Author: Editorial team
Coastal temperatures are set to ease this weekend in Dubai, Abu Dhabi, Sharjah and other emirates, while humidity could reach 90% and trigger mist formation overnight and early morning. Dubai: After days of temperatures in the high-40s, the mercury is starting to dip this weekend, even as humidity builds overnight. According to the National Centre of Meteorology (NCM), the weather today will be fair to partly cloudy, with extended cloud cover northward and eastward. Due to convective cloud formation, you can expect to see light rainfall if you’re based in regions like Fujairah. Temperatures start to dip as humidity rises…
ABU DHABI, 14th August, 2026 (WAM) — AD Ports Group on Friday reported its strongest quarterly results on record for the second quarter of 2026, confirming the resilience of its diversified and integrated trade ecosystem amidst a challenging and volatile geopolitical and macroeconomic backdrop marked by conflict in and around the Strait of Hormuz. Revenue in Q2 2026 rose 47 percent YoY to AED7.08 billion, driven by the strong operational and financial performance of the Maritime & Shipping, Economic Cities & Free Zones (EC&FZ), and Logistics Clusters. EBITDA in Q2 2026 rose 49 percent YoY to AED1.74 billion, implying an…
Parkin reports AED 364.1 million Q2 2026 revenue up 14%, net profit AED 166.2 million, parking spaces grow 27% to 268,300 and transactions reach 34 million in DubaiParkin Company PJSC (Parkin) announced its financial and operational results for the second quarter ended 30th June, 2026, reporting a 14 percent increase in total revenue to AED364.1 million compared with the same period in 2025.Net profit rose 12 percent to AED166.2 million, supported by growth in seasonal cards, developer parking and enforcement. EBITDA increased 15 percent to AED217.2 million from AED189.3 million, with an EBITDA margin of 60 percent.Eng. Mohamed Abdulla Al…
[Editor’s Note: For the latest updates on how the US-Iran war has escalated since a 14-point deal was signed on June 17, follow the Khaleej Times live blog.]Adnoc has confirmed that two of its vessels were attacked while they were transiting through the Strait of Hormuz on Thursday evening, in the second such incident in under a week.The UAE’s energy group issued a statement, according to a Wam report, stressing the importance of protecting the safety and wellbeing of seafarers, while safeguarding the freedom of navigation and maritime security. It said that the incident on August 13 resulted in no injuries and that…
Taylor Swift has been named to the Nashville Songwriters Hall of Fame Class of 2026, making her the youngest songwriter ever selected for induction.The 36 year old singer was chosen in the Contemporary Songwriter/Artist category, 20 years after releasing her debut single, “Tim McGraw,” in 2006.Taylor was not able to attend the announcement at Belmont University, but sent a letter reflecting on starting her career in Nashville as a teenager.“From the time I started writing songs as a child, I fixated on Nashville as the perfect place to be. To be honored by this city I love so much is…
SHARJAH, 14th August, 2026 (WAM)– As part of its efforts to leverage technology to support the sustainability of traditional crafts and develop methods for documenting them, Irthi Contemporary Crafts Council, in collaboration with Rubu’ Qarn Science and Technology, concluded the first phase of the Technology and Crafts Lab program. This three-phase program combines digital documentation, materials exploration, and experimental research. The first phase, which focused on digital documentation, took place from July 27 to August 2, 2026, at the Rubu’ Qarn Science and Technology Center. Participants learned about methods for documenting local crafts and cultural knowledge, while also exploring the…
Christian Ogden Davies, Global Head of Distribution and Innovation, Relm. Insurance gaps in director liability, custody and wallets often surface only after crypto firms relocate, says Relm’s global distribution chief Dubai — Europe’s Markets in Crypto-Assets regulation crossed its transitional deadline on 1 July 2026, and unlicensed crypto firms lost the right to serve EU clients overnight. Dubai has absorbed much of the resulting migration, with legal advisors reporting a surge of European founders exploring the UAE as an alternative base. But relocating a company’s headquarters does not automatically relocate its regulatory exposure, according to Christian Ogden Davies, Global Head…
The Women and Child Protection Department stressed the vital role of family supervision in protecting children from potential risks or crimes linked to electronic games The Department also urged parents to activate appropriate privacy settings and parental controls, become familiar with the games and platforms their children use, monitor friend lists and in-game conversations, and encourage children to immediately report any message, link, or contact that makes them feel uneasy. Photo credit: Supplied Dubai: The Child and Women Protection Department of the General Department of Human Rights at Dubai Police has urged parents to monitor their children’s use of electronic…
ABU DHABI, 15th August, 2026 (WAM) — The organising committee of the 32nd Abu Dhabi International Chess Festival 2026 has announced the participation of 763 players across four major tournaments, with the first day of competitions set to take place Saturday, 15 August at the Radisson Blu Hotel in Abu Dhabi. A total of 112 players will compete in the International Masters Tournament, while 152 will participate in the Open “A” Tournament, 280 in the Open “B” Tournament, and 219 in the Juniors Tournament. The committee highlighted the significance of the participation of 300 UAE players, out of a total…
ABU DHABI, 14th August, 2026 (WAM) — Space42, the UAE-based AI-powered SpaceTech company with global reach, on Friday announced that its proposed share buyback programme of up to 2.5 percent of the company’s issued share capital, has been approved by the Abu Dhabi Securities Exchange (ADX), following shareholder approval in April at the General Assembly Meeting. The programme will be funded from the company’s existing cash resources and executed through open-market transactions in accordance with ADX and the Capital and Market Authority’s (CMA) regulations. All completed buybacks will be regularly disclosed by the company via the ADX website as required…