Author: Editorial team

UAE

RIYADH, 8th August, 2026 (WAM) — The Ministry of Foreign Affairs expressed the Kingdom of Saudi Arabia’s strongest condemnation of the targeting of an Emirati tanker transiting the Strait of Hormuz, emphasising that these unacceptable attacks constitute an assault on the security and safety of maritime navigation and global energy supplies. In a statement carried by the Saudi Press Agency, the Kingdom affirmed that Iran’s continued perpetration of these attacks is a grave violation of international laws and norms, including Security Council Resolution 2817, which guarantees freedom of navigation and safe passage in international waterways. The Kingdom holds Iran responsible…

Read More

The UAE’s Lulu Group has announced a Dh1.5 billion (IN₹40 billion/US$410 million) investment in a major mixed-use development in Gujarat, adding to the growing flow of UAE capital into India’s western industrial powerhouse.The project, which includes a shopping mall, five-star hotel and serviced residential apartments in Ahmedabad, comes as Dubai-based DP World continues with its Dh11 billion (US$3 billion) investment in ports and logistics infrastructure across the state. Together, the investments underline Gujarat’s increasing importance as a strategic economic gateway for India and a key partner in strengthening UAE-India trade ties.Abdulla bin Touq Al Marri, UAE Minister of Economy and…

Read More

“I’ve had a lot of people try to tear me down,” a 23-year-old K-Pop fan in the UAE said, recalling when she shared an interaction she had with an idol at a concert on social media. These people she said, insinuated that she “did specific things to get [the celebrity’s] attention” and managed to snag a meet-and-greet in a “corrupt way”. Syrian expat Tala Niem, who calls herself a multi-stan (someone who supports multiple K-Pop groups), recalled this incident while speaking to Khaleej Times — though she was quick to clarify that “not all fans are like that.” Stay up…

Read More

As a striker steps up to take a decisive penalty at the Fifa World Cup, another race is unfolding far from the stadium. Within seconds, footage from the pitch is transmitted through fibre-optic networks, processed by cloud platforms. Artificial intelligence analyses the data, while interconnected data centres route the footage to billions of screens around the world. Behind the scenes, cybersecurity teams are working to prevent hackers from disrupting the world’s biggest sporting event.For football fans, the experience feels effortless. A goal appears almost instantly on televisions, smartphones, and tablets, accompanied by live statistics, player tracking and instant replays. But…

Read More
UAE

ADNOC confirms one of its vessels was targeted by a missile while transiting the Strait of Hormuz on August 8 ABU DHABI: ADNOC has confirmed that one of its vessels was targeted by a missile while transiting the Strait of Hormuz in the early hours of Saturday, August 8. The incident resulted in no injuries, and the situation has been brought under control, the company added. The company urged the public to obtain information solely from official sources and to avoid circulating rumors or unverified information. Source: Emirates 24|7

Read More

FTA expands digital tax refund ecosystem as tourist VAT refund network grows across retail outlets, hotels, shopping centres and departure pointsAbu Dhabi: The Federal Tax Authority (FTA) has announced continued growth in the UAE’s Digital Tourist VAT Refund System, with the number of electronically connected retail outlets rising to more than 19,340 outlets by the end of the first half of 2026.According to the FTA, the figure represents a 5.9% increase compared with 18,260 outlets recorded at the end of the first half of 2025, reflecting the ongoing expansion of the country’s digital tax refund ecosystem.The Authority said 449 additional…

Read More

BRUSSELS, 8th August, 2026 (WAM) — EU imports of Russian liquefied natural gas (LNG) rose by 14% in June compared with the same month a year earlier, despite the bloc’s commitments to end its dependence on Russian energy supplies by 2027. The Centre for Research on Energy and Clean Air (CREA) reported that Russian revenues from these sales amounted to approximately €60 million per day, with France ranking as the largest buyer. The French port of Montoir received quantities more than four times higher than its imports in May, while data from the Bruegel research center in Brussels showed that…

Read More
UAE

ABU DHABI, 8th August, 2026 (WAM) — The United Arab Emirates has condemned in the strongest terms the attack launched by the Houthi group on the Najran Region in the Kingdom of Saudi Arabia. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these attacks constitute a flagrant violation of the sovereignty of the Kingdom of Saudi Arabia and a threat to its security and stability. The Ministry reaffirmed the UAE’s solidarity with the Kingdom of Saudi Arabia and its support for all measures aimed at safeguarding its security and stability. Source: Emirates News Agency

Read More

The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor market.Other data on Thursday showed worker productivity grew faster than expected in the second quarter, curbing gains in labor costs. The lack of labor market stress and contained wage pressures gave the Federal Reserve room to focus on the inflation fallout from the Middle East conflict, economists said. They said there were some signs that the adoption of artificial intelligence by businesses was raising productivity.Still, economists said the U.S. central bank could raise…

Read More