Author: Editorial team

Gold edged lower on Monday as uncertainty over the war in the Middle East and concerns over rising inflation lingered, with markets also watching a slew of job reports this week to gauge the U.S. Federal Reserve’s policy path.Spot gold fell 0.1% to $4,037.01 per ounce by 12:37 p.m. EDT (1637 GMT), while U.S gold futures for August delivery dropped 0.3% to $4,035.80.”Gold has been stuck in a trading range for more than a month now roughly between $4,000-$4,200. Providing support is the fact that the market could be expecting a resurgence in inflation, especially in July when fresh data…

Pakistani women’s cricket captain Fatima Sana met England and Real Madrid star Jude Bellingham on the sidelines of Birmingham Phoenix’s The Hundred fixture at Edgbaston on Saturday, August 1, before sharing a photo of the encounter on Instagram.Jude Bellingham was at the ground in his role as a minority part-owner and investor in Birmingham Phoenix.Stay up to date with the latest news. Follow KT on WhatsApp channels.Sharing a carousel of photos on Instagram, Sana posted a picture with the Real Madrid midfielder, who recently became an internet sensation following the viral “Jude aura” trend.”What a day at Edgbaston. Our first…

Alexandra Eala capped her giant-killing run at the Washington Open with a 4-6, 6-4, 6-0 victory over top-seeded Jessica Pegula on Monday to become the first player from the Philippines to win a WTA title.Eala, ranked 28th, overpowered Pegula over the final two sets as play resumed in the final suspended after lengthy weather delays on Sunday.Playing in her second final, after a runner-up finish at Eastbourne last year, the 21-year-old left-hander produced a rock-solid service display and an impressive array of winners to deny third-ranked Pegula a 12th career title and a third this year.The scoreboard showed a match…

SHARJAH, 3rd August, 2026 (WAM) — The Sharjah Museums Authority (SMA) has extended its Summer Season 2026 programme into August, following a series of activities that kicked off in July, including a series of educational and interactive events for children and families. The season is designed to encourage learning, discovery and creativity during the school holidays. Sharjah Aquarium is running its annual Junior Aquarist Programme from 3rd to 6th August, aimed at children aged nine to 13. Participants get a hands-on look at what marine biologists actually do, following feeding routines for the aquarium’s sea creatures and learning how life-support…

DUBAI, 3rd August, 2026 (WAM) — Dubai is set to host the 22nd edition of ‘IPS 2026’ from 7th to 9th September 2026 at the Dubai World Trade Centre. Organised by Strategic Exhibitions and Conferences, with the support and strategic partnership of Dubai Land Department, the exhibition will bring together leading investors, real estate developers, government entities, financial institutions, policymakers, and industry experts from around the world. IPS 2026 is a leading international platform that brings together key stakeholders in the real estate sector, providing a dynamic forum for knowledge exchange and showcasing the latest projects and investment opportunities. The…

Abu Dhabi’s Aleria has announced a major expansion of its sovereign AI infrastructure with NVIDIA technology, with a new deployment bringing up to 16,000 Nvidia Blackwell Ultra AI chips to the US and 28 racks of next-generation DGX Vera Rubin systems to the UAE— one of the first regional installations of the platform.The deployment will be achieved through a partnership between Aleria and US tech firms Nvidia and DDN. Aleria infrastructure, which is built on Nvidia compute and DDN storage architecture, is already operational in both US and UAE.”Sovereign AI infrastructure provides nations and regions critical resources for managing their…

For Abdelrahman Bin Kannoun, business is never far from his mind.Whether he is sitting in a café, walking through a shopping centre, or scrolling through social media, he is constantly analysing businesses, how they operate, what they are doing well, and where they could improve.That curiosity led him to launch several businesses over the years, including Chibi, but more importantly, it has shaped the advice he now shares with aspiring entrepreneurs across the UAE.His entrepreneurial journey began in 2021 with a cup selling business he started alongside two school friends, Suhail and Sultan. Each partner had a different role, but…

The Washington Open women’s final between Jessica Pegula and Alexandra Eala was suspended in the second set and pushed back to Monday due to rain, while matches at the Canadian Open in Toronto and Montreal were also rescheduled due to the weather.The Washington final was delayed by three hours before play got under way on Sunday, with American Pegula taking the opening set 6-4 and the Philippines’ Eala leading 2-1 in the second when the match was halted due to rain.The men’s final between American Taylor Fritz and Spain’s Rafael Jodar was also moved to Monday.”Matches have been cancelled for…

ABU DHABI, 3rd August, 2026 (WAM) — The Federal Tax Authority (FTA) has emphasised that Taxable Persons eligible for the Small Business Relief must continue to fulfil all their obligations under the Corporate Tax Law for each tax period. These obligations include registering for Corporate Tax, submitting simplified tax returns, and maintaining all relevant records to support the accuracy of the information provided in their tax returns or any other documents required to be submitted. Such records enable the FTA to verify Revenue, Taxable Income and the eligibility for the Small Business Relief for Corporate Tax purposes. The FTA called…

SHARJAH, 3rd August, 2026 (WAM) — SANED Facility Management organised a specialised session titled “Advancing the Future of Safety Through AI Innovation”, in collaboration with Sharjah Police General Command and the Sharjah Civil Defence Authority, as part of its efforts to promote the adoption of smart solutions and advance safety and security systems in line with the latest global practices. The session brought together a distinguished group of experts and specialists, with the participation of several CEOs from Sharjah Asset Management’s subsidiaries, alongside officials and representatives from Sharjah Police General Command and the Sharjah Civil Defence Authority, to showcase the…