Author: Editorial team

(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…

Abrupt departures from some of India’s top private banks in recent months have exposed a need for better succession planning, prompting investors to question how likely such lenders are to stick with long-term business strategies.India’s $3.3-trillion banking sector has drawn strong interest in recent years from foreign investors betting on its earnings prospects in one of the world’s fastest growing economies, marked by steady management and business strategies.The recent unexpected exits of CEOs from two of the largest private sector banks is set to test that confidence, even as those lenders boast of strong balance sheets, with bad loans near…

Harshitha Samarawickrama produced one of the finest knocks under pressure to guide Sri Lanka to a thrilling four-wicket win over Bangladesh at Dubai International Stadium as the defending champions earned a place in the semifinals of the 2026 T20 Women’s Asia Cup on Sunday.Chasing 115 for victory in the Group B encounter, the Sri Lankans were struggling at 44 for five in the 10th over.Number five batter Samarawickrama (48 not out off 37 balls, 4 fours, 2 sixes), who walked in at 29 for three, remained solid, absorbing the pressure from the Bangladesh bowlers on a slow wicket.The 28-year-old left-hander…

The forum will join the largest edition of the Arab Media Summit to date, bringing international perspectives to discussions on the future of the media industry Dubai: The Arab Media Summit 2026 will host the Euronews Forum for the first time outside Europe, with the event set to take place on the second day of the summit. Scheduled to run from 15 to 17 September 2026, the Arab Media Summit will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the…

Amundi, Fidelity and Pictet are among investors increasing exposure to gold despite expectations of higher US interest ratesDubai: Some of the world’s largest asset managers are rebuilding their gold positions following the recent price decline, betting that the long-term case for the precious metal remains intact despite growing expectations of tighter US monetary policy.Amundi, Europe’s largest asset manager, has increased its gold holdings in anticipation of the metal returning to $5,000 per ounce by the end of the year.Fund managers at Pictet Asset Management, Robeco Institutional Asset Management and Fidelity International have also increased their holdings after reducing positions earlier…

Qatar Airways cancelled four flights between Doha and Jakarta on September 7 due to volcanic ash affecting operations at Soekarno-Hatta International Airport.The affected flights are QR954, QR955, QR956, and QR957, the airline said in a statement on X. Passengers are advised to check their latest flight status before travelling to the airport.”We apologise for any inconvenience caused and appreciate our passengers’ patience and understanding. The safety of our passengers and crew remains our highest priority,” the airline said in a statement.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The cancellations come after Indonesia suspended operations at…

Joheirry Mola of the Dominican Republic has been crowned Miss World 2026 at a glittering finale in Vietnam. In the same ceremony, Spain’s Elisabeth Reynés was named first runner-up, while Malaysia’s Taanusiya Chetty finished as second runner-up.The 24-year-old was crowned on Saturday, September 5, at the 73rd Miss World competition in Nha Trang, Vietnam, succeeding Thailand’s Opal Suchata Chuangsri, who made history as the first Thai contestant to win the title in 2025. But beyond the crown, Joheirry has built a career spanning education, journalism and community work, roles that now form an important part of her journey as Miss…

Alex Eala may have lost a dramatic US Open third-round match against American teen Iva Jovic on Saturday, but the Filipina sensation has earned a new admirer in two-time Grand Slam winner Coco Gauff.Eala, 21, lost the gruelling three-set battle 5-7, 6-3, 5-7 to the 18-year-old Jovic at Arthur Ashe Stadium, one of the most iconic sporting venues, which was named after Arthur Ashe, the first African American male to win Grand Slam singles titles.Gauff, an African American youth icon, acknowledged the incredible impact Eala had made on the sport, having emerged from the Philippines, a country with no history…

Saudi Arabia’s rapid push towards an AI-driven economy is creating growing demand for the compute, storage and networking infrastructure required to move AI from experimentation into practical deployment. With organisations across government, healthcare, financial services and the private sector exploring new use cases, infrastructure decisions are becoming increasingly important to the cost, scalability and long-term value of AI investments. PNY Technologies is positioning its AI infrastructure portfolio around helping organisations identify what they actually need before committing to large-scale investments. Speaking at LEAP 2026, Saqer Alanazi, Business Development Manager – AI at PNY Technologies, highlights the importance of right-sizing AI…

ABU DHABI, 6th September, 2026 (WAM) — The Central Bank of the United Arab Emirates (CBUAE) participated virtually in the sixth meeting of the Preparatory Committee of the Gulf Cooperation Council (GCC) Central Bank Governors’ Committee, held today via videoconference to discuss ways to further enhance financial cooperation among GCC countries. The CBUAE delegation was led by Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability, and included Mohamed Hussain Al Marzooqi, Head of the International and domestic Affairs, along with senior CBUAE officials. During the meeting, the Committee discussed key issues related to recent monetary and…