Author: Editorial team
A Federal Supreme Court ruling in favour of a resident convicted of using psychotropic substances establishes that deportation is a legal measure that can only substitute imprisonment, not a financial penalty Ajman: The Federal Supreme Court partially overturned an Appeals Court ruling that had ordered the deportation of a resident convicted of using psychotropic substances and harmful materials. The Court instructed the deportation order to be revoked and upheld the lower court’s ruling, imposing a fine of Dh30,000. The Supreme Court affirmed that the law does not permit substituting a fine for deportation, and that the court’s authority in this…
Calm, gentle waves along both the Arabian Gulf and Sea of Oman through Monday make this a great weekend for the water, if you’re living in cities like Dubai, Abu Dhabi Dubai: Cloudy mornings and foggy nights are going to be your weekend view, according to the National Centre of Meteorology (NCM). And if you’d like to cool off with a dip in the sea, this weekend offers calm, gentle waters and ideal conditions. The NCM forecasts fair to partly cloudy weather today, with cloud cover increasing in the eastern and southern parts of the country by this afternoon. The…
ABU DHABI, 9th October, 2026 (WAM) — The United Arab Emirates will participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), taking place in Bangkok, Thailand, from 12 to 18 October, with Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, leading the Ministry of Finance delegation. The UAE’s participation reaffirms its continued commitment to contributing actively to shaping the global economic landscape and strengthening international and regional partnerships with financial institutions to address economic shifts and develop sustainable development financing solutions. Mohamed bin Hadi Al Hussaini said: “The Annual…
Taaleem Holdings, one of the UAE’s leading private education providers, reported record operating revenue of Dh1.31 billion for the financial year ended August 31, 2026, up 15.6 per cent from the previous year, supported by rising student enrolment and the expansion of its premium school network.However, the Dubai Financial Market-listed company reported a 22 per cent decline in net profit after tax to Dh127.2 million, reflecting higher financing costs and depreciation linked to its expansion programme, alongside lower finance and other income.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Earnings before interest, taxes, depreciation and amortisation…
If you missed watching Emraan Hashmi-starrer ‘Awarapan 2 in theatres and have been waiting to enjoy it from the comfort of your home, there’s good news. The film has officially begun its streaming journey on Prime Video.Directed by Nitin Kakkar, ‘Awarapan 2’ also stars Disha Patani, Shabana Azmi, Puran Gabbi, Vijayant Kohli, and Suvinder Vicky in pivotal roles. The film was released in August 2026 and went on to become one of Emraan Hashmi’s highest-grossing films. Emraan called ‘Awarapan 2’ a “rare phenomenon” as it was billed as a sequel to its predecessor, which was released nearly 20 years ago but failed…
The Council reported that the UAE had recorded more than 800,000 cyberattacks daily in recent months, underscoring the need for advanced, resilient defences to protect critical national infrastructure Abu Dubai The UAE has stepped up efforts in 2026 to strengthen cybersecurity, adopting a proactive approach to protecting its expanding digital infrastructure, maintaining the continuity of economic activity and essential services, and building confidence in the digital environment. Developments throughout the year highlight cybersecurity’s growing role as an integral part of digital transformation, evolving alongside artificial intelligence (AI), cloud computing and increasingly interconnected digital systems. The emphasis has shifted towards anticipating…
Dangote Refinery’s $1.6bn IPO highlights Africa’s fragmented capital markets, as cross-border investors face regulatory hurdles, limited broker access and patchy platforms despite strong demand across the continentNAIROBI: The historic stock market debut of Nigeria’s Dangote refinery was billed as an opportunity for investors across Africa to own a stake in the continent’s largest refining complex and finance its own industrial development.But the $1.6 billion share sale was not registered as a public offering outside Nigeria, the prospectus showed, leaving investors relying on their own country’s regulations or finding workarounds using the few eligible online financial platforms.The disconnect between Dangote’s pan-African…
Quality assurance visits begin this term with a focus on four key areas, using two visit tracks based on each school’s data Dubai: During the first semester of the 2026-2027 academic year, the Knowledge and Human Development Authority (KHDA) in Dubai will begin implementing quality assurance visits to private schools. The visits will be according to a flexible methodology based on data, taking into account the level of development of each school and its actual needs, while measuring the impact of the quality of education on students’ achievement and their daily school experience. Fatima Ibrahim Balraheef, Executive Director of the…
DUBAI, 9th October, 2026 (WAM) — H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), met with Bruce Richards, Chairman, Chief Executive Officer and Co-Founder of CVC Marathon, a global asset management firm specialising in public and private credit markets. The meeting took place at His Highness’s office. The meeting explored developments in the global financial landscape and opportunities for closer cooperation in investment and asset management. It also highlighted the UAE’s growing appeal to international investors, supported by its…
Samsung Electronics recently forecast an operating profit of KRW107.4 trillion ($80.2 billion) in its preliminary Q3 figures. If attained this would be the first time the company would surpass the KRW100 trillion milestone. With its chip business continuing to thrive, Samsung’s projected quarterly operating profit figure is a 782% increase year-on-year. Revenue is expected to hit around KRW195 trillion, up almost 127%. It would be the South Korean company’s fourth straight quarter of record operating profit, fuelled by an ongoing memory chip shortage driven by rising demand for AI services. Josh Gilbert, lead analyst for APAC at investment platform eToro,…