Author: Editorial team

SHARJAH, 16th July, 2026 (WAM) — Bank of Sharjah today announced its financial results for the six-month period ended 30 June 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last three years. The Bank recorded net profit of AED 362 million, up 35% from AED 268 million in 2025, reflecting strong revenue growth and disciplined execution across core businesses. Net operating income increased by 26% to AED 553 million, while net interest income grew by 45% to AED 465 million. Similarly, total capital ratio increased by 463 bps to 18.7%, while the cost-to-income ratio remained well…

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The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) uncovered a cemetery dating back to the large Wadi Suq era and the Late Bronze Age (c. 2000-1300 BCE) within the Pre-Islamic Qattarah Necropolis in Al Ain Region. This latest discovery offers significant insights into the enduring cultural practices and resourcefulness of ancient communities in the Arabian Peninsula. It also deepens the understanding of the region’s ancient past, strengthens cultural identity and underscores Al Ain Region’s importance as a Unesco World Heritage Site with a pivotal role in the development of prehistoric cultures. The Qattarah Necropolis, known for…

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Christopher Nolan’s The Odyssey arrives in theaters this Thursday, July 16, in preview screenings, bringing with it the kind of anticipation usually reserved for once-in-a-generation cinematic events. But for millions of moviegoers, there’s one unavoidable problem before they even buy a ticket: They simply can’t watch the film the way Christopher Nolan intended it to be seen. The Odyssey isn’t just another blockbuster released in IMAX. Stay up to date with the latest news. Follow KT on WhatsApp Channels. It is the first feature film in history shot entirely using IMAX 70mm film cameras, making every shot, composition, and visual…

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ABU DHABI, 16th July, 2026 (WAM) — The United Arab Emirates’ advanced technology and defence company, EDGE, today announced an agreement to acquire a 100% stake in AKAER, a Brazilian aerospace and engineering company with more than 30 years of experience delivering advanced products and solutions across the aerospace and defence sectors. The acquisition, which remains subject to customary conditions precedent and regulatory approvals, would give EDGE an established engineering base in Brazil and a highly skilled, multidisciplinary team spanning the full product lifecycle, from conceptual design through to industrialisation. It would strengthen EDGE’s ability to secure industrialisation timelines on…

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ABU DHABI, 16th July, 2026 (WAM) — AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, industry and logistics solutions, has signed a logistics partnership agreement with Abu Dhabi Marine Sports Club, under which AD Ports Group becomes the Official Logistics Partner of Team Abu Dhabi F1H2O for the 2026 UIM F1H2O World Championship. The agreement was signed by Sultan Al Ghaithi, Group Chief Human Resources Officer, AD Ports Group; and Thani Al Qamzi, Executive Director of Team Abu Dhabi and Modern Sports, Abu Dhabi Marine Sports Club, in the presence of senior officials and representatives from both…

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DUBAI, 16th July, 2026 (WAM) — Dubai Municipality honoured the winners of the third edition of the “Dubai’s Most Beautiful Sustainable Home Garden” competition, recognising their outstanding adoption of sustainable landscaping practices and innovative home garden designs that combine aesthetic value, environmental efficiency, and the responsible use of natural resources. The competition supports Dubai Municipality’s efforts to engage the community in beautifying the city, expanding green spaces, and promoting environmental sustainability, in line with the Dubai 2040 Urban Master Plan and Dubai’s vision of becoming a more sustainable, attractive, and liveable city. The third edition attracted more than 100 home…

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Dubai’s Roads and Transport Authority are now offering autonomous taxi services to the public for Dh5. These services, available only in Umm Suqeim and Jumeirah for now, are being offered in partnership with Apollo Go. Earlier, this service on the Apollo Go app, was available free of charge. Khaleej Times earlier reported that these rides were, however, chargeable on the Uber app, signalling that this novelty would soon become part of residents’ everyday lives. Autonomous taxis operate through an integrated software system powered by artificial intelligence, high-definition digital maps, and deep learning algorithms, enabling real-time data processing and decision-making during…

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A viral social media trend encouraging children to heat ‘slime’ in microwave ovens has triggered a warning from Dubai Police, with doctors in the UAE cautioning parents that the seemingly harmless experiment can lead to serious injuries. Authorities recently advised families to remain vigilant after videos promoting the practice began spreading online. With children spending more time at home during the summer break and exploring activities to stay entertained, experts warn that heating slime can cause dangerous chemical reactions, producing hot vapours and heated materials that may splatter, trigger burns, or even lead to small fires. Healthcare professionals say children…

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DUBAI, 16th July, 2026 (WAM) — The Federal Tax Authority (FTA) launched the Emirates Majalis initiative under the slogan “Closer to Each Other”, during its inaugural session held at Al Khawaneej Majlis, in the presence of Abdulaziz Al Mulla, Director General of the FTA, and a number of UAE nationals. The initiative comes as part of the Authority’s commitment to strengthening direct and effective communication with UAE citizens, listening to their enquiries and suggestions, and fostering stronger community engagement. During the session, he addressed a range of topics of interest to citizens, listened to the attendees’ comments and enquiries, and…

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SHARJAH, 16th July, 2026 (WAM) — H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, presided over the Council’s meeting this Thursday morning at the Sharjah Broadcasting Authority headquarters. H.H. praised the efforts and achievements of the emirate’s media institutions, which drive the advancement of the media landscape and play a vital role in projecting Sharjah’s image. He noted that their work highlights the emirate’s civilisational, developmental, and cultural accomplishments, reflecting its core vision and mission of serving humanity and society. H.H. stressed the importance of continuously advancing the…

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