Author: Editorial team

Before Kapil Dev emerged as a supreme fast-bowling all-rounder who had a beautiful outswing and an equally beautiful bat swing with which he put some of the most feared bowlers of his time to the sword, India was always known as the land of spin bowling.Unlike most Test-playing nations until the late 1970s, India traditionally banked on their spinners’ turn and guile, especially on the slow wickets at home, to trap rival teams.Spinners such as Bishan Singh Bedi, Erapalli Prasanna, Bhagwat Chandrasekhar, Anil Kumble and Harbhajan Singh would not have become iconic figures if their wonderful bowling spells had not…

DUBAI, 5th August, 2026 (WAM) — Salik Company PJSC (“Salik” or the “Company”), the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (“Q2 2026” and “H1 2026”). Total revenue for H1 2026 reached AED1,412.0 million, while EBITDA amounted to AED975.6 million, with an EBITDA margin of 69.1%. Consequently, net profit reached AED 704.0 million during H1 2026, with a net profit margin of 49.9%. Mattar Al Tayer, Chairman of the Board of Directors of Salik, affirmed that the first-half results reflect the resilience of Salik’s business…

DUBAI, 5th August, 2026 (WAM) — In line with the Dubai Quality of Life Strategy, Dubai Culture and Arts Authority (Dubai Culture) continues to celebrate Dubai as a global city of creativity, innovation, and cultural diversity through its School of Life initiative. Throughout August, Dubai Public Libraries will host 39 workshops and creative sessions to instil Dubai’s philosophy of action in future generations by transforming ideas into meaningful achievements with speed, excellence and precision. Through its clubs and specialised workshops, the School of Life initiative offers children, families and adults the opportunity to explore visual arts, handicrafts, languages, music, nutrition,…

Egypt’s remittance sector is attracting growing investment as financial institutions and fintech companies race to modernise the channels through which millions of Egyptians abroad send money home, a market that remains one of the country’s most important sources of foreign currency.The latest sign of that trend comes from EFG Finance, the non-bank financial services arm of EFG Holding, which this week outlined expansion plans for Balad, a remittance infrastructure company in which it holds a controlling stake. The move reflects increasing investor interest in the digital infrastructure underpinning cross-border payments rather than the consumer-facing transfer business itself.Founded in 2022, Balad…

DUBAI, 5th August, 2026 (WAM) — Aramex (DFM: ARMX) today announced its financial results for the second quarter (Q2) and first half (H1) ending 30 June 2026. For the first half of 2026, EBIT increased by 46% to AED 139 million, with EBIT margin expanding to 4.1% from 3.1% compared with normalized H1 2025 results, while net profit reached AED 64 million, compared with normalised net profit of AED 33 million in H1 2025, reflecting stronger operating performance across the business and the measurable contribution of Accelerate28 initiatives. Aramex’s revenue growth accelerated materially in Q2 2026, with Group revenues increasing…

The search for the next James Bond is entering its final stages, with producers hinting that fans may finally learn who will succeed Daniel Craig as 007 before the end of the year.After years of speculation, Bond producer Amy Pascal suggested an official casting announcement could come in the coming months, while stressing the team is taking its time to find the right actor to lead the franchise.Speaking to Deadline about the progress of Bond 26, Amy said the production is being “really, really methodical” as it searches for its next leading man.Stay up to date with the latest news.…

Australia will again opt for a training camp ahead of the five-Test tour of India rather than play a traditional warmup match before attempting to end a 22-year wait for a Test series victory on the subcontinent.Australia also chose not to play a tour match before the 2023 series, instead training on specially-prepared, spin-friendly pitches in Bengaluru before the opening Test.The decision drew scrutiny after India won the Nagpur opener by an innings and 132 runs, setting the tone for a 2-1 series victory that allowed the hosts to retain the Border-Gavaskar Trophy.Head coach Andrew McDonald said Australia would scout…

DUBAI, 5th August, 2026 (WAM) — Dubai is ranked second globally in the Intelligent Cities Index published by the Boston Consulting Group (BCG), which evaluated 61 cities across 39 countries. The ranking reaffirms Dubai’s global leadership in harnessing advanced technologies and AI to enhance quality of life, elevate government services, and facilitate business, reflecting the emirate’s success in building a human-centric, future-ready digital city. Published for the first time by Boston Consulting Group, the index evaluates the maturity of cities in deploying digital technologies and AI to deliver tangible outcomes for residents and businesses. It assesses 61 major cities across…

Abu Dhabi-based global investment company IHC on Wednesday said profit after tax reached Dh26.2 billion during the first half of 2026, compared with Dh8.9 billion in the corresponding period of 2025, an increase of 195.6 per cent, helped by growth across different verticals and investment income generated within the financial services segment.Total assets increased by 9.6 per cent to Dh469.7 billion, while total equity rose by 7.0 per cent to Dh268.3 billion. Owner’s equity increased by 8.6 per cent to Dh165.9 billion.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Cash and bank balances stood at Dh72.9…

Ariana Grande has reassured fans that her decision to step away from the spotlight after her Eternal Sunshine tour is one she made long before the recent wave of online speculation about her appearance, insisting that the break is a positive and carefully considered choice rather than a reaction to criticism.The Grammy-winning singer spoke directly to concertgoers during a recent show, days after her team confirmed she would take a hiatus from public facing work once her tour concludes in London on September 1.”I just wanted to speak to my friends directly tonight because I love you so much,” Ariana told the…