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Sharjah property transactions reach Dh3.5 billion in April

Sharjah’s property market recorded transactions worth Dh3.5 billion in April 2026, reflecting continued stability and investor confidence in the emirate’s property market. According to data issued by the Sharjah Real Estate Registration Department, a total of 15,669 transactions were completed across various areas of the emirate during the month. T...

2026-05-12T13:29:20Z

UAE minister warns of costs, airfares going up due to closure of Strait of Hormuz

The closure of the Strait of Hormuz has resulted in a shortage of one billion barrels of oil and up to a 20 per cent jump in air ticket prices, said Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and CEO of Adnoc. In a post shared on social media platform X, Al Jaber warned that costs for families a...

2026-05-12T14:44:46Z

AI cyber arms race: Google stopped hackers exploiting zero-days

Artificial intelligence is rapidly becoming one of the biggest tools in cybersecurity, for both defenders and attackers. Now, Google says it has stopped hackers from using AI to carry out what could have become a large-scale cyberattack campaign. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In a new report published by Goog...

2026-05-12T12:29:23Z

China's status as Iran's top oil customer in focus before Trump-Xi meeting

While not immune to disruptions in Hormuz, Beijing has used numerous approaches to reduce its vulnerability

2026-05-12T20:16:31Z

Deyaar posts Dh447.1 million revenue despite hospitality downturn

Property developer Deyaar’s revenue grew by 3.2 per cent during this year’s first quarter despite a downturn in the hospitality sector. Its revenue increased to Dh447.1 million, from Dh433.4 million the previous year. While the hospitality sector decreased due to the regional war, Deyaar’s performance property and facility management counteracted i...

2026-05-12T13:29:19Z

SpaceX IPO: Investors can get an early slice of what could be the world's largest listing

Elon Musk's company reportedly targets as much as $75bn from listing

2026-05-13T03:46:28Z

Dr Sultan Al Jaber calls Iran's Hormuz blockade 'extortion'

Prolonged disruption in the Gulf is draining fuel inventories and destabilising global energy markets, UAE minister says

2026-05-12T16:01:28Z

Jewellers urge India to unlock idle gold instead of curbing demand

India’s jewellery industry has urged the government to focus on mobilising the country’s vast idle household gold reserves rather than discouraging consumer purchases, warning that a sharp demand slowdown could threaten the livelihoods of millions dependent on the sector. The appeal by the All India Jewellers and Goldsmith Federation came a day aft...

2026-05-12T13:14:28Z

Emaar founder Alabbar plans to invest up to $18 billion in Syria

Damascus seeks more funding from the Gulf

2026-05-12T13:46:28Z

Trump unlikely to persuade Xi to stop buying Iranian oil, analysts say

The US has little leverage to force China to accept its demands

2026-05-12T15:31:30Z

UAE cyber factory launched to boost nation's digital defence and sovereignty

The initiative will help build and scale the next generation of cyber security capabilities

2026-05-12T16:46:27Z

AD Ports first-quarter profit rises 43% as war leads to new trade routes

Company's services uninterrupted despite Iran conflict

2026-05-13T07:31:30Z

Aldar to build community on Al Mihsinah Island as part of five megaprojects

The developments, in partnership with DMT, will span a total of 20 million square metres

2026-05-12T14:46:31Z

Adnoc Distribution posts 21% rise in first-quarter profit on fuel volume growth

Company on track to hit target of adding up to 70 new service stations this year

2026-05-13T06:46:25Z

Abu Dhabi's Agthia posts 13% rise in first-quarter profit on resilient operations

The ADQ unit's diversified portfolio helped boost revenue

2026-05-12T17:01:23Z