Author: Editorial team

DUBAI, 4th August, 2026 (WAM) — Meraas, a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group (L.L.C) for commencement of groundworks at Nourelle, marking the next phase in the delivery of the premium residential development within Madinat Jumeirah Living. The contract covers site preparation, as well as the design and construction of shoring and piling works for the development’s initial phase. The award marks another important milestone in the delivery of Nourelle, reinforcing Meraas’ continued progress across Madinat Jumeirah Living and its broader residential development programme. Located moments from Jumeirah Beach, Nourelle offers convenient…

Emirates NBD’s ENBD X app gives UAE investors a cost-effective digital route to explore international equitiesPublished: Tue 4 Aug 2026, 5:14 PM Global investing is no longer defined by distance. A company may be headquartered in New York, listed in London or expanding across Asia, yet its performance can influence investors around the world within hours. For UAE investors, this growing interconnectedness has made international equities & ETFs an increasingly relevant part of the investment conversation.Access alone, however, is not enough. Investors also need a convenient way to enter global markets while keeping transaction costs in view. ENBD X addresses…

Spider-Man: Brand New Day has achieved one of the most remarkable box office feats of the year, earning in its opening weekend what Christopher Nolan’s The Odyssey took two weeks to achieve worldwide.By the end of its opening weekend, Spider-Man: Brand New Day had overtaken The Odyssey at the worldwide box office.While The Odyssey spent two weeks building its global total to approximately $911 million, Spider-Man matched and surpassed that figure during its opening weekend with approximately $927 million worldwide.Stay up to date with the latest news. Follow KT on WhatsApp channels.Today, the gap widened further. Spider-Man: Brand New Day climbed to approximately $932 million worldwide, while The Odyssey reached approximately $912 million, meaning Marvel’s latest blockbuster had surpassed Nolan’s…

The crisis triggered by Fifa President Gianni Infantino’s abandoned proposal to sell off a stake in the World Cup deepened on Tuesday with influential executives publicly distancing themselves from the project while scrambling to contain the damage. After three days of unprecedented civil war in the world of soccer administration last week, Infantino backed away from his plan to raise $4.2 billion from a new commercial rights body late on Friday night.The 56-year-old apologised for how the proposal, which would have brought private investment into the World Cup for the first time, had divided the game, but his once unassailable…

Kaspersky Global Research and Analysis Team (GReAT) revealed insights about the new OkoBot campaign targeting cryptocurrency users. The new sophisticated framework employs TookPS to exfiltrate seed phrases and uses a new OkoSpyware module to monitor Chromium-based browsers and deploy various malware strains, including the Rilide stealer. It has already targeted hundreds of victims across over 25 countries, with the highest number of affected end users recorded in Brazil, Vietnam, Canada, Mexico and Turkiye. According to Kaspersky experts, the threat remains active and primarily poses a risk to cryptocurrency users. In January 2026, experts from the Kaspersky Global Research and Analysis…

Brent falls below $81 a barrel after US officials signal progress in negotiations that could reopen the Strait of HormuzLondon/Washington: Oil prices fell about 4% on Tuesday after renewed diplomatic signals from the United States and Qatar raised hopes that an agreement could soon be reached with Iran to reopen the Strait of Hormuz and ease disruptions to global energy supplies.US Treasury Secretary Scott Bessent said a deal with Iran could be reached as early as Tuesday or Wednesday.”We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow…

SHARJAH, 4th August, 2026 (WAM) — H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Research, Technology and Innovation Park (SPARK) and President of the American University of Sharjah (AUS), has formally accepted patronage of the Magdi Yacoub Institute, marking a new chapter in the growing collaboration between Sharjah and this world-leading centre for cardiovascular research. Bestowed during a visit to the Magdi Yacoub Institute Heart Science Centre in Harefield, United Kingdom, the patronage reflects a mutual commitment to advancing scientific discovery, regenerative cardiac medicine and international research collaboration. It also reinforces Sharjah’s growing role in supporting global…

SHARJAH, 4th August, 2026 (WAM) — The Sharjah Supplementary Grants Committee for Retirees has approved 34 new applications for supplementary grants at its latest meeting. The meeting was chaired by Abdullah Ibrahim Al Zaabi, Member of the Executive Council of the Emirate of Sharjah, Chairman of the Sharjah Department of Human Resources (SDHR), and Chairman of the Committee, and attended by the Committee members. The committee reviewed mechanisms to enhance social support programmes and discussed the latest developments on supplementary grants for retirees. Members approved 34 new applications that met the eligibility criteria for supplementary grants, with the newly approved…

ABU DHABI, 4th August, 2026 (WAM) — UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received the team behind the UAE Pavilion at Expo 2025 Osaka in Japan. During the meeting, His Highness spoke with the delegation about their experiences and the valuable insights they gained through their participation in the international exhibition. He commended the efforts of all those who contributed to the success of the UAE’s participation, praising their role in showcasing the country’s inspiring success story to the world and helping build connections and ambitious partnerships that support its future aspirations. His Highness also congratulated…

New lane and U-turns introduced to improve traffic flow and ease movement between key roads in Dubai According to the RTA, the works included the addition of a new lane along the service road across two key sections with a combined length of 1,000 metres. Picture: X, RTA Dubai: Dubai’s Roads and Transport Authority (RTA) has completed a series of traffic enhancements on Latifa bint Hamdan Street aimed at increasing road capacity and improving traffic flow for motorists in the area. According to the RTA, the works included the addition of a new lane along the service road across two…