Author: Editorial team
SHARJAH, 12th August, 2026 (WAM) — Investments by Emirati youth in Sharjah’s real estate sector reached a cumulative value of AED 4.3 billion as of August 2026, through 7,052 properties traded by 5,314 young individuals. This reflects their growing position as strategic partners and their strong confidence in the attractiveness of the emirate’s economic and legislative environment. The statistical figures released by Sharjah Real Estate Registration Department coincide with the celebration of International Youth Day on 12 August, highlighting the pivotal role played by the nation’s youth in strengthening the real estate sector and their growing investment awareness, which has…
ABU DHABI, 12th August, 2026 (WAM) — The UAE Football Association (UAEFA) has announced the appointment of Croatian coach Zlatko Dalić as head coach of the senior national team for the next phase, succeeding Romanian Cosmin Olăroiu. “Welcome, Zlatko Dalic. The UAE Football Association is pleased to announce the appointment of the Croatian as the new Head Coach of the UAE National Team,” the UAEFA posted on X. The association will announce details of the Croatian coach’s contract, on Thursday, during a press conference at its headquarters in Dubai, attended by association officials and media representatives. The conference is expected…
DUBAI, 12th August, 2026 (WAM) — Marking International Youth Day, Majra – National CSR Fund, the national umbrella for Corporate Social Responsibility (CSR), organised a Youth Circle titled “The Family and the Future of Youth: From Formation to Cohesion” on 12 August 2026 at Emirates Towers, Dubai. The event forms part of Majra’s Youth Circles series and aims to equip young people with the knowledge needed to make informed decisions that contribute to building resilient families, strengthen social cohesion, and support the UAE’s Sustainable Impact Ecosystem. The event also reflects Majra’s commitment to empowering youth as partners in co-creating national…
Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services in a Rs182.68 billion ($1.92 billion) deal, as the U.S. lender expands its presence in India’s fast-growing financial sector.The deal extends a recent run of large foreign investments in Indian banks and non-bank lenders, which are seeing a strong demand for credit and low loan delinquency rates.Recent deals include Japan’s MUFG investment in Shriram Finance, Dubai-based bank Emirates NBD’s 60% stake purchase in RBL Bank and Sumitomo Mitsui Financial Group’s investment in Yes Bank.Bank of America will become a joint…
Margaret Qualley and Callum Turner’s remake of the 1981 supernatural thriller Possession is set to hit theatres on June 11, 2027, according to Variety.Paramount has scheduled the film for a theatrical release next summer, where it will open alongside Universal’s live-action How to Train Your Dragon 2.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Smile director Parker Finn is adapting the cult horror film, which follows the troubled relationship between a spy and his wife after she asks for a divorce and begins exhibiting increasingly disturbing behaviour.The original Possession, written and directed by Polish filmmaker Andrzej…
A controversial study analysing excess deaths during the Covid pandemic, which was widely criticised for lending credence to vaccine scepticism, has been retracted, the British journal’s publisher announced Wednesday. The study, published in the journal BMJ Public Health in 2024, was retracted “on the grounds of misinformation on causes of death and limited original work conducted by the authors”, the BMJ Group said in a statement. The study suggested that the number of excess deaths in the West remained abnormally high even after the peak of the Covid-19 crisis had passed. Stay up to date with the latest news. Follow…
Croatian manager Zlatko Dalic has been appointed coach of the United Arab Emirates, the country’s football association (UAEFA) said on Wednesday.The 59-year-old left his role as Croatia coach in July after their World Cup campaign ended in the round of 32 with a 2-1 defeat by Portugal.”Welcome, Zlatko Dalic. The UAE Football Association is pleased to announce the appointment of the Croatian as the new Head Coach of the UAE National Team,” the UAEFA posted on X.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Dalic returns to the UAE, where he led Al Ain to the…
SHARJAH, 12th August, 2026 (WAM) — As part of its efforts to strengthen relations with private-sector partners and provide the support needed to develop and sustain Sharjah’s business sector, the Sharjah Economic Development Department (SEDD) has announced a joint initiative with Al Teneiji Group. The initiative will provide offices at Al Teneiji Business Centre for branches of foreign companies seeking to invest in the emirate. It builds on an earlier initiative that made offices available to start-up investors. The department said the initiative represents a strategic step towards equipping companies with the tools and resources they need to improve their…
DUBAI, 12th August, 2026 (WAM) — The Artificial Intelligence Office, in collaboration with the Mastercard Centre for Advanced AI and Cyber Technology in Dubai, announced the selection of six AI startups to advance to the next stage of the inaugural edition of Mastercard Lighthouse UAE. The milestone reflects the joint commitment of both organisations to supporting high-potential startups, accelerating their growth, and transforming their technological innovations into scalable enterprise solutions capable of competing in global markets. The selected startups are Loyyal, NewForm Technologies, NodeShift, Polynome, Valura.Ai and zypl.ai. As part of the programme, they will participate in an intensive four-month…
As investment into femtech surges, more women in the GCC region are using smart devices to track their menstrual cycles and fertility. “Women are actively looking for tools that help them better understand their bodies and make informed decisions about their health,” said Dr. Ami Bhatt, Chief Medical Officer at wearable health tracker company Whoop. She said that according to the company’s data, menstruation is the second-most frequently logged behaviour among users in the GCC — one of the highest rates of menstrual logging globally. The surge in demand coincides with a broader boom in femtech investment. The sector attracted…