Author: Editorial Team
ABU DHABI, 28th July, 2026 (WAM) — Fertiglobe (ADX: FERTIGLB) today reported a strong second-quarter performance, with adjusted EBITDA more than doubling year-on-year to $371 million and adjusted net profit attributable to shareholders surging 12.5x to $145 million. Reflecting this strong earnings momentum and disciplined capital allocation, the Company has proposed a minimum H1 2026 dividend of $150 million, representing an increase of more than 20% year-on-year. For the first half of 2026, Fertiglobe delivered revenues of $2.0 billion, up 59% year-on-year, while adjusted EBITDA increased 63% to $713 million and adjusted net profit attributable to shareholders rose 3.4x to…
JEDDAH — Saudi Arabia’s Cabinet on Tuesday reaffirmed that the Kingdom will not tolerate threats to its security, national interests and critical infrastructure, condemning attacks by Iran-backed militias in Yemen and Iraq on oil facilities in the Riyadh and Eastern regions and on commercial vessels in the Red Sea. The Cabinet stressed that Saudi Arabia will respond decisively to hostile acts in accordance with international humanitarian law, customary international law and the principle of proportionality. It also called on the Iraqi government to take all necessary measures to prevent its territory from being used as a launchpad for attacks against…
Armin Moradi, CEO and Founder of Qashio. For many years, the infrastructure and intelligence that support finance grew on their own. Payments, banking rails, and compliance systems were the main parts of finance. Most decisions were still made by people, with the help of static reporting tools. This separation often created delays between when financial activity occurred and when insights could be generated, limiting the ability of organisations to respond in real time. In the Gulf, a region defined by rapid digitisation and state-backed innovation agendas, AI is getting embedded into financial infrastructure itself. This integration is already changing how…
RIYADH — The visual identity for Saudi Arabia’s 2026 National Day has been launched under the slogan “Our Pride Is in Our Nature,” Chairman of the General Entertainment Authority (GEA) Board of Directors Turki Al-sheikh announced on Tuesday. The identity provides a unified visual framework to guide government, private, and non-profit entities in the use of applications and media and communication materials, helping standardize outputs and ensure consistency in presenting the National Day identity across platforms and events. Serving as a unified visual reference, the identity reflects the significance of National Day while reinforcing its presence across various uses in…
Learning how to prepare a fishing boat, navigate safety procedures and preserve freshly caught fish were among the skills young Emiratis gained during the first edition of a training programme at sea in Sharjah’s Al Hamriyah. For Sultan Mohammed Khalfan Al Shamsi, taking part in the inaugural Al Nokhadha (translation: Captain of the Ship) Fishermen Preparation Programme fulfilled a long-held ambition of learning the traditional fishing trade from experienced fishermen. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Through the programme, which was aimed at passing on one of the country’s oldest professions, he gained…
DUBAI, 28th July, 2026 (WAM) — The Dubai Press Club, organiser of the Arab Media Summit, has welcomed the renewed participation of DP World as a Strategic Partner for the Summit’s upcoming edition, which is scheduled to take place in September 2026 at the Dubai World Trade Centre. The event will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and under the directives of H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council. Mona…
MILAN — Roberto Mancini has returned as Italy head coach, nearly three years after his surprise resignation from the national team, with the mission of reviving an Azzurri side in crisis. Italian soccer federation president Giovanni Malagò announced Mancini’s appointment on Tuesday, confirming that veteran coach Claudio Ranieri will serve as technical director after Paolo Maldini stepped down just 16 days into the role. The 61-year-old guided Italy to the delayed Euro 2020 title in 2021 before resigning unexpectedly in August 2023. He was appointed Saudi Arabia head coach two weeks later, leaving the position in 2024 before taking charge…
ZÜRICH, 28th July, 2026 (WAM) — FIFA has successfully completed a thorough and global-scale anti-doping testing programme at the FIFA World Cup 2026™, with a total of 1,933 anti-doping tests carried out before and throughout the competition. Particular emphasis was placed on the pre‑tournament period, with an extensive out‑of‑competition testing programme during the six months preceding the competition. In this period, 1,250 anti-doping tests were carried out by FIFA’s Testing Authority, in close partnership with 14 National Anti-Doping Organisations (NADOs) and confederations across the globe. All of FIFA’s anti-doping activities were conducted under the framework for the FIFA Anti-Doping Regulations…
TOKYO — Several people are trapped inside a shopping mall that partially collapsed in an explosion after a powerful earthquake struck the Japanese city of Kumamoto on Tuesday, according to Japan’s public broadcaster NHK. The US Geological Survey (USGS) initially reported the earthquake as magnitude 7.1 before revising it down to 6.8. The quake struck at a depth of 10 kilometers at 4.27 pm local time (0727GMT), about 5 kilometers east of Uto in Kumamoto, according to the USGS. It is unclear how many people were trapped inside when the second floor of the building collapsed, NHK reported, citing fire…
UAE residents holding a valid residence permit for at least three consecutive years can now visit Montenegro without needing to obtain a visa in advance. This is part of a temporary exemption announced by the Montenegrin government. The visa-free exemption started on May 1 and will last until October 1, 2026. During this time, eligible UAE residents can visit Montenegro and stay for up to 10 days without a visa. Visa-free entry is available to people with foreign passports who meet the listed requirements. This decision was made by the Montenegrin Government under paragraph 2 of Article 14 of the…