Author: Editorial team

Emaar Properties reported a 26 per cent increase in first-half net profit to Dh11.15 billion, as revenue rose 21 per cent and property sales remained strong across its development portfolio.Revenue for the six months ended June 30 increased to Dh23.9 billion, from Dh19.8 billion a year earlier, while EBITDA rose 24 per cent to Dh12.9 billion. Net profit before tax increased 23 per cent to Dh12.8 billion.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The company recorded property sales of Dh26.6 billion during the first half, while its revenue backlog from property sales reached Dh164.9 billion,…

Dubai delivery riders will receive 5,000 health kits this month as authorities step up efforts to protect workers from heat exhaustion and heatstroke during the peak summer period. Dubai’s Roads and Transport Authority (RTA) has launched the ‘Safe and Healthy Summer for Delivery Riders’ campaign in collaboration with Keeta. The initiative will run throughout August and will combine health checks, safety awareness and the distribution of protective supplies. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The health kits will contain medical and protective supplies, as well as a hand fan and cooling towel to…

A24 has unveiled the first full-length trailer for ‘Primetime’, its upcoming true-crime psychological thriller led by Robert Pattinson as controversial television journalist Chris Hansen.Directed by Lance Oppenheim, the film explores the mid-2000s rise of NBC’s ratings phenomenon ‘To Catch a Predator’ while examining the ethical tensions behind its hidden-camera sting operations, as per Deadline.The trailer opens with Pattinson delivering Hansen’s instantly recognisable line, “Why don’t you have a seat right there?”As the hidden-camera investigations gain widespread popularity, the footage shifts into a psychological portrait of a television personality increasingly consumed by his own success. After learning that the segment is…

A stellar line-up has been announced for the Dubai Duty Free Shergar Cup which takes place at Ascot Racecourse, UK, on Saturday.Team Great Britain & Ireland captain, Saffie Osborne, will be joined by Ryan Moore one of the most decorated riders of all-time with over 200 Group 1 winners to his name and 23-year-old Dylan Browne McMonagle whose multiple high-profile successes across the globe in recent years include guiding Ethical Diamond to victory in the Breeders’ Cup Turf last November.  This year the reigning Irish Champion jockey completed the Oaks and Irish Oaks double aboard Thundering On and Johanna Walsh…

ABU DHABI, 7th August, 2026 (WAM) — XRG, ADNOC’s international investment arm, has built its chemicals portfolio on a clear strategic rationale. Through Borouge International, Covestro and Fertiglobe, it has assembled a portfolio of market-leading businesses with global operations, diverse end-market exposure and strong competitive positions. This combination reduces dependence on any single region, product or market cycle while extending ADNOC’s presence into higher-value chemicals, advanced materials and fertilisers. The second quarter of 2026 provided an early indication of how that strategy can translate into value creation. Across the portfolio, Borouge International, Covestro and Fertiglobe delivered resilient earnings, demonstrating the…

BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, has become the first financial institution in the UAE to connect to the Astana International Exchange (AIX) as a Market Making Member through Abu Dhabi Securities Exchange’s (ADX) Tabadul platform, marking another strategic milestone in the company’s regional expansion and reinforcing its commitment to advancing cross-border capital market connectivity. This milestone enables BHM Capital to provide market making services on AIX through ADX’s Tabadul platform, the exchange connectivity platform that facilitates seamless access between participating regional and international capital markets. As the first financial institution…

CAIRO, 5th August, 2026 (WAM) — The UAE national chess team concluded its participation at the Arab Youth Chess Championship in Cairo, Egypt, with 16 medals, including four gold, four silver and eight bronze. The UAE placed second in the overall standings behind hosts Egypt at the tournament, which attracted more than 400 players from 18 Arab countries and ran from 28th July to 5th August. Source: Emirates News Agency

If Montenegro has suddenly made it onto your summer travel wishlist, there’s good news for UAE residents. The Balkan country has introduced a temporary visa-free entry scheme for eligible residents, making it easier than ever to plan a quick European getaway. However, there’s one important thing to remember: your passport and not your Emirates ID ultimately determines how you can enter Montenegro. While the new exemption opens the door for many UAE residents, the rules differ depending on your nationality and residency status. What if you have an Emirati passport? For Emirati passport holders, travelling to Montenegro is relatively straightforward.…

EAST JERUSALEM, 7th August, 2026 (WAM) — Khalifa bin Shaheen Al Marar, Minister of State, inaugurated Phase One of H.H. Sheikha Fatima bint Mubarak Wing for Gynecological Surgery and Obstetrics at Al-Makassed Hospital in East Jerusalem, as part of the UAE’s continuing humanitarian support for the Palestinian healthcare sector. The initiative aims to enhance healthcare services for women and children and strengthen the hospital’s capacity to continue fulfilling its humanitarian and medical mission. Al Marar affirmed that the project is being implemented under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and reflects the UAE’s longstanding…

The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor market.Other data on Thursday showed worker productivity grew faster than expected in the second quarter, curbing gains in labor costs. The lack of labor market stress and contained wage pressures gave the Federal Reserve room to focus on the inflation fallout from the Middle East conflict, economists said. They said there were some signs that the adoption of artificial intelligence by businesses was raising productivity.Still, economists said the U.S. central bank could raise…