Author: Editorial team
Trees, waterfalls, and a mountain landscape are all part of the new 51,200-square-metre project Sharjah: His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the plan for Al Freish Lake in the city of Kalba, covering an area of approximately 51,200 square metres, with a storage capacity of up to 28 million gallons of water, in addition to 200 parking spaces to serve visitors. His Highness said, “We are working to complete Al Freish Lake project behind Al Marsh Square, which is approximately 750 metres long. It will be a pleasant…
Gold prices is expected to trade broadly within a $4,000 to $4,500 range over the next three to four months, according to a cross-section of market strategists, as the precious metal contends with conflicting pressures from a stronger US dollar, elevated bond yields and lingering geopolitical risk.The precious metal was trading at $4,316 per ounce on Monday afternoon, down 0.68 per cent.In the UAE, according to Dubai Jewllery Group data, 24K, 22K and 21K gold prices were trading at Dh520.0, Dh481.5, Dh461.75 and Dh395.75 per gram, respectively.Ross Maxwell, chief strategy officer at VT Markets, said gold is being pulled in…
A letter from Fifa President Gianni Infantino this week to all 211 members, offering to discuss reforms within world soccer’s governing body, amid an ongoing crisis over his failed plan to sell a stake in the World Cup, is a mere ploy to get himself re-elected, Germany’s Football Association (DFB) President Bernd Neuendorf said on Tuesday.In Monday’s letter seen by Reuters, Infantino proposed an independent review of Fifa’s decision-making process, in a move that could help him regain support after the withdrawal of his controversial private investment plan.Striking a conciliatory tone, he also said he would propose consultations with confederations,…
BRUSSELS, 22nd September, 2026 (WAM) – In August 2026, the price of fuels and lubricants for personal transport in the EU increased by 23.8 percent compared with August 2025. This followed year-on-year increases of 13.7 percent in June and 16.9 percent in July, according to Eurostat. In 26 of the 27 EU countries, fuels and lubricants prices were higher in August 2026 compared with August 2025. Eighteen EU countries recorded price increases higher than 20 percent. The highest increases were recorded in Bulgaria (+34.5%), Lithuania (+28.8%), Finland (+27.6%), Germany (+27.5%) and France (+27.4%). The lowest increases were recorded in Hungary…
Three collective labour cases totalling Dh12.3 million in claims were settled through joint efforts between the Abu Dhabi Labour Court and MOHRE, with full or partial payment made to all workers involved Abu Dhabi: The Abu Dhabi Labour Court was able to collect a total amount of Dh7.8 million for the benefit of 948 workers, after settling three collective cases in record time, with high efficiency and flexibility. The decision ensured the protection of financial entitlements and enhanced job stability for workers, reflecting the strength of the judicial system in the emirate of Abu Dhabi and its ability to deal…
The UAE Cyber Security Council (CSC) and Fortinet, the global cybersecurity leader driving the convergence of networking and security, have announced the launch of a new cybersecurity internship program designed to help develop the next generation of Emirati cybersecurity professionals. The program combines structured cybersecurity training with hands-on experience, mentorship, and exposure to real-world security environments. The initiative marks a significant milestone in the ongoing collaboration between the UAE Cyber Security Council and Fortinet following the signing of a Memorandum of Understanding (MoU) earlier this year. The MoU outlined plans to collaborate on advancing national cybersecurity capabilities, supporting cybersecurity skills…
Condolences were offered by a number of sheikhs, senior officials and dignitaries of the country, leaders and officers of Dubai Police, and crowds of citizens and residents Dubai: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, received condolences at the Zaabeel Majlis in Dubai on Tuesday, upon the passing of the Sheikh Ahmed bin Rashid Al Maktoum, who died on Monday morning. Also receiving condolences alongside His Highness were His Highness Sheikh Maktoum bin Mohammed bin…
Alibaba Group said on Tuesday it was developing an AI model up to four times larger than the company’s flagship model and unveiled a next-generation AI chip it called China’s most powerful, sending shares up 5%.The launch comes as Chinese technology companies race to develop domestic alternatives to Nvidia’s AI processors amid tightening US export curbs.The announcements at Alibaba Cloud’s annual Apsara conference in the eastern city of Hangzhou underscore the Chinese technology giant’s push to build out every layer of its AI business.These efforts range from foundation models and semiconductors to data centres needed to train and deploy increasingly…
Will Jacks took a career best 5-22 and scored an unbeaten 46 to guide England to an 89-run victory over Sri Lanka in the first One Day International at Chester-le-Street on Tuesday.After electing to bat, England posted 265 all out in 48.1 overs, before Sri Lanka limped their way to 176 all out in 37 overs in reply as the home side continued their good recent run in the format ahead of next year’s Cricket World Cup in South Africa, Zimbabwe and Namibia.England have won five of their last six ODI fixtures, a run that also includes two victories over…
The target Dh50 million issuance will be open for subscription from 23 to 28 September 2026 through approved digital channelsDubai: The Ministry of Finance has announced the pricing and opening of subscriptions for the second issuance under the Sovereign Retail T-Sukuk Programme, featuring a five-year tenor.The target Dh50 million issuance will be open for subscription from 23 to 28 September 2026 through approved digital channels. The offering provides retail investors, including UAE nationals and residents, direct access to a Shariah-compliant sovereign investment instrument backed by the UAE Government, with a minimum subscription threshold of Dh1,000.Following allocation, issuance, and settlement, the…