Author: Editorial team
ABU DHABI, 9th July, 2026 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, visited Salem Al Shuaibi Gold & Jewellery Factory at KEZAD in Abu Dhabi, where he toured the facility and was briefed on its advanced production lines, gold and jewellery design, manufacturing and finishing processes, as well as its smart operational systems. The visit underscores Sheikh Nahyan’s continued commitment to supporting the industrial sector, promoting advanced manufacturing, and encouraging national projects that strengthen the UAE’s position as a global hub for industry and innovation. Upon his arrival, Sheikh Nahyan was welcomed by Salem…
As OMODA & JAECOO continues accelerating its expansion in the UAE, the brand has reached another significant global milestone with the JAECOO J7 ranking as the No.1 in the UK during the January-May period this year, highlighting the growing international recognition of its self-developed Super Hybrid System (SHS) technology. The achievement comes as OMODA & JAECOO continues building strong momentum across the UAE, where the brand has surpassed 5,000 vehicle sales since entering the market. Supported by a rapidly expanding retail network, including the recently opened flagship showroom at Oasis Mall on Sheikh Zayed Road in Dubai, dedicated regional operations…
Over 900 counterfeit products have been seized in Fujairah since the start of this year, as the emirate’s municipality carried out inspection campaigns. The confiscated counterfeit products include luxury brands and items like clothing and footwear. The authority revealed legal action has been taken against the violators, reaffirming its commitment to protecting consumers and preventing the circulation of counterfeit goods in the market. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The first campaign, that took place in January 2026, led to the seizure and confiscation of a number of counterfeit trademarked products. Meanwhile, the…
EDMONTON, Alberta, 9th July, 2026 (WAM) — Facebook and Instagram parent Meta said Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence data centre in Canada and its largest outside the United States. The facility will be built in Sturgeon County, Alberta, and powered by a natural gas-fired plant. Meta said the data centre will use a closed-loop cooling system that won’t draw water from surrounding sources. The company also plans to invest US$42 million in local infrastructure, including roads and water systems. Source: Emirates News Agency
WORLD CAPITALS, 9th July, 2026 (WAM) — The US dollar held firm against most major currencies on Thursday. The US dollar index, which measures the currency against a basket of six peers, was little changed at 100.96. The dollar fetched 162.41 yen, hovering near the strongest level since 1st July. The euro and the British pound were largely flat and traded at $1.1426 and $1.3392, respectively. The New Zealand dollar remained well bid after the previous day’s rate hike and the central bank’s hawkish stance, extending its gains by 0.5 percent to $0.5725. The Australian dollar added 0.1 percent at…
SHARJAH, 8th July, 2026 (WAM) — Sharjah Maritime Academy (SMA) has signed a Memorandum of Understanding (MoU) with Seamaster Maritime Group in a strategic step aimed at strengthening cooperation in maritime education and training, developing national talent, and expanding practical learning opportunities for students to better align academic outcomes with the evolving needs of the maritime industry. The MoU was signed by Dr. Hashim Abdullah Bin Sarhan Al Zaabi, Chancellor of Sharjah Maritime Academy, and Ramee Rashid, Director of Seamaster Maritime Group, reflecting both parties’ commitment to fostering stronger collaboration between academia and industry while supporting the development of a…
Samsung Electronics recently forecast a record-breaking Q2 quarterly operating profit and a revenue of more than KRW171 trillion ($113 billion). This increase has been driven by the global demand for AI memory chips. The company expects average operating profit of KRW89.4 trillion compared with KRW4.7 billion in Q2 2025. This is a 19-fold increase, as demand for semiconductors driven by the AI boom continues to outstrip supply. Samsung’s operating profit has now risen to record levels for three quarters in a row. Revenue is forecast to be more than double the KRW74.6 trillion recorded in Q2 2025. Samsung is due…
The offices of Alhind Global Services in various parts of the UAE wear a deserted look as the rollout of the Indian consular services drag on due to a legal battle. As of July 1, these offices should have been bustling with a flurry of activity. However, the issue is delaying the operator’s takeover of the outsourcing services. A visit to the company’s CPV application centre in UW mall showed an empty office where staff ran simulations of token numbers and waiting times. Waiting chairs, as well as more than half the staff desks, lay empty at the largest of…
ABU DHABI, 8th July, 2026 (WAM) — The UAE has joined the International Science Council (ISC) for the first time, with the Advanced Technology Research Council (ATRC) appointed as its national representative, marking a significant step in the country’s engagement with the global scientific community and policy dialogue. The ISC is the largest independent, non-governmental international organisation focused on bringing together more than 250 scientific bodies worldwide, including national science academies, research councils, and international scientific unions and associations. Together with the World Federation of Engineering Organisations, the ISC serves as a co-convenor of the Scientific and Technological Community Major…
ABU DHABI, 7th July, 2026 (WAM) – UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received the winners, working teams, and organising committees of the Open Masters Games Abu Dhabi 2026, accompanied by His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the Higher Organising Committee for the Open Masters Games Abu Dhabi 2026. His Highness the President congratulated the winners and engaged in cordial conversation with them. He stated that their outstanding participation reflected a strong awareness of the importance…