Author: Editorial team

Real Madrid clinched the Euroleague Basketball SuperCup, beating Olympiacos Piraeus 93-89 in the final at Etihad Arena, Yas Island, in Abu Dhabi on Saturday.Meanwhile, Fenerbahce Tarfin Istanbul won the bronze medal by beating Dubai Basketball in the third-place playoff.In what was the first-ever Euroleague Basketball SuperCup, Spanish giants Real Madrid vied for glory with Olympiacos Piraeus, Fenerbahce Tarfin Istanbul and Dubai Basketball, the first professional basketball team from the UAE.On Friday, the tournament began with Olympiacos Piraeus facing Fenerbahce Tarfin Istanbul and Dubai Basketball taking on Real Madrid.The event also drew a host of celebrities, including former Real Madrid and…

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The Gulf’s Islamic banks are expected to continue outperforming their conventional peers despite a tougher operating environment marked by geopolitical tensions, slower economic growth and higher funding costs, according to a new report by Moody’s Ratings – GCC Islamic banks set to outperform conventional peers despite tougher conditions.Moody’s said the structural strengths that have powered the rise of Islamic finance across the Gulf will remain largely intact, allowing Islamic lenders to post stronger credit metrics, higher profitability and faster financing growth than conventional banks.“We expect Islamic banks to continue expanding faster, supported by solid demand for Shariah-compliant finance, while higher…

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South Korea broke Japanese hearts on Sunday when they took Asian Games men’s basketball gold with a 67-57 triumph in the final in Nagoya.Lee Hyun-jun top-scored for the Koreans with 27 points, including five three-pointers, in a scrappy victory helped by some wayward Japan shooting.”I’m unbelievably happy,” Lee said. “More than anything I’m extremely grateful to my teammates.”There was a raucous atmosphere at a packed IG Arena where every Japan score threatened to raise the roof and every South Korean free-throw attempt was barracked, despite a good contingent of away fans.”We could hear the voices of the fans who came…

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UAE

As residents prepare for a new working week and children head back to school, the UAE is set to experience fair to partly cloudy weather on Monday, September 21, 2026, according to the National Centre of Meteorology (NCM). Clouds are expected to develop over eastern areas and could become convective in the afternoon. Expect humid conditions by night and during the morning hours on Tuesday over some coastal and internal areas with a chance of fog or mist formation. Temperatures nationwide will range between 25°C and 45°C. In Dubai, the highest temperature is 43°C and the lowest is 29°C, while…

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The writer is Group Chief Investment Officer, Wealth Management at Emirates NBD2026 has been tumultuous, volatile, but overall positive for diversified portfolios. Recent weeks, however, have been adverse, with both energy prices and interest rates under pressure. Is this a buying opportunity, or the beginning of something more sinister?Hostilities have resumed in our region, and energy prices threaten both growth and inflation. Brent above $100 is serious, but Shanghai crude futures 20 per cent above their March peak, which is even more concerning. Worse yet is the diesel situation: refining costs over $100 per barrel, almost four times the historical…

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Michael Carrick insisted that there were positive signs from Manchester United’s 1-1 draw at Fulham after Matheus Cunha saved his side from a third successive defeat on Sunday.Carrick’s men were moments away from a fourth loss in their turbulent start to the season when Cunha’s deflected effort spared their blushes.United had fallen behind to a farcical own goal from Lisandro Martinez, whose miscued clearance deflected into his own net in the 63rd minute.With just one win from their five Premier League games, United head into the international break in disarray.Their lack of drive and desire at Craven Cottage was especially…

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LONDON, 20th September, 2026 (WAM) — Manchester City moved three points clear at the top of the Premier League after beating Sunderland 5-3 at the Etihad Stadium on Sunday in Matchweek 5. The victory took City to 15 points, three ahead of second-placed Arsenal, who suffered a 3-0 defeat to Brighton and Hove Albion on Saturday. Elsewhere in the same round, Liverpool defeated Bournemouth 1-0, while Leeds United and Crystal Palace played out a goalless draw. Source: Emirates News Agency

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UAE

Defendant sentenced in absentia to one month in prison after being convicted of two traffic-related offences. Dubai: A Dubai Traffic Court has sentenced a defendant in absentia to one month in prison after convicting him of driving a vehicle without a valid driving licence and using the vehicle without the knowledge or consent of its owner. According to court records, the case dates back to an incident that took place late last year within the jurisdiction of Bur Dubai Police Station. The Public Prosecution charged the 35-year-old defendant with two offences: driving a vehicle without a licence authorising him to…

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