Author: Editorial team

The group expands infrastructure, ports and supply chain capabilities while revenue from the region grows to AED30.5 billionDubai: DP World invested approximately AED4 billion (US$1.1 billion) across the Middle East, Europe and Africa during the first half of the year, as the group continued to expand its logistics infrastructure, ports and supply chain operations.According to a document, the investments were aimed at expanding operational capabilities and developing infrastructure across key markets in the region.The group’s operations in the Middle East, Europe and Africa recorded 7.9 per cent revenue growth, reaching approximately AED30.5 billion (US$8.3 billion). On a like-for-like basis, revenue…

OPEC+ kept ​its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to agree new quotas before deciding its next output steps.The meeting of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — comes as the Iran war continues to ​disrupt oil exports through the Strait of Hormuz, limiting OPEC+’s influence over prices and market ​share.In August, OPEC+ agreed its production boost for September, completing a phased rollback of a 1.65 million-barrel-per-day supply cut first agreed in 2023. Despite the agreed production…

Formula One leader Kimi Antonelli won his home Italian Grand Prix after a sensational race from 19th to first on Sunday in a massive blow for Mercedes teammate and closest championship rival George Russell.The 20-year-old was the first Italian winner at Monza since Ludovico Scarfiotti for Ferrari in 1966.Russell, who had led a re-start after Ferrari’s Charles Leclerc crashed heavily at the end of lap two, finished second — 3.857 seconds behind — after being hunted down by a teammate on fresher tyres late in the race with Max Verstappen a distant third for Red Bull.The Briton had hoped to…

Nintex, a global leader in process management and workflow automation, recently reaffirmed its commitment to building a long-term partner ecosystem in Saudi Arabia, as the Kingdom’s Year of Artificial Intelligence drives growing demand for automation and orchestration across regulated industries. The announcement comes as Saudi Arabia’s Council of Ministers has declared 2026 the Year of Artificial Intelligence, backed by a national AI investment pipeline exceeding $100 billion. The Kingdom has built a full sovereign AI stack, from national compute and data infrastructure through to homegrown models such as HUMAIN’s Arabic first ALLaM, giving organisations across government and enterprise the tools…

Officers visit schools across the emirate to promote safety, strengthen community ties and engage directly with students Dubai: Dubai Police have launched a series of school visits across the emirate as part of the School Security initiative, engaging directly with students at the start of the 2026-2027 academic year. Directors of Dubai Police stations and their deputies visited a number of schools serving Arab and international communities, providing students with an opportunity to interact with police officers and learn more about safety, responsibility and the role of law enforcement in the community. The visits focused on building trust and strengthening…

From lifestyle inflation to mounting debt, these common financial habits are leaving even six-figure earners struggling to stay aheadDubai: Earning a six-figure salary may appear to guarantee financial security, but recent surveys suggest that many high-income earners are still struggling to stay financially afloat.A survey by Harris Poll found that around one-third of Americans earning more than $100,000 a year describe themselves as experiencing financial hardship. Nearly two-thirds said a six-figure income no longer feels like wealth and is closer to a “survival” income.The survey also found that 75 per cent of respondents had recently relied on credit cards after…

Now it has clinched a stock market listing after years of false starts, Shein is working to convince investors that it is more than a fast fashion fad.Armed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-driven phase as it seeks to recover from stalled sales growth.Shein confirmed in its prospectus its plan to buy U.S. brand Everlane for $80 million in a step to becoming a platform, not just for its own brands, but for brands it has acquired and plugged into its high-speed supply…

Arsenal passed their biggest test so far in the defence of their Premier League title in style as they hit back from conceding inside two minutes to beat Chelsea 2-1 with captain Martin Odegaard scoring the winner on Sunday.Morgan Rogers volleyed the visitors ahead after 77 seconds but Arsenal’s response was emphatic with Kai Havertz equalising after 25 minutes and Odegaard finishing off a flowing move shortly after the break.Chelsea were always a threat in an absorbing, high-octane duel and substitute Estevao was denied a late equaliser by a superb save from David Raya.Victory left Arsenal level at the top…

LONDON-VALENCIA, , 6th September, 2026 (WAM) — Barcelona produced a dominant La Liga display on Sunday, cruising to a 5-0 victory over Valencia to maintain their strong early-season momentum at the top of the table. In the Premier League, Arsenal maintained their flawless start to the season with a 2-1 win over Chelsea at the Emirates Stadium. Chelsea took an early lead before Arsenal rallied with two unanswered goals to move to nine points alongside Manchester City at the summit, leaving Chelsea on six. Meanwhile, Everton secured a 2-2 draw against Manchester United at the Hill Dickinson Stadium courtesy of…

(L-R) Eng. Amjad Arab, Chief Carrier and Wholesale Officer at Salam & Eng. Mohammed Al-Jadah, Chief Strategic Planning and Development Officer at WTCO. Etihad Salam Telecom Company (Salam), a leading provider of telecommunications services and digital infrastructure & solutions in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with Water Transmission Company (WTCO) to explore opportunities for collaboration in connectivity services and support the development of advanced digital infrastructure across the Kingdom.   The partnership was announced at LEAP 2026, where Salam is participating as a strategic sponsor under the theme, “Powering what’s next”.  The MoU establishes a framework for both companies to explore potential business opportunities…