Daily Archives: August 27, 2025

Sports & Recreations

This is a platform where superstars are made: Ahmed Raza highlights importance of DP World ILT20 Development Tournament

  • “This is a platform where superstars are made and where ordinary players achieve extraordinary things,” says Ahmed Raza
  • The tournament provides UAE’s upcoming cricketers with a platform to showcase their talent ahead of the DP World ILT20 2025 Player Auction, scheduled a few days after the Asia Cup 2025.
  • Fans in India can watch the action on Fancode, while rest of the world can watch on styxsports; live scoring can be found here
  • Photos from the DP World ILT20 Development Tournament can be found here

Dubai, 27 August 2025: Dubai Capitals coach Ahmed Raza emphasized the transformative power of the DP World ILT20 Development Tournament, coinciding with the league’s first-ever auction format. With 90 cricketers and support staff gearing up for the tournament, Raza believes this platform has become the cornerstone for UAE cricket’s remarkable international rise.

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Sports & Recreations

Cricket lights up pulwama marking the opening of the Royal Premier League (RPL)

Dubai, UAE, August 2025:

The Pulwama Sports Stadium in India came alive under floodlights for the region’s first-ever day-night cricket match, marking the opening of the Royal Premier League (RPL).

The inaugural match, played on August 25 between Royal Gadool and Sultan Springs Baramulla, drew thousands of enthusiastic spectators. The atmosphere was electric, with fans filling the stands and even gathering on nearby rooftops to witness the landmark moment.

Organizers said the initiative aims to provide a professional platform for local cricket talent, nurture youth participation, and promote a vibrant sporting culture in the valley.

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Business & Investments

Nearly Half of UAE Investors See Gold as a Resilient Asset as Prices Post Best 15-Year Run

Josh Gilbert, Market Analyst at eToro

Dubai, United Arab Emirates – August 27, 2025

Gold is back in the spotlight after US President Donald Trump moved to oust Federal Reserve Governor Lisa Cook, sparking concerns about central bank independence and boosting haven demand. 

Josh Gilbert, Market Analyst at eToro shares:  It’s been a stellar year for gold, with the precious metal up 29%, making it one of the best performing assets in 2025 and its best year in 15 years. This builds on the 27% gain we saw in 2024, underpinned by rising investor allocations, uncertainty becoming the new normal, and consistent central bank buying. Owning a slice of the shiny metal is more accessible than ever. Instead of stashing away coins or bars in a vault, investors can now gain exposure via exchange-traded funds (ETFs).

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Business & Investments

Confidence among global accountants’ remains fragile despite Q2 rise

Index still at low level despite first improvement since Q2 2024

The ACCA and IMA Global Economic Conditions Survey (GECS) showed improving global confidence in Q2 2025, with the index reaching its highest since Q3 2024. That said, confidence among accountants is still at a low level by historical standards.

The New Orders and Capital Expenditure indices both declined modestly, although the former is at its historical average and the latter not much below. Meanwhile, the Employment Index improved and is not that far below its historical average.

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Technologies

ZainTECH launches AI-powered  managed SecOps elevating regional cybersecurity

  • Fully managed, SaaS-based SecOps service with rapid deployment, available in the UAE, KSA, and Jordan, and rapidly expanding to other regional markets including Kuwait and Bahrain.
  • AI-driven threat detection, automated response and regional compliance built for cloud and hybrid envirnoments

Dubai, 27 August 2025—ZainTECH, the integrated digital solutions provider of Zain Group, has officially launched its AI SecOps managed security service, an AI-powered cybersecurity offering designed to deliver always-on protection across cloud and hybrid environments, aligned built around regional compliance and data sovereignty mandates.

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