Author: Editorial team
Emaar Properties reported a 26 per cent increase in first-half net profit to Dh11.15 billion, as revenue rose 21 per cent and property sales remained strong across its development portfolio.Revenue for the six months ended June 30 increased to Dh23.9 billion, from Dh19.8 billion a year earlier, while EBITDA rose 24 per cent to Dh12.9 billion. Net profit before tax increased 23 per cent to Dh12.8 billion.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The company recorded property sales of Dh26.6 billion during the first half, while its revenue backlog from property sales reached Dh164.9 billion,…
After a successful theatrical run, filmmaker Imtiaz Ali’s latest outing ‘Main Vaapas Aaunga’ is set to reach a wider audience with its digital debut.The film premiered on Netflix on Friday, August 7.Sharing the news on Instagram, the OTT platform wrote, “78 saal pehle jo kahaani adhoori reh gayi thi, woh ab poori hogi (The story that was left unfinished 78 years ago, will get its completion now). Watch ‘Main Vaapas Aaunga’, out 7 August, on Netflix!”Earlier, director Imtiaz Ali marked a special milestone as ‘Main Vaapas Aaunga’ completed 50 days in theatres. In a nod to the milestone, Imtiaz Ali…
Mohamed Salah arrived smiling at an Istanbul airport on Wednesday wearing Trabzonspor’s burgundy and blue kit ahead of his expected move to the Turkish top-tier side from Liverpool, as hundreds of fans jostled to get a glimpse of the Egyptian forward.Trabzonspor announced a day earlier they were in negotiations with Salah and club chairman Ertugrul Dogan said they expected to sign the 34-year-old on a free transfer at a ceremony in the Black Sea city on Thursday.”Trabzon, are you ready? I can hear you. See you very soon,” Salah said in a video posted by the club on X.”Everywhere is…
The Ministry expressed its sincere condolences and sympathy to the families of the victims. Abu Dhabi: The United Arab Emirates has condemned in the strongest terms the terrorist bombing of a passenger bus in Jarmana city, near Syria’s capital, Damascus, which resulted in a number of deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) reaffirmed the UAE’s strong condemnation of these terrorist acts and its firm rejection of all forms of violence and terrorism aimed at undermining security and stability. The Ministry expressed its sincere condolences and sympathy to the families of the victims, and to…
Indonesia’s e-commerce marketplaces will start collecting income tax from sellers from Nov 1, after a second postponementJAKARTA: Indonesia’s e-commerce marketplaces will start collecting income tax from sellers on their platforms starting from November 1, the country’s tax office said late on Wednesday, after Jakarta delayed the plan for a second time to boost purchasing power.Below are details from the tax office’s statement:”This postponement was implemented as an effort to maintain public purchasing power amid economic conditions that remain a focus of the government,” the tax office said.Income tax already collected from the sellers will be refunded, the tax office added.Tokopedia,…
ABU DHABI, 7th August, 2026 (WAM) — Mansoor Jaffar, CEO of ADGM Academy & Research Centre, has said that the academy is focused through 2030 on three strategic objectives: building future-ready national talent, strengthening workforce capabilities, and positioning Abu Dhabi as a regional hub for education, executive development, applied research and innovation, in support of the UAE’s long-term economic ambitions. In statements to the Emirates News Agency (WAM), Jaffar said, “Our objective is to ensure that Emiratis are not only prepared for the jobs AI will create, but are equipped to shape them, lead them, and drive the next phase…
Artificial intelligence is advancing at an extraordinary pace. Businesses are racing to integrate AI into everything from customer service and financial operations to healthcare, logistics and marketing. As adoption accelerates, one question is becoming increasingly important: will people trust the systems they rely on?Recent reports of cybercriminals exploiting digital advertising to redirect users to malicious websites serve as another reminder that digital innovation and digital risk often evolve together. As AI becomes embedded into more products and services, trust is no longer just a cybersecurity concern – it is becoming a business imperative.For years, conversations around AI have focused on…
Young makeup artist Ava Gillies, known for working in hit Hollywood film ‘Barbie’ and the popular TV show ‘Bridgerton’, passed away at 26 in a tragic car accident. According to the New York Post, Gillies was driving down a carriageway in Wrelton, England when a black Audi A4 slammed into her white Volkswagen Polo on July 26, said the North Yorkshire police. After the accident, Gillies passed away at the scene. In a statement, Gillies’ family mourned her passing, calling the loss “immeasurable.””Ava, we will always, always miss you, your wit, your charm, your beauty, your feisty confidence, your many…
Fifa president Gianni Infantino has received the “full support” of senior directors on Wednesday but world football’s governing body apologised for the controversy of the now-shelved plan to open the World Cup to private investment.Facing a barrage of criticism following the aborted plan, Fifa’s leadership acknowledged “errors”, while nonetheless backing under-fire Infantino following a crisis meeting in Morocco.Infantino has come under increasing pressure, even from within his organisation, over his handling of the proposal, and calls for him to step down had grown since he abandoned it last Saturday.In a statement on Wednesday, Fifa’s leadership acknowledged “that errors were also…
ABU DHABI, 7th August, 2026 (WAM) — ADNOC has affirmed that it remains firmly focused on meeting customer requirements despite an “exceptionally challenging environment”. “We continue to be significantly impacted by unprovoked attacks on our people and our assets. Since the beginning of the conflict, 15 of our vessels have been attacked by missiles and drones while transiting the Strait of Hormuz, including three vessels this week alone. Tragically, these attacks have resulted in one fatality and 20 injuries to crew members,” the company said in a statement on Friday. “In close coordination with the relevant authorities, ADNOC is taking…