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Month: June 2026

Posted on 24/06/2026

UAE’s OPEC exit shrinks group’s global oil production share: EIA

The UAE’s departure from OPEC has cut the group’s global crude oil production share from 35% to 31% in 2025, according to a US EIA report. The exit also reduces the broader OPEC+ group’s market share …

Posted on 24/06/2026

As UAE temperatures near 50°C, workers find relief in 2.5-hour midday break

Construction workers said that the annual initiative offers much-needed relief from the summer heat and helps them return to work with renewed energy …

Posted on 24/06/2026

Sheikh Hamdan announces Dubai-it Award for projects, institutions, individuals

On Wednesday, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai announced the launch of the ‘Dubai-it Award’. Stay up to date with the latest news. Follow KT on WhatsApp …

Posted on 24/06/2026

Du achieves global first deployment of 5G-Advanced services over L-Band (1.4 GHz) spectrum in commercial network

Dubai, United Arab Emirates: du, a leading UAE telecom and digital services provider, has announced the world’s first deployment of 5G-Advanced (5G-A) services over L-Band (1.4 GHz) spectrum in …

Posted on 24/06/2026

BCL Globiz reports surge in corporate tax compliance requests ahead of July 31 FTA deadline

UAE-based tax advisory firm BCL Globiz has reported a significant increase in corporate tax registration and compliance enquiries from small and medium-sized enterprises (SMEs) and free zone …

Posted on 24/06/2026

Sharjah extends paid parking hours until midnight

In a move designed to accommodate the emirate’s growing population and tourism sector, the Sharjah City Municipality has announced that paid public parking hours will be extended until midnight …

Posted on 24/06/2026

International Development Bank expands financial solutions portfolio to support regional business growth

The bank is also set to strengthen its pioneering position in the capital market as the Bronze Sponsor of Bonds, Loans & Sukuk Middle East 2026 to be held in Dubai …

Posted on 24/06/2026

Sharjah extends paid parking hours in blue zones until midnight

New operating hours aim to improve parking availability in high-demand areas as Sharjah adjusts parking policies to match growing traffic and visitor flows …

Posted on 24/06/2026

Sharjah Police Sciences Academy Board approves opening of admissions, registration

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and President of the Sharjah Police Sciences Academy (PSA), chaired the Academy’s Board meeting on Wednesday …

Posted on 24/06/2026

Sotheby’s launches $9.7M luxury auction in Abu Dhabi

Sotheby’s has expanded its footprint in the Middle East with the launch of a new summer online auction in the UAE capital. Titled “Abu Dhabi Collectors’ Edit: Materiality,” the sale runs from June 24 …

Posted on 24/06/2026

Heavy summer rains in UAE: Residents warned to watch out for strong winds, dusty weather

UAE has been hit with a spell of summer showers, as areas of the country — particularly towards the east — face dark clouds and rainy weather. While the rains bring residents some much-needed relief …

Posted on 24/06/2026

Off-plan properties continue to drive investor interest across Dubai

Emrah Yar, Founder & CEO at Equity said:“Investor confidence in the UAE real estate market remains incredibly strong. Off-plan developments continue to be a key driver of long-term wealth creation, …

Posted on 24/06/2026

UAE employers face AI and cyber workforce risks

UAE employers are facing a growing workforce resilience challenge as artificial intelligence adoption, cyber threats, rising health costs and regional disruption place new pressure on employees and …

Posted on 24/06/2026

UAE successfully continues diversification efforts with expansion of innovation sector

The decade-long investment by the United Arab Emirates in developing its knowledge-based economy is beginning to yield massive, tangible returns, steadily prep …

Posted on 24/06/2026

Sharjah extends paid parking hours to midnight across emirate from July 1

The new rule unifies the timings for all paid parking areas, specifically extending the hours for zones marked with yellow signs to match those with blue signs …

Posted on 24/06/2026

Sharjah ruler approves promotion of 1,519 military personnel

SHARJAH, 23rd June, 2026 (WAM) — His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the promotion of 1,519 military personnel serving across …

Posted on 24/06/2026

Etihad Rail tickets for Abu Dhabi-Fujairah nearly sell out in 24 hours for first 2 days

Passenger trains on this route will start plying on June 30, and many residents have already secured their spot on this historic journey …

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