Author: Editorial team

ABU DHABI, 14th August, 2026 (WAM) — The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, has signed a Memorandum of Understanding with the General Commercial Gaming Regulatory Authority (GCGRA), the UAE’s federal regulator for commercial gaming, establishing a formal framework for regulatory cooperation and the exchange of information in support of their respective supervisory responsibilities. The MoU reinforces the shared commitment of both authorities to maintaining high regulatory standards through effective collaboration, information sharing and coordinated engagement on matters of mutual interest. It provides a framework for cooperation that supports the effective supervision…

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AD Ports Group reported an 88 per cent rise in second-quarter net profit to Dh836 million, as growth across maritime and shipping, economic cities and free zones, and logistics helped deliver the group’s strongest quarterly results on record.Revenue for the three months ended June 30 climbed 47 per cent to Dh7.08 billion, while adjusted EBITDA rise 49 per cent to Dh1.74 billion, with the EBITDA margin improving to 24.5 per cent from 24.2 per cent a year earlier. Stay up to date with the latest news. Follow KT on WhatsApp Channels.For the first half, revenue increased 36 per cent to…

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David Letterman is set to interview Matt Damon, Julia Roberts, Jimmy Kimmel and Alex Honnold in Season 7 of his Emmy-nominated show ‘My Next Guest Needs No Introduction With David Letterman’, reported Variety. The sixth season of the show is currently up for an Emmy for outstanding hosted nonfiction series or special.Netflix shared the announcement on their Instagram handle today. Sharing glimpses from the shoot, the makers wrote, “Matt Damon, Julia Roberts, Jimmy Kimmel and Alex Honnold will spotlight their lives and careers in Season 7 of MY NEXT GUEST NEEDS NO INTRODUCTION WITH DAVID LETTERMAN, premiering later this year.”According…

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Jon Rahm captured his third consecutive LIV Golf season crown on Sunday while Chile’s Joaquin Niemann took a wire-to-wire victory at LIV Golf New York for a record ninth series title.Niemann fired a two-under par 69 to finish 72 holes on 16-under 268 and defeat American Harold Varner III by three strokes at Trump National Bedminster in New Jersey.”The more they push me the better golfer I became from every experience,” Niemann said.”I was just hoping to be able to hit the shots I did and make the putts that I did coming down the stretch. I put the credit…

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Gold prices steady near two-month high as inflation rally fades, Fed hike odds fall, and investors take profits ahead of FOMC minutes while oil tensions and physical demand shape outlookGold prices steadied on Friday after pulling back from a more than two-month high, as investors booked profits following a rally fuelled by softer U.S. inflation ⁠data and fading expectations for a Federal Reserve rate hike in September.Spot gold was little changed at $4,351.45 an ounce by 1113 GMT after the contract fell 1.3% in the previous session. U.S. gold ‌futures for December delivery fell 0.3% to $4,407.70 per ounce.Bullion rallied…

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UAE

ABU DHABI, 14th August, 2026 (WAM) — The Abu Dhabi Housing Authority has announced an extension to the activation period for housing construction, demolition and reconstruction, and maintenance loans, as part of its efforts to enhance the flexibility of housing support and enable beneficiaries to build or maintain their homes under more suitable and efficient conditions. Under the initiative, which aligns with the objectives of the ‘Year of Family’ to promote family wellbeing, two additional years have been added to the activation period for construction, demolition and reconstruction, and housing maintenance loans. The measure is intended to ease pressures associated…

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Google recently showcased its Pixel 11 series phones alongside expanded hardware at an annual event, introducing processor and camera upgrades along with adjusted memory configurations. The range spans the base Pixel 11 (priced at $899), Pixel 11 Pro ($1,099), Pixel 11 Pro XL ($1,299) and Pixel 11 Pro Fold ($1,899), which all run on Google’s Tensor G6 processor. Google stated Tensor G6 provides a 50% increase in compute performance than its previous generation and is built to accelerate on-device execution of the Gemini Nano generative AI model. The company noted on-device AI workloads run up to 3.5-times faster and cut…

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DUBAI, 14th August, 2026 (WAM) — Approximately 20,000 successful applicants have benefited from ‘A Dubai Invite’ since its launch on 20th July, prompting the Dubai Department of Economy and Tourism (DET) to triple the programme’s capacity in response to strong demand, as registration approaches its final capacity. Noor Al Geziry, AVP, Special Projects and MENA at DET, said the strong response reflects the important role Dubai residents play in sharing their positive experiences of the city with others. She added that collaboration with partners had enabled the programme to triple its capacity. DET encouraged residents to register as soon as…

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Amanat Holdings reported a 46 per cent rise in first-half profit to Dh153.3 million, supported by higher patient volumes, rising student enrolments and continued expansion across its healthcare and education businesses. Revenue for the six months ended June 30 increased 24 per cent to Dh582.5 million, while EBITDA rise 30 per cent to Dh226.4 million. Adjusted profit increased 72 per cent to Dh153.4 million. Stay up to date with the latest news. Follow KT on WhatsApp Channels.The company also declared an interim cash dividend of Dh75 million, equivalent to 3 fils per share. Cambridge Health Group reported a 28 per…

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Preity Zinta has returned to the big screen alongside Sunny Deol in Batwara 1947, which arrived in cinemas today, August 14.Directed by Rajkumar Santoshi, the Partition drama also stars Shabana Azmi, Karan Deol, Ali Fazal and Abhimanyu Singh.The film reunites Deol and Zinta, who previously worked together in films including The Hero: Love Story of a Spy and Bhaiaji Superhit.Ahead of the release, Deol spoke about the film’s Partition setting and stories about the period that had been passed down through his own family.In a recent interview, Deol addressed comparisons between Batwara 1947 and his Gadar films. “It’s a family film,” he said, adding that Tara Singh and…

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