Author: Editorial team

ABU DHABI, 5th August, 2026 (WAM) — ADNOC Distribution delivered record first-half results, with net profit rising 59 percent year-on-year (YoY) to $568 million and reported EBITDA increased 39 percent to $786 million, reflecting strong operational performance and inventory gains during the period. Underlying EBITDA increased 14 percent YoY to $603 million. Performance was supported by record fuel volumes, continued network expansion, inventory gains and sustained growth in the higher-margin non-fuel retail (NFR) segment. Fuel volumes reached a record 7.75 billion litres, supported by network expansion, as well as resilient retail and commercial demand. ADNOC Distribution’s fuel retail network, spanning…

DUBAI, 6th August, 2026 (WAM) — The Emirati Educator Forum has reaffirmed Dubai’s commitment to strengthening its position as a leading global destination for the teaching profession by investing in national talent and empowering Emiratis to help shape the future of private education. Organised by the Knowledge and Human Development Authority (KHDA), the forum brought together around 100 Emirati teachers from private schools and early childhood centres as part of the implementation of the Emirati Educator Strategy for the private education sector. The strategy aims to increase the number of Emiratis working in the sector to 3,000 by 2033. The…

Abu Dhabi’s prime office space availability dropped to just 0.1 per cent in the second quarter of 2026, highlighting the severe shortage of premium workspaces in the capital as strong occupier demand continued to drive rental growth across the UAE, according to JLL’s latest market report.Overall office vacancy in Abu Dhabi remained highly constrained at 1.4 per cent during Q2, with sustained business demand pushing rental contract registrations up 5.4 per cent year-on-year and renewals increasing 7.1 per cent.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The limited availability of prime office stock resulted in an…

Avengers: Doomsday will reportedly leave Marvel fans with plenty to talk about, as the highly anticipated blockbuster is said to end on a major cliffhanger that leads directly into Avengers: Secret Wars.During an interview with Collider, Anthony Mackie teased the film’s ending, saying the story “really pushes the boundaries.””The cliffhanger at the end, the last moments of the film, it really builds and sets us up for a way for the continuation of the Marvel saga, which is really exciting,” Anthony said.Stay up to date with the latest news. Follow KT on WhatsApp channels.The actor also hinted that audiences should expect high stakes…

Fifa said on Wednesday it had apologised to its member associations for mistakes made over its abandoned proposal to sell commercial rights linked to the World Cup, as the governing body’s leadership reaffirmed its support for president Gianni Infantino after a crisis meeting in Morocco.Following the meeting in Rabat, attended by Infantino, secretary general Mattias Grafstrom and members of Fifa’s management board, Fifa said its leadership had reaffirmed its full support for the president while acknowledging that the handling of the withdrawn Fifa Forward Enterprise proposal should have been different.In a statement, Fifa said a separate letter had been sent…

DUBAI, 5th August, 2026 (WAM) — Emirates and South African Airways (SAA) on Wednesday announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the start of a reciprocal codeshare agreement between both carriers. The expanded partnership opens more destinations across central and southern Africa, simplifying connectivity for customers. Since launching their codeshare agreement, Emirates and SAA have operated on a unilateral basis, with SAA placing its code on Emirates-operated flights between Dubai and Johannesburg, Cape Town, and Durban, as well as interline access to 68 Emirates destinations worldwide via Dubai. With regulatory approvals secured, the…

Dubai will introduce a dedicated rental index for shared housing units under the emirate’s new law regulating this segment of the property market.The Dubai Land Department (DLD) will be responsible for establishing and periodically updating the index, according to Practical Guidance published by LexisNexis Middle East on the recently issued shared housing law (Dubai Law No. 4 of 2026). Announced in March, the new law will take effect at the end of August.Stay up to date with the latest news. Follow KT on WhatsApp Channels.The index will take into account the technical and service specifications of individual shared housing units,…

Oscar-winning actress Viola Davis is set to star in the upcoming Paramount+ thriller series Ascent, which has officially been greenlit, according to Variety.Set in the high-stakes world of global corporate crisis management, Ascent follows elite corporate fixer Catriona Vail, played by Davis, who is forced to turn her ruthless professional skills into personal survival when her estranged daughter is placed in danger.According to the official logline, the series is “set in the dangerous world of global corporate crisis and damage control.” Davis’ character “must weaponise the ruthless skills that have made her indispensable to billion-dollar clients when her estranged daughter…

As Fifa President Gianni Infantino battles the biggest challenge of his decade in power, two of the most prominent voices in the revolt against him have been women. Wales’ Laura McAllister and Norway’s Lise Klaveness, the only women on Uefa’s executive committee, have emerged as outspoken critics of Infantino during a crisis sparked by his failed attempt to push through a private equity-backed venture known as Fifa Football Enterprises (FFE).The backlash has ignited discussion about whether football, long dominated by male administrators, could be ready for a woman to lead the global game.”It would be wonderful to see a woman…

ABU DHABI, 5th August, 2026 (WAM) — The Abu Dhabi Chamber of Commerce and Industry (ADCCI) today released its June 2026 report, Abu Dhabi’s Positioning in the Hydrogen Economy, which identifies Abu Dhabi as one of the most strategically advantaged territories in the global hydrogen race. The report, produced by the Chamber’s Business Intelligence Department, comes at a time of global recalibration in hydrogen ambitions, as global policy uncertainty slows progress in several markets. In contrast, Abu Dhabi is advancing from policy commitments to operational projects, supported by strong fundamentals and targeted investments. The report finds that the UAE benefits…