Author: Editorial team

The UAE has condemned in the strongest terms the attacks launched by the Houthi terrorist militia targeting the southern region of the Kingdom of Saudi Arabia with ballistic missiles. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these attacks constitute a flagrant violation of the sovereignty of Saudi Arabia and a threat to its security and stability. The Ministry reaffirmed the UAE’s full solidarity with Saudi Arabia and its support for all measures aimed at safeguarding its security and stability. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Yemen’s Iran-backed Houthis targeted…

ABU DHABI, 14th July, 2026 (WAM) — Tawazun Council for Defence Enablement has launched ‘Foresight’, a new quarterly bilingual magazine published in Arabic and English, establishing a UAE platform for strategic dialogue that brings together thought leadership, policy and industry to explore the trends shaping the future of defence, security, defence industries and advanced technologies. The magazine was unveiled during a ceremony held at Tawazun’s headquarters in Abu Dhabi, attended by senior government officials, representatives from defence, security and military entities, the Council’s strategic partners, leading academics and researchers, members of the defence industry, and representatives of friendly nations and…

ALMATY, 14th July, 2026 (WAM) — The UAE Jiu-Jitsu National Team, sponsored by Mubadala Investment Company, continued its impressive performances at the third Jiu-Jitsu Asian Youth Championship, held at Almaty Arena, claiming 12 medals in the Under-18 division, including four gold, two silver and six bronze. The latest results reinforce the UAE’s position among Asia’s leading jiu-jitsu nations, reflecting the country’s continued investment in athlete development and the UAE Jiu-Jitsu and Mixed Martial Arts Federation’s long-term vision to prepare generations of athletes to compete at the highest continental and international levels. The UAE athletes delivered stellar performances throughout the Under-18…

Dubai — Commercial Bank of Dubai (CBD) has priced a $550 million Additional Tier 1 (AT1) perpetual non-call 6-year capital securities issuance at a fixed rate of 6.625%. The transaction forms part of CBD’s capital management framework, consistent with Basel III regulatory capital requirements, and is intended to support the Bank’s growth while maintaining capital ratios in excess of UAE Central Bank regulatory minimums. Citigroup and Standard Chartered Bank acted as Joint Structuring Agents and Joint Global Coordinators, while CBD, Abu Dhabi Commercial Bank PJSC, Barclays, Citigroup, Emirates NBD Capital, First Abu Dhabi Bank, and Standard Chartered Bank acted as…

Big Ticket has revealed that four expats from Bangladesh and Armenia have bagged Dh100,000, in the first weekly e-draw of this month. These expats have shared their aspirations and plans for how they intend to use their winning amount of Dh25,000. One intends to save up for his daughter’s life and education, while another plans to open a new business. The first winner, Md Shafikul Islam, works in a car garage and has been living in the UAE for the past 16 years. Stay up to date with the latest news. Follow KT on WhatsApp Channels. After purchasing his first…

DUBAI, 14th July, 2026 (WAM) — Dealing.com, a global investing platform, has been awarded a Guinness World Records title for the Most Tokenised Stocks Available for Trading on a Single Platform, offering more than 24,000 tokenised stocks to investors. The title was presented to Tajinder Virk, Co-Founder and Chief Executive Officer of Finvasia Group and Dealing, by Mbali Nkosi, Official Adjudicator at Guinness World Records, during a ceremony attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, alongside government officials, investors, industry leaders and media representatives. The record followed an independent verification process that assessed platform data,…

PARIS/VIENNA, 10th July, 2026 (WAM) — Tadej Pogačar won stage 6 of the Tour de France and retook the Yellow Jersey as the leader of the general classification. The UAE Team Emirates-XRG went on a solo conquest on the Col du Tourmalet before riding to the day’s honours at Gavarnie-Gèdre. The victory marked Pogačar’s 23rd stage success at the Tour de France in seven editions, coming just three days after he won the stage to Les Angles. On the first day in the mountains of this year’s Tour, it was the Slovenian’s opportunity to impose his superiority over his rivals…

DUBAI, 14th July, 2026 (WAM) — The Ministry of Climate Change and Environment (MOCCAE) has launched the third edition of its Mustadeem programme, building on the success and strong participation achieved in the previous two editions. The programme forms part of the Ministry’s efforts to establish a comprehensive national platform that prepares the next generation of Emiratis to lead a sustainable future. Through immersive educational and field-based experiences, Mustadeem introduces school students to the fields of environment, sustainability and food security, broadening their knowledge, strengthening their practical skills and inspiring them to explore future academic and career pathways. The third…

Shukri Eid, General Manager, IBM Gulf, Levant and Pakistan. Enterprises embed AI deeper into core business operations, but most surveyed organisations remain locked into AI systems they cannot easily change, reinforcing the growing importance of AI sovereignty to maintain business continuity and performance, says a new global study by the IBM Institute for Business Value. Based on insights from 1,000 senior executives, The Calculus of AI Sovereignty study* reveals that 88% of surveyed executives in the UAE say switching their primary AI vendor or model would be difficult if they had to do it today, highlighting the extent of AI…

More than 25,000 low-income families across the UAE will continue to receive maintenance support for Hassantuk early fire-warning devices under an initiative backed by Dh10 million, as authorities step up efforts to improve home safety and protect lives. This comes as the ERC and the Ministry of Community Empowerment, in coordination with the Ministry of Interior, announced the continuation of maintenance services. No costs for families Maintenance of the safety and alarm devices will begin in 2026. Beneficiary families will bear no financial burden for the devices, upkeep, safety equipment, or annual subscription fees, in coordination with the relevant authorities.…