Khaleej Times - January 02, 2025

Khaleej Times - January 02, 2025

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In this issue
January 02, 2025
More shoppers shifting to diamond-studded and 18-carat jewellery
More shoppers in Dubai and the UAE are increasingly shifting to diamond jewellery as gold prices remain high, retailers said.

2 mins
Mubadala emerges as world's top SWF investor in 2024
The UAE’s Mubadala emerged as the top investor among sovereign wealth funds (SWFs) globally in 2024, investing $29.2 billion (Dh107 billion) — up from $17.5 billion in 2023 — to expand its portfolio.
2 mins
Dubai rents: New leases are up to 30% costlier than renewals
Tenants in Dubai are paying up to 30 per cent more for new leases compared to renewals as demand from residents looking for new homes remains high, experts said.
2 mins
Dubai's AI Rigga Street partied into NYE and cleaners swept it up 'like nothing happened'
Head out to Dubai's AI Rigga Street today and you'll find a clean, quiet neighbourhood, without any trash in sight.
1 min
7 in 10 new mums rely on family for baby care advice despite countless tips online
Parenting advice and childcare tips may be a few taps away but most new mums in the UAE would rather ask their own mother for help when it comes to taking care of their babies, a new survey has revealed.

3 mins
UAE's Generation Beta: A glimpse of the first babies born in 2025
As fireworks dazzled over the UAE in the first minutes of January 1, some maternity wards were lucky enough to witness a special moment: The birth of a new generation. Here comes the Generation Beta.

3 mins
New Year's Day just a normal working day for some residents
While most of the world rang in the New Year with fireworks, family gatherings and well-deserved rest, countless individuals remained steadfast at their posts, ensuring vital services ran seamlessly.
2 mins
'Never seen anything like this back home'
NYE in Dubai an unforgettable experience: Tourists

2 mins
'Flying' duo enjoy Abu Dhabi fireworks like no one else
On New Year's Eve, while residents and tourists flocked to Abu Dhabi Corniche to secure the best vantage points to catch the bedazzling fireworks display, Kalvis Lakucs and Sean Sherley enjoyed the view like none.

1 min
RAK sets new records with captivating drone shows
The show celebrated the emirate's heritage, redefining how the world welcomes the new year

2 mins
Dubai Ruler praises heroes behind stunning NYE celebrations
As fireworks lit up at 36 locations across Dubai to celebrate the biggest night of the year and welcome 2025, countless individuals worked tirelessly behind the scenes to ensure the event's success.
2 mins
Investors hope for US stock market trifecta this year
Investors are expecting more gains for the US stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump.

4 mins
Gold was top asset class last year
Gold was the best performing asset class last year, reflecting increasing risks and a flight to safety for a majority of investors, a study showed on Wednesday.

2 mins
Dubai - The new global leader in business events
The city is drawing business events from around the world, supporting economic growth and enhancing Dubai's status as a knowledge hub

3 mins
US oil production rose to record high in October, EIA data shows
US oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic, data from the US Energy Information Administration showed on Tuesday.
1 min
Dubai Duty Free achieves new annual record sales of Dh7.9B
The New Year began on a high note for Dubai Duty Free with the operation announcing a new annual sales record of Dh7.901 billion for 2024, with a major surge in sales happening towards the end of the year.

2 mins
Pakistan's annual inflation slowed to 4.1% in December
Pakistan’s consumer inflation rate slowed to 4.1 per cent year on year in December, the statistics bureau said on Wednesday, the lowest in more than six and a half years.
1 min
India delays UPI payments market share cap
India has delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart-backed PhonePe.
1 min
Inside the broken audit system of luxury goods
LVMH-owned Dior’s production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found.

6 mins
Nippon Steel sends Biden new US Steel proposal
Nippon Steel has sent the White House a new proposal on US Steel, attempting to get the green light from President Joe Biden to acquire the American company, a US media report said Tuesday.

1 min
Syria's new information minister AI Omar promises free press
Syria's minister of information in the country's transitional government told AFP he is working towards a free press and committed to \"freedom of expression\", after decades of tight control under the country's former rulers.
2 mins
Saudi Arabia launches humanitarian air bridge to Syria
Saudi Arabia on Wednesday launched a humanitarian air bridge to Syria, delivering food, shelter and medical supplies, the official Saudi Press Agency reported.
1 min
Gaza rescuers say 15 killed in Israeli New Year strike
Gaza's civil defence agency said on Wednesday that an Israeli air strike in the territory's north killed at least 15 people, marking what the rescuers called the New Year's first deadly attack.

2 mins
New year hope and joy reign in a Damascus freed from Assad
Umayyad Square in Damascus hummed to the throngs of people brandishing \"revolution\" flags as Syria saw in the new year with hope following 13 years of civil war.
2 mins
UAE evacuates 55 critically wounded people, family members from Gaza
The UAE evacuated 55 critically wounded people and patients from the Gaza Strip — including children and cancer patients in need of extensive treatment —from Ramon airport in Israel via Karam Abu Salam crossing to receive medical treatment in the country's hospitals, accompanied by 72 family members.

1 min
Number of cyclones not increasing, but intensity is
The number of tropical cyclones each year has not risen over the past four decades but their intensity has, according to international databases analysed by AFP that confirms the projections of climatologists.
1 min
Carter's Middle East peace legacy survives, but mostly in name
US president Jimmy Carter, who died on Monday, left an enduring legacy when he brokered historic peace between Egypt and Israel — tepid and shaky, but unbroken even by the nearly 15-month-long Gaza war.

3 mins
Bangladesh saw surge of mob killings in 2024: Rights groups
Mob killings in Bangladesh surged after the August revolution last year that toppled the iron-fisted rule of ex-leader Sheikh Hasina, three rights groups said on Wednesday.
1 min
Right-wing YouTubers back South Korea president's last stand
Camped on the street winding up to the residence of South Korea’s impeached president, protesters direct vitriol at police and echo obscure conspiracies as investigators prepare to execute a warrant for his arrest.

1 min
South Korea to send Jeju Air crash black box to US
South Korean investigators probing a Jeju Air crash which killed 179 people in the worst aviation disaster on its soil said Wednesday they will send one of the retrieved black boxes to the United States for analysis.

2 mins
Biden tries to Trump-proof agenda, bolster legacy in final days in office
Like prior lame-duck US presidents, Joe Biden has been racing to complete unfinished business in an attempt to bolster his legacy — and protect his signature policies — before handing over the keys to the White House.

2 mins
Charred bodies in Ecuadorare missing adolescents
Genetic tests on charred bodies found near an Ecuador military base confirm they are those of four boys taken by soldiers three weeks ago, officials said on Tuesday.
1 min
Musk changes his name to Kekius Maximus on X
The world's richest man sparks speculation among his 210 million followers about his mysterious new handle

2 mins
Truck ramming kills 10 New Year's revellers in New Orleans, injures 35
Police say he was hell-bent on creating the carnage’; suspect killed in shootout with police

3 mins
UK's PM seeks to boost public morale after negative messaging
British Prime Minister Keir Starmer on Tuesday attempted to boost public morale by pledging a \"year of rebuilding\" while \"rediscovering the great nation that we are\" in 2025.

1 min
Milan says no to all outdoor smoking in toughest ban
Smokers in Italy's financial and fashion capital of Milan risk being fined for lighting up on city streets or crowded public areas, after the country's toughest ban comes into effect Wednesday.
1 min
Migrants crossing Channel to UK in 2024 soar by 25 per cent
The number of irregular migrants arriving in Britain on small boats soared in 2024, data showed Wednesday, piling pressure on Prime Minister Keir Starmer to stem the dangerous Channel crossings.

3 mins
Kenya govt investigating fallen space debris
Kenyan officials said on Wednesday they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country’s south.
1 min
Five dead in Germany from fireworks accidents
Five people died across Germany and a police officer was seriously injured from accidents linked to the powerful fireworks Germans traditionally set off to celebrate the new year, police said in a preliminary count.

1 min
London mayor draws line under Trump feud
Sadiq Khan: As somebody who believes in democracy, who believes in elections, I think we have got to respect the outcome of the presidential elections...
2 mins
India's 2024 was hottest year since 1901: Meteorological office
India’s meteorological department said on Wednesday that 2024 was the hottest year since 1901, with sizzling temperatures in the world’s most populous nation following a global pattern of extreme weather sparked by climate change.
2 mins
Desertions spark panic, and pardons, in Ukraine's army
Oleksandr deserted from the front line in eastern Ukraine after watching his fellow servicemen being pulverised by Russian bombardments for six months. Then, those remaining were ordered to counterattack.

3 mins
Mayotte families left homeless by cyclone Chido leave shelters
Two weeks after a devastating cyclone hit the French Indian Ocean archipelago of Mayotte, the atmosphere at Le Manguier school in the capital Mamoudzou is tinged with sadness and resignation.

2 mins
No more cheap Russian gas to Europe as contract expires
Decades-long arrangement ends, with Ukraine opting not to extend the deal

2 mins
Shastri wants two-tier Test system after MCG blockbuster
Former India coach Ravi Shastri called on Wednesday for a two-tier structure in Test cricket with relegation and promotion to ensure the survival of the red-ball game.

2 mins
New AC Milan coach Conceicao targets top four finish
AC Milan's new manager Sergio Conceicao has targeted a Champions League qualifying spot after a disappointing start to the season has left them eighth in Serie A outside the European places.
1 min
Carey plays down fears over Starc's fitness
Australia wicketkeeper Alex Carey has backed Mitchell Starc to be ready for the decisive fifth and final Test of the series against India when it starts in Sydney on Friday despite doubts over the fast bowler's fitness.

2 mins
Olmo's Barcelona future in air over registration race
Dani Olmo's future at Barcelona was plunged into uncertainty as La Liga poured cold water on the financially troubled Catalan giants' frantic attempts to register the Spain star.

1 min
Rashford slams 'ridiculous' claim over potential Manchester United exit
Marcus Rashford has blasted \"ridiculous\" claims that the unsettled Manchester United star wants a new agent to fulfil his desire to quit Old Trafford.

1 min
Kazakhs end German hopes; US enter United Cup semis
Kazakhstan ended Germany's title defence at the United Cup on Wednesday while in augural champions United States also made the last four beating China in the mixed team tennis tournament.

2 mins
Dimitrov wins, end of NovakKyrgios doubles journey
Grigor Dimitrov stayed on course for his title defence but women's second seed Emma Navarro was stunned by local favourite Kimberly Birrell at the Brisbane International on Wednesday.

1 min
Gilgeous-Alexander dazzles as Thunder beat Wolves
Shai Gilgeous-Alexander scored 40 points to lead the Oklahoma City Thunder to their 12th consecutive victory, a 113-105 decision over the visiting Minnesota Timberwolves on Tuesday.

3 mins
This Emirati golfer uses a personal diary to chart her success
Driven by determination to excel and leave a lasting legacy, 17-year-old Faye Alblooshi is relentlessly chasing her dream of becoming a leading figure in Emirati golf.

3 mins
Liam Payne's manager, hotel staff failed singer, judge says
An Argentine judge argued that the manager of former One Direction singer Liam Payne and employees of the hotel where he was staying failed the pop star in the moments before his death and allowed charges against them to proceed, according to a statement from the prosecutor’s office on Monday.

1 min
Jason Momoa is grounding Aquaman, taking on new role
Jason Momoa, known for his portrayal of Aquaman in the DC Extended Universe (DCEU), is taking on a brand new role in the universe.

1 min
Sabrina Carpenter on Espresso magic
Sabrina Carpenter’s infectious hit Espresso took the music world by surprise when it dropped earlier this year, and the Grammy-nominated singer-songwriter admits she had no idea how much it would resonate with audiences.

1 min
Deepika on becoming a mental health advocate
Deepika Padukone has been a vocal advocate for mental health awareness.

1 min
Diljit Dosanjh faces legal action after gig
Singer and actor Diljit Dosanjh’s highly anticipated New Year’s Eve concert in Ludhiana was marred by legal controversy following a complaint filed by Punditrao Dharenavar, an assistant professor from Chandigarh.

1 min
Shilpa Shetty shares her London adventure
Shilpa Shetty is currently vacationing in London with her family.

1 min
Hollywood and Bollywood films we can't wait to watch in 2025
As the curtain rises on 2025, cinema lovers are gearing up for a year of extraordinary storytelling, jaw-dropping visuals, and unforgettable performances.

5 mins
Khaleej Times Newspaper Description:
Publisher: Khaleej Times
Category: Newspaper
Language: English
Frequency: Daily
Khaleej Times is the first English newspaper to be launched in the UAE in 1978.
The broadsheet comprises of the general news section, the business pages and a lively sports section. Khaleej Times is the highest circulated of the English language newspapers throughout the Gulf.
It reaches out to all parts of the UAE. Additionally, it covers Bahrain, Oman, Kuwait, Qatar and Saudi Arabia through a dedicated distribution network.
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