Author: Editorial team
The issues facing new Air India CEO are many: safety scrutiny, record losses, geopolitical disruptions, an unprofitable network and urgent fleet modernisationNEW DELHI: Air India, owned by the Tata Group and Singapore Airlines, has named Tewolde Gebremariam as its new CEO at a time when the Indian carrier faces a host of challenges, from record losses to safety lapses that have drawn intense regulatory scrutiny.Below are the main challenges facing the former Ethiopian Airlines CEO:Safety and complianceThe crash of an Air India Boeing 787 in Ahmedabad in June 2025, which killed 260 people, has intensified scrutiny of the airline’s operations…
Dubai Customs has amended its rules for cross-border e-commerce, raising the value threshold for duty-free goods and giving businesses more time to return already-taxed items to cut costs and boost competitiveness in the sector.Under the revised rules, goods and products with a value not exceeding Dh1,000 will be exempt from customs duties.However, the exemption will not apply to tobacco and tobacco products, electronic smoking devices and their equipment and accessories, liquids containing nicotine, alcoholic beverages, or food preparations containing alcohol.Stay up to date with the latest news. Follow KT on WhatsApp Channels.It came into effect on August 3, 2026, and…
For a while, it felt like the billion‑dollar movie was an endangered species. Post‑pandemic market volatility, streaming wars and franchise fatigue turned what used to be Hollywood’s favourite flex into a rare feat. But 2026 is telling a different story.By August, the global box office has already welcomed four billion‑dollar hits, with more inching towards the milestone. Analysts say this resurgence of mega‑grossers is pushing the theatrical industry towards its strongest year since before Covid and crucially, the success is spread across different genres and studios. Here’s a closer look at the films that have actually done it:The Super Mario Galaxy…
LISBON, 6th August, 2026 (WAM) — UAE Team Emirates-XRG Julius Johansen picked up his fourth career victory on Wednesday afternoon at the Volta a Portugal. The Dane triumphed in the opening prologue to take the first leader’s jersey of this year’s race. All four of Johansen’s wins have now come in the 2026 campaign, and all four have been in short individual time trials. It is a discipline in which the UAE Team Emirates-XRG rider is becoming quite the specialist, and this latest win takes the Emirati squad to 60 victories for the season. Making the opening day of the…
England handed Jordan Cox the number three spot in place of the injured Jacob Bethell for the first two Tests of the three-match series against Pakistan later this month, while Joe Root will captain the side on a permanent basis for the first time since 2022. Root, who returns to lead the side after being appointed Test captain last month, will work alongside interim head coach Marcus Trescothick before Stephen Fleming takes charge after the series. The 16-man squad includes a recall for Dan Lawrence, who returns to the Test setup for the first time since his appearance against Sri…
AL ARISH, 6th August, 2026 (WAM) — The UAE Floating Hospital in Al Arish, Arab Republic of Egypt, has received nine new patients and injured individuals from the Gaza Strip to receive the necessary medical treatment and specialised healthcare, as part of the ongoing humanitarian and medical efforts undertaken by the United Arab Emirates under Operation Chivalrous Knight 3 to support the Palestinian people and alleviate their suffering. With the arrival of the new cases, the total number of patients received by the UAE Floating Hospital since the reopening of the Rafah Crossing has risen to 104. Specialised medical and…
According to a forecast by STL Partners, the global revenue from private mobile networks is estimated to grow from $2.3 billion in 2025 to $22 billion in 2030. The manufacturing industry vertical will lead the way in terms of spending. In a new report, the research company stated the five-year uplift represents a compound annual growth rate (CAGR) of 58%, as the number of private network sites increase from 4,000 by the end of 2025 to more than 40,000 by 2030. Manufacturing is “by far the largest vertical” and will continue to be so, growing at 59% CAGR on the…
For years, Dubai’s restaurant scene has been defined by spectacle. Dramatic interiors, elaborate concepts and dining experiences designed as much for social media as they were for the table have become part of the city’s identity. But something is changing. The restaurants generating the most excitement in Dubai today are not necessarily the grandest or the most extravagant. Instead, they are the ones that feel effortless. Places where the food speaks for itself, the atmosphere is relaxed, and no one feels underdressed walking through the door. It’s a trend I have found myself talking about more and more over the past…
ABU DHABI, 6th August, 2026 (WAM) — Khalifa Fund for Enterprise Development (KFED) launched the ‘Future Founders Market’, the first market organised by the Fund as part of its initiatives to empower the next generation of entrepreneurs by providing participants with a practical entrepreneurial experience through an integrated journey that begins with developing ideas and designing products, and extends to building brands, showcasing products to the public, and engaging directly with customers. Aligning with the Fund’s continuous efforts to instil a culture of entrepreneurship among younger generations, the initiative enables participants to acquire practical skills in product development, understand market…
Ministry of Finance introduces AED1 per millilitre minimum excise price for liquids used in electronic smoking devices to strengthen tax compliance and market regulation Abu Dhabi: The UAE Ministry of Finance has announced a new minimum excise price for liquids used in electronic smoking devices and tools, as part of efforts to strengthen the effectiveness of the country’s excise tax system and enhance compliance with tax legislation. Under the new decision, a minimum excise price of AED1 per millilitre (mL) will apply to liquids used in electronic smoking devices and tools, with the measure set to take effect on 1st…