Author: Editorial team

SHARJAH, 27th July, 2026 (WAM) — The Project Finance Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), of Sharjah Economic Development Department (SEDD), held its third meeting in 2026, chaired by Hamad Al Mahmoud, Chairman of the SEDD. Held at the SEDD’s headquarters, the Project Finance Committee reviewed the approved project funding balance for 2026 and a summary of funding decisions issued through the institution’s direct funding program and indirect funding through banks. Hamda Al Hammadi, a member of the Technical Committee for Project Financing, presented the list of projects that submitted funding requests and requested reconsideration of…

ABU DHABI, 27th July, 2026 (WAM) — Core42, a G42 company specializing in AI infrastructure, sovereign cloud, and digital transformation, has published a new whitepaper examining how organizations can scale artificial intelligence while maintaining control over cost, performance, and data sovereignty. Titled Efficiency Wins the Inference Era, the whitepaper focuses on the changing economics of AI inference, the process through which a trained model generates a response or completes a task each time it is used. As generative AI becomes embedded in daily business operations, each interaction consumes tokens, the units a model processes to interpret prompts and generate outputs.…

For nearly a decade, Obaid Ateeq Alkaabi dreamed of opening a coffee business. One harsh review almost made him give up on that dream for good. Coffee had always been part of his life. Growing up, he watched his family roast and prepare Emirati coffee at home, where serving guests was about far more than the drink itself. “My family used to roast and prepare Emirati coffee in front of us, and I grew up loving it.” His fascination deepened in 2015 after visiting a roastery that was experimenting with specialty coffee beans while preserving the traditions of Emirati coffee.…

Emirati investors ranked first in Sharjah’s real estate market, accounting for 50.6 per cent of the emirate’s total real estate trade value in the first half of 2026. According to a report by the Sharjah Real Estate Registration Department, UAE investors recorded Dh 14.9 billion in investments across 22,599 properties owned by 9,655 investors. More women involved in real estate While the vast majority of the investors were males, there has also been a growing number of female investors getting more involved in the real estate sector. Stay up to date with the latest news. Follow KT on WhatsApp Channels.…

Scrolling through social media this summer can feel like flipping through a never-ending holiday album. From European city breaks to beach escapes and family reunions abroad, travel posts have taken over many residents feeds. Even those who were perfectly content with spending the summer in the UAE can find themselves wondering whether they should have booked a flight after all. The feeling has become increasingly common. According to dnata Travel, nine in 10 overseas hotel bookings made by UAE residents this summer are for destinations abroad, while only six per cent of residents have no holiday plans at all. Stay…

ABU DHABI, 27th July, 2026 (WAM) — Yalla Financial Solutions on Monday announced that it has received an In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Retail Payment Services (RPS) Category II License, in accordance with the CBUAE’s Retail Payment Services and Card Schemes Regulation. The In-Principle Approval marks a significant milestone in Yalla Financial Solutions’ regional expansion strategy and reinforces the company’s commitment to delivering secure, innovative, and compliant payment solutions that support the UAE’s vision of becoming a global leader in digital finance and financial innovation. Once the remaining regulatory requirements are fulfilled…

DUBAI, 27th July, 2026 (WAM) — Aster Clinics UAE, the largest private primary care network under the Aster DM Healthcare GCC group, is strengthening its long-term commitment to the country through sustained expansion, enhanced clinical capabilities, and deeper community integration. Aster Clinics UAE plans to expand its network from 85 to over 100 facilities across the UAE by 2030, through a combination of multiple expanded clinics and new clinics. The expansion is expected to increase staff strength to 4,100 across the UAE and is backed by an investment commitment of AED100 million. The new facilities will introduce speciality centres, strengthen…

“What I remember most is walking for hours under the hot sun, moving from one place to another while searching for an opportunity to begin my modelling career. I came to the UAE with that dream in mind, not because I was looking for a conventional job.” Every day, Noor Yahya walked through Dubai with a portfolio in hand and a dream that many considered unrealistic. There were job interviews, endless casting calls, and hours spent under the scorching sun, all while documenting her journey online. The Sudanese creator refused to let rejection redefine her ambitions, even when the opportunities…

Abu Dhabi Police have warned residents of a rise in electronic fraud and financial scams during the salary payment period, urging the public to remain vigilant, avoid suspicious links and misleading offers, and deal only with official and trusted entities. Police said scammers use a range of tactics to target victims, including fake property listings, bogus residency and visa services, fraudulent job advertisements, fake labour supply offers, unauthorised insurance products, and false claims about vehicles seized by Abu Dhabi Customs. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Fraudsters also lure victims with fake investment…

DUBAI, 27th July, 2026 (WAM) — Dubai Islamic Bank (DIB) has launched its Jaywan Debit Card for current and savings account customers, supporting the wider adoption of a strategic national infrastructure initiative. Developed and operated by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan is designed to localise domestic card transactions, strengthen the resilience of the country’s payments infrastructure and support the secure processing of payment data within the UAE. The bank said that the initiative supports greater payment sovereignty, enhances the resilience of the national financial infrastructure and contributes to the UAE’s ambition to…