Author: Editorial team
BRUSSELS, 1st September, 2026 (WAM) — Europe is on track for a record year in wind power installations after adding 8.8 gigawatts (GW) of new capacity in the first half of 2026, up 30 percent from the same period in 2025, according to WindEurope. The new turbines can generate enough electricity to power around 7 million European households and replace fossil fuel imports equivalent to 25 liquefied natural gas (LNG) tankers a year. Germany led the expansion, accounting for 3.4 GW, or around 40 percent of the new capacity. More than 500 wind turbines were commissioned in the country, including…
Damac Properties has handed over more than 50,000 homes and is targeting the delivery of over 8,800 additional residential units in 2026, as the Dubai developer accelerates construction across a pipeline of more than 55,000 homes. The company awarded more than Dh10 billion worth of construction contracts during the first half of 2026, supporting deliveries across Damac Lagoons, Damac Hills, Damac Hills 2, Chic Tower and Elegance Tower. Stay up to date with the latest news. Follow KT on WhatsApp Channels.The expansion comes as the number of homes being completed across Dubai continues to rise. Nearly 25,000 new homes were…
Charles Spencer has shared a tribute to his sister Princess Diana, marking 29 years since her death with photos of the flag flying at half mast over Althorp House.The 62 year old Earl Spencer shared the photos on Instagram from the Northamptonshire estate, which was Diana’s childhood home and is also her final resting place.“31 August. My least favourite day,” he captioned the post.Diana died on August 31, 1997, following a car crash in Paris. She was 36 years old.Althorp House holds particular significance for the Spencer family. Diana spent part of her childhood at the estate and was later…
Pakistan have ditched head coach Sarfaraz Ahmed and sent several squad members back home in a dramatic response to successive Test thrashings by England, officials announced Monday.The tourists suffered an innings and 103-run loss in the series opener at Headingley before going down by 194 runs at Lord’s on Sunday as England took an unbeatable 2-0 lead in the three-match campaign.The team has been labelled one of the country’s worst sides in decades and the Pakistan Cricket Board has now decided drastic action is required ahead of next month’s third Test at Edgbaston, bringing in white-ball coach Mike Hesson to…
The world has James Bond. It has Ethan Hunt. Now, South Asia’s legendary detective is stepping into the global spotlight. IJ: The Secret Parchment brings Ishtiaq Ahmed’s iconic Inspector Jamshed to life in a sweeping UAE-filmed thriller where ancient secrets, deadly conspiracies and a race against time collide. Fans of action-packed franchises such as James Bond 007 and Mission Impossible may have a new title to add to their watchlists. But unlike its Hollywood counterparts, IJ: The Secret Parchment draws from South Asia’s rich literary heritage, adapting one of Pakistani fiction’s most enduring detectives for a global audience. Released on…
Huawei has reaffirmed its commitment to Saudi Arabia at LEAP 2026, outlining a clear value proposition to drive industry value through full-stack AI capabilities, establishing a sustainable foundation for the Kingdom’s long-term AI development, supporting Saudi Arabia’s Vision 2030. Saudi Arabia’s ICT market has reached US$53 billion, growing 89.5% since 2017. The digital economy now contributes 16% of GDP, while 5G coverage has reached 86%, positioning the Kingdom to move from a strong digital foundation toward the next stage of AI-driven growth. This transition requires more than AI applications — it calls for full-stack capabilities spanning connectivity, compute, cloud, and…
Packages start from under Dh1,700 per person, but baggage fees, seat selection and cancellation terms can change the total price significantly. Dubai: National carriers and travel agencies have launched discounted tourist packages, coinciding with the end of the peak summer travel season, including airfare, hotel accommodation and other services to a number of tourist destinations, with prices starting from less than Dh1,700 per person. Most of the packages offered focus on accommodation in mid-range hotels of three and four stars, while offers for some beach destinations include accommodation options in luxury hotels and resorts. All packages extend for three nights,…
OpenAI has hired roughly 400 employees from Apple for its hardware initiative, the two companies have written in court filings.SAN FRANCISCO: OpenAI denied Apple’s allegations of trade secret theft on Monday, saying the iPhone maker failed to show any confidential information was stolen by former employees.”This dispute is a mess of Apple’s own making, and it is trying to blame everyone else,” OpenAI said in a filing late Monday in U.S. District Court in San Jose, California.Apple sued OpenAI and former Apple employees Tang Tan and Chang Liu in July, accusing them of misappropriating trade secrets related to hardware design,…
SEOUL, 1st September, 2026 (WAM) — The Republic of Korea’s exports surged 68.7 percent in August from a year earlier, buoyed by strong semiconductor shipments, data showed Tuesday. Outbound shipments came to US$98.25 billion in August, Yonhap News Agency reported, citing data from the Ministry of Trade, Industry and Resources. Imports climbed 22.6 percent on-year to $63.51 billion, resulting in a trade surplus of $34.75 billion. By sector, semiconductor exports, a key pillar of Asia’s fourth-largest economy, soared 209 percent during the period to $46.65 billion, as major technology companies known as hyperscalers stepped up spending on artificial intelligence (AI)…
Shares in online fast-fashion retailer Shein dropped 4% in their first day of Hong Kong trade on Tuesday, as investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.Known globally for selling $5 tops and $10 dresses, Shein has been humbled by tariff and duty changes in the U.S. and Europe that have contributed to a dramatic decline in valuation for the company.Founded in China in 2012 and headquartered in Singapore since late 2021, Shein spent years touting its credentials as a global company before re-embracing its Chinese roots to list in…