Author: Editorial team
DUBAI, 31st March, 2026 (WAM) — Emirates NBD has successfully closed US$ 2.25 billion in long-term financing. The transaction includes a US$1.75 billion five-year sustainability-linked syndicated term loan (SLL) and a US$500 million five-year Club Commodity Murabaha term facility. Together, they represent one of the largest syndicated borrowings in the GCC. Initially launched at US$1 billion, the SLL was oversubscribed by more than 2x, enabling an increase to US$1.75 billion. The strong demand reflects global investor confidence in Emirates NBD’s credit strength, supported by its solid balance sheet and disciplined financial management. Despite a challenging regional and global environment, the…
ABU DHABI, 9th March, 2026 (WAM) — The Global Institute for Disease Elimination (GLIDE) and United Arab Emirates University (UAEU) have signed a Memorandum of Understanding (MoU) to strengthen collaboration across research, training, and knowledge exchange in support of infectious disease elimination and global public health priorities. The agreement establishes a framework for joint research addressing infectious diseases, neglected tropical diseases, and other priority public health challenges of regional and international relevance. The two institutions aim to strengthen the evidence base for policy and practice while advancing scientific leadership from the UAE. GLIDE and UAEU will collaborate on several capacity-building…
The UK fines Apple over Russia sanctions breach. Source: Tahawul Tech
Google Maps began showing red traffic lines around petrol stations across the UAE on Tuesday night, as residents headed out to refill their tanks before the fuel price increase took effect. At stations in Al Warqa, along Sheikh Mohammed Bin Zayed Road, Al Nahda, Sharjah, and across the UAE, queues built up steadily after 8pm, turning a quick stop into a wait of up to an hour for some motorists. Cars lined up one after the other, stretching onto service roads and nearby exits, as petrol stations across the UAE saw long queues with residents rushing to fill their tanks…
When standard genetic tests came back negative for several children in the UAE with unexplained developmental delays and muscle weakness, doctors could easily have stopped looking. Instead, further investigation led to the identification of a previously unknown rare genetic disorder now recognised internationally and named after its discoverers. The condition, known as El-Hattab-Schmidt syndrome, was first described in 2018 after clinicians identified children with similar neurological features who shared a mutation in the same gene — a gene not previously linked to human disease. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “All the genes…
ABU DHABI, 31st March, 2026 (WAM) — H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has received Nikos Dendias, Minister of National Defence of the friendly Hellenic Republic. During the meeting, the two sides discussed the repercussions of Iran’s unprovoked, terrorist missile attacks targeting the UAE and several regional countries. They examined the impact of these actions on regional security and peace, their serious implications for international navigation, and the threat they pose to global energy supplies and the world economy. The UAE top diplomat highly valued the visit of Minister Dendias, noting…
ABU DHABI, 31st March, 2026 (WAM) — Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said that the UAE, under the directives of its wise leadership, continues to strengthen its position as a leading regional hub for economic activities in the food sector. He highlighted that the country possesses an integrated infrastructure based on global best practices, advanced technology and flexible supply chains, which effectively ensure the sustainability and abundance of food supplies in local markets. This came during a field visit by the Minister to Abu Dhabi Vegetable Oil Company (ADVOC), one of the UAE’s leading national…
DUBAI, 11th March, 2026 (WAM) — The General Authority of Islamic Affairs, Endowments and Zakat, in collaboration with the UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office, has launched the first specialised training workshops on artificial intelligence aimed at professionals involved in religious discourse. This initiative comes as part of a national strategic programme launched in partnership with leading global technology companies in the field. It aims to train more than 5,000 imams, preachers, muftis, and religious speakers, in alignment with the objectives of the UAE Artificial Intelligence Strategy 2031, while strengthening the integration of roles between religious…
SoftBank Group recently took out a $40 billion bridge loan from a collection of big name financial institutions. In part this move was calculated to cover an additional investment in OpenAI that the Japanese company committed to in February 2026. The company’s latest investment in the ChatGPT maker forms part of OpenAI’s $110 billion funding round announced last month, which also attracted $30 billion from Nvidia and $50 billion from Amazon. SoftBank’s contribution will come from its Vision Fund 2. According to a statement made in February, the additional cash will take the company’s cumulative investment in OpenAI to $64.6…
DUBAI, 31st March, 2026 (WAM) — The Knowledge and Human Development Authority in Dubai (KHDA) has opened applications for the third cohort of the Dubai Distinguished Students Programme for the 2026–27 academic year. Launched in 2024 in collaboration with the Knowledge Fund Establishment and Dubai’s private schools, the programme provides high-achieving Emirati students from Grade 1 (Year 2) to Grade 10 (Year 11) with a 50% tuition fee scholarship at schools rated Good or above. A total of 333 scholarships will be offered this year across 19 private schools in Dubai. The participating schools offer a range of curricula, including…