Khaleej Times

Khaleej Times is a daily newspaper that publishes in English and is based in the United Arab Emirates. It holds the distinction of being the oldest English-language newspaper in the UAE.

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#7190

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#21

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Israel-Iran conflict: Whose ceasefire is it anyway?

3 days ago | khaleejtimes.com | Somshankar Bandyopadhyay

Strange are the ways of international diplomacy. The announcement of a ceasefire in the Israel-Iran conflict, made by US Donald Trump, seemed as sudden as the barrage of missiles that Iran fired on the US air base at Al Udeid in Qatar, crossing what would have been considered a final red line. It seems hard to believe that the chain of events just happened out of the blue. Let us recreate the chain of events on Monday as they unfolded.
UAE: Flying taxis to rescue hikers? RAK says noiseless, small aircraft 'can land anywhere'

4 days ago | khaleejtimes.com | Nasreen Abdulla

The introduction of eVTOLS (electric vertical takeoff and landing) or flying taxis, as they are most commonly called, could change the landscape of Ras Al Khaimah significantly, according to experts at a mobility conference. They stressed the move could impact everything from tourism movement to the way people are rescued.
Some UAE employers offer work from home option after Iran strikes US base in Qatar

4 days ago | khaleejtimes.com | Nasreen Abdulla

[Editor's Note: Follow the KT live blog for live updates on the Israel-Iran conflict.]Some companies in the UAE offered their employees the option to work from home on Tuesday, a day after Iran launched a missile attack on a US air base in Qatar. In an email to their employees, some explained that it was a measure taken for "caution" in the aftermath of the regional conflict. Sana K, an employee at a homegrown company, said that she got an email late on Monday evening.
UAE attracts $45.6 billion in FDI in 2024, ranks in world's top 10

1 week ago | khaleejtimes.com | Waheed Abbas

The UAE ranked among the world’s top 10 destinations for foreign direct investment (FDI) in 2024, as inflows surged by nearly 49 per cent to reach $45.6 billion (Dh167.6 billion), up from $30.68 billion the previous year, according to a United Nations report. The World Investment Report 2025, released on Thursday by the UN Conference on Trade and Development (UNCTAD), revealed that the UAE climbed from 13th place in 2023 to 10th place in the latest global ranking.
UAE Central Bank holds benchmark rate at 4.4% after Fed move

1 week ago | khaleejtimes.com | Somshankar Bandyopadhyay

The UAE Central Bank on Wednesday decided to maintain the base rate applicable to the overnight deposit facility (ODF) at 4.40 per cent. The UAE’s decision follows that of the US Federal Reserve, which decided to hold its interest rates. The UAE follows US monetary policy as the UAE dirham is pegged to the US dollar.
78 countries engaged in conflict: World least peaceful since World War II, says report

1 week ago | khaleejtimes.com | Waheed Abbas

[Editor's Note: Follow the KT live blog for live updates on the Israel-Iran conflict.]There are currently 59 active state-based conflicts, the most since the end of WWII and three more than the previous year, according to a new study. “Global peacefulness continues to decline and many of the leading factors that precede major conflicts are higher than they have been since the end of WWII.
Israel-Iran conflict: US Congressmen see potential expansion of Abraham Accords

1 week ago | khaleejtimes.com | Waheed Abbas

[Editor's Note: Follow the KT live blog for live updates on the Israel-Iran conflict.]There could potentially be an expansion of the Abraham Accords once this ongoing military conflict between Iran and Israel ends, according to visiting senior US officials.
Look: Dubai adds 10 new smart pedestrian signals at different locations

1 week ago | khaleejtimes.com | Nasreen Abdulla

Wed, Jun 18, 2025 | Dhu al-Hijjah 22, 1446 | Fajr 03:59 | DXB 39°C The signals use cutting-edge technologies to improve traffic systems, enhance road safety, and streamline pedestrian and vehicle movementDubai has installed smart pedestrian signals at 10 additional places in the emirate, taking the total number of sites with these signals to 27. This is the second phase of the project by the Roads and Transport Authority (RTA).
Dubai: Gold prices stable as Iran-Israel war keeps precious metal high

1 week ago | khaleejtimes.com | Waheed Abbas

Wed, Jun 18, 2025 | Dhu al-Hijjah 22, 1446 | Fajr 03:59 | DXB 34°C The attention now turns to the US Federal Reserve’s policy decision todayGold prices were steady in Dubai on Wednesday morning ahead of the US Federal Reserve meeting, but remain well-supported by the ongoing military conflict in the Middle East. The 24K variant of the precious metal was trading at Dh409 per gram, slightly up from last night’s close.
Dubai's Damac to invest $2.3 billion in one of Southeast Asia's largest AI data centres

1 week ago | khaleejtimes.com | Waheed Abbas

Edgnex Data Centres, part of Dubai-based Damac Group, announced on Tuesday its second next-generation AI-powered data centre in Jakarta, Indonesia, for $2.3 billion (Dh8.44 billion). This will be one of Southeast Asia’s largest AI-dedicated developments, with a capacity of 144 MW. In 2024, Edgnex announced its first data centre in Indonesia, a planned 19.2 MW data centre to be built at MT Haryono in Jakarta.