Author: Editorial Team

BHM Capital, the leading financial institution in the UAE capital markets sector, announced its financial results for the first quarter ended 31 March 2026, delivering strong double-digit growth across key financial and operational indicators, reinforcing its position as a leading institution in the UAE capital markets sector. The Company reported total revenue of AED 61.9 million, representing a 38% increase year-on-year, while net profit reached AED 13.8 million, marking a 22% increase year-on-year. Shareholders’ equity stood at AED 523 million, reflecting a 3% increase compared to year-end 2025, reinforcing the Company’s strong balance sheet, sustainable growth trajectory, and disciplined execution…

[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] The advisor to the UAE President, Anwar Gargash, called the attack on Abu Dhabi’s Barakah Nuclear Power Plant on Sunday a “criminal disregard for the lives of civilians in the UAE”. His statements come after the Emirates was targeted by three drones on May 17, with two being intercepted and one falling in the vicinity of the nuclear plant located in Al Dhafrah. The strike caused a fire in an electric generator located outside the inner perimeter of the plant. No injuries…

For many families in the UAE, Eid Al Adha has long been associated with rich lamb dishes, large family feasts, and tables filled with traditional comfort food. But this year, as Eid approaches, some residents are putting a lighter, more health-conscious spin on their celebrations, balancing cultural traditions with changing lifestyle habits. Across homes in Dubai and Abu Dhabi, classic Eid spreads are increasingly being paired with grilled proteins, healthier sides, portion-conscious serving styles, and air-fried alternatives. “We still make lamb every Eid because it’s part of the tradition,” said Dubai resident Sarah Ahmed, who hosts family gatherings during the…

[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] The UAE has condemned in the strongest terms the drone attacks targeting Saudi Arabia on Sunday, May 17. The attacks were carried out by drones launched from Iraqi airspace, which were intercepted and destroyed after entering the Kingdom’s airspace. In a statement, the Ministry of Foreign Affairs (MoFA) affirmed that these attacks constitute a violation of the sovereignty of Saudi Arabia and a threat to its security and stability. The UAE expressed its full solidarity with Saudi Arabia and its support for…

ATHENS — On behalf of Saudi Crown Prince and Prime Minister Mohammed bin Salman, Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir attended the first European-Gulf Geopolitical and Investment Summit, held in Athens. The summit aimed to strengthen the strategic partnership between Gulf Cooperation Council (GCC) countries and the European Union to support peace and prosperity, exchange visions and expertise, and coordinate joint efforts to address regional and global challenges. Source: Saudi Gazette

RIYADH — The Ministry of Interior emphasized that expatriates overstaying their visas will face fines of up to SR50,000, imprisonment for up to six months, and deportation. The ministry urged all individuals to comply with Hajj season regulations and cooperate with the authorities to ensure pilgrims’ safety and security. Violators of these regulations would be subject to legal penalties. The ministry also urged the public to report violations by dialing 911 in the Makkah, Madinah, Riyadh, and Eastern regions, and 999 in the rest of the Kingdom. Source: Saudi Gazette

RIYADH — Spokesperson of the Saudi Ministry of Defense Maj. Gen.Turki Al-Maliki said that three drones were intercepted and destroyed after entering Saudi Arabia’s airspace from Iraq on Sunday morning. Al-Maliki affirmed that the Ministry of Defense reserves the right to respond at the appropriate time and place. He said that Saudi Arabia will take all necessary operational measures to counter any attempted aggression against the Kingdom’s sovereignty, security, or the safety of its citizens and residents. Source: Saudi Gazette

Inside a massive shipyard in Umm Al Quwain, unfinished yacht structures rise several metres above the ground as workers move across metal scaffolding, moulding stations and busy production halls. Some workers carefully shape giant hulls, while others work on interiors, glass panels and finishing touches inside the facility, where multiple luxury yachts are being built at the same time. Stay up to date with the latest news. Follow KT on WhatsApp Chann One of the recently launched superyachts from the facility is the Majesty 145, a 145-foot vessel built over 14 months at Gulf Craft’s shipyard in Umm Al Quwain.…

RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan received on Sunday phone calls from Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan and Egyptian Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty. During the call, Prince Faisal and Sheikh Abdullah Al Nahyan reviewed safety procedures following the heinous attacks on the United Arab Emirates. In their phone conversation, Prince Faisal and Badr Abdelatty discussed regional developments. They also reviewed joint efforts for de-escalation in the region and extending support for diplomatic solutions, including…

RIYADH — The Ministry of Foreign Affairs expressed Saudi Arabia’s condemnation in the strongest terms of the drone attack on the United Arab Emirates, which resulted in a fire breaking out outside the inner perimeter of the Barakah nuclear energy plant. The Kingdom reaffirmed its categorical rejection of these blatant attacks, which threaten the region’s security and stability. Saudi Arabia vowed its solidarity with the UAE and its support for all measures taken by the UAE to preserve its sovereignty, security, and territorial integrity. The drone attack targeted an electricity generator, located outside the perimeter of the Barakah nuclear energy…