Author: Editorial Team
ABU DHABI, 15th August, 2026 (WAM) — The organising committee of the 32nd Abu Dhabi International Chess Festival 2026 has announced the participation of 763 players across four major tournaments, with the first day of competitions set to take place Saturday, 15 August at the Radisson Blu Hotel in Abu Dhabi. A total of 112 players will compete in the International Masters Tournament, while 152 will participate in the Open “A” Tournament, 280 in the Open “B” Tournament, and 219 in the Juniors Tournament. The committee highlighted the significance of the participation of 300 UAE players, out of a total…
ABU DHABI, 14th August, 2026 (WAM) — Space42, the UAE-based AI-powered SpaceTech company with global reach, on Friday announced that its proposed share buyback programme of up to 2.5 percent of the company’s issued share capital, has been approved by the Abu Dhabi Securities Exchange (ADX), following shareholder approval in April at the General Assembly Meeting. The programme will be funded from the company’s existing cash resources and executed through open-market transactions in accordance with ADX and the Capital and Market Authority’s (CMA) regulations. All completed buybacks will be regularly disclosed by the company via the ADX website as required…
FUJAIRAH, 14th August, 2026 (WAM) — Fujairah International Airport, in collaboration with NAFFCO Group, inaugurated the NAFFCO Training Academy, which will be based at Fujairah International Airport. The opening reflects both organisations’ commitment to advancing specialised training and strengthening competency and preparedness in safety, firefighting and emergency response. The opening was attended by Capt. Esmaeil M. Al Boloushi, Director General of Fujairah International Airport; Ebraheim Al Qallaf, Deputy Director Manager of Fujairah International Airport; Eng. Arkan Adel, CEO Representative at NAFFCO; Eng. Mohamad Ali Mawed, Sales Director at NAFFCO; Capt. Yaqooub Al Nuaimi, Deputy General Manager of Fujairah Aviation Academy;…
ABU DHABI, 14th August, 2026 (WAM) — The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, has signed a Memorandum of Understanding with the General Commercial Gaming Regulatory Authority (GCGRA), the UAE’s federal regulator for commercial gaming, establishing a formal framework for regulatory cooperation and the exchange of information in support of their respective supervisory responsibilities. The MoU reinforces the shared commitment of both authorities to maintaining high regulatory standards through effective collaboration, information sharing and coordinated engagement on matters of mutual interest. It provides a framework for cooperation that supports the effective supervision…
ABU DHABI, 14th August, 2026 (WAM) — The Abu Dhabi Housing Authority has announced an extension to the activation period for housing construction, demolition and reconstruction, and maintenance loans, as part of its efforts to enhance the flexibility of housing support and enable beneficiaries to build or maintain their homes under more suitable and efficient conditions. Under the initiative, which aligns with the objectives of the ‘Year of Family’ to promote family wellbeing, two additional years have been added to the activation period for construction, demolition and reconstruction, and housing maintenance loans. The measure is intended to ease pressures associated…
DUBAI, 14th August, 2026 (WAM) — Approximately 20,000 successful applicants have benefited from ‘A Dubai Invite’ since its launch on 20th July, prompting the Dubai Department of Economy and Tourism (DET) to triple the programme’s capacity in response to strong demand, as registration approaches its final capacity. Noor Al Geziry, AVP, Special Projects and MENA at DET, said the strong response reflects the important role Dubai residents play in sharing their positive experiences of the city with others. She added that collaboration with partners had enabled the programme to triple its capacity. DET encouraged residents to register as soon as…
DUBAI, 14th August, 2026 (WAM) — Parkin Company PJSC (Parkin) announced its financial and operational results for the second quarter ended 30th June, 2026, reporting a 14 percent increase in total revenue to AED364.1 million compared with the same period in 2025. Net profit rose 12 percent to AED166.2 million, supported by growth in seasonal cards, developer parking and enforcement. EBITDA increased 15 percent to AED217.2 million from AED189.3 million, with an EBITDA margin of 60 percent. Eng. Mohamed Abdulla Al Ali, CEO of Parkin, said, “Parkin delivered a strong second quarter, with revenues up 14 percent to AED364.1 million,…
As organ donations save lives, and help patients who need life-changing treatment, UAE provides support for those who make the decision to donate, or wish to do so. This includes medical, travel, and other forms of support for donors, under Ministerial Decision No. 91 of 2026. The framework covers living donors, people who have expressed their wish to donate after death, and relatives of deceased donors. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Here is what the benefits include: What medical support does a living donor receive? Living donors can receive medical and insurance…
ABU DHABI, 14th August, 2026 (WAM) — The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) held the AI Assistant Forum in Abu Dhabi as part of efforts to achieve the UAE Government’s strategic objective of transforming 50 percent of operations, tasks, procedures and services into AI-supported models within two years. Major General Suhail Saeed Al Khaili, Director-General of ICP, said the initiative reflects the directives of the UAE leadership, stressing the Authority’s efforts to lead technological transformation and align institutional visions to build a smarter, more efficient and future-ready operating model. He said the forum’s discussions and…
Massive Media, the leading online PR agency serving startups, SMEs, and businesses across the Middle East and North Africa (MENA), is using artificial intelligence (AI) to transform the way press releases are prepared, optimized, and distributed across the UAE, helping clients achieve greater visibility and stronger media results from every announcement. By combining AI-powered tools with the expertise of experienced PR professionals, Massive Media is creating a more intelligent and data-driven approach to press release distribution. The agency’s AI-enabled workflow supports everything from content analysis and audience targeting to headline optimization, media selection, and performance monitoring, while maintaining the editorial…