Author: Editorial Team
Spinneys reported a 2.5 per cent increase in first-half profit to Dh175 million and approved an interim dividend of Dh122.4 million, as new store openings and higher online and fresh-food sales helped lift revenue. Revenue for the six months ended June 30 rose 5.1 per cent to Dh1.91 billion, from Dh1.82 billion a year earlier. Adjusted EBITDA increased 1.2 per cent to Dh369 million, while profit before tax was broadly stable at Dh203 million. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The board approved an interim dividend of 3.40 fils per share, equivalent to…
ABU DHABI, 11th August, 2026 (WAM) — ADI Chain and Shipfinex have entered an exclusive partnership to establish the first regulated, institutional-grade tokenised maritime asset class, creating a new on-chain market for vessel-backed finance, charter-linked income and economic interests in ships. Maritime Asset Tokens developed under the partnership will be issued through a regulated route and made available exclusively on ADI Chain. Although maritime transport carries over 80 percent of international trade in goods by volume, investment in the vessels supporting that economy remains concentrated among shipowners, banks and specialist financial institutions. This creates a significant financing opportunity. The commercial…
Former US President Barack Obama is turning the page on a new chapter in audio storytelling. He is set to host ‘A Great Book with Barack Obama’, a six-part podcast series exploring the books that shaped his worldview as a young man. Produced by the Obamas’ Higher Ground production company, the series will debut exclusively on Audible on September 24. In the intimate new format, Obama will revisit literary works that prompted him to think more deeply about race, family, faith, politics and American society — subjects that have long informed both his personal story and public life. The reading…
SHARJAH, 11th August, 2026 (WAM) — Sharjah Charity International (SCI) performed 4,309 eye surgeries at a total cost of AED2.2 million across 27 specialist medical campaigns conducted during the first half of this year in several recipient countries under its foreign aid programmes. Mohammed Rashid bin Bayat, Vice President of the SCA Board of Directors, affirmed that these campaigns form part of targeted medical programmes aimed at reaching patients in the most in-need communities. He explained that surgical interventions included cataract, glaucoma, corneal, and pterygium surgeries, alongside other therapeutic procedures tailored to cases evaluated by the medical teams. Bin Bayat…
NUKUS, 11th August, 2026 (WAM) — The International Centre for Biosaline Agriculture (ICBA), with support from Abu Dhabi Fund for Development (ADFD) and in collaboration with the Agency for Innovative Development under the Ministry of Higher Education, Science and Innovation of the Republic of Uzbekistan, has launched the Farmers’ and Agro-Entrepreneurs Accelerator in Nukus. The one-month programme is being implemented under the ADFD-funded project “Development of Sustainable Agricultural Production Systems in Degraded Areas of Karakalpakstan”. The programme, delivered at Youth Technopark in Nukus, will support 200 farmers and agro-entrepreneurs in developing value-added products and strengthening their capabilities in agribusiness management…
Dubai’s Indian community will mark India’s Independence Day on Saturday, August 15, with cultural performances, special menus and family activities taking place across the city. This year marks India’s 80th Independence Day, and venues across Dubai are hosting events for the occasion. Whether you want to spend the weekend listening to ghazals and Qawwali, sit down for an Indian feast or turn the celebrations into a family staycation, here are some of the options to check out. Stay up to date with the latest news. Follow KT on WhatsApp Channels. 1. Catch three days of Indian music and storytelling For…
SHARJAH, 11th August, 2026 (WAM) — H.H. Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced that planning for the new administrative division of Khorfakkan has been completed, noting that it will be announced soon. H.H. also revealed that a study is underway for a project to level the summit of Al Aween Mountain and develop a residential area there capable of accommodating a large number of people, stressing the need to give areas names that symbolise positive things. Speaking by phone on the “Direct Line” programme with Mohamed Hassan Khalaf, Director General of…
ABU DHABI, 11th August, 2026 (WAM) — Youth 4 Sustainability (Y4S), Masdar’s global initiative to empower the next generation of sustainability leaders, has successfully concluded its Beyond Borders trip to China. Delivered in collaboration with the Sino-International Entrepreneurs Federation, the weeklong exchange marked a strategic engagement deepening UAE-China collaboration on the global sustainability agenda, equipping young leaders with the global perspectives, practical knowledge, and cross-cultural networks needed to drive future leadership in sustainable economic development. This edition brought together a group of 10 young leaders, chosen through a competitive selection process, to engage directly with the institutions, policymakers and innovators…
For nearly two years, Abdul (name changed), a 42-year-old corporate executive, struggled with severe tiredness, weight gain and brain fog that made it difficult for him to focus at work. He thought the problem was workplace burnout. He was also treated for depression, but his symptoms did not improve. Further tests later showed that he had low morning testosterone and undiagnosed sleep apnoea. Once the sleep disorder was treated, his hormonal balance improved. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In another case, a 38-year-old man believed his persistent headaches and low libido were…
DUBAI, 11th August, 2026 (WAM) — Dubai Police and the Community Development Authority (CDA) joint initiative Sawaed Al Watan (Arms of the Nation), which connects Emirati job seekers with immediate employment opportunities, is returning tomorrow at Umm Suqeim Majlis. The initiative reflects Dubai Government’s commitment to expanding economic opportunities for Emirati citizens, supporting financial independence and empowering national talent through strategic collaboration between government entities and the private sector. The initiative began with a joint employment fair at Al Khawaneej Majlis, bringing together Dubai Police, CDA, the Emirates Human Resources Development Council and a number of private sector employers. Participants…