Author: Editorial team

UAE

AJMAN, 6th August, 2026 (WAM) — The total number of real estate transactions in the Emirate of Ajman during July reached 1,517, with a combined value of AED1.65 billion. Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department at the Ajman Department of Land and Real Estate Regulation, said the trading volume amounted to AED1.08 billion across 1,296 transactions. He added that 138 mortgage transactions were recorded with a total value of AED341 million, with Al Jurf Industrial 1 registering the highest single mortgage transaction at AED20.9 million. Al Shamsi said the figures reflect the upward trajectory of…

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UAE

Mohamed bin Zayed: UAE will continue to follow in the footsteps of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE, inspired by his vision UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has affirmed that the UAE will continue to follow in the footsteps of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE, inspired by his vision. In a post on the social media platform “X”, His Highness said: “Today marks the 60th anniversary of the accession of the UAE’s Founding Father, the late Sheikh Zayed, as Ruler…

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Dubai-based developer Dar Global has awarded the construction contract for the podium of Trump International Hotel & Tower, Dubai to Gulf Asia Contracting, marking the project’s move into its next construction phase.The London-listed luxury real estate developer said the appointment follows the successful completion of all enabling works on the project, which are due to wrap up in September 2026.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Located on Sheikh Zayed Road, the tower is set to rise approximately 350 metres across 80 floors. The development will combine a five-star hotel, branded residences and an exclusive…

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If there were any doubts that Spider-Man remains Hollywood’s biggest box-office draw, Brand New Day has put them to rest. By racing past the $1 billion mark in just six days, Spider-Man: Brand New Day has officially become the second-fastest film in history to reach the milestone after Avengers: Endgame. The film stormed into cinemas with one of the biggest debuts ever, earning around $168–169 million on its opening day in North America before racing to an estimated $355–360 million over its first weekend. Worldwide, audiences turned out in huge numbers, delivering a staggering $927–932 million global debut.Much of that momentum…

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Windows were smashed and petrol bombs hurled at former Bangladesh cricket captain Shakib Al Hasan’s residence after he joined ousted Prime Minister Sheikh Hasina’s first public media interaction since her 2024 removal from power, in which she vowed to return in December.Police said a group of people attacked Shakib’s ancestral home in Magura town, about 170 km (105 miles) southwest of the capital Dhaka on Wednesday, causing a fire on the upper floor of the residence. The property was unoccupied at the time and no injuries were reported.Reuters was unable to reach Shakib for comment on the attack. The attack…

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ABU DHABI, 5th August, 2026 (WAM) — ADNOC Distribution delivered record first-half results, with net profit rising 59 percent year-on-year (YoY) to $568 million and reported EBITDA increased 39 percent to $786 million, reflecting strong operational performance and inventory gains during the period. Underlying EBITDA increased 14 percent YoY to $603 million. Performance was supported by record fuel volumes, continued network expansion, inventory gains and sustained growth in the higher-margin non-fuel retail (NFR) segment. Fuel volumes reached a record 7.75 billion litres, supported by network expansion, as well as resilient retail and commercial demand. ADNOC Distribution’s fuel retail network, spanning…

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Gebremariam transformed Ethiopian Airlines into Africa’s largest carrier and guided it through two major crises: the COVID-19 pandemic without ‌government aid and the fatal 2019 Boeing 737 MAX crash.Air India named former Ethiopian Airlines chief Tewolde Gebremariam as CEO on Wednesday, bringing in an industry veteran to drive its turnaround amid mounting regulatory scrutiny ⁠following last year’s deadly crash.The appointment concludes the loss-making carrier’s months-long search for a chief executive during its most challenging period since returning to Tata Group ownership in 2022.”It takes someone with a particular set of skills and experience to navigate such a complex situation,” independent…

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UAE

DUBAI, 6th August, 2026 (WAM) — The Emirati Educator Forum has reaffirmed Dubai’s commitment to strengthening its position as a leading global destination for the teaching profession by investing in national talent and empowering Emiratis to help shape the future of private education. Organised by the Knowledge and Human Development Authority (KHDA), the forum brought together around 100 Emirati teachers from private schools and early childhood centres as part of the implementation of the Emirati Educator Strategy for the private education sector. The strategy aims to increase the number of Emiratis working in the sector to 3,000 by 2033. The…

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