Author: Editorial team
As the first month of the Islamic calendar — Muharram — is set to begin for the lunar year 1448 AH, the crescent was spotted by the UAE’s Astronomy Centre during daytime on Monday, June 15. The crescent, which marks the start of the month, was captured in Abu Dhabi by the Khatm Astronomical Observatory at 11am. This means Muharram will officially begin on Tuesday, June 16, as per the Gregorian calendar. In the photo captured by the observatory team, the moon was 5.4 degrees away from the sun and its age was 5 hours and 35 minutes. Stay up…
MMG Group today announced a major evolution in its business model, building on the strong foundation established since its inception in Dubai in 2008. Through its two core divisions, MMG Art Production and MMG Artists, the company is strengthening its integrated creative, marketing, production, and talent representation capabilities to better serve premium brands, artists, and creative partners across the UAE, GCC, and Europe. Expanding Creative and Marketing Capabilities As part of this evolution, MMG Art Production is expanding beyond its traditional production focus to become a fully integrated Creative and Marketing division. This development reflects the company’s commitment to providing…
DUBAI, 16th June, 2026 (WAM) — Dubai International Financial Centre (DIFC) today announced that Oak Hill Advisors (OHA) a leading global credit-focused alternative investment firm, has received regulatory authorisation from the Dubai Financial Services Authority (DFSA). This follows OHA becoming the 100th hedge fund manager to be registered by the DIFC Authority, in late 2025. With approximately US$112 billion in assets under management as of 31st March 2026, OHA’s expansion into Dubai underscores the growing global significance of DIFC as the region’s preferred hub for alternative investment firms, asset managers, and financial institutions seeking access to regional and international markets.…
Private healthcare facilities in the UAE must now allocate half of their annual Emiratisation target to specialised healthcare roles, under a new amendment announced by the Ministry of Human Resources and Emiratisation. Under the new requirement, healthcare facilities must ensure that jobs allocated to UAE citizens are split equally between specialised healthcare professions and other skilled roles within the facility. MoHRE will begin assessing compliance with the new requirement from the beginning of 2027. Private healthcare establishments that fail to comply will be required to pay financial contributions. Stay up to date with the latest news. Follow KT on WhatsApp…
MEXICO CITY, 15th June, 2026 (WAM) — Sweden defeated Tunisia 5-1 today at Monterrey Stadium in Mexico in the opening match for both teams in Group F of the FIFA World Cup 2026. With the result, Sweden moved to the top of the group with three points, benefiting from the 2-2 draw between the Netherlands and Japan in the other Group F match. Source: Emirates News Agency
TOKYO, 16th June, 2026 (WAM) — The Bank of Japan (BOJ) raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price pressures from the energy shock caused by the conflict in the Middle East and the weakness of the yen. The BOJ decided to raise its short-term policy rate to 1 percent from 0.75 percent, the first rate hike since December 2025. Source: Emirates News Agency
DUBAI, 15th June May, 2026 (WAM) — Zayed University and the Zayed Education Foundation have announced the launch of a partnership to strengthen future cooperation across five strategic domains: student success, research and innovation, leadership development, professional growth, and community engagement. United by a shared commitment to the values and legacy of the late Sheikh Zayed bin Sultan Al Nahyan, the two institutions will work together to create practical opportunities for students, researchers and emerging leaders, while supporting the UAE’s wider ambitions in education, innovation and human development. Professor Dr. Kevin Hall, President and CEO of Zayed University, said, “This…
If you have lived in the UAE for a while, you know how holidays really get planned here. It rarely starts with official public holiday dates. Rather, it starts much earlier, with residents researching flights and making tentative plans — sometimes months in advance — in the hope that things fall neatly in place once official holidays are announced. Choosing where to go is usually not the difficult part. Timing is the harder aspect; figuring out when to commit. That uncertainty exists for one simple reason: not all UAE holidays have fixed dates. Unlike the UAE National Day or New…
A peace agreement between the US and Iran, expected to be signed in Switzerland on Friday, is offering fresh hope to UAE businesses and jobseekers after months of uncertainty caused by regional tensions. While the UAE remained economically resilient throughout the conflict, businesses faced higher operating costs, disrupted trade routes, softer tourism sentiment and delays in investment decisions as tensions escalated across the region. Many employers adopted a cautious approach, slowing expansion plans and postponing non-essential hiring. The development comes as US President Donald Trump announced that the Strait of Hormuz would be reopened and the US naval blockade of…
SHARJAH, 15th June, 2026 (WAM) — The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to supporting private-sector growth, highlighting the launch of the integrated logistics corridor linking Sharjah’s ports with ports in Oman through land border crossings as a strategic initiative to enhance regional trade and strengthen business competitiveness. SCCI said the project is designed to improve trade flows, expand logistics options for businesses and enhance regional supply chain efficiency. The Chamber added that it will continue supporting companies in maximising the benefits of the new logistics system. The remarks were made during the Sharjah Chamber’s regular…