Author: Editorial team

UAE

Afternoon rainfall is expected across eastern, southern and internal areas this week as seasonal weather patterns bring moisture into the UAE. Dubai: Why is the sky looking overcast? It’s because summer rain is here to stay this week. According to National Centre of Meteorology (NCM), the Intertropical Convergence Zone (ITCZ) – a low-pressure belt near the equator, where northeast and southeast trade winds meet – is currently advancing northward. With rising temperatures and the influence of mountains in the eastern part of the country, local convective clouds are developing over eastern and southern regions, particularly in the afternoons. Once these…

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DUBAI, 3rd August, 2026 (WAM) — Dubai is set to host the 22nd edition of ‘IPS 2026’ from 7th to 9th September 2026 at the Dubai World Trade Centre. Organised by Strategic Exhibitions and Conferences, with the support and strategic partnership of Dubai Land Department, the exhibition will bring together leading investors, real estate developers, government entities, financial institutions, policymakers, and industry experts from around the world. IPS 2026 is a leading international platform that brings together key stakeholders in the real estate sector, providing a dynamic forum for knowledge exchange and showcasing the latest projects and investment opportunities. The…

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The GCC’s pharmaceutical market exceeded $30 billion in 2025 and is growing at about 7.5 per cent annually, as governments accelerate investment in local manufacturing, biotechnology and healthcare research, according to a new report by JLL.The consultancy said the region’s life sciences sector was shifting from being primarily an importer of medicines to an innovation-led producer, supported by sovereign capital, national industrial strategies and efforts to strengthen healthcare security.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Gulf biotechnology investment exceeded $12 billion between 2020 and 2025, backed by government funding programmes, tax incentives and measures to…

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Actor Bhumi Pednekar has said the public discourse should be respectful and criticised the use of abusive words against Prime Minister Narendra Modi by a few protestors during the Janatar Mantar agitation against the NEET-UG paper leak. Some social media users accused her of selectively addressing the protests by remaining silent on the police action against protestors. In a video shared on Instagram, Pednekar expressed concern over the language used in several viral protest clips, saying that public disagreement should not come at the cost of basic civility.”Looking at the videos surfacing now, the kind of language being used, and…

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The Washington Open women’s final between Jessica Pegula and Alexandra Eala was suspended in the second set and pushed back to Monday due to rain, while matches at the Canadian Open in Toronto and Montreal were also rescheduled due to the weather.The Washington final was delayed by three hours before play got under way on Sunday, with American Pegula taking the opening set 6-4 and the Philippines’ Eala leading 2-1 in the second when the match was halted due to rain.The men’s final between American Taylor Fritz and Spain’s Rafael Jodar was also moved to Monday.”Matches have been cancelled for…

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ABU DHABI, 3rd August, 2026 (WAM) — The Federal Tax Authority (FTA) has emphasised that Taxable Persons eligible for the Small Business Relief must continue to fulfil all their obligations under the Corporate Tax Law for each tax period. These obligations include registering for Corporate Tax, submitting simplified tax returns, and maintaining all relevant records to support the accuracy of the information provided in their tax returns or any other documents required to be submitted. Such records enable the FTA to verify Revenue, Taxable Income and the eligibility for the Small Business Relief for Corporate Tax purposes. The FTA called…

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SHARJAH, 3rd August, 2026 (WAM) — SANED Facility Management organised a specialised session titled “Advancing the Future of Safety Through AI Innovation”, in collaboration with Sharjah Police General Command and the Sharjah Civil Defence Authority, as part of its efforts to promote the adoption of smart solutions and advance safety and security systems in line with the latest global practices. The session brought together a distinguished group of experts and specialists, with the participation of several CEOs from Sharjah Asset Management’s subsidiaries, alongside officials and representatives from Sharjah Police General Command and the Sharjah Civil Defence Authority, to showcase the…

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UAE

DUBAI, 3rd August, 2026 (WAM) — Global leadership advisory firm Russell Reynolds Associates (RRA) released its Global Leadership Monitor H1 2026, a bi-annual survey of 2,700+ global business leaders tracking organisational health and leadership preparedness against external trends. The report shows global leadership at an inflection point – with technological change emerging as the single most critical factor influencing organisational performance for the first time since the survey was launched in 2021. Two in three (63%) global executives identify technological disruption – including AI, machine learning, robotics, big data, IoT, and related technologies – as a significant opportunity or challenge…

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Richard Gregory. CEO Richard Gregory explains how privacy, local relevance and culturally aware moderation are shaping Jodel’s growth in Saudi Arabia.Social media often rewards visibility, polished identities and follower counts, but Jodel is pursuing a different model centred on place, privacy and authentic community engagement. The hyperlocal platform enables users to exchange real-time information, opinions, recommendations and support without relying on public profiles. Saudi Arabia has emerged as an important growth and learning market for Jodel, driven by digitally sophisticated users seeking privacy, practical value and locally relevant conversations. In this interview, Richard Gregory, CEO of Jodel, discusses the platform’s…

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Federal Tax Authority reminds eligible businesses to submit simplified corporate tax returns and maintain supporting records despite Small Business Relief benefitsAbu Dhabi: The Federal Tax Authority (FTA) has urged businesses eligible for Small Business Relief under the UAE Corporate Tax regime to continue fulfilling all corporate tax obligations, including registration, filing tax returns and maintaining supporting records.The Authority clarified that while eligible businesses can benefit from simplified reporting requirements, they are still required to submit corporate tax returns for each tax period and retain documents demonstrating their eligibility for the relief.The FTA also called on taxable persons, as well as…

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