Author: Editorial team
According to Bloomberg, SK Hynix’s Chey Tae-won has issued a warning to the industry that the global chip shortage will continue for another four or five years. This shortage has in large part been driven by the surging demand for high-bandwidth memory to support AI workloads. The head of the South Korean conglomerate, which is the parent group of SK Group, told reporters on the sidelines of Nvidia’s GTC developer conference the supply of the wafers, required for chip production, is trailing demand by more than 20 per cent, the news agency wrote. Chey expects a shortage until 2030 despite…
The UAE’s Ministry of Interior confirmed it has stepped up security and traffic readiness across the country, working closely with relevant authorities and police headquarters, as Eid Al Fitr begins. The UAE is celebrating Eid Al Fitr on Friday, March 20, after authorities confirmed that the crescent marking the start of Shawwal was not sighted on Thursday. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The ministry said the measures are part of a broader plan focused on strengthening safety, easing traffic movement, and allowing people to enjoy the festive atmosphere in a secure and…
Niloy Nag’s story of moving from the corporate grind to entrepreneurial freedom follows a familiar arc. After two decades of thriving in a demanding telecom career in India and Dubai, Nag — like many high-achieving professionals — found himself asking the inevitable questions: What next? What was the one thing he loved most to wake up energised every morning? The answer, he realised, had always been clear: travel. An avid traveller, Nag was passionate about discovering new destinations, often planning every detail himself. Long before AI made trip-planning simple, he would spend hours meticulously researching routes, stays and experiences, charting…
DUBAI, 19th March, 2026 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, chaired a high-level coordination meeting held by the Ports, Customs and Free Zone Corporation (PCFC) at its headquarters in Dubai with officials from global shipping companies operating in the UAE and representatives of shipping associations. The meeting was convened as part of efforts to strengthen collective coordination in addressing the current challenges facing regional supply chains. The meeting was attended by Abdulla bin Damithan, Chairman of the Ports, Customs and Free Zone Corporation (PCFC); Dr. Abdulla Busenad, Director General of Dubai Customs; and Ahmad…
ABU DHABI, 20th March, 2026 (WAM) — Since its launch under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Mother of the Nation Endowment for Orphans initiative, launched by the Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi at the beginning of the Holy Month of Ramadan, has raised AED3.3 billion during the Holy Month, representing an inspiring humanitarian model and a national initiative aimed at establishing a sustainable endowment funding source to support orphans across the UAE and enhance their quality of life, while strengthening social cohesion and contributing to a more balanced…
Nvidia‘s CEO Jensen Huang stated AI chip revenue will reach at least $1 trillion by 2027 during his Nvidia GTC 2026 keynote. This number is up from last year’s prediction of $500 billion through this year. The chipmaker chief highlighted the company’s ongoing strategy during his keynote address on the 16th of March. While some industry experts predicted the AI bubble would burst last year, Huang sees even more revenue on the horizon. He stated several times Nvidia is horizontally open in the AI ecosystem but also vertically integrated into it. Huang also stated Nvidia is an algorithm company. “Because…
Abu Dhabi Police has issued a warning about the dangers of using fireworks during Eid Al Fitr celebrations. The UAE is celebrating Eid Al Fitr on Friday, March 20, after authorities confirmed that the crescent marking the start of Shawwal was not sighted on Thursday. The General Command of Abu Dhabi Police highlighted that they are hazardous materials capable of causing serious injuries and accidents that threaten both personal safety and property. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The police urged the community, particularly children, to avoid handling fireworks. They also warned that…
[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] Even as geopolitical tensions continue in the background, moments of quiet joy continue to unfold in hospitals across the UAE. This Eid Al Fitr, the sound of newborn cries brought a sense of hope and renewal, offering families a deeply personal reason to celebrate. For many parents, the festival took on an even more profound meaning as they welcomed new life into the world. Doctors say such moments serve as powerful reminders of resilience, continuity and the enduring human spirit — even in uncertain times. Across Abu…
ABU DHABI, 19th March, 2026 (WAM) — Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, and Managing Director and Group CEO of ADNOC, stated that Iran’s blatant aggressions will not undermine UAE’s resolve, stressing that the country is not a party to the ongoing war in the region. He added the that the UAE is a sovereign state that formulates its policies based on its national priorities and its approach of supporting political solutions, noting that the nation “has been working diligently and very hard for diplomacy” that would spare the region conflicts and wars. In remarks to…
(L-R) Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia & Alaa Sweidan, General Manager, Taqniyat Saudi Arabia. Alaa Sweidan, General Manager, Taqniyat Saudi Arabia and Sherif Azzam, Business Unit Manager, Comstor Saudi Arabia, highlighted the importance of Cisco‘s Data Centre solutions for the KSA in this exclusive interview. How does Cisco’s Data Centre and Compute portfolio support Saudi Arabia’s digital transformation goals? Sherif: Saudi Arabia’s digital transformation is accelerating rapidly, and modern data centres are a foundational enabler. Cisco’s Data Centre and Cisco Compute portfolio, including Cisco Unified Computing Systems (UCS), provide organisations with a highly scalable, secure, and performance-driven…