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Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm Trustar Capital, a person familiar with the matter told Reuters.Trustar said late on Monday it had reached a transaction agreement with Alibaba to acquire the tech giant’s entire stake in Lingxi.Alibaba and Trustar reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Monday by the game developer’s CEO Zhou Bingshu and reviewed by Reuters.Lingxi and Alibaba did not respond to requests for comment from Reuters on…
ABIDJAN, 17th August, 2026 (WAM) — Under the patronage of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Republic of Côte d’Ivoire hosted the fifth edition of the Arab Poetry Gathering, organised by the Cultural Affairs Department of the Department of Culture in Sharjah, as part of the Arab Poetry Gatherings in Africa. Held in cooperation with cultural and literary organisations in the capital, Abidjan, the gathering featured 10 male and female poets and was attended by academics, intellectuals and those interested in the Arabic language, poetry and literature. The gathering…
ABU DHABI, 17th August, 2026 (WAM) — AD Ports Group on Monday announced that it has received a notification from L’IMAD Holding Company PJSC (L’IMAD), a sovereign investor of the Government of Abu Dhabi, of its intention to submit a voluntary conditional cash offer, through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ), to acquire up to 100 percent of the issued and paid-up share capital of Abu Dhabi Ports Company PJSC (AD Ports Group) not already held by ADQ (a copy of which is enclosed). L’IMAD, through ADQ, currently owns 75.42 percent of AD Ports Group.…
ABU DHABI, 17th August, 2026 (WAM) — The National Space Science and Technology Centre (NSSTC) at the United Arab Emirates University (UAEU) announced the successful launch of the SEO satellite aboard A Long March 2C carrier rocket from the Taiyuan Satellite Launch Centre in China. The achievement is part of the centre’s efforts to develop national space projects, strengthen UAE capabilities in the sector and support the country’s ambitions in science, technology and innovation. The SEO project also aims to develop national talent by providing Emirati researchers and engineers with practical experience in satellite design, development and operations in cooperation…
Aspiring musicians in Dubai will soon be able to study for a Bachelor of Music without leaving the city, as SAE University College prepares to launch what it says is Dubai’s first accredited degree of its kind. The three-year, full-time programme will begin in September 2026, with applications currently open. It comes as the UAE looks to expand its cultural and creative industries, with a national target for the sector to contribute 5 per cent of GDP by 2031. According to Jan Horn, Managing Director of SAE University College Dubai, the timing reflects a gap between the growth of the…
Nearly 30 years after Tupac Shakur was fatally shot in Las Vegas, the man accused of masterminding his killing is going on trial.Opening statements are set to begin on Monday in the murder trial of Duane “Keffe D” Davis, a former street gang leader accused of orchestrating the 1996 drive-by shooting that killed the hip-hop star.Davis, 63, is charged in Clark County, Nevada, with one count of murder using a deadly weapon. He has pleaded not guilty.Stay up to date with the latest news. Follow KT on WhatsApp channels.Prosecutors allege Davis led a group of men in a plot to…
Technology has changed not only how we access information, but how much of it we expect ourselves to remember.With so much of our everyday lives stored on devices, remembering something can increasingly mean knowing where to find it rather than holding onto the information itself.The phenomenon is often called “digital amnesia”. However, psychologists more commonly discuss the behaviour through concepts such as cognitive offloading and transactive memory rather than treating digital amnesia as a clinical condition.Stay up to date with the latest news. Follow KT on WhatsApp channels.Cognitive offloading refers to using external tools to reduce the mental demands of…
LONDON, 17th August, 2026 (WAM) — Abu Dhabi Future Energy Company PJSC – Masdar and ScottishPower Renewables have completed a major construction milestone at the £4 billion East Anglia THREE offshore wind farm, with all 95 foundations now installed off the Suffolk coast. Weighing in at 1,200-1,800 tonnes, standing 67-84 metres tall and with a diameter of up to 10.6 metres, the monopiles are the largest to be installed from a jack-up vessel in Europe. The installation of all 95 transition pieces – 20 metres in height, 8 metres in diameter and weighing more than 400 tonnes – has also…
Susan Egan has her picks for who should play Hercules and Megara in a live-action adaptation of Disney’s Hercules: Tom Holland and Zendaya.Egan, who voiced Meg in the 1997 animated film, suggested the couple for the roles while speaking to Deadline at D23.Asked who she would like to see take on Hercules and Meg, Egan named Holland and Zendaya. “Tom Holland and Zendaya, the world needs it.”Egan also pointed to Zendaya’s confidence, voice and presence as qualities that would make her suited to Meg. She said her choice was not simply because Holland and Zendaya are the “it” couple, adding that…
Spider-Man: Brand New Day has crossed $2 billion at the worldwide box office just three weeks after its release, adding another major record to Tom Holland’s return as the Marvel superhero.According to studio estimates, the film has earned $785.8 million in North America and around $1.24 billion internationally, taking its global total past $2.02 billion after three weekends in cinemas.The milestone makes Brand New Day only the eighth film in history to cross $2 billion worldwide and the second fastest to get there.Avengers: Endgame remains the fastest film to reach both $1 billion and $2 billion worldwide, hitting the milestones in five and 11…
