Author: Editorial Team
DUBAI, 25th August, 2026 (WAM) — The UAE is emerging as a regional template for a new era of regulated digital money, as governments increasingly respond to the rise of US dollar-backed stablecoins by developing sovereign-aligned alternatives rather than resisting their adoption, according to a new Viewpoint from global management consultancy Arthur D. Little. “The Sovereign Stablecoin Era: Replication, Not Resistance” finds that a fundamental shift is taking place in the global stablecoin landscape. Instead of choosing between allowing dollar stablecoins to proliferate or restricting them, a growing number of jurisdictions are pursuing a third path: permitting regulated global stablecoins…
The UAE insurance sector recorded strong growth in 2025, with gross written premiums rising 14.9 per cent year-on-year to Dh74.8 billion, supported by higher health, property and liability insurance business, according to the Central Bank of the UAE’s annual statistical report. Property and liability insurance premiums increased 14.1 per cent to Dh36.4 billion, while health insurance premiums rose 16.3 per cent to Dh30 billion. Premiums for life insurance and fund accumulation increased 12.1 per cent to Dh8.4 billion. The growth came as the UAE continued to expand insurance coverage and introduced mandatory basic health insurance for private-sector employees and domestic…
DUBAI, 25th August, 2026 (WAM) — Dubai’s Roads and Transport Authority (RTA) completed numerous traffic improvements at six school-zone locations during summer season , benefiting more than 10 schools across Dubai. The strategic initiative forms part of RTA’s efforts to enhance connectivity between residential, educational and development areas, while providing safe and convenient access for students, parents and school staff. It also contributes to improving the quality of life for residents and visitors across Dubai. The improvements were carried out during the summer break to minimise disruption to daily traffic and take advantage of lower traffic volumes. This enabled RTA…
ABU DHABI, 25th August, 2026 (WAM) — Reflecting its key role in strengthening the UAE’s leading position within the international financial system, the Central Bank of the United Arab Emirates (CBUAE), in collaboration with the Ministry of Finance and the UAE Banks Federation, will host the annual UAE Banks’ Reception in Bangkok on 15 October 2026. The reception will take place on the sidelines of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, being held in Bangkok from 12 to 18 October 2026. This year’s reception represents a strategic milestone in enhancing the presence…
The Pixel 11 line went on sale on 20 August, eight days after Google announced it. On paper, it should be an easy sell: better cameras, brighter screens, seven years of updates and the “raw Android” experience that has kept fans loyal for years. Then you look at what Google is asking in return. Every model costs $100 more than the phone it replaces. The Pro and Pro XL lose 4GB of memory. The new Tensor G6 sits behind every rival flagship chip, including Apple’s and Qualcomm’s, and it lags most in graphics, something gamers will notice. In the UAE,…
SHARJAH, 25th August, 2026 (WAM) — Sharjah Airport recorded a significant surge in passenger traffic during the week of 10 to 16 August. The Airport welcomed more than 390,000 passengers during what is considered the peak of the summer travel season, as travellers returned from their holidays ahead of the new academic year. Arriving passengers at Sharjah Airport exceeded 175,000, while departing passengers totalled approximately 151,000, with more than 66,000 transit passengers also recorded in the same period. The Airport also recorded 1,175 departing and 1,175 arriving flights, serving more than 100 international destinations. This reflects the airport’s role as…
BRUSSELS, 25th August, 2026 (WAM) — European gas prices have risen amid growing concerns over unusually low storage levels ahead of winter, as supply disruptions continue and maintenance work constrains Norwegian gas supplies. On the leading Dutch natural gas futures market, prices rose by as much as 5 percent on Monday before easing slightly to €68.5 per megawatt hour, up around 4 percent, according to The Brussels Times, citing Belgian news agency Belga. European gas storage facilities are currently around 62 percent full, the lowest level recorded for this time of year since 2009. There is particular concern about Germany,…
Forget the traditional school bus. Some children in Dubai are arriving at the school gates in private chauffeur driven cars as parents turn to limousine companies for the daily school run. The companies offering these services say safety remains a key part of transporting children without their parents. From vetted drivers and GPS tracking to WhatsApp pick up and drop off notifications, both companies said measures are in place to keep parents updated throughout the journey. Speaking exclusively to Khaleej Times, Fairway Travel & Transport employee Riyaz Kizhissery said the company receives around two to three requests a month from parents…
DUBAI, 25th August, 2026 (WAM) — The Dubai-based MENA Golf Tour, the only Official World Golf Ranking–recognised professional golf circuit based in the Middle East and North Africa, on Tuesday announced three international Qualifying Schools this October, with venues in Scotland, England and the United States allowing aspiring professionals to secure playing status for the Tour’s 2026/27 season. The expanded Q School programme begins at Dalmahoy Hotel & Country Club near Edinburgh, Scotland, from 1st to 2nd October, before heading across the Atlantic to Slammer & Squire at World Golf Village in Florida from 13th to 15th October. The third…
SHARJAH, 25th August, 2026 (WAM) — Sharjah Cultural and Chess Club has reviewed an action plan to promote chess in government and private schools across the Emirate during the 2026–2027 academic year, with a focus on identifying and developing young talent. The initiative aims to expand the base of chess players, identify and nurture talent, and make schools a key gateway for attracting talented players. The plan was reviewed during a meeting chaired by Tareq Matar Taryam, Chairman of the club, in the presence of Abdullah Murad Al Mazmi, Head of the Technical and Talent Development Department; Dr Mamoun Saleh…