Author: Editorial team

The mercury is sliding down across the UAE today, but rising humidity overnight means fog is likely in Dubai and Abu Dhabi by Tuesday morning Dubai: The UAE is gradually turning the page on summer – the mercury is sliding down to the mid-30s today. But if you’re still perspiring a lot, it’s because relative humidity (RH) has climbed back up to 90% across most major cities. The National Centre of Meteorology (NCM) forecasts fair to partly cloudy weather today, with clouds appearing eastward by afternoon.  Rising humidity However, humidity is expected to build up by nighttime and on Tuesday…

Investors in the UAE and Gulf region are showing strong interest in bonds as the yield on the 10-year US Treasury hits 5 per cent, its highest level since 2007.Trading industry executives said the appetite is global and includes the Gulf.However, amid an uncertain global geopolitical situation, analysts urged investors to diversify and keep some cash in reserve as the US Federal Reserve raises rates and geopolitical tensions lift oil prices.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Wael Makarem, financial markets strategist lead at Exness, said there is significant interest worldwide in bonds yielding 5…

Red Bull’s Max Verstappen won a chaotic rain-hit Bahrain Grand Prix in Malaysia on Sunday for his first victory of the season after the race start was delayed by more than 90 minutes due to treacherous conditions at the Sepang International Circuit.Verstappen was the last driver to win in Sepang in 2017 before it was taken off the calendar and the Dutchman, who had also taken pole, gave Red Bull a first victory with their own power unit despite an early setback when he lost the lead before turn one.”It’s a really nice one after the year that we’ve had…

UAE property developers are looking at opportunities along the newly announced 80km Fourth Corridor, a highway connecting Sharjah, Dubai and Abu Dhabi, as demand for residential units continues across the country, driven by an inflow of new residents and a rising population of citizens.Developers say the road will make previously less convenient locations more attractive to residents, businesses and investors, and will support new residential and commercial communities along its route. Announced in September 2026, the project will become the fourth strategic road axis linking the UAE’s emirates, after Sheikh Zayed Road/Al Ittihad Road, Sheikh Mohammed bin Zayed Road and…

UAE supporters have provided an early taste of Gulf Cup final fever, snapping up seats on six charter flights to Jeddah in less than 10 minutes as excitement builds for Tuesday’s title clash against Saudi Arabia.The rush began shortly after the UAE Football Association opened registration for fans wishing to travel to the Gulf Cup final, turning what was meant to be a routine booking process into a frantic race for seats.The association had arranged six aircraft to transport supporters to Saudi Arabia after the national team’s qualification for the final, hoping to ensure a strong Emirati presence in the…

DUBAI, 4th October, 2026 (WAM) — Under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, Dubai will host the Concordia Horizon Summit for the first time in the Middle East in May 2027. The gathering will convene government leaders, business executives and decision makers to address global challenges, explore areas of cooperation, and accelerate public-private partnerships. It will be accompanied by the announcement of high-impact economic and development initiatives that position Dubai as an international leader. The summit will ensure that critical topics relevant…

DUBAI, 4th October, 2026 (WAM) — H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE Olympic Committee, praised the UAE athletic contingent’s exceptional performance at the Asian Games Aichi–Nagoya 2026, which witnessed the country’s best-ever showing since its Asian Games debut in 1978. The UAE placed 13th among 45 participating nations in the overall medal standings as the continental sporting showcase concluded in Japan. H.H. said the achievement reflects the determination of UAE athletes to raise the nation’s flag and their burning ambition to strengthen the country’s standing among Asia’s leading sporting nations. Sheikh Mansoor extolled…

Prices have dropped by up to Dh28.5 per gram over two weeks, prompting increased purchases of gold bars and jewellery across UAEDubai: Gold prices extended their decline for a second consecutive week, with prices falling between Dh10.25 and Dh17.5 per gram across different categories compared with the previous week’s levels, according to price indicators in Dubai and Sharjah.The latest declines mean gold prices have fallen by a total of Dh28.5 per gram over the past two weeks.The price of 24-carat gold dropped to Dh499 per gram, down Dh17.5 from the end of the previous week.Meanwhile, 22-carat gold fell to Dh462…

Ras Al Khaimah’s direct war-related risks have eased since April 2026, Fitch Ratings said, adding that the regional conflict “only set back modestly the planned opening time and raised the cost of a potentially transformational investment project.”The emirate has several development plans underway, including RAK Central by Marjan, Mina Al Arab, a $2.72 billion coastal masterplan, and Al Marjan Island, the artificial archipelago which will feature high-end residential developments, hotels and the region’s first integrated gaming resort.One of its most ambitious projects as of yet, the $5.1 billion Wynn Al Marjan integrated gaming resort, is still undergoing construction despite the…

Novak Djokovic produced a trademark comeback to defeat top seed Alexander Zverev 4-6 6-4 6-4 and reach the China Open semifinals on Sunday, extending his unbeaten record in the tournament.Playing the ATP 500 event in Beijing for the first time since 2015, the six-time champion was pushed to the limit by reigning French Open and US Open champion Zverev, who delivered 19 aces in the match.Meeting for the first time in nearly 16 months, Djokovic struggled to contain the German’s power in the early stages as the 29-year-old Zverev claimed the opening set, but the Serb gradually worked his way…