Author: Editorial team
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…
HAMBURG, 16th June, 2026 (WAM) — The Emirates Classification Society (TASNEEF) and the International Federation for Emergency Medicine (IFEM) signed a 10-year exclusive global agreement. Through its certification arm, TASNEEF-RINA Business Assurance, TASNEEF will serve as the exclusive global certification partner for the rollout of the IFEM Emergency Department Certification Programme. The partnership, inked during the International Conference on Emergency Medicine in Hamburg, establishes a structured model to evaluate emergency departments worldwide, focusing on patient safety, operational efficiency, and international standards. Under this agreement, TASNEEF will serve as the exclusive global certification partner, supporting healthcare institutions and nations worldwide in…
The UAE’s Fatwa Council has announced Tuesday, June 16, as the first official day of Muharram, which marks the beginning of the new Islamic year (1448 AH). The authority made the declaration after reviewing scientific data related to the sighting of the crescent, in coordination with specialised scientific authorities and centres in the country. Earlier in the day, the UAE’s Astronomy Centre revealed the moon had been spotted in Abu Dhabi’s skies during the day time by the Khatm Astronomical Observatory. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The Islamic, or Hijri calendar is…
ABU DHABI, 15th June, 2026 (WAM) — Etihad Airways is entering its largest summer season ever, operating more than 300 daily flights, carrying near-record passenger loads and launching or returning nine destinations within days as demand for travel to, from and through Abu Dhabi continues to accelerate. The milestone comes as Etihad continues its rapid growth trajectory, with summer capacity up 10% year-on-year and supported by a fleet that has grown by 23 aircraft compared with the same period last year. With flights operating at close to 90% load factors, the airline is seeing strong demand across its network spanning…
DUBAI, 16th June, 2026 (WAM) — The Mohammed Bin Rashid Library (MBRL) has marked four years since its inauguration, celebrating a series of achievements that reinforce its position as one of the region’s leading cultural and knowledge institutions and a key contributor to Dubai’s vision of becoming a global hub for culture, innovation and lifelong learning. Since opening its doors, the Library has welcomed more than 2.5 million visitors and hosted nearly 11,000 diplomatic, official, institutional and school delegation visits. Its membership base has surpassed 41,000 members across various categories, while total book loans have exceeded 53,000, reflecting growing public…
The UAE and 79 other countries have issued a joint statement strongly condemning the drone attack launched on May 17, against electrical infrastructure near the Barakah Nuclear Energy Plant, describing it as a serious threat to regional and international security. The statement, backed by a broad coalition of countries from across the Middle East, Europe, Asia, Africa, and the Americas, said the attack near Barakah Nuclear Plant by armed factions in Iraq constituted a “flagrant violation of international law… and threatens regional and international peace and security”. “We condemn in the strongest terms the drone attack of May 17, 2026…