Author: Editorial team

DUBAI, 18th March, 2026 (WAM) — Emaar will sponsor the G2 Godolphin Mile, the first Thoroughbred race of the prestigious Dubai World Cup meeting at Meydan Racecourse on Saturday, 28th March. With a prize fund of US$1million, the Godolphin Mile attracts an international line-up of horses and those trained in Japan, the US and the UAE have made it to the Winner’s Circle in recent years. In 2025 it was won by Raging Torrent (pictured), trained by the California-based Doug O’Neill and ridden by Frankie Dettori. One of the world’s most valuable real estate companies, Emaar’s iconic creations include the…

Nvidia‘s CEO Jensen Huang stated AI chip revenue will reach at least $1 trillion by 2027 during his Nvidia GTC 2026 keynote. This number is up from last year’s prediction of $500 billion through this year. The chipmaker chief highlighted the company’s ongoing strategy during his keynote address on the 16th of March. While some industry experts predicted the AI bubble would burst last year, Huang sees even more revenue on the horizon. He stated several times Nvidia is horizontally open in the AI ecosystem but also vertically integrated into it. Huang also stated Nvidia is an algorithm company. “Because…

A housing benefits package worth Dh4.21 billion has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. The package will benefit 2,652 Emirati citizens across the emirate, and was approved under the directives of Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, in his capacity as Ruler of Abu Dhabi. The approved package includes: Housing loans worth to Dh2.1 billion benefiting 1,415 citizens Ready-built housing grants valued at Dh1.82 billion benefiting 914 citizens Residential land grants worth Dh144 million benefiting 185 citizens Exemptions…

When the bell rang, William let out a cry drowned out by the crowd: that night, the Greenlandic teen was boxing for his mother, who killed herself two years ago. Suicide is one of Greenland’s leading causes of premature death and the autonomous Danish territory has one of the highest suicide rates in the world. An “epidemic”, some Greenlanders call it, striking above all teenagers and young adults. Members of the crowd raise their arms and shout their support for the Greenlandic fighters during a boxing match in Nuuk, Greenland, on February 28, 2026. — AFP “Come on, crush him!”…

ABU DHABI, 18th March, 2026 (WAM) — The UAE today announced the launch of Phase 1 of its Research and Development (R&D) Tax Incentives Programme, marking an important step in strengthening the country’s innovation ecosystem and supporting sustainable, long-term economic growth. Under the first phase of the programme, businesses will be able to benefit from a non-refundable R&D tax credit of up to 50% on qualifying expenditure of up to AED5 million. The measure is designed to encourage private-sector investment in research and innovation, while supporting the UAE’s ambition to become a global hub for advanced industries and emerging technologies.…

ABU DHABI, 18th March, 2026 (WAM) — Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED4.21 billion, benefiting 2,652 Emirati citizens across the emirate. The approved package includes housing loans amounting to AED2.1 billion benefiting 1,415 citizens; ready-built housing grants valued at AED1.82 billion benefiting 914 citizens; residential land grants worth AED144 million benefiting 185 citizens; and exemptions…

(L-R) Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia & Alaa Sweidan, General Manager, Taqniyat Saudi Arabia. Alaa Sweidan, General Manager, Taqniyat Saudi Arabia and Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia, highlighted the importance of Cisco‘s Data Centre solutions for the KSA in this exclusive interview. How does Cisco’s Data Centre and Compute portfolio support Saudi Arabia’s digital transformation goals? Sherif: Saudi Arabia’s digital transformation is accelerating rapidly, and modern data centres are a foundational enabler. Cisco’s Data Centre and Cisco Compute portfolio, including Cisco Unified Computing Systems (UCS), provide organisations with a highly scalable, secure, and performance-driven…

[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] The UAE air defence systems engaged 13 ballistic missiles and 27 UAVs launched from Iran on March 18, 2026. Since the onset of the blatant Iranian aggression, UAE air defences have engaged 327 ballistic missiles, 15 cruise missiles and 1,699 UAVs. These attacks have resulted in the martyrdom of two members of the armed forces while performing their national duty, as well as six fatalities of Pakistani, Nepali, Bangladeshi and Palestinian nationalities. A total of 158 people were also injured, with injuries ranging from minor to moderate…

Through food boxes, iftar meals and volunteering, Starbucks worked with Emirates Red Crescent to turn Ramadan giving into tangible support for families across the UAE Published: Wed 18 Mar 2026, 4:31 PM Starbucks, operated by Alshaya Group, partnered with Emirates Red Crescent this Ramadan to translate giving into tangible support for families and communities across the UAE through food assistance and volunteer participation. The programme supported food boxes distributed to 400 families registered with Emirates Red Crescent. “Ramadan is a moment that calls for action, not statements,” said Saleh Alshaya, President, Starbucks at Alshaya Group. “Across our markets, we work…

DUBAI, 18th March, 2026 (WAM) — Most rated insurers in the Gulf Cooperation Council (GCC) are expected to remain broadly stable in the short-to-medium term, S&P Global Ratings said on Wednesday. “This is thanks to robust earnings generation in recent years, which has contributed to a significant buildup of capital buffers,” the S&P said in a report. The report highlighted that GCC insurers have sufficiently robust capital buffers to absorb a potential increase in capital market volatility and any claims related to the war in the Middle East, as these are either heavily reinsured or subject to exclusion clauses. “Regional…