Author: Editorial team

Charles Giancarlo, Chairman and CEO, Everpure. Fresh hyperscale agreement builds on 2024 breakthrough and validates DirectFlash technology advantage Dubai — Everpure has announced a design win and supply agreement with a second top-five hyperscaler, marking a fresh milestone in the company’s push into large-scale cloud infrastructure. Building on the landmark hyperscaler deal it announced in late 2024, the agreement reinforces Everpure’s technological leadership and software-driven approach to data storage. Charles Giancarlo, Chairman and CEO of Everpure, said the win reflects growing recognition of the economic, operational, and performance advantages of the company’s DirectFlash technology over legacy storage architectures. DirectFlash, Everpure’s…

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Dubai Electricity and Water Authority (Dewa) announced its highest-ever first-half revenue of Dh14.86 billion, a 1.8 per cent increase year-on-year, as demand for electricity, water and cooling services continued to drive its operational performance.Its net profit increased by 15.02 per cent  to Dh3.33 billion, while EBITDA grew  5.27 per cent to Dh7.32 billion. Meanwhile, operating profit in this period increased by 9.08 per cent to Dh4.07 billion, the authority reported.As of June 30, Dewa’s system installed generation capacity reached 17,979 megawatt (MW), 3,860MW of which came from clean energy sources, representing 21.5 per cent of the energy mix. The Jebel…

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The trailer for Anne Hathaway and Dakota Johnson-starrer Verity was released on Tuesday, August 11, offering a closer look at the psychological thriller based on Colleen Hoover’s bestselling novel of the same name.The film follows Lowen Ashleigh (Johnson), a struggling writer who moves to the remote Crawford estate after being hired to ghost-write for renowned author Verity Crawford (Hathaway).Stay up to date with the latest news. Follow KT on WhatsApp Channels.While working at the estate, Lowen discovers what appear to be Verity’s chilling autobiographical notes, which contain disturbing confessions about her husband, Jeremy, played by Josh Hartnett.As Lowen digs deeper,…

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Brazilian legend Roberto Carlos and former Spanish star Fernando Hierro have joined Fursan Hispania as shareholders alongside the club’s founder, Spanish star Michel Salgado.Together, they will now form a major force for the success of the club’s long-term sporting project, which was founded in Dubai in 2020.This alliance between former Real Madrid, Brazil and Spanish star footballers is a significant addition to the UAE’s football development efforts and contributes to establishing Dubai as a key hub for attracting and developing footballing talent.The ambitious vision of the project launched by Salgado encouraged Roberto Carlos and Hierro to join as shareholders at…

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UAE

Sheikh Mohamed bin Zayed tours shopping centre, praises LuLu Group’s contributions to the community and interacts with employees and shoppers Abu Dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met Yusuff Ali, Chairman of LuLu Group International, and a number of company employees during a visit to a shopping centre in Abu Dhabi. During the visit, Sheikh Mohamed toured various sections of the LuLu outlet, accompanied by Yusuff Ali and officials, and interacted with employees and shoppers. His Highness expressed appreciation for LuLu Group’s efforts and initiatives in serving the UAE community and contributing to the country’s…

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ABU DHABI, 12th August, 2026 (WAM) — Space42, the UAE-based AI-powered SpaceTech company with global reach, has signed a Memorandum of Understanding with Leonardo DRS to integrate Leonardo DRS mission systems with Space42’s secure satellite connectivity to boost sovereign national security across the UAE. Under the MoU, Leonardo DRS will contribute its expertise in C5ISR mission systems while Space42 will provide secure, AI-enabled satellite communications and Beyond Line of Sight (BLOS) connectivity. Together, the companies will explore the joint design and integration of advanced mission capabilities for the UAE. “It is a strategic priority for Space42 to be recognised as…

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Summer in the UAE means reaching for a cold drink more often than usual, but increasingly, the options go beyond juices and conventional soft drinks. From probiotics and electrolytes to collagen and matcha, a growing number of beverages are being positioned as drinks that offer something extra alongside refreshment. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Whether you’re looking for a fizzy alternative to your usual soda, something to sip after a workout, or simply want to try one of the latest wellness drinks, here are some options available in the UAE this summer.…

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Burj Khalifa, Jumeirah Beach Residence and Town Square recorded the steepest annual price declines among Dubai’s apartment communities in July, as the emirate’s residential property market showed further signs of cooling, according to the ValuStrat Price Index (VPI).Burj Khalifa led the fall with prices down 19 per cent year-on-year, followed by Jumeirah Beach Residence, down 15.1 per cent, and Town Square, down 8.4 per cent.Overall, apartment values eased 0.2 per cent month-on-month in July, leaving the segment 4.2 per cent below its level a year earlier. The citywide weighted average apartment capital value came in at Dh1,786,625, with a weighted…

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Lionel Messi has reportedly stepped away from football following the death of his father and longtime representative, Jorge Messi.According to Doble Amarilla, Messi has chosen to take an indefinite break to spend time with his family, with Inter Miami leaving the timing of his return to the United States up to him.Jorge died at Sanatorio Centro in Rosario, Argentina, at the age of 68 following a prolonged illness. The hospital confirmed that he died at 2 am on August 8 but did not disclose further medical details, citing patient privacy.Stay up to date with the latest news. Follow KT on WhatsApp…

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Australia begin a massive year of Test cricket in unusual surrounds on Thursday, hosting Bangladesh for the first time since 2003 in a two-match series in the country’s tropical north.With stadiums further south occupied by Australian rules football, Darwin’s Marrara Oval will stage its first Test since 2004 before the Great Barrier Reef Arena in Mackay becomes the nation’s 12th Test venue on August 22.Unlike the festive atmosphere of an Australian home summer, the country’s first winter Tests in more than two decades will have a different feel, despite familiar heat and sunshine.Marrara Oval holds about 15,000 spectators while the…

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