Author: Editorial team

SoftBank Group is reportedly targeting up to $100 billion in funding to scale up the company’s AI ambitions. Apparently there are a number of investors in the Gulf in line to strike partnerships. The Financial Times (FT) reported that founder and CEO Masayoshi Son has been in discussions with senior figures across the Middle East including in the UAE over possible fundraising, although the outlet added there is no guarantee talks with the investors will amount to anything. It also did not name any companies or specific individual investors. FT sources claim Son is looking to use the cash to…

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For some, TikTok is a way to relax after a busy day. For others, it has become a habit that is difficult to break, with hours passing by as they scroll through short videos. But how much does the app really affect the way young people spend their time? Three UAE residents, aged between 17 and 23, shared how TikTok has become part of their daily routines and whether they believe it has affected their lives. 8 hours a day on TikTok with no plans to stop For 23-year-old Alreem Ali, TikTok has become such a regular part of her…

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The Jaecoo Omoda 5 Hybrid car during the 91st edition of the international Paris Motor Show at the Porte de Versailles in Paris on MondayThe AiMOGA Argos Quadruped Robot Dog and the Chery Tiggo 7 Hybrid car at the Paris Motor Show The Alfa Romeo Cuorerosso concept car on displayThe Peugeot 9X8 sports carThe Peugeot 205 E-T16 electric car A new concept car, DS Fever from French car maker DS Automobiles, owned by world’s fourth-largest automaker Stellantis, which will be unveiled during the Paris Motor Show The Audi Q4 Sportback e-tron Source: Khaleej Times

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Actor Alia Bhatt congratulated Sohum Shah on the eight-year anniversary of his film ‘Tumbbad’, a horror fantasy that marked eight years since its release.Alia shared a picture of herself wearing the eye mask on her Instagram Story.The actor was seen wearing the custom-made mask associated with the film, which has become known for its dark and unusual look. Her post has added to the buzz around the sequel, though the picture itself does not confirm any details about her role.The post comes amid her involvement in the project. Earlier in July, the makers of ‘Tumbbad 2’ officially confirmed that Alia Bhatt…

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Tokyo-listed group brings its development arm to the UAE, focusing on quality, long-term value and innovationDubai: Japanese real estate group Kasumigaseki Capital has announced plans to expand its presence in the UAE through its development arm, Kasumigaseki Properties Development, marking its transition from investor to property developer in the local market.The move signals a new phase for the Tokyo-listed company, which said it aims to introduce Japanese standards of quality, long-term planning and customer-focused development to the UAE’s real estate sector.Kasumigaseki Properties Development said its approach is built around three core principles: hinshitsu (quality), anshin (peace of mind) and kakushin…

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UAE

The project, launched by Awqaf Dubai in partnership with MBRHE and Emarat Al Youm, has delivered 22 endowment villas to support housing assistance programmes Dubai: Dubai’s Endowment and Minors’ Trust Foundation (Awqaf Dubai) has inaugurated the Bunyan Al Khair endowment initiative, developed in partnership with the Mohammed bin Rashid Housing Establishment (MBRHE) and Emarat Al Youm, following the completion of 22 endowment villas valued at AED70 million. The project comprises AED35 million in land value and AED35 million in construction costs and is designed to support housing assistance for low-income Emiratis, families in need and humanitarian cases that do not…

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UAE

More than 10,000 participants from around the world expected to attend the four-day event from 18 to 21 November Dubai: Dubai Future Foundation (DFF) has announced that Dubai Future Week will feature a diverse programme of events and experiences across eight distinct concepts from 18 to 21 November 2026 at Emirates Towers and the Museum of the Future. Organised by DFF under the theme ‘For the Human of the Future’, the event is expected to attract more than 10,000 participants from around the world, including experts, innovators, investors, policymakers, entrepreneurs and technology specialists from key sectors shaping the future. The…

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NAIROBI, 12th October, 2026 (WAM) — The Interfaith Alliance for Safer Communities will organise the third round of discussions under the Faith–AI Compass Covenant tomorrow in the Kenyan capital, Nairobi. The roundtable will bring together religious leaders, technology industry representatives, academics, and policymakers to examine the rapid changes driven by artificial intelligence and consider their consequences for humanity and society. Building on previous meetings in New York and Paris, the Nairobi roundtable will advance the initiative’s exploration of AI’s future, with particular emphasis on the ethical questions it raises and its impact on human life. The discussions will be jointly…

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UAE

Court ruled that the claimant failed to prove the alleged salon partnership agreement or the purpose of the money transfer Abu Dhabi: The Abu Dhabi Family, Civil and Administrative Court has dismissed a lawsuit filed by a woman seeking the return of AED65,000 that she claimed to have transferred to a man under a partnership agreement relating to a women’s salon. The court found that the claimant had failed to provide sufficient evidence to prove the existence of the agreement or the reason for the transfer. The woman filed a lawsuit demanding that the defendant pay her AED65,000, along with…

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The UAE’s net wealth grew by 12.7 per cent between 2024 and 2025, rising from $3.2 trillion to $3.6 trillion, according to Boston Consulting Group’s (BCG) Global Wealth Report 2026.Total net wealth is forecast to reach $6 trillion by 2030, representing a compound annual growth rate (CAGR) of 10.6 per cent and an increase of more than $2.3 trillion over the next five years.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The findings highlight the strength of the UAE’s wealth market amid volatile global conditions and heightened geopolitical uncertainty.Financial wealth, including both investable and non-investable assets,…

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