Author: Editorial team
The NCM says internal areas could reach 50°C, with convective clouds bringing scattered rainfall to parts of the country. Dubai: Temperatures are reaching 50°C today. Brace for a dusty day ahead, with a chance of rain in some parts of the UAE. It’s going to be fair to partly cloudy today, according to the National Centre of Meteorology (NCM), with a chance of convective cloud formation by afternoon over some eastern and southern areas of the country, bringing scattered rainfall. Light to moderate winds, freshening at times will also cause blowing dust. Hot day ahead The mercury is steadily climbing into…
Spot gold climbed 4.4% to $4,265.85 per ounce by 1650 GMT, having hit $4,258.99, its highest since June 18.New York: Gold prices rose to their highest level in almost seven weeks on Wednesday and were on track to post the biggest daily growth since February due to lower Treasury yields.Spot gold climbed 4.4% to $4,265.85 per ounce by 1650 GMT, having hit $4,258.99, its highest since June 18, and broken above the 50-day moving average, which now supports it at $4,160.US gold futures for December delivery rose 4% to $4,317.40 per ounce. Source: Emirates 24|7
Senior executives inaugurate new Mannai Information Technology RHQ in Riyadh. With the Riyadh RHQ, MIT KSA aims to provide strong innovation-led growth and customer support aligned with the Kingdom’s digital transformation initiatives Riyadh — Mannai Information Technology Saudi Arabia (MIT KSA), part of Mannai Corporation QPSC, opened its new regional headquarters (RHQ) in Riyadh, marking a significant investment in Saudi Arabia’s digital economy and a new phase in the company’s long-term commitment to expanding its footprint in the Kingdom. Speaking on the RHQ opening, Alekh Grewal, Group Chief Executive Officer of Mannai Corporation QPSC, said, “Saudi Arabia is one of the region’s largest and fastest-growing…
Dubai will introduce a dedicated rental index for shared housing units under the emirate’s new law regulating this segment of the property market.The Dubai Land Department (DLD) will be responsible for establishing and periodically updating the index, according to Practical Guidance published by LexisNexis Middle East on the recently issued shared housing law (Dubai Law No. 4 of 2026). Announced in March, the new law will take effect at the end of August.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The index will take into account the technical and service specifications of individual shared housing units,…
Oscar-winning actress Viola Davis is set to star in the upcoming Paramount+ thriller series Ascent, which has officially been greenlit, according to Variety.Set in the high-stakes world of global corporate crisis management, Ascent follows elite corporate fixer Catriona Vail, played by Davis, who is forced to turn her ruthless professional skills into personal survival when her estranged daughter is placed in danger.According to the official logline, the series is “set in the dangerous world of global corporate crisis and damage control.” Davis’ character “must weaponise the ruthless skills that have made her indispensable to billion-dollar clients when her estranged daughter…
As Fifa President Gianni Infantino battles the biggest challenge of his decade in power, two of the most prominent voices in the revolt against him have been women. Wales’ Laura McAllister and Norway’s Lise Klaveness, the only women on Uefa’s executive committee, have emerged as outspoken critics of Infantino during a crisis sparked by his failed attempt to push through a private equity-backed venture known as Fifa Football Enterprises (FFE).The backlash has ignited discussion about whether football, long dominated by male administrators, could be ready for a woman to lead the global game.”It would be wonderful to see a woman…
ABU DHABI, 5th August, 2026 (WAM) — The Abu Dhabi Chamber of Commerce and Industry (ADCCI) today released its June 2026 report, Abu Dhabi’s Positioning in the Hydrogen Economy, which identifies Abu Dhabi as one of the most strategically advantaged territories in the global hydrogen race. The report, produced by the Chamber’s Business Intelligence Department, comes at a time of global recalibration in hydrogen ambitions, as global policy uncertainty slows progress in several markets. In contrast, Abu Dhabi is advancing from policy commitments to operational projects, supported by strong fundamentals and targeted investments. The report finds that the UAE benefits…
ABU DHABI, 5th August, 2026 (WAM) — The Zayed for Good Foundation has marked its 34th anniversary, celebrating more than three decades of humanitarian and development achievements inspired by the vision of the late Sheikh Zayed bin Sultan Al Nahyan, Founding Father of the UAE, whose enduring legacy established humanitarian action as a defining pillar of the UAE and a message of compassion that continues to reach communities around the world. Since its establishment on 5 August 1992, the foundation has evolved into one of the UAE’s leading humanitarian and development organisations, delivering impactful programmes both locally and internationally. Its…
The foundation has evolved into one of the UAE’s leading humanitarian and development organisations, delivering impactful programmes both locally and internationally. Abu Dhabi: The Zayed for Good Foundation has marked its 34th anniversary, celebrating more than three decades of humanitarian and development achievements inspired by the vision of the late Sheikh Zayed bin Sultan Al Nahyan, Founding Father of the UAE, whose enduring legacy established humanitarian action as a defining pillar of the UAE and a message of compassion that continues to reach communities around the world. Since its establishment on 5 August 1992, the foundation has evolved into one…
Food giant boosts forecasts after stronger-than-expected quarterly sales, backed by pricing actions, increased marketing investment and growth in health-focused productsChicago: Kraft Heinz raised its full-year forecasts after reporting better-than-expected second-quarter sales and earnings, signalling early success for Chief Executive Officer Steve Cahillane’s turnaround strategy as the company invests heavily in innovation and higher-growth product categories.The packaged food company said it now expects annual organic sales to decline by between 0.5% and 2.0%, an improvement from its previous forecast for a decline of 1.5% to 3.5%.Kraft Heinz also tightened its guidance for adjusted earnings, forecasting annual adjusted earnings per share of…