Author: Editorial Team

Talabat raised its full-year 2026 guidance across all key financial metrics after second-quarter revenue increased 16 per cent year-on-year to $1.14 billion, supported by a growing customer base and stronger grocery and retail activity. Gross merchandise value, or GMV, reached $2.92 billion, up 11 per cent on a reported basis and 12 per cent at constant currency. Adjusting for the earlier timing of Eid Al Fitr, underlying GMV growth was about 15 per cent. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The company said first-half performance came in ahead of its previous full-year expectations,…

The Ministry of Municipalities and Housing continues to develop the food safety system across the Kingdom’s regions by updating health requirements and improving the efficiency of field inspections. The ministry said that efforts include updating technical and health requirements for food establishments, developing health certificates for workers and improving the efficiency of their electronic issuance, as well as training personnel working in the sector. On the inspection side, municipalities conduct field visits to restaurants, kitchens, and food outlets to verify compliance with health requirements. The ministry has adopted body-worn cameras as a key tool within its smart inspection system. The ministry urged members of…

Kaspersky experts have identified scam websites in multiple languages, suggesting that attackers are deliberately targeting audiences across different countries by capitalising on the film’s extraordinary popularity. Christopher Nolan’s new Odyssey movie has been one of the most talked-about and internationally anticipated premieres of the year, with many observers ranking it among the most eagerly awaited films of 2026. However, the film’s global debut has also triggered a surge in scam activity. Cybercriminals are exploiting the immense worldwide interest in the release, luring users with false promises of access. The scam typically works as follows: attackers set up fake websites that…

Spinneys reported a 2.5 per cent increase in first-half profit to Dh175 million and approved an interim dividend of Dh122.4 million, as new store openings and higher online and fresh-food sales helped lift revenue. Revenue for the six months ended June 30 rose 5.1 per cent to Dh1.91 billion, from Dh1.82 billion a year earlier. Adjusted EBITDA increased 1.2 per cent to Dh369 million, while profit before tax was broadly stable at Dh203 million. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The board approved an interim dividend of 3.40 fils per share, equivalent to…

Former US President Barack Obama is turning the page on a new chapter in audio storytelling. He is set to host ‘A Great Book with Barack Obama’, a six-part podcast series exploring the books that shaped his worldview as a young man. Produced by the Obamas’ Higher Ground production company, the series will debut exclusively on Audible on September 24. In the intimate new format, Obama will revisit literary works that prompted him to think more deeply about race, family, faith, politics and American society — subjects that have long informed both his personal story and public life. The reading…

NTT Docomo and Samsung Electronics announced the recent validation of AI-RAN technology which helps optimises user experience at an individual level to cut service issues. The pair went on to assert that this feat is an important step towards predictive architecture expected to be prevalent in 6G. The companies explained the technology tested in a trial earlier this year in Japan uses AI to analyse a user’s movement patterns and behaviour to predict potential service degradation before it happens. Rather than applying the same network configuration to every device connected to a base station, the technology tested is meant to…

There was a time when professional filmmaking was largely defined by the size of the production. A compelling story often depended on access to specialist equipment, dedicated crews and significant budgets, but that picture looks very different today.  Across the UAE and the wider Middle East, a new generation of creators is building production businesses, launching educational platforms, documenting cultures and producing commercial campaigns that reach audiences around the world, often with lean teams and highly agile workflows. The creator economy has become one of the region’s most dynamic growth stories. According to RedSeer Strategy Consultants, the GCC is home…

RIYADH — The National Center for Meteorology (NCM) has warned of light rain accompanied by active winds, reduced horizontal visibility, and thunderstorms in the Riyadh region on Wednesday. The center indicated that the rainy weather conditions, which will begin at 12:00 AM and last until 8:00 PM, will affect the governorates of Al-Aflaj, Al-Sulayyil, Wadi Al-Dawasir, Al-Rayn, Al-Quway’iyah, Al-Hariq, Al-Kharj, Al-Dalam, Al-Muzahmiyah, and Hawtat Bani Tamim. Source: Saudi Gazette

Dubai’s Indian community will mark India’s Independence Day on Saturday, August 15, with cultural performances, special menus and family activities taking place across the city. This year marks India’s 80th Independence Day, and venues across Dubai are hosting events for the occasion. Whether you want to spend the weekend listening to ghazals and Qawwali, sit down for an Indian feast or turn the celebrations into a family staycation, here are some of the options to check out. Stay up to date with the latest news. Follow KT on WhatsApp Channels. 1. Catch three days of Indian music and storytelling For…

Nvidia has recently joined forces with some of Wall Street’s largest banks and investors to raise $500 billion in capital for AI infrastructure development. The chipmaker said it had struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, and that the investors were for the first time treating AI hardware and infrastructure, often referred to as “compute”, as an asset class. “In AI, compute is revenue”, Nvidia chief executive Jensen Huang said. “We are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure”. The financing will go towards Nvidia’s own projects and those being…