Author: Editorial team
[Editor’s Note: Follow Khaleej Times live blog for the latest regional developments since the US-Iran war started on February 28]The Asian Cup in January is “on schedule”, Saudi Arabian organisers said, after fears for the tournament following Houthi attacks on the country. The 2027 Asian Cup is supposed to kick off on January 7 in the Saudi cities of Jeddah, Riyadh and Al Khobar. In a statement late Thursday, the local organising committee said: “Preparations remain on schedule for the tournament. This work continues in close coordination with the Asian Football Confederation (AFC) and other relevant stakeholders.”Saudi Arabia has in recent…
HomeBusinessWatch: Tesla’s new Roadster turns in air with SpaceX thrusters, won’t land until 2028Tesla unveils redesigned Roadster with SpaceX thrusters that can flip and jump, targeting 2028 production as Musk showcases extreme EV performance and new reservation depositsReutersPublished: 16 October 2026, 10:43 (UAE)Updated: 16 October 2026, 10:54 (UAE)4 min readTesla unveils its long-delayed Roadster nearly a decade after first revealing a next-generation version of its original electric sports car, at a launch event in Waco, Texas, US, on October 15, 2026, in this still image taken from a handout video. (Reuters)1 / 6Tesla unveils its long-delayed Roadster nearly a decade…
Home UAE Billion Followers Summit launches ‘100 Dreams’ initiative to turn creators’ ideas into sustainable businesses The initiative, launched with Simon Squibb and the support of the National Media Authority, aims to connect creators and entrepreneurs with funding, knowledge, expertise and professional networks By Rehab HalawaPublished: 15 October 2026, 12:39 (UAE)5 min read The initiative aims to turn the dreams of content creators and entrepreneurs into real economic opportunities, enabling them to build sustainable projects and companies that contribute to the growth of the creative economy and digital media. It also seeks to strengthen the role of the content industry…
Arvind Nithrakashyap, Co-Founder and Chief Technology Officer at Rubrik. Rubrik, the Security and AI Operations Company, recently announced Rubrik MCP (Model Context Protocol), giving an organisation’s AI agents a secure, programmable path to Rubrik’s data, identity, and application intelligence. Support for MCP expands Rubrik AI, which is now trusted by one-third of its global customers, and unites Anthropic’s frontier models with Rubrik’s domain expertise and security guardrails—to deliver a multi-step reasoning agent engineered for critical incident response. “We are seeing rapid growth with AI, and the addition of Rubrik MCP transforms security operations by seamlessly connecting customer AI agents directly…
BRUSSELS, 16th October, 2026 (WAM) — The European Union is aiming to give speedy antitrust approval to a satellite venture seen as the bloc’s answer to SpaceX after intense talks with its partners Leonardo SpA, Airbus SE and Thales SA, Bloomberg reported, citing a person familiar with the matter. Discussions over the past year have homed in on flagging — and ironing out — any potential competition concerns over the project before it is formally notified for approval. While the companies have yet to file, EU officials expect them to do so in the coming weeks, the person added. The…
Abu Dhabi: Two experts in psychology and public health warned of the dangers of shopping turning into a compulsive and difficult-to-control behaviour for some people, stressing that shopping addiction may lead to severe psychological, financial, and social crises, and that those afflicted with it are similar to drug addicts in terms of losing the ability to control their actions. They pointed out that social comparisons through social media platforms, and parenting methods that link happiness to purchases and material rewards, are among the most prominent factors that fuel this behaviour. For its part, the National Rehabilitation Centre stated that some…
SHARJAH, 15th October, 2026 (WAM) — The ninth Sharjah Investment Forum (SIF 2026) examined opportunities to strengthen investment ties between Brazil and the UAE on Thursday, focusing on Sharjah’s potential as a regional base for Brazilian companies seeking to expand their operations. During the session ‘Beyond Trade: Unlocking the Brazil–UAE Investment Corridor’, Ana Beatriz Fernandes, Head of InvestSP’s Middle East, North Africa and India Office; Lubna Chahine, Partner at Solari Dubai; and Mariana Ricardo, Founder and CEO of WhatsNxt, discussed the growth of bilateral investment, opportunities for cooperation between Sharjah and São Paulo, and the importance of local business relationships…
Property cancellations at Emaar Properties doubled to around 1,200 a month during the recent regional tension but have since fallen to fewer than 600, founder Mohamed Alabbar said on Thursday.Speaking at the ninth Sharjah Investment Forum (SIF 2026), Alabbar said the developer typically sells about 4,000 units a month, with roughly 600 cancellations. The spike was temporary, he said, and cancellations are back at normal levels.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Collections remained at 9 per cent throughout the conflict period, he said, adding that Emaar’s sales backlog stood at around Dh180 billion. The…
Dubai: The Dubai Civil Court of First Instance ordered a defendant to return $468,332 worth of digital currencies, or its equivalent in Dirhams, to its owner who was subjected to an electronic phishing scam that resulted in the withdrawal of funds from his digital wallet. The court also ordered him to pay Dh50,000 in compensation for moral damages, after it was proven, by a final criminal ruling, that he had misappropriated part of the currencies that were transferred through a series of digital wallets to his wallet on one of the cryptocurrency trading platforms. In detail, the incident began when…
LONDON/JOHANNESBURG: Cartier-owner Richemont is in talks to join a consortium bidding for De Beers, the diamond miner being sold by Anglo American and valued at about $1 billion, a person familiar with the matter said.A deal would give the Swiss luxury goods group greater influence over a key part of its supply chain as the diamond industry emerges from a prolonged downturn.Richemont, which also owns jeweller Van Cleef & Arpels, is discussing joining the Global Diamond Consortium, a group led by former De Beers Chief Executive Gareth Penny, the person told Reuters.Bloomberg News earlier reported the talks, citing people familiar…