Author: Editorial team
Oil prices are expected to drop globally as crude oil exports from the UAE and the wider Middle East exceed pre-war levels in the last week of September.Analysts said the Middle East war involving the US and Iran will also be instrumental in determining global oil prices.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Provisional data from ship-tracking firm Kpler showed that crude oil exports from the Middle East exceeded pre-war levels on September 24 and between September 27 and 29, rising to between 19.5 million barrels per day and 22.5 million barrels per day, despite…
Social media influencers Andrew and Tristan Tate used a “lover boy” model to lure women with the promise of romantic relationships before coercing them to create online pornography, British law enforcement said in court documents made public on Monday in the US.In the most comprehensive description of the British criminal case against the brothers to date, a British detective said the basis of the prosecutors’ case was that the brothers encouraged women to travel to their base in Romania with the promise of romantic relationships, before using violence and threats to manipulate them into creating porn.The Tate brothers, who have…
Russian Daniil Medvedev was disqualified from his China Open semifinal clash with Novak Djokovic after hitting a rebounding ball into the crowd, striking a spectator in the eye.World number five Medvedev was trailing 7-5 5-3 on Monday and had lost a point when he hit the ball coming off the wall.The spectator, who was sitting in the first row, clutched his left eye and appeared to be in pain as he walked out of the gallery, assisted by stadium staff.”I was shocked, to be honest… I hope that person is not badly injured,” said sixth seed Djokovic, who was disqualified…
Mynt launches $844 million Philippine IPO as GCash enables real-time share allocation via GStocks PH, with shares priced at 6.60 pesos and trading set for Oct 20MANILA/HONG KONG: Philippine fintech firm Mynt began a 53 billion Philippine peso ($844.3 million) initial public offering on Tuesday, offering GCash users the chance to buy shares directly through its app for as little as 660 pesos, the company said in a statement.If a greenshoe option is exercised, it could become the largest-ever IPO in the Philippines.Mynt, the parent of digital wallet GCash, set the offer price at 6.60 pesos per share. The sale…
The court found the lower ruling wrongly applied conventional loan calculation rules to an Islamic lease-to-own contract, failing to address the bank’s defence that actual payments were Dh241,000, not Dh1.1 million Abu Dhabi: The Federal Supreme Court upheld a bank’s appeal against an appellate ruling regarding the calculation of a debt owed by a client amounting to Dh5.786 million, deciding to overturn the ruling and refer the case back to the Court of Appeal for reconsideration. The court stated in its reasoning that the appealed ruling excluded the result of the first final expert report, even though it settled the…
Job satisfaction at 92%, parent appreciation at 91.7% and 81% say professional development positively impacts their teaching. Discover the UAE’s education data on World Teachers’ Day Dubai: Data from the Education GPS platform, affiliated with the Organisation for Economic Co-operation and Development (OECD), based on the results of the International Teaching and Learning Survey (TALIS), revealed that the UAE ranked first in the Arab world and fourth internationally among 55 education systems in the community appreciation index for the teaching profession. Around 78.4% of teachers in the country reported that their profession is appreciated in society, while Saudi Arabia recorded…
ABU DHABI, 5th October, 2026 (WAM) — The UAE Financial Intelligence Unit (UAE FIU) and the Virtual Assets Regulatory Authority (VARA) have signed a Memorandum of Understanding (MoU) to enhance the exchange of information and expertise and strengthen joint coordination in combating financial crime involving virtual assets, supporting national efforts to protect the integrity of the UAE’s financial system. The MoU was signed by Ali Faisal Ba’Alawi, Chief of the UAE Financial Intelligence Unit, and Matthew White, Chief Executive Officer of VARA. The MoU provides a framework to strengthen coordination and the exchange of relevant expertise and financial intelligence between…
Convective clouds are forming, bringing showers to the eastern coast and inland areas, while humidity builds to 90% overnight along the western coast Dubai: Time to get your umbrellas out. If you’re living in the internal areas of the UAE, such as Al Ain, or along its eastern coast, in Kalba or Fujairah, be prepared for rain. Today, the National Centre of Meteorology (NCM) forecasts fair to partly cloudy weather, with a probability of some convective cloud formation by afternoon, associated with rainfall eastward and southward. This means eastern regions like Fujairah, all the way south to Al Ain, may…
Sharjah’s rental market is seeing broad-based growth across apartments and villas, with rents rising across the emirate’s most searched communities, according to new data from Bayut.All the top 15 most searched apartment rental areas recorded year-on-year increases in average rents in 2026. The same trend was seen across the top 15 villa rental locations, highlighting sustained demand across a wide range of communities.Muwaileh Commercial remained the most searched apartment rental area, with average annual asking rents reaching Dh40,800, up 8.2 per cent from Dh37,709 in 2025.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Al Majaz ranked…
Seven years after its original release, Avengers: Endgame is back at the top of the global box office.The 2019 Marvel blockbuster has reclaimed its title as the highest grossing film of all time following the release of Avengers Endgame: Encore, overtaking James Cameron’s Avatar once again.Endgame has now earned around $2.9255 billion worldwide, narrowly passing Avatar at around $2.9237 billion.The difference may be small, but it comes after audiences returned to cinemas for a film first released in 2019.Avengers Endgame: Encore arrived in cinemas on September 25, seven years after the original film became one of Marvel’s biggest releases.The re-release opened with $86 million worldwide, including $26 million in…