Author: Editorial team
The crisis triggered by Fifa President Gianni Infantino’s abandoned proposal to sell off a stake in the World Cup deepened on Tuesday with influential executives publicly distancing themselves from the project while scrambling to contain the damage. After three days of unprecedented civil war in the world of soccer administration last week, Infantino backed away from his plan to raise $4.2 billion from a new commercial rights body late on Friday night.The 56-year-old apologised for how the proposal, which would have brought private investment into the World Cup for the first time, had divided the game, but his once unassailable…
AJMAN, 4th August, 2026 (WAM) — Ajman University’s Bachelor of Science in Accounting has been awarded the CGMA Future-Ready Academic Validation Seal, an international distinction conferred by the Association of International Certified Professional Accountants (AICPA & CIMA). Awarded following a rigorous external review, the validation recognises programmes that prepare graduates for a profession being reshaped by artificial intelligence, digital transformation, sustainability, and data-driven decision-making. The recognition confirms that Ajman University’s curriculum aligns with the competencies underpinning the CGMA Professional Qualification, integrating digital technologies, analytics, integrated reporting, and sustainability throughout the student learning experience. Rather than treating these as emerging specialisations,…
Wynn Al Marjan Island, the multi-billion-dollar integrated resort rising on Ras Al Khaimah’s coast, will now open its doors next year with a slight delay as regional war continues to affect global supply chains and shipping insurance markets, a senior official said on Wednesday.“Construction at Wynn Al Marjan Island (is) progressing at a rapid pace. Wynn Resorts, alongside our partners in Ras Al Khaimah, are now pleased to announce that Wynn Al Marjan Island, the most exciting integrated resort to be developed in over a decade, will open its doors to guests in September of 2027,” Craig Billings, CEO of…
AMMAN, 4th August, 2026 (WAM) — Jordan and the United States signed a four-year strategic objectives agreement on bilateral cooperation at the Ministry of Planning and International Cooperation, Jordan News Agency (Petra) reported. The agreement, valued at $354.6 million, is the first of its kind with the current US administration and aligns with its new foreign assistance priorities. It will support Jordanian government efforts to implement national priorities under the Economic Modernization Vision (EMV). As for its scope, the agreement focuses on supporting national priorities by strengthening long-term water security, economic resilience, and self-reliance through programs and projects in water…
Bradley Cooper and Gigi Hadid have reignited speculation about the next chapter of their relationship after the couple was spotted wearing matching rings on their left ring fingers during a public outing in Paris, France.Cooper and Hadid were photographed walking together in the French capital on Monday, August 3, with both sporting thin matching bands on their left hands, as per Page Six.The appearance has sparked widespread discussion about whether the couple may have secretly tied the knot.Stay up to date with the latest news. Follow KT on WhatsApp channels.According to photos obtained by Page Six, Cooper and Hadid kept…
It was only five months ago in Dubai that American star Jessica Pegula could not stop admiring Alex Eala’s meteoric rise as a tennis player and the adulation she receives from her passionate, flag-waving Filipino supporters.Pegula had just won the Dubai Duty Free Tennis Championships singles title — her 11th WTA trophy.But the 32-year-old, daughter of American billionaire Terry Pegula, showed all her grace when asked about Eala, the young Filipina sensation who made a stirring run to the quarterfinals in Dubai.“We saw it here (in Dubai). You can hear it (the noise) from the (on-site) hotel. You can hear…
SHARJAH, 4th August, 2026 (WAM) — Sharjah Investment Forum (SIF) 2026 has secured Gulftainer as a strategic sponsor, bringing one of the region’s largest ports and logistics operators to the forefront of global discussions on supply chain resilience and economic competitiveness. Announced by the Sharjah FDI Office (Invest in Sharjah), the sponsorship reinforces the Forum’s ambition to connect high-level dialogue with the infrastructure, investments and public-private partnerships that will shape a more adaptive and resilient world at a time when governments and businesses face rapid shifts in the global economic landscape. Organised in collaboration with the UAE Ministry of Investment…
SHARJAH, 4th August, 2026 (WAM) — Dana Gas and Crescent Petroleum have commenced supplies of natural gas from the Khor Mor field in the Kurdistan Region to Iraq’s Ministry of Electricity in Kirkuk, to further support the electricity sector in Iraq. Based on an agreement signed last December with the Iraqi Ministry of Electricity, Dana Gas and Crescent Petroleum, as joint operator of the Kurdistan Gas Project, will supply 100 MMscf/d of gas from the Khor Mor gas processing facility to Kirkuk Taza power station for an initial term of one year to help improve power generation and services in…
There are few sensible reasons to venture outdoors during a Dubai summer. Dining, however, is one of them. On one particularly balmy evening, we headed to J1 Beach, which continues to quietly cement itself as Dubai’s most compelling collection of beach clubs and serious restaurants. It’s a destination that understands the difference between expensive and exceptional. This visit also happened to coincide with World Caviar Day — a celebration I confess had somehow escaped my diary until now. It did, however, remind me of my neighbour back in the tiny Northumberland village of Glanton, whose enduring claim to fame is…
Abu Dhabi-based food and beverage company Agthia Group reported a sharp rise in first-half profit as stronger cash generation, improved margins and lower debt strengthened its financial position, enabling the company to raise its interim dividend for a second consecutive period.The group said net profit for the six months ended June 30 reached Dh121.4 million, up 147.4 per cent year-on-year, while revenue increased 7.4 per cent to Dh2.6 billion. EBITDA rose 35.8 per cent to Dh310.5 million, with the EBITDA margin expanding by 250 basis points to 11.9 per cent.Second-quarter performance was also stronger, with revenue rising 11.9 per cent…