Author: dailyguardian.ae

From drones that will improve agriculture to an entire zone dedicated to producing food, Dubai is doing everything it can to ensure food security in the emirate. Three innovations in food production and agriculture were introduced at the Food Innovation conference last week. Food Tech Valley, an initiative by the UAE government to address food security, will see an entire area in Dubai’s Al Warsan turn into a zone for producing food. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “This is going to have a sustainable production of greens, veggies, fruit types like strawberry…

Iranian President Ebrahim Raisi died in a helicopter crash on Sunday (May 19), bringing to light similar incidents, where leaders died while in office. Since 1936, 27 heads of state and government have died in aviation accidents. Here are five leaders who lost their lives in a crash while in office: Stay up to date with the latest news. Follow KT on WhatsApp Channels. Swedish Prime Minister Arvid Lindman died in an aircraft crash on December 9, 1936, when the his plane crashed just after take off. The dense fog in the area contributed mostly to the tragedy. On March…

Xander Schauffele finally added some elusive silverware to his Olympic gold, shedding the title of golf’s nearly man on Sunday with a dramatic birdie on the final hole to win the PGA Championship and hoist the massive Wanamaker Trophy. A week after squandering a two-shot lead in the final round at the Wells Fargo, Schauffele took the same advantage onto the back nine at the Valhalla Golf Club but this time would not fold, holding his nerve and claiming his maiden major title with a pressure-packed six-foot putt. “I was pretty nervous,” admitted Schauffele. “I kept reading it, kept kind…

Gold prices hit a record high on Monday morning in the UAE due to global rates jumping on the expectations of slowing US inflation. In the UAE, the 24K variant of the yellow metal rose Dh2.5 per gram to Dh295.0 per gram at the opening of the markets on Monday as compared to last week’s close of Dh292.5 per gram. While 22K, 21K and 18K variants were trading at Dh273.25, Dh264.5 and Dh226.75 per gram, respectively. The gold prices have risen by over Dh18 per gram since the start of this year. Spot gold was trading at $2,438.29 per ounce,…

Banks in the UAE will continue to achieve strong results during this year, supported by prevailing high interest rates despite an expected trend of reduction, rating agencies said. Dr. Mohamed Damak, a financial institution ratings analyst at S&P Global Ratings, said he expects three interest rate cuts this year, totalling 75 basis points in the second half of the year, followed by further cuts of 125 basis points in 2025. “When discussing asset quality, the picture remains strong, with a low level of non-performing loans and a coverage ratio of 100 per cent, which is more than adequate,” said Damak.…

As part of Sharjah’s participation as Guest of Honor at the Thessaloniki International Book Fair2024 Bodour Al Qasimi inaugurates the Greek edition of ‘Folktales Reimagined’ Athens (Greece), May 19, 2024 As part of Sharjah’s participation as a Guest of Honor at the Thessaloniki International Book Fair 2024 (TIBF) in Greece, Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority (SBA) and Founder and Patron of the UAE Board on Books for Young People (UAEBBY), inaugurated yesterday, Saturday, the Greek edition of the ‘Folktales Reimagined’ exhibition, at Thessaloniki Central Library, organized by UAEBBY in collaboration with the Greek Board…

SpaceX has launched and landed a first-stage Falcon 9 booster for a record 21st time. The record-breaking mission got underway from the Kennedy Space Center in Florida on Friday night and deployed 23 Starlink internet satellites into orbit. The first-stage booster supporting the mission previously launched GPS III Space Vehicle 04, GPS III Space Vehicle 05, Inspiration4, Ax-1, Nilesat 301, OneWeb Launch 17, ARABSAT BADR-8, and now 14 Starlink missions. The achievement highlights SpaceX’s groundbreaking flight system that allows it to reuse its first-stage Falcon 9 booster by landing it back on the ground — or sometimes on a barge…

A helicopter carrying Iranian President Ebrahim Raisi and his foreign minister crashed on Sunday as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters, and rescuers were struggling to reach the site of the incident. The official said the lives of Raisi and Foreign Minister Hossein Amirabdollahian were “at risk following the helicopter crash”, which happened on the way back from a visit to the border with Azerbaijan in Iran’s northwest. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “We are still hopeful but information coming from the crash site is…

Kaizen AI Revolutionizes GCC Real Estate Industry with AI-Powered Profit Optimization crossing USD 5.4 Billion Groundbreaking AI-Powered Solutions Propel Kaizen AI to the Forefront of Real Estate Innovation, Transforming Large-Scale Building Projects Across the Middle East Date: Dubai, UAE, May 19, 2024 News Highlights: Profit Increase: Kaizen AI, an AI-based design optimization engine, achieves an average profit increase of 10.46% per project, with each project delivering an average increase of US$36 million in profits without compromising design integrity. Tangible Profits: Over 150 projects were successfully optimized, resulting in a cumulative profit increase of US$5.4 billion. Regional Expansion: Kaizen AI has…

Love crossword puzzles but don’t have all day to sit and solve a full-sized puzzle in your daily newspaper? That’s what The Mini is for! A bite-sized version of the New York Times’ well-known crossword puzzle, The Mini is a quick and easy way to test your crossword skills daily in a lot less time (the average puzzle takes most players just over a minute to solve). While The Mini is smaller and simpler than a normal crossword, it isn’t always easy. Tripping up on one clue can be the difference between a personal best completion time and an embarrassing…