Author: Editorial team
When the bell rang, William let out a cry drowned out by the crowd: that night, the Greenlandic teen was boxing for his mother, who killed herself two years ago. Suicide is one of Greenland’s leading causes of premature death and the autonomous Danish territory has one of the highest suicide rates in the world. An “epidemic”, some Greenlanders call it, striking above all teenagers and young adults. Members of the crowd raise their arms and shout their support for the Greenlandic fighters during a boxing match in Nuuk, Greenland, on February 28, 2026. — AFP “Come on, crush him!”…
ABU DHABI, 18th March, 2026 (WAM) — The UAE today announced the launch of Phase 1 of its Research and Development (R&D) Tax Incentives Programme, marking an important step in strengthening the country’s innovation ecosystem and supporting sustainable, long-term economic growth. Under the first phase of the programme, businesses will be able to benefit from a non-refundable R&D tax credit of up to 50% on qualifying expenditure of up to AED5 million. The measure is designed to encourage private-sector investment in research and innovation, while supporting the UAE’s ambition to become a global hub for advanced industries and emerging technologies.…
ABU DHABI, 18th March, 2026 (WAM) — Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED4.21 billion, benefiting 2,652 Emirati citizens across the emirate. The approved package includes housing loans amounting to AED2.1 billion benefiting 1,415 citizens; ready-built housing grants valued at AED1.82 billion benefiting 914 citizens; residential land grants worth AED144 million benefiting 185 citizens; and exemptions…
(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…
[Editor’s Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.] The UAE air defence systems engaged 13 ballistic missiles and 27 UAVs launched from Iran on March 18, 2026. Since the onset of the blatant Iranian aggression, UAE air defences have engaged 327 ballistic missiles, 15 cruise missiles and 1,699 UAVs. These attacks have resulted in the martyrdom of two members of the armed forces while performing their national duty, as well as six fatalities of Pakistani, Nepali, Bangladeshi and Palestinian nationalities. A total of 158 people were also injured, with injuries ranging from minor to moderate…
Through food boxes, iftar meals and volunteering, Starbucks worked with Emirates Red Crescent to turn Ramadan giving into tangible support for families across the UAE Published: Wed 18 Mar 2026, 4:31 PM Starbucks, operated by Alshaya Group, partnered with Emirates Red Crescent this Ramadan to translate giving into tangible support for families and communities across the UAE through food assistance and volunteer participation. The programme supported food boxes distributed to 400 families registered with Emirates Red Crescent. “Ramadan is a moment that calls for action, not statements,” said Saleh Alshaya, President, Starbucks at Alshaya Group. “Across our markets, we work…
DUBAI, 18th March, 2026 (WAM) — Most rated insurers in the Gulf Cooperation Council (GCC) are expected to remain broadly stable in the short-to-medium term, S&P Global Ratings said on Wednesday. “This is thanks to robust earnings generation in recent years, which has contributed to a significant buildup of capital buffers,” the S&P said in a report. The report highlighted that GCC insurers have sufficiently robust capital buffers to absorb a potential increase in capital market volatility and any claims related to the war in the Middle East, as these are either heavily reinsured or subject to exclusion clauses. “Regional…
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…
DUBAI, 18th March, 2026 (WAM) — Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has continued its ongoing series of meetings with Business Groups and Business Councils. The meetings are aimed at monitoring current conditions in the local business environment, assessing the outlook for the period ahead, and enhancing the support available to all sectors as they respond to global challenges. During this week, the chamber held 13 meetings with Business Groups and Business Councils operating under its umbrellaa to discuss business continuity requirements and boost resilience across key economic sectors. The…
Residents in the UAE are expected to know the date of Eid Al Fitr soon, as authorities prepare to sight the Shawwal crescent on Wednesday evening. The Islamic Affairs and Charitable Activities Department in Dubai announced that the crescent moon will be observed on the evening of Ramadan 29, in coordination with the UAE Moon Sighting Committee. The observation will take place at the Jebel Nazwa crescent sighting location as part of the country’s approved system for determining the start of Hijri months. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The sighting of the…