Author: Editorial team
Gold rose more than 1% on Wednesday, supported by a softer dollar after a U.S. inflation reading matched expectations, bolstering bets that the Federal Reserve will keep rates on hold in September.Spot gold rose 1.1% to $4,416.29 per ounce by 09:25 a.m. EDT (1325 GMT), and climbed above the 100-day moving average, which is currently at $4,387.33. Bullion scaled to its highest level since June 5 on Tuesday. U.S. gold futures gained 0.8% to $4,476.10.U.S. consumer inflation increased slightly in July, potentially weakening the argument for an interest rate hike from the Fed next month. It edged up 0.1% last…
Standing on a ferry as it waits to dock on the Greek island of Ithaca, Giorgia Ongarato is only too keen to talk about the Odyssey, the epic poem that inspired Christopher Nolan’s blockbuster film.For the 50-year-old Italian lawyer, visiting Ithaca, widely believed to be the island home of Odysseus in Homer’s epic, had long been a dream.Stay up to date with the latest news. Follow KT on WhatsApp Channels.“I studied Greek when I was a child, and I studied the Odyssey,” said Ongarato, who arrived wearing a T-shirt emblazoned with the word “Odyssey” in ancient Greek alongside a line…
Croatian manager Zlatko Dalic has been appointed coach of the United Arab Emirates, the country’s football association (UAEFA) said on Wednesday.The 59-year-old left his role as Croatia coach in July after their World Cup campaign ended in the round of 32 with a 2-1 defeat by Portugal.”Welcome, Zlatko Dalic. The UAE Football Association is pleased to announce the appointment of the Croatian as the new Head Coach of the UAE National Team,” the UAEFA posted on X.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Dalic returns to the UAE, where he led Al Ain to the…
Passengers can choose between Saver, Value and Flexible fares, with varying levels of ticket flexibility, refunds and seat-selection benefits across Comfort and Premium classes Dubai: Etihad Rail has outlined different conditions for ticket changes, refunds and seat selection across its three ticket categories: Saver, Value and Flexible, available in both Comfort and Premium classes, giving passengers the ability to choose the level of flexibility that best suits their travel needs. The company explained that the Saver ticket is designed for travellers with fixed plans, as it does not allow changes, refunds or transfers to another passenger. Seat selection is available…
SHARJAH, 12th August, 2026 (WAM) — Investments by Emirati youth in Sharjah’s real estate sector reached a cumulative value of AED 4.3 billion as of August 2026, through 7,052 properties traded by 5,314 young individuals. This reflects their growing position as strategic partners and their strong confidence in the attractiveness of the emirate’s economic and legislative environment. The statistical figures released by Sharjah Real Estate Registration Department coincide with the celebration of International Youth Day on 12 August, highlighting the pivotal role played by the nation’s youth in strengthening the real estate sector and their growing investment awareness, which has…
ABU DHABI, 12th August, 2026 (WAM) — The UAE Football Association (UAEFA) has announced the appointment of Croatian coach Zlatko Dalić as head coach of the senior national team for the next phase, succeeding Romanian Cosmin Olăroiu. “Welcome, Zlatko Dalic. The UAE Football Association is pleased to announce the appointment of the Croatian as the new Head Coach of the UAE National Team,” the UAEFA posted on X. The association will announce details of the Croatian coach’s contract, on Thursday, during a press conference at its headquarters in Dubai, attended by association officials and media representatives. The conference is expected…
Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services in a Rs182.68 billion ($1.92 billion) deal, as the U.S. lender expands its presence in India’s fast-growing financial sector.The deal extends a recent run of large foreign investments in Indian banks and non-bank lenders, which are seeing a strong demand for credit and low loan delinquency rates.Recent deals include Japan’s MUFG investment in Shriram Finance, Dubai-based bank Emirates NBD’s 60% stake purchase in RBL Bank and Sumitomo Mitsui Financial Group’s investment in Yes Bank.Bank of America will become a joint…
Margaret Qualley and Callum Turner’s remake of the 1981 supernatural thriller Possession is set to hit theatres on June 11, 2027, according to Variety.Paramount has scheduled the film for a theatrical release next summer, where it will open alongside Universal’s live-action How to Train Your Dragon 2.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Smile director Parker Finn is adapting the cult horror film, which follows the troubled relationship between a spy and his wife after she asks for a divorce and begins exhibiting increasingly disturbing behaviour.The original Possession, written and directed by Polish filmmaker Andrzej…
Playing 20 Test matches in 12 months is a challenge in the post-T20 era for most all-format young cricketers. But surviving this hectic schedule is a challenge of epic proportions for players on the wrong side of their 30s.As Australia begin their new season with the first match of the two-Test series against Bangladesh at home on Thursday, all eyes will be on their legendary bowling quartet — Mitchell Starc, Josh Hazlewood, skipper Pat Cummins and Nathan Lyon.The season ahead could be gruelling for the four veterans, with Australia scheduled to play 20 Test matches across continents, with an additional…
The initiative will provide offices at Al Teneiji Business Centre for branches of foreign companies seeking to invest in the emirate.Sharjah: As part of its efforts to strengthen relations with private-sector partners and provide the support needed to develop and sustain Sharjah’s business sector, the Sharjah Economic Development Department (SEDD) has announced a joint initiative with Al Teneiji Group.The initiative will provide offices at Al Teneiji Business Centre for branches of foreign companies seeking to invest in the emirate. It builds on an earlier initiative that made offices available to start-up investors.The department said the initiative represents a strategic step…