Author: Editorial team
Artificial intelligence is rapidly moving from a specialist technology to a core workplace skill, prompting companies across the UAE to rethink how employees work, learn and adapt in an increasingly AI-driven economy.As the UAE accelerates its ambitions to become a global AI hub through major investments, national strategies and widespread digital transformation programmes, business leaders say AI fluency is becoming as fundamental as digital literacy once was.According to Ergul Hemmingsen, Chief Human Capital Officer at Core42, organisations can no longer limit AI expertise to technical teams. “AI fluency is no longer a nice-to-have or a capability reserved for technical teams.…
Susan Egan has her picks for who should play Hercules and Megara in a live-action adaptation of Disney’s Hercules: Tom Holland and Zendaya.Egan, who voiced Meg in the 1997 animated film, suggested the couple for the roles while speaking to Deadline at D23.Asked who she would like to see take on Hercules and Meg, Egan named Holland and Zendaya. “Tom Holland and Zendaya, the world needs it.”Egan also pointed to Zendaya’s confidence, voice and presence as qualities that would make her suited to Meg. She said her choice was not simply because Holland and Zendaya are the “it” couple, adding that…
Martin Odegaard warned Arsenal’s rivals that the Premier League champions want to “win everything” after starting their season by sweeping aside Manchester City in the Community Shield.Arsenal captain Odegaard delivered a man of the match performance capped by the final goal in his team’s dominant 3-0 victory in Cardiff on Sunday.Riccardo Calafiori netted Arsenal’s opener after just 24 seconds and Kai Havertz was also on the scoresheet before half-time in the annual curtain raiser to the English top-flight season.Just three months ago, Odegaard lifted Arsenal’s first Premier League crown since 2004 after they finished seven points ahead of second-placed City.The…
Apple develops Chinese AI model with Alibaba. Source: Tahawul Tech
Online fast-fashion retailer Shein is eyeing a company valuation in its planned Hong Kong IPO of just a quarter of the nearly $100 billion number seen in a share sale four years ago, sources said, as its growth prospects weaken.Two people familiar with the situation said Shein’s value was likely to be around $25 billion in the IPO, while a third source said the company was looking at a valuation of between $25 billion and $28 billion, based on the marketing price band for the offering.The decline comes after Singapore-headquartered Shein’s biggest markets crack down on e-commerce platforms selling cheap…
Spider-Man: Brand New Day has crossed $2 billion at the worldwide box office just three weeks after its release, adding another major record to Tom Holland’s return as the Marvel superhero.According to studio estimates, the film has earned $785.8 million in North America and around $1.24 billion internationally, taking its global total past $2.02 billion after three weekends in cinemas.The milestone makes Brand New Day only the eighth film in history to cross $2 billion worldwide and the second fastest to get there.Avengers: Endgame remains the fastest film to reach both $1 billion and $2 billion worldwide, hitting the milestones in five and 11…
We can only speculate on when Vogue, the monthly lifestyle magazine, sat down with Cristiano Ronaldo for the special interview published last Sunday.Unlike the stepovers he famously unleashed in the early stages of his career against helpless defenders, Ronaldo, 41, decided to take a clear and direct shot on target when asked by Vogue how long he would continue to play football.“This is probably my last year of football, and I want to leave a spectacular legacy,” the Al Nassr striker responded.Ronaldo’s candid take on his football future now feels eerie, given its close proximity to his great rival Lionel…
Open House will address community concerns on labour, consular, and welfare issues, offering both in-person and virtual participation Dubai: The Indian Embassy in Abu Dhabi has announced that it will hold an Open House on Friday, August 21, giving Indian expats in the UAE a chance to meet embassy officials and raise any concerns they may have or seek guidance on labour, consular, education and welfare issues. In an announcement on its website as well as its social media channels, the embassy said that the Open House will take place from 2 to 4pm, allowing members of the Indian community…
UAE has become the first country in the world to approve an oral treatment for non-segmental vitiligo, giving eligible patients aged 12 and above a new treatment option. The Emirates Drug Establishment (EDE) has approved a new therapeutic indication for RINVOQ (upadacitinib) to treat adults and adolescents aged 12 years and older with non-segmental vitiligo whose condition requires systemic therapy medicines that circulate throughout the body. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Vitiligo is a skin condition in which areas of the skin lose their pigment, causing white patches to appear. It occurs…
UAE banking sector assets top AED5.3 trillion as CBUAE report highlights financial system resilience
Financial Stability Report 2025 shows stronger asset quality, robust profitability and solid capital buffers as banks withstand stress-test scenariosAbu Dhabi: The Central Bank of the UAE (CBUAE) has issued its Financial Stability Report 2025, highlighting the strength and resilience of the UAE’s financial and banking system, supported by solid economic performance, strong capitalisation, ample liquidity and continued growth in lending and deposits.The report showed that total assets of the UAE banking sector increased by 17.1% to reach AED5.3 trillion by the end of 2025.The sector’s loan portfolio expanded by 17.8%, driven primarily by increased domestic lending, particularly to retail customers…

