Author: Editorial team

SHARJAH, 27th September, 2026 (WAM) — Sharjah Islamic Bank (SIB) has successfully issued a US$500 million five-year Sukuk amid strong investor demand. The issuance attracted an order book of US$1.3 billion, representing 2.6 times the issue size. The Sukuk was priced at a final yield of 5.85 percent, equivalent to a spread of 105 bps over five-year US Treasuries, marking SIB’s thirteenth Sukuk issuance since it entered the capital markets in 2006, reaffirming its continued presence in international Sukuk markets and its experience in executing successful issuances across different market cycles. Mohamed Abdalla, CEO of Sharjah Islamic Bank, said the…

Critical infrastructure organisations across the Middle East face an expanding cyber-physical attack surface as IT, operational technology (OT) and Internet of Things (IoT) environments become increasingly connected. Greater integration supports digital transformation and smart infrastructure projects, but also exposes legacy systems and operational networks to advanced, AI-enabled threats. Bachir Moussa, Vice President of Sales for EMEA South at Nozomi Networks, discusses the shift from conventional incident response to continuous cyber risk management. He explains why comprehensive visibility is essential, how AI can strengthen anomaly detection and risk prioritisation, and what organisations must do to protect connected operational environments from disruption.…

Dubai, Sharjah and Abu Dhabi see humidity fall to 85% as daytime temperatures dip to the high-30s, but the NCM warns of fog overnight and possible scattered rain in Fujairah Dubai: Good news – winter is coming! The mercury is dipping to the high-30s today across major cities in the UAE, and humidity, while still high, is also seeing a slight decline across the country.   The National Centre of Meteorology (NCM) forecasts fair weather today, with partly cloudy skies. The eastern region of the country may see scattered rain due to the appearance of convective clouds by this afternoon.…

It’s high time for UAE residents planning to travel to popular tourist destinations during the five-day UAE National Day holiday to book their flights, as airfares could nearly double due to strong demand and high oil prices.According to travel industry executives, smart travellers have already secured deals and made bookings to take advantage of affordable hotel rates and airfares, which have been trending higher due to high oil prices over the past six months.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Some UAE employees will have a five-day break, from Wednesday, December 2, 2026, to Sunday,…

The stage is set for the third round of the Ultimate Golf Challenge Season 3. The popular corporate golf league will return on October 6 as 10 teams vie for glory at Dubai Creek Golf & Yacht Club.The leading amateur golfers will renew their rivalry after competing in two dramatic rounds at Saadiyat Golf Club and Jumeirah Golf Estates.With just two more rounds remaining, each one of them will be determined to raise their level.Last year’s champions Noble Legacy Masters are in red-hot form once again, leading the current championship with 391 points.But the leaders are unlikely to drop their…

NEW YORK, 27th September, 2026 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, concluded a series of high-level engagements on the sidelines of the United Nations General Assembly (UNGA) in New York, reinforcing the UAE’s position as a trusted global partner for trade, investment and economic cooperation. Across the week, Al Zeyoudi participated in ministerial meetings, investor roundtables, and business council engagements focused on expanding trade and investment flows, supporting sustainable development, advancing digital innovation and strengthening economic ties with partners around the world. Commenting on the UAE’s participation, Al Zeyoudi said, “The UAE’s active participation…

Mario M. Veljovic, General Manager of VAD Technologies, reflects on GISEC Global 2026 and explains why industry specialisation, continuous learning and locally focused technology events will shape cybersecurity progress across the region How would you assess GISEC Global 2026 on day two, and what are your impressions of the new venue? We are delighted to participate at GISEC Global 2026 alongside our partner Nextcloud. This is the first time VAD Technologies has exhibited at the event with one of its partners, making it an important milestone for us. The new venue has created a more focused environment. Day two has…

Data centre operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the matter, even as higher interest rates and setbacks elsewhere in the data centre ecosystem threaten to narrow the window for companies to tap the IPO market.The Singapore-based company develops and operates data centres for cloud and AI customers. It plans to make its filing with the US Securities and Exchange Commission public in mid-October and list in November, the people said, speaking anonymously to discuss confidential matters. The plans, including the timing of the IPO, are…

Another night of football saw another performance of top quality from the UAE as the Whites stormed into the Gulf Cup semifinals with a thumping 3-0 win over defending champions Bahrain.After Ousmane scored the first goal in the 30th minute, the UAE dominated the Group B match with their midfield superiority at Prince Abdullah Al-Faisal Sports City Stadium, Jeddah, on Sunday.Guilherme (66th minute) and Ali Saleh (88th minute) then found the back of the net in the second half as Bahrain struggled to cope with the UAE’s passing range and interplay in the final third.Having won their first game 4-0…

BRUSSELS, 27th September, 2026 (WAM) — The number of fatal accidents at work in the European Union reached 3,367 in 2024, an increase of 1.4 percent, or 45 additional deaths, compared with 2023. By contrast, the number of non-fatal accidents at work fell to around 2.78 million, down 1.5 percent, or 43,742 fewer accidents than in the previous year. Eurostat, the statistical office of the European Union, said the construction sector recorded the highest number of fatal accidents at work in 2024, with 776 deaths, compared with 802 in 2023. It was followed by transport and storage with 537 deaths…