Canada vows dollar-for-dollar retaliation and tensions rise in the $880 billion trade relationshipWASHINGTON: The United States was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies.President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.But the political impact will likely be even bigger than the…
Dubai will reach 40°C today, while Abu Dhabi climbs to 46°C as the NCM forecasts high humidity, fog and mist overnight and in the early mornings Dubai: Temperatures are swinging back up into the mid-40s today, as humidity stays high, and fog and mist develop in the UAE, in the early morning hours. The National Centre of Meteorology (NCM) forecasts fair to partly cloudy weather today, with convective cloud formation in eastern and southern regions of the country by the afternoon. These clouds are associated with rainfall, in areas stretching from Fujairah to Al Ain, and further south. Higher temperatures…
The Federal Tax Authority (FTA) has issued new rules requiring businesses to verify their suppliers and the supplies they receive, or risk losing the right to recover input VAT on transactions connected to tax evasion.FTA Decision No. 13 of 2026 sets out the due diligence measures businesses must follow under Article 54 bis of the VAT Law, a provision inserted by Federal Decree-Law No. 16 of 2025. The decision will take effect on October 1, 2026, giving businesses a narrow window to prepare.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Thomas Vanhee, partner, Aurifer Middle East…
DUBAI, 21st August, 2026 (WAM) — Dubai Municipality has launched “Dubai Historic Doors” at Dubai International Airport in partnership with the General Directorate of Identity and Foreigners Affairs – Dubai and Dubai Airports. The initiative provides travellers with an immersive visual, historical and cultural experience inspired by the historic doors that form a distinctive part of Dubai’s architectural heritage. The experience brings together the richness of Dubai’s past and its future-facing identity, welcoming visitors through an interpretation of the traditional doors that characterised the emirate’s historic homes, markets and neighbourhoods and reflecting Dubai’s message of welcoming the world. Running from…
Arsenal and Manchester City find themselves in unusual positions heading into the Premier League season, but there is no question which of the title contenders feels more comfortable with their new status.For the first time since the 2004-05 season, Arsenal will start a campaign as English champions when they host promoted Coventry in the opening game of the season on Friday.In contrast to the buoyant mood at the Emirates Stadium, City have stepped anxiously into life without Pep Guardiola after the Spaniard ended his remarkable 10-year reign at the end of last season.After years spent in City’s shadow, Mikel Arteta’s…
DUBAI, 22nd August, 2026 (WAM) — Esha Oza will lead a 15-member UAE squad at the Women’s T20 Asia Cup 2026, starting August 28 at the Dubai International Stadium. The tournament, which will conclude on September 13, marks the first time UAE will host the continental event, with all matches played under lights. The hosts have been placed in Group B alongside previous winners Bangladesh, Indonesia, and defending champions Sri Lanka. UAE will open their campaign against Sri Lanka on August 29, followed by clashes against Indonesia on September 4 and Bangladesh on September 8. All matches in the tournament…
Vehere, a global AI cyber defence company specialising in AI-powered Network Detection and Response (NDR) and Full Packet Capture (PCAP), recently announced Avientek FZCO as its official distributor for the Middle East region. Through this partnership, Avientek will distribute Vehere’s NDR and PCAP solutions across its regional reseller ecosystem, helping enterprises, governments, and critical infrastructure organisations strengthen cyber resilience. Amid ongoing geopolitical tensions and the growing use of AI by bad actors, UAE authorities have reported a steep increase in cyber-attacks targeting organisations across the region. Around 70% of attacks targeting government platforms, critical infrastructure and enterprise networks are linked…
The precious metal recorded a 5% weekly gain, having reached its highest daily level since early February on Wednesday.Washington: Gold prices climbed on Friday to their highest level in over three months, heading for a third consecutive weekly gain.Spot gold rose to $4,617 per ounce until time of publishing, hitting its highest level since May 15. US gold futures gained 1.7% to settle at $4,647.The precious metal recorded a 5% weekly gain, having reached its highest daily level since early February on Wednesday.Among other precious metals, spot silver surged 2% to $69.43 per ounce, platinum gained 3.8% to $1,897.36, and…
The new statistics reinforce Dubai’s position as one of the most attractive destinations in the world to live, work and invest. Dubai: A recent report revealed that the majority of homes currently under construction in Dubai have been sold. Supported by strong demand, the sales of homes under construction in the emirate, which include apartments and villas to be completed this year, have reached 90%. According to market analysis by Fäm Properties, 564,072 residential properties are currently under construction across Dubai, with the majority scheduled for delivery by 2028. Of these properties, 425,863 (75.5%) have been sold to date. The…