Author: Editorial Team

Sheikh Mohammed once said, “They say the sky is the limit for ambition. We say: The sky is only the beginning.” This admirable quote is one that he has lived by — with the rapid growth of Dubai being a testament to this philosophy of his. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE, and the Ruler of Dubai, turns 77 today, July 15. While wishes from residents and royals pour in, some choose to celebrate him through his achievements. Sheikh Hamdan, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, took to Instagram…

ABU DHABI, 15th July, 2026 (WAM) — The Abu Dhabi Securities Exchange (ADX) Group today made global capital markets history with the world’s first bell-ringing ceremony aboard a moving passenger train, transforming Etihad Rail’s Abu Dhabi–Fujairah service into a stock market trading hall. The landmark activation celebrated the continued expansion of ADX’s fast-growing derivatives market, following the launch of six new single-stock futures, which increased ADX’s total derivatives suite to 17 futures products, comprising 50 contracts that offer investors more sophisticated hedging and portfolio management tools. Shadi Malak, Chief Executive Officer of Etihad Rail, said, “This milestone reflects how Etihad…

When it comes to Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, it’s no surprise the city does birthdays differently. As the Ruler turned 77 on July 15, tributes have been pouring in from Emiratis and expats alike who speak of the Ruler with a sense of proximity that feels almost familial. Unique to the city is a shared feeling that its visionary leader is not a distant figurehead but a constant presence woven into daily life, in the way Dubai functions, the way it dreams and the way it…

DUBAI — The United States launched a new wave of strikes against Iran on Wednesday, according to the US Central Command. “At 6 a.m. ET today (1000GMT Wednesday), US Central Command forces began launching a wave of strikes against Iran,” the commander said on the US social media company X. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it added. Tensions between the US and Iran have escalated in recent days over the Strait of Hormuz, with the two sides exchanging attacks despite a Pakistan-mediated memorandum…

As AI moves from model development to production inference, compute demand is accelerating and shifting toward continuously operating AI factories that generate tokens at scale. This shift requires access to large‑scale, multi‑tenant accelerated computing that can come online quickly, stay highly utilised and support the economics of token‑scale AI services. Emerging AI companies historically have had limited access to capital-intensive infrastructure, with even long-term commitments insufficient to unlock financing for compute. To address this, NVIDIA is introducing a new business model that opens up compute access to the fast‑growing AI ecosystem of startups, model builders, enterprises, research organisations and regional…

ANKARA — Turkey on Wednesday marked the 10th anniversary of the July 15, 2016 coup attempt with nationwide ceremonies, memorial events, and public gatherings honoring those killed while resisting the putsch. The anniversary was observed across the country’s 81 provinces with ceremonies organized by state institutions, municipalities, and security agencies, while museums in 54 provinces hosted exhibitions, remembrance events, and panel discussions focusing on the legacy of the failed coup. Turkish President Recep Tayyip Erdogan described the July 15, 2016 failed coup bid as a defining moment in Turkish modern history, saying it represented a “declaration of independence”. In an…

SUVs remained the preferred choice for motorists in the UAE during the first half of 2026, with buyers increasingly prioritising spacious, family-friendly vehicles that combine practicality, comfort and long-term value, according to new data from dubizzle. The online marketplace said Toyota topped SUV search demand, attracting more than 10.4 million views between January and June, followed by Nissan with 8.6 million, Land Rover with 7.2 million, Mercedes-Benz with 6 million, and BMW with nearly 3.5 million. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The findings suggest UAE motorists continue to favour vehicles offering spacious…

VIENNA, 15th July, 2026 (WAM) — The European Central Bank (ECB) has selected 36 payment service providers to help test the digital euro in a year-long pilot from 2027, marking the latest milestone in the EU’s effort to create a digital form of central bank money while reducing reliance on foreign payment networks. According to the ECB, the participants were selected from more than 50 applicants across the euro area and will work alongside the ECB and 19 of the euro area’s national central banks, excluding Bulgaria and Malta, during a 12-month testing exercise. The selected providers include traditional banks,…

J1 Beach has changed the conversation around beachfront dining in Dubai. Rather than simply creating another stretch of stylish restaurants by the sea, it has brought together a collection of venues where the food is every bit as compelling as the setting. The view may get people through the door, but it’s the cooking that gives them a reason to return. Few restaurants demonstrate that better than Bâoli. While its Riviera-inspired interiors and electric atmosphere inevitably catch your attention first, it’s the consistency of the food that keeps people coming back. The menu effortlessly blends Mediterranean cooking with Japanese influences, delivering dishes that…

JEDDAH — High dust-stirring surface winds are forecast to affect much of Saudi Arabia’s western coast from July 16 to 25, according to the National Center for Meteorology (NCM). Based on an animated map issued by the NCM, starting Thursday, July 16, and continuing through the end of next week (July 25), dust-stirring winds are expected along the coastal road stretching from Yanbu to Jazan. Their effects are also expected to extend eastward into parts of the Makkah and Madinah regions, potentially reducing horizontal visibility to near zero. NCM’s animated map showing the areas forecast to be affected by dust-stirring…