Author: Editorial team
Whitney Houston’s unforgettable I Wanna Dance with Somebody era is getting Barbie-fied.Mattel has unveiled a new Whitney Houston Barbie Signature doll, immortalising the late music icon in one of the most colourful and instantly recognisable looks of her career. The collectible takes inspiration from the vibrant music video for the 1987 pop classic, recreating Houston’s joyful aesthetic at a time when she was cementing her place as one of the defining voices of her generation.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The release arrives amidst a milestone year for Houston’s legacy. In 2026, the singer…
U.S. appeals court orders reconsideration of DJI’s Pentagon blacklist status, challenging claims it supports China’s military and affecting future Defense Department contracting bansA U.S. appeals court on Friday ordered a lower court to reconsider whether China-based DJI, the world’s largest drone maker, should be removed from a Pentagon list of companies allegedly supporting Beijing’s military.The U.S. Court of Appeals for the District of Columbia Circuit ruled that the lower court erred by relying only on the unclassified record in concluding that the company contributes to the Chinese defense industrial base.DJI is one of a growing number of Chinese companies challenging…
QUITO, 14th August, 2026 (WAM) — Daniel Noboa, President of the Republic of Ecuador, received Omar Sultan Al Olama, Minister of State for Artificial Intelligence, and Envoy of the Minister of Foreign Affairs to the Republic of Ecuador. Al Olama conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, to President Noboa, along with their wishes for further progress and…
ROME, 14th August, 2026 (WAM) — Italy’s annual inflation rate fell slightly to 2.9 percent in July from 3 percent in June, according to the Italian National Institute of Statistics (Istat). Italian news agency (ANSA) reported that Istat said the slight slowdown in inflation mainly reflected price dynamics in non-regulated energy products, whose annual increase eased from 13.3 percent to 11.4 percent, unprocessed food, from 4.4 percent to 3.6 percent, and miscellaneous services, from 2.5 percent to 1.8 percent. On a monthly basis, Istat’s consumer price index rose by 0.3 percent in July. Source: Emirates News Agency
Iraq’s stock market outperformed most major regional exchanges in July, supported by gains in banking shares and improving economic ties with the United States, even as trading activity slowed during the summer months.The Rabee Securities Iraq Stock Exchange Index (RSISX) gained 1.6 per cent during the month, outperforming markets including Bahrain, Qatar, Muscat, Dubai and Saudi Arabia. The advance was driven primarily by gains in Al-Mansour Bank, Bank of Baghdad and Iraqi Islamic Bank.Investor sentiment was also supported by strengthening economic relations between Iraq and the US, according to market data released by Rabee Securities.Banking stocks played a central role…
Singer and actor Selena Gomez was sued on Thursday by investors who say the “Only Murders in the Building” star committed fraud by failing to fulfill duties to build and promote her mental health start-up.The plaintiffs invested nearly $1.2 million in Wondermind Global, which was launched in 2021 to help users strengthen their “mental fitness,” according to the lawsuit filed in federal court in Delaware.Investors said they were told Gomez, one of the biggest celebrities on social media with more than 500 million followers, would be actively involved in building the company as head of marketing. They argue that Gomez…
Coastal temperatures are set to ease this weekend in Dubai, Abu Dhabi, Sharjah and other emirates, while humidity could reach 90% and trigger mist formation overnight and early morning. Dubai: After days of temperatures in the high-40s, the mercury is starting to dip this weekend, even as humidity builds overnight. According to the National Centre of Meteorology (NCM), the weather today will be fair to partly cloudy, with extended cloud cover northward and eastward. Due to convective cloud formation, you can expect to see light rainfall if you’re based in regions like Fujairah. Temperatures start to dip as humidity rises…
ABU DHABI, 14th August, 2026 (WAM) — AD Ports Group on Friday reported its strongest quarterly results on record for the second quarter of 2026, confirming the resilience of its diversified and integrated trade ecosystem amidst a challenging and volatile geopolitical and macroeconomic backdrop marked by conflict in and around the Strait of Hormuz. Revenue in Q2 2026 rose 47 percent YoY to AED7.08 billion, driven by the strong operational and financial performance of the Maritime & Shipping, Economic Cities & Free Zones (EC&FZ), and Logistics Clusters. EBITDA in Q2 2026 rose 49 percent YoY to AED1.74 billion, implying an…
Parkin reports AED 364.1 million Q2 2026 revenue up 14%, net profit AED 166.2 million, parking spaces grow 27% to 268,300 and transactions reach 34 million in DubaiParkin Company PJSC (Parkin) announced its financial and operational results for the second quarter ended 30th June, 2026, reporting a 14 percent increase in total revenue to AED364.1 million compared with the same period in 2025.Net profit rose 12 percent to AED166.2 million, supported by growth in seasonal cards, developer parking and enforcement. EBITDA increased 15 percent to AED217.2 million from AED189.3 million, with an EBITDA margin of 60 percent.Eng. Mohamed Abdulla Al…
[Editor’s Note: For the latest updates on how the US-Iran war has escalated since a 14-point deal was signed on June 17, follow the Khaleej Times live blog.]Adnoc has confirmed that two of its vessels were attacked while they were transiting through the Strait of Hormuz on Thursday evening, in the second such incident in under a week.The UAE’s energy group issued a statement, according to a Wam report, stressing the importance of protecting the safety and wellbeing of seafarers, while safeguarding the freedom of navigation and maritime security. It said that the incident on August 13 resulted in no injuries and that…