Author: Editorial team
RAS AL KHAIMAH, 10th June, 2026 (WAM) — Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem. The partnership was formalised during a signing ceremony at Compass Coworking Centre between MBRIF Head Shaker Zainal and RAKEZ Chief Government & Corporate Relations Officer Yaser Abdulla Al Ahmed. The collaboration reflects a shared commitment to helping innovative businesses access funding support, ecosystem connections, and growth opportunities that enable long-term scalability and…
ABU DHABI, 10th June May, 2026 (WAM) — The second edition of the UAE Games 2026 concluded today in Abu Dhabi following several days of sports competitions and community activities that reflected the values of inclusion and empowerment. The Games brought together more than 1,000 athletes with intellectual and developmental disabilities representing clubs and centers from across the UAE, alongside international delegations, guests and partners from various sectors. Competition results saw Abu Dhabi Sports Club for People of Determination, part of Zayed Authority for People of Determination, top the overall standings with 62 medals and placements. Al Thiqah Club for…
DUBAI, 10th June, 2026 (WAM) — Dubai Islamic Bank (DIB), rated A3 by Moody’s and A by Fitch, has successfully priced a US$1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250 percent, equivalent to a reset spread of 191.10 basis points over the interpolated US Treasury rate. The transaction reflects strong investor confidence in DIB’s robust credit fundamentals, resilient profitability, and prudent capital management framework. Executed against a challenging geopolitical backdrop, the issuance attracted significant demand from regional and international investors, reaffirming the bank’s credit strength and strategic market positioning. DIB successfully raised US$1…
SHARJAH, 10th June May, 2026 (WAM) — Sharjah Airport has achieved Level 4 accreditation under the Airport Carbon Accreditation programme, administered by Airports Council International (ACI), marking a milestone that reflects its continued progress in sustainability and climate action. The accreditation was awarded at the ACI Asia-Pacific & Middle East Regional Assembly, Conference and Exhibition, held in Bangkok, Thailand, from 12 to 14 May 2026. The achievement reflects Sharjah Airport’s continued progress in aligning its carbon management strategies with global climate goals by delivering absolute emissions reductions and strengthening collaboration with partners across the airport ecosystem, as part of the…
Dubai launched an authority for health longevity on Wednesday, June 10, set to be chaired by the emirate’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. The Dubai Longevity Authority will work to accelerate efforts to develop a world-class ecosystem that embraces the latest medical solutions, biotechnologies, and life sciences. It will also build an integrated framework that brings together scientific research, innovation, investment, and global partnerships to create a healthier future for humanity. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In an announcement, Dubai’s Ruler, Sheikh Mohammed bin Rashid Al Maktoum,…
ABU DHABI, 10th June, 2026 (WAM) — Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), Khaled Mohamed Balama, Governor of the CBUAE and Chairman of the Emirates Institute of Finance (EIF), today attended the graduation ceremony of 1,200 UAE nationals from the third cohort of the “Ethraa” Emiratisation programme in the financial sector. The graduation marks another milestone in the programme’s efforts to empower and qualify national talent, and prepare a…
SHARJAH, 10th June, 2026 (WAM) — The Emirate of Sharjah has launched its Summer 2026 season, featuring promotional offers, cultural and entertainment events, and family activities, alongside Sharjah Summer Offers 2026, which runs until 31st August. The initiative aims to strengthen the emirate’s position as a comprehensive family and tourism destination. The summer programme offers visitors and residents a wide range of experiences, including shopping promotions, entertainment activities, cultural events and family-focused attractions across the emirate. Sharjah continues to reinforce its status as a preferred regional tourism destination through a diverse mix of cultural landmarks, waterfronts, beaches, natural attractions and…
Abu Dhabi’s food authority shut down a cafeteria for violating food safety laws. In an announcement on Wednesday, June 10, the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) issued a decision to administratively close ‘JUST CHILLY CAFETERIA – L.L.C – O.P.C’, located in Al Jimi Area, 3, Department of Urban Planning and Municipalities Building in Al Ain City. The establishment’s practices were said to be posing a serious risk to public health. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The authority’s food control report indicated repeated food safety violations and the failure to…
The UAE Lottery revealed the winning numbers for its latest Lucky Day draw (260610) held on Wednesday, June 10. The winning numbers in the Days section are 10, 21, 3, 17, 28 and 30, while the lucky number in the Months section this time is 3. Holders of the following IDs are guaranteed to win Dh50,000: BC2742639 BP4033921 BA2586538 Stay up to date with the latest news. Follow KT on WhatsApp Channels. While the jackpot of Dh30 million and the grand prize of Dh5 million went unclaimed, dozens of participants still walked away with cash rewards. Among the 5,569 total…
STOCKHOLM, 10th June May, 2026 (WAM) — H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, witnessed the signing of two agreements aimed at strengthening cooperation with the Kingdom of Sweden, in the areas of Digital Transformation and Artificial Intelligence (AI), and Healthcare. The agreement was signed during H.H. Sheikha Latifa’s visit to Sweden, leading a high-level delegation of ministers and government officials. The visit aims to enhance cooperation and the exchange of expertise, while exploring avenues to forge sustainable partnerships across vital, future-oriented sectors. The signing of the two agreements underscores the…