Author: Editorial Team
The first rule of art collecting is love what you buy. The next rule is to understand what you are buying. Increasingly, investors see the art market as an important way to diversify their assets and potentially reap gains while also giving them enjoyment. Younger buyers – especially active in the UAE — are participating in the market in greater numbers and are expected to continue to do so with the shift in generational wealth. The global art market this year has seen a resurgence, following record-setting high-end auction sales that started in late 2025. According to the Art Basel…
ANKARA — Chairman of the Federation of Saudi Chambers of Commerce and Chairman of the Islamic Chamber of Commerce and Development (ICCD) Abdullah Saleh Kamel said that the rapid economic changes taking place today require stronger cooperation among Islamic countries and greater empowerment of the private sector to play a larger role in supporting economic development. He made the remarks while addressing the 40th meeting of the Islamic Chamber’s Board of Directors and the 72nd meeting of its Finance Committee, held in Ankara on Monday. In his speech, Kamel highlighted Saudi Arabia’s leading role in promoting economic cooperation among Islamic…
RIYADH — The Ministry of Foreign Affairs expressed Saudi Arabia’s sincere condolences and heartfelt sympathy to Qatar and its people over the death of a Qatari citizen. The Qatari citizen succumbed to his injuries caused by shrapnel resulting from the recent military operations in the region, which also caused injuries to a resident. Saudi Arabia expressed its solidarity with Qatar and the government and people of Qatar, and extended its condolences and sympathy to the family of the deceased. The Kingdom wished a speedy recovery for the injured resident. Source: Saudi Gazette
Vice Minister of Environment, Water and Agriculture Eng. Mansour Hilal Al Mushaiti witnessed the signing of 38 memoranda of understanding and cooperation agreements between the Environment, Water and Agriculture system and a number of government entities, private sector companies, and universities to support the localization of modern technologies, enhance innovation, build capacities, and exchange expertise in the water sector, in line with Saudi Vision 2030 targets. This came during the opening of the first Saudi Water Week, which kicked off in Jeddah and runs for one week, with broad national, regional, and international participation, supporting the Kingdom’s efforts to develop…
Ukraine is reportedly planning to build domestic AI computing capacity in partnership with operator Kyivstar. This move is likely a calculated bid to help strengthen the country’s critical digital infrastructure amid the ongoing war with Russia. According to Reuters, the operator signed a memorandum of understanding with Ukraine’s Economy Ministry at the Ukraine Recovery Conference in Gdansk, Poland. Kyivstar’s parent company Veon will provide financial backing for an initial phase CEO Oleksandr Komarov said could require between 3MW and 5MW of computing capacity and run into tens of millions of dollars. Komarov told Reuters, “the biggest consumer of Ukrainian AI…
For generations, the path to parenthood followed a familiar script: meet a partner, fall in love, marry and have children. But a growing number of people are separating the idea of parenting from romance altogether. Known as platonic co-parenting, the model pairs two people who want a child but are not in a romantic relationship. They agree to raise a child together, often sharing custody and responsibilities in ways similar to separated couples. The approach has gained traction in the US and Europe over the past decade, helped by online platforms designed to match prospective co-parents. One of the best-known…
RIYADH — Funeral prayer was offered for the martyrs of the Saudi Aramco helicopter crash at Al-Furqan Mosque in Dammam after Asr prayer on Monday. Those who attended the funeral prayer included Emir of the Eastern Province Prince Saud bin Naif, Minister of Energy Prince Abdulaziz bin Salman, and Deputy Emir of the Eastern Province Prince Saud bin Bandar and Saudi Aramco Chairman Yasir Al-Rumayyan. A large number of Saudi Aramco officials, employees, relatives of the deceased and citizens attended the funeral prayer. Prince Saud bin Naif extended his sincere condolences to thefamilies of the deceased. He prayed to God…
Security in the Kingdom of Saudi Arabia is not merely a perception but a tangible reality underpinning economic growth, tourism, entertainment, and quality of life, driven by the sustained efforts of government institutions and security agencies dedicated to safeguarding stability, enabling the Kingdom to rank among the world’s leading nations in safety and security. Under its wise leadership, Saudi Arabia has been recognized as the safest country among the G20 nations, according to data from the United Nations Sustainable Development Goals (SDGs) Indicators Database, in comparison with the results of the Safety Index for 2025. An impressive 97.7% of the…
AT&T recently outlined how AI is poised to reshape the way emergency call centres operate. These changes come as emergency services operators face rising call volumes, in increasingly complex situations. Writing in a company blog, AT&T executive Matt Walsh, AVP of FirstNet and the mobile operator’s NextGen 9-1-1 products, stated public safety answering points (PSAPs) are under mounting pressure as emergencies grow more complicated and expectations for speed and accuracy climb. He explained AI tools are increasingly part of the conversation, but only if the underlying emergency systems are modern enough to support them. AT&T has been developing NG9-1-1 as…
The UAE’s pharmaceutical authority is planning to incorporate AI into regulating and registering medication, the Emirates Drug Establishment (EDE) announced on Monday, June 29. During a meeting of the AI Agenda Committee, officials discussed progress on the transition to Agentic AI in pharmaceutical regulation. This includes application of Agentic AI across medicine registration, regulatory oversight, inspections and pharmaceutical supply chains, in addition to strengthening data integration and developing performance indicators. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Members also reviewed plans to enhance regulatory operations to strengthen drug security and improve preparedness for global developments. Chaired by Saeed…