Author: Editorial Team
ABU DHABI, 17th May, 2026 (WAM) — ADNOC’s listed companies reported a resilient set of financial and operational results in the first quarter of 2026, reflecting the strength of the Group’s integrated and diversified portfolio. Collectively, ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC Logistics & Services (ADNOC L&S), Borouge and Fertiglobe delivered revenues of $11.8 billion (AED43.4 billion), EBITDA of $3.7 billion (AED13.6 billion) and net profit of $2.2 billion (AED7.9 billion), supported by diversified revenue streams, disciplined execution and a continued focus on operational safety and efficiency. Performance across the portfolio highlights the role of ADNOC’s listed companies in…
Indian Prime Minister Narendra Modi’s latest visit to the UAE has underscored the rapid transformation of India-UAE ties into one of the world’s most strategically important economic partnerships, as both countries move beyond the $100-billion trade milestone and target bilateral trade of $200 billion over the next decade. The visit, which produced a sweeping set of agreements in energy security, defence, artificial intelligence, infrastructure and maritime cooperation, comes at a time of heightened geopolitical uncertainty in the Middle East and growing concerns over global supply-chain resilience. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Analysts…
80 per cent of the Al Khaleej Street Tunnel Project has been completed by Dubai’s Roads and Transport Authority (RTA). The tunnel extends 1,650 metres from the end of the Infinity Bridge ramp in Deira to the intersection of Al Khaleej Street and Al Wuheida Street. It features three lanes in each direction and has a capacity of up to 12,000 vehicles per hour in both directions. Stay up to date with the latest news. Follow KT on WhatsApp channels. The project is being delivered in line with leadership directives to keep pace with population growth and ongoing development along…
Question: I am planning to invest in an off-plan property in Dubai. How are my investments protected by law? Answer: Pursuant to your queries, as you are planning to invest in an off-plan property located at Dubai, the provisions of the UAE Civil Transaction law, the Dubai local law and executive regulations are applicable. In Dubai, Article 3 (1) of the Law No. 13 of 2008 regulating the Interim Real Property Register in the Emirate of Dubai provides that: “Any disposition that occurs in respect of any real property unit sold off-plan will be entered in the Interim Property Register,…
ABU DHABI, 14th May, 2026 (WAM) — Carrying the spirit of generosity and unity beyond borders, a 70-member official delegation from the United Arab Emirates, comprising members of the Zayed Charity Run organising committee, partners and sponsors, as well as Emirati runners, is heading to Budapest to participate in the inaugural Hungarian edition of the Zayed Charity Run, reflecting the country’s enduring humanitarian vision and steadfast commitment to solidarity. Scheduled to take place on 16 and 17 May at the iconic Hero’s Square, the event will transform one of Europe’s most historic landmarks into a global gathering point where participants…
Question: What exactly is leave without pay? I may need to take extended leave to take care of my wife, as she has suddenly fallen ill. If I exhaust my annual leave, can I apply for leave without pay? What are the relevant rules in this regard? Answer: Pursuant to your queries, it is assumed that you are employed by a mainland entity based in the UAE. Therefore, the provisions of the UAE employment law and the subsequent cabinet resolution are applicable. It is pertinent to note that in the UAE, an employee may avail unpaid leave with the consent…
The World Health Organization (WHO) declared an international health emergency over a rare strain of Ebola that has killed dozens in the Democratic Republic of Congo, but stopped short of calling the outbreak a pandemic on Sunday. The WHO said the outbreak, caused by the Bundibugyo virus, does not meet the criteria of a pandemic emergency but said countries sharing land borders with DRC are at high risk for further spread. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “WHO…is hereby determining that the Ebola disease caused by Bundibugyo virus in the Democratic Republic of…
The day on Sunday, May 17, will be dusty with clouds appearingeastward, the National Centre of Meteorology has said. Light to moderate Southeasterly becoming Northwesterly winds will blow, freshening at times, causing blowing dust and sand, with a speed of 10 – 25, reaching 40 kmph. Temperatures could be as high as 42ºC in the country. Mercury is set to rise to 40ºC in Abu Dhabi and 39ºC in Dubai. Stay up to date with the latest news. Follow KT on WhatsApp Channels. However, temperatures are set to decrease slightly westward and could be as low as 25ºC in Abu…
KYIV — Russia handed over the bodies of 528 fallen soldiers to Ukraine as part of ongoing repatriation efforts between the two countries, Ukraine’s Coordination Headquarters for the Treatment of Prisoners of War announced on Saturday. According to Ukrainian authorities, the bodies — which Russia said may belong to Ukrainian servicemen — were returned under humanitarian repatriation measures. In a statement posted on Facebook, the coordination headquarters said law enforcement investigators and forensic experts would work to identify the deceased. Earlier on Friday, Russian state news agency Tass reported, citing sources, that Moscow and Kyiv had exchanged the bodies of…
GAZA CITY — Izz al-Din al-Haddad, commander of the military wing of the Palestinian group Hamas, was killed in an Israeli strike on Gaza City on Friday evening, according to local sources. The strike also killed his wife and daughter, the sources said, adding that funeral prayers for the family were later held in Gaza City. Al-Haddad’s sister also confirmed his death while speaking to reporters. Earlier, the Israeli army said it had killed Izz al-Din al-Haddad in a strike targeting Gaza City. The development comes as Israeli forces continue operations and reported violations of the ceasefire agreement in the…