Author: Editorial team
BRUSSELS, 1st June, 2026 (WAM) – Over six years, iron ore imports from third countries fell by 11.3%—from 77.9 million tons in 2020 to 69.0 million tons in 2025, according to data published today. The peak was reached in 2021, when shipments rose by 20.2% year-over-year to 93.6 million tons, likely reflecting the post-crisis recovery in demand in the metallurgical sector following 2020. Subsequently, the market entered a correction phase: in 2022, imports fell by 12.8%, and in 2023, by another 10.5%, to 73.0 million tons. A slight recovery in 2024 of 2.6%, to 74.9 million tons, was not sustained:…
ABU DHABI, 1st June, 2026 (WAM) — The United Arab Emirates has condemned in the strongest terms terrorist drone and missile attacks by Iran targeting the State of Kuwait. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these terrorist attacks constitute a flagrant violation of the sovereignty of Kuwait and a threat to its security and stability. The Ministry expressed the UAE’s full solidarity with Kuwait and its support for all measures aimed at safeguarding its security and stability. Source: Emirates News Agency
UAE’s Emirates Drug Establishment (EDE) has ordered the recall of two insecticide products sold under the brand name “Goodbye All Insects”, both manufactured by SCITRA. The recall applies to Stay up to date with the latest news. Follow KT on WhatsApp Channels. What prompted the recall? The recall order was issued after the authority detected regulatory and technical violations related to the marketing of products that were not registered with the EDE. Moreover, one of the recalled products was found containing a prohibited substance. It was immediately withdrawn from the market to prevent further circulation and minimise potential risks to…
AMMAN,1st June, 2026 (WAM) — Jordan’s capital market institutions, in cooperation with Abu Dhabi Securities Exchange, officially launched the electronic link between the two markets through the “Tabadul” platform during an official ceremony held at the InterContinental Hotel in Amman. The event was attended by Ghannam Al Mazrouei, Chairman of Abu Dhabi Securities Exchange; Abdullah Salem Al Nuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange; Emad Abu Haltem, Chairman of the Board of Commissioners of the Jordan Securities Commission; Mazen Al Wathaifi, Chief Executive Officer of the Amman Stock Exchange; Sara Al Tarawneh, Chief Executive Officer of the…
DUBAI, 1st June, 2026 (WAM) — In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (12) of 2026 concerning the Community Development Authority in Dubai. The Law states that the Authority’s objectives include the regulation and development of Dubai’s social sector to enhance sustainable community development and improve social services. It also aims to organise service delivery, ensure protection and integration of vulnerable groups, and promote the social and financial empowerment of citizens. In addition, the Law seeks to strengthen social cohesion…
After Eid Al Adha gave UAE residents a much-awaited long break, the community is on the look out for the next holiday. For those preparing to travel, planning staycations, or just looking for a time to unwind, the country lists out holidays in advance. This helps residents plan ahead, make the most of the breaks, and often serves as something to look forward to. So when is the next leave? It is expected to fall in mid-June, on the occasion of Islamic New Year. Here’s a guide on what Hijri New Year is, how it is calculated, and if the…
DUBAI, 1st June, 2026 (WAM) — Positron AI Ltd, a US-based developer of next-generation specialised AI inference infrastructure, has established its first presence outside the United States in the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region. The DIFC licence marks a key milestone in Positron’s regional expansion. The company has raised more than US$300 million, including a US$230 million Series B round, deployed inference technology with a US hyperscaler, and achieved unicorn status. The move comes as AI inference becomes the dominant driver of global compute demand. AI…
ABU DHABI, 1st June, 2026 (WAM) — The United Arab Emirates has won the right to host the 2027 IIHF Ice Hockey World Championship Division II, Group A, following a vote at the International Ice Hockey Federation’s (IIHF) Annual Congress in Zurich, Switzerland. The UAE bid received 14 votes, ahead of Croatia, which secured 11, reflecting growing international confidence in the country’s organisational capabilities and sports infrastructure for hosting major global sporting events. The UAE Winter Sports Federation delegation participated in the congress meetings, headed by Hamel Ahmed Al Qubaisi, Vice President of the Federation, and included Jumaa Al Dhaheri,…
Abu Dhabi residents will soon benefit from a new smart parking experience that automatically deducts fees through the Darb app wallet, Q Mobility announced on Monday, June 1. The ‘Free Flow Paid Parking System’ removes the need for SMS, payment machines, QR codes or any manual transactions, marking a shift towards fully automated parking in the capital. Q Mobility said the system uses artificial intelligence (AI) and automatic licence plate recognition to streamline the process. Parking sessions will begin automatically when a vehicle enters a designated area, with charges calculated upon exit and payments deducted directly from users’ wallets. Stay…
DUBAI, 1st June, 2026 (WAM) — Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), today received a high-level delegation from Etihad Rail, the developer and operator of the UAE’s national railway network. The delegation was led by Mohammed Abdulla Alshehhi, Chief Projects Officer, and Ahmed Lootah, Executive Director – Commercial. During the meeting, Al Tayer commended Etihad Rail’s role as a cornerstone of sustainable economic growth and national integration, as well as a key catalyst for several forward-looking national aspirations. He recognised the network as a vital driver of the UAE’s long-term development ambitions.…