Author: Editorial team

The Sharjah Investment and Development Authority (Shurooq) has partnered with global hospitality operator Minor Hotels to manage and operate the Sharjah Collection, marking a new phase in the growth of the emirate’s portfolio of nature-based and heritage-inspired hospitality destinations. The agreement, signed during a ceremony at the House of Wisdom in Sharjah, will see Minor Hotels oversee the management of seven boutique retreats located across the emirate’s desert, mountain, coastal and heritage destinations. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The signing ceremony was attended by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of…

ABU DHABI, 3rd July, 2026 (WAM) — DDSC, the UAE dirham-backed stablecoin developed through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, has received a No Objection Certificate (NOC) from the Central Bank of the UAE (CBUAE) to go live on selected Virtual Assets Regulatory Authority (VARA)-regulated exchange platforms. The approval, granted upon fulfilment of the CBUAE’s requirements, marks another major milestone in the rollout of DDSC, paving the way for broader adoption of a regulated UAE dirham-denominated digital payment and settlement asset across the UAE’s digital economy. DDSC is pegged 1:1 to the UAE…

QINGDAO, China, 3rd July, 2026 (WAM) — The Sharjah Research, Technology and Innovation Park (SPARK) boosted its international profile through its participation in the 1st China–Shanghai Cooperation Organisation (SCO) Forum on Scientific, Technological and Innovation Cooperation, held in Qingdao, People’s Republic of China. The Forum brought together government officials, representatives of the SCO Secretariat, universities, research institutions, technology companies, investors, and entrepreneurs from SCO member states and partner countries. The event served as a high-level international platform to advance cooperation in science, technology, and innovation, promote joint research and development, accelerate technology transfer, encourage investment in future industries, and strengthen…

LONDON, 3rd July, 2026 (WAM) — Mohammed Ben Sulayem, President of the FIA (Fédération Internationale de l’Automobile), has affirmed his commitment to delivering the return of V8 engines to the FIA Formula One World Championship ahead of this weekend’s Pirelli British Grand Prix. The FIA President will be in attendance at Silverstone for one of the sport’s most historic races which is forecast to attract a record crowd of over half a million fans to the iconic circuit. “As we look to the future, the FIA is ensuring Formula 1 remains at the forefront of global motorsport development bringing thrilling…

BRUSSELS, 3rd July, 2026 (WAM) — In the first quarter of 2026, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €113.4 billion (+2.4% of GDP), compared with a surplus of €99.2 billion (+2.1% of GDP) in the fourth quarter of 2025 and a surplus of €104.9 billion (+2.3% of GDP) in the first quarter of 2025, according to estimates released by Eurostat, the statistical office of the European Union. In the first quarter of 2026 compared with the fourth quarter of 2025, based on seasonally adjusted data, the surplus of the goods account…

Sajida Begum was one of the hundreds of Indian expats who lined up in front of the Consulate General of India (CGI) for passport and consular services on Friday. She was in the queue to get the passport made for her 10-day old son. She said she was surprised by how seamless the procedure was. “I was expecting to wait for a long time in the heat, and I had taken my umbrella and mist fan,” she said. “But there were tents set up for the applicants. While we waited, the consulate staff brought us free tea and snacks. In…

On Friday, July 3, luck struck in a big way as Kanika Arora became the winner of a staggering Dh25 million—the grand prize in this month’s Big Ticket Abu Dhabi live draw. The life-changing prize went to Indian participant Kanika Arora, who lives in New Delhi, after her ticket number 476107, purchased on 30 June, was drawn as the winning ticket. The hosts Richard and Bouchra called the winner to share the exciting news, and she became very emotional on the phone, crying as she repeatedly expressed how happy she was. Stay up to date with the latest news. Follow…

DUBAI, 3rd July, 2026 (WAM) — The Emirati Supplier Programme, managed by the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), facilitated the awarding of more than AED1.78 billion in contracts to Emirati SMEs in 2025, marking a 38 percent increase compared to AED1.29 billion in 2024. The programme represents a key enabler of the Dubai Economic Agenda, D33. The latest results highlight the commitment of the Government of Dubai to empowering Emirati enterprises, further reinforcing their role in driving economic growth in line with the…

ABU DHABI, 3rd July, 2026 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, boarded a passenger train on a journey from Mohamed bin Zayed City Station in Abu Dhabi to Fujairah Station, just days after the beginning of scheduled passenger rail services in the UAE. The journey reflects the strong interest and support for one of the UAE’s most prominent strategic projects. It represents a transformative milestone in the transport sector and embodies the vision of its wise leadership in developing world-class infrastructure that enhances the quality of life. He was accompanied on the journey…

ABU DHABI, 3rd July, 2026 (WAM) — Etihad Airways is introducing an international summer deployment programme for its highest-performing Emirati airport trainees for the first time. Taking place immediately after the foundation phase of its Airports and Ground Operations Programmes, the deployment gives UAE Nationals the operational challenge, hands-on responsibility and international exposure to build careers across Etihad’s growing global network. The Airports and Ground Operations Programmes share a common foundation phase, built around hands-on operational experience at the airline’s award-winning hub, Zayed International Airport, and complemented by structured classroom learning. During this phase, trainees rotate through key frontline functions…