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  • Dubai delivers a thriller as Fitzpatrick edges McIlroy in DP World Championship playoff

    Dubai delivers a thriller as Fitzpatrick edges McIlroy in DP World Championship playoff

    Dubai once again proved its mettle as a premier destination for sporting drama, hosting the DP World Tour Championship at Jumeirah Golf Estates. The tournament culminated in a nail-biting playoff between Englishman Matt Fitzpatrick and Northern Ireland’s Rory McIlroy, delivering a spectacle that will be etched in golfing history. Fitzpatrick emerged victorious after McIlroy’s errant tee shot found the water, allowing Fitzpatrick to chip to three feet and secure the win with a par putt. This victory marked Fitzpatrick’s third DP World Tour Championship title, adding to his triumphs in 2016 and 2020. McIlroy, despite the heartbreak, secured his seventh Race to Dubai title, solidifying his status as Europe’s top player of the year. The event showcased the resilience and precision of both competitors, with McIlroy forcing the playoff with a stunning eagle on the 18th hole. Fitzpatrick’s victory was a testament to his meticulous preparation and unwavering focus, while McIlroy’s achievements throughout the year, including victories at the Masters and The Players Championship, underscored his dominance in the sport. The DP World Tour Championship continues to be a proving ground for golf’s elite, with Dubai’s world-class facilities and dramatic finishes cementing its reputation as a global hub for the sport.

  • The oil pipeline feud testing Canada’s global ambitions

    The oil pipeline feud testing Canada’s global ambitions

    The longstanding tension between Alberta and British Columbia has escalated as Alberta Premier Danielle Smith pushes for a new oil pipeline to the Pacific coast, while British Columbia Premier David Eby firmly opposes the plan. The proposed pipeline, aimed at accessing Asian markets, has reignited a fierce debate over Canada’s energy future, environmental protections, and interprovincial cooperation. Alberta, home to vast oil reserves, views the pipeline as essential for economic growth and reducing reliance on U.S. markets. However, British Columbia, a hub for environmental activism, has dismissed the proposal as “fictional” and “political,” citing concerns over environmental risks and the lack of private sector interest. The dispute underscores a broader national challenge as Prime Minister Mark Carney seeks to position Canada as a global energy superpower while navigating internal divisions. Carney has avoided taking sides but emphasized the need for dialogue and cooperation between provinces. Meanwhile, Alberta’s Smith has accused Eby of being “un-Canadian” for blocking the project, which she argues would benefit the entire country. The conflict highlights the complexities of balancing economic ambitions with environmental and indigenous rights, as Canada strives to meet its climate goals and diversify its energy exports.

  • Two US marines implicated in killing family in notorious Iraq war shooting, expert tells BBC

    Two US marines implicated in killing family in notorious Iraq war shooting, expert tells BBC

    Safa Younes, now 33, remains the sole survivor of a harrowing incident that claimed her entire family in the Iraqi town of Haditha. On November 19, 2005, US Marines stormed her family home, opening fire and killing her parents, siblings, and aunt. Safa, then just 13, survived by pretending to be dead among the bodies of her loved ones. Two decades later, a BBC Eye investigation has uncovered new evidence implicating two Marines in the killings, raising serious questions about the accountability of US armed forces. The Haditha massacre, which resulted in the deaths of 24 Iraqi civilians, including women and children, remains one of the most controversial episodes of the Iraq War. Despite extensive investigations, no one has been convicted for the killings. The Marines claimed they were responding to gunfire after a roadside bomb attack, but Safa insists her family was unarmed and innocent. Forensic expert Michael Maloney’s analysis suggests that two Marines entered the room where Safa’s family was shot, contradicting earlier accounts. The case highlights systemic failures in military justice, with survivors like Safa still seeking accountability and closure.

  • Aditi Rao Hydari warns public of fake WhatsaApp account using her photo

    Aditi Rao Hydari warns public of fake WhatsaApp account using her photo

    Bollywood actress Aditi Rao Hydari has issued a public warning about a fraudulent WhatsApp account impersonating her. On Sunday, November 16, 2025, the ‘Heeramandi’ star took to Instagram to address the issue, revealing that an unknown individual has been using her photographs to contact photographers under the guise of organizing photoshoots. Hydari emphasized that she does not use personal numbers for professional communications and urged her followers to remain vigilant. She advised against engaging with the fake account and requested that any suspicious activity be reported to her team immediately. Hydari expressed gratitude to her fans for their support and vigilance in protecting her identity. The actress, last seen in the acclaimed series ‘Heeramandi: The Diamond Bazaar’, continues to be a prominent figure in the Indian entertainment industry. This incident highlights the growing issue of celebrity impersonation on social media platforms, raising concerns about online security and privacy.

  • Coach Gambhir questions ‘technique and temperament’ of Indian batters

    Coach Gambhir questions ‘technique and temperament’ of Indian batters

    Indian cricket coach Gautam Gambhir delivered a scathing critique of his team’s batting performance following their unexpected 30-run loss to South Africa in the first Test at Eden Gardens, Kolkata. Chasing a modest target of 124 on a challenging, turning pitch, India collapsed to 93 all out in the second session of day three. Gambhir emphasized that the pitch was not unplayable but exposed the batters’ lack of technique, mental toughness, and temperament. Only Washington Sundar showed resilience with a gritty 31, while South African off-spinner Simon Harmer dominated with figures of 4-21. Gambhir refused to blame the pitch, stating, ‘Irrespective of how the wicket was, 124 was chaseable.’ He also highlighted the absence of skipper Shubman Gill, who was hospitalized due to a neck injury, as a significant setback. South Africa’s captain Temba Bavuma, who scored a defiant 55 not out, acknowledged the pitch’s difficulty but praised his team’s application. The Proteas now aim to secure their first Test series win in India since 2000 as the second Test begins in Guwahati on Saturday.

  • Fixed income gains ground among UAE investors amid market volatility

    Fixed income gains ground among UAE investors amid market volatility

    In the face of ongoing global market uncertainty and heightened geopolitical risks, fixed income investments are increasingly becoming a cornerstone in the portfolios of UAE investors. Kareena Moledina, Lead for Fixed Income Client Portfolio Management (EMEA) at Janus Henderson Investors, recently shared her insights with Khaleej Times on the growing relevance of bonds in the region’s investment strategy.

    Moledina highlighted three primary benefits of fixed income investments: steady income, capital preservation, and diversification. With yields currently at attractive levels, investors can secure reliable, tax-free cash flows without assuming excessive risk. This is particularly advantageous in the UAE, where many investors depend on consistent income to meet their financial obligations.

    Beyond income generation, bonds act as a defensive anchor in portfolios that are heavily weighted towards equities and real estate. ‘When markets become volatile, fixed income helps preserve capital,’ Moledina explained. ‘It serves as a stabilizing force, especially in economies like the UAE’s, where exposure to property and energy is significant.’

    Moledina also emphasized how bonds complement traditional asset classes in the Gulf Cooperation Council (GCC), which are typically cyclical and sensitive to economic downturns. Unlike equities and real estate, which often decline together during slowdowns, bonds tend to rise when central banks cut interest rates. This inverse relationship helps smooth portfolio performance and reduce overall volatility.

    Liquidity is another key advantage of fixed income investments. While real estate transactions can be slow and costly, and equities volatile, high-quality bonds offer quick access to cash. ‘Fixed income plays a key role in the liquidity waterfall of a portfolio,’ Moledina noted, referring to the hierarchy of assets investors can tap into when needed.

    In a dollar-pegged economy like the UAE’s, the current ‘higher-for-longer’ interest rate environment presents both opportunities and challenges. On the upside, yields are significantly more attractive than during the ultra-low-rate era, allowing income-seeking investors to earn meaningful returns from high-quality bonds. However, Moledina cautioned that portfolio construction is now more critical than ever.

    ‘Investors should focus on shorter-duration, higher-quality assets to mitigate downside risks,’ she advised. Floating-rate securities, such as collateralised loan obligations (CLOs), are gaining popularity for their ability to adjust income streams in line with interest rate movements, offering a natural hedge against volatility.

    Risk management remains central to fixed income investing. Moledina outlined key risks including interest rate fluctuations, inflation, credit stress, and geopolitical shocks. ‘Detailed bottom-up research is essential,’ she said, emphasizing the importance of analysing cash flows, leverage, and refinancing profiles to identify resilient issuers.

    Diversification across issuers, sectors, and geographies also helps protect portfolios from systemic shocks. ‘Quality, liquidity, and diversification are the pillars of capital preservation,’ she added.

    Securitised credit, once a niche segment, is now gaining traction among investors seeking stable income and attractive valuations. With spreads in traditional corporate bonds tightening, securitised assets offer a compelling alternative. ‘They provide a spread pick-up of 40 to 50 basis points over investment-grade corporates while maintaining higher credit quality,’ Moledina said.

    Many of these instruments are floating-rate, making them well-suited to the current interest rate environment. Even if rates decline, securitised assets continue to deliver strong returns due to their underlying credit spreads.

    Janus Henderson, a leading manager of securitised active ETFs, has played a pivotal role in enhancing liquidity and transparency in the fixed income space. ‘Our scale allows us to offer efficient execution and clear pricing visibility, especially in securitised credit,’ Moledina said.

    As UAE investors seek to build resilient portfolios amid global uncertainty, fixed income is proving to be a powerful tool—offering stability, income, and flexibility in a rapidly changing financial landscape.

  • UAE’s residential property market continues upward trajectory in the third quarter

    UAE’s residential property market continues upward trajectory in the third quarter

    Dubai’s residential property market has maintained its upward momentum in the third quarter of 2025, with off-plan sales leading the charge. According to a report by Cavendish Maxwell, residential transactions surged to 55,300 deals, reflecting a 17.1% year-on-year increase. This growth is attributed to rising investor confidence and population expansion. The off-plan segment dominated the market, accounting for 76% of total activity, with 42,000 transactions—a 23.6% annual and 18.1% quarterly increase—despite a slowdown in new project launches. Dubai Investments Park (DIP) has emerged as a key destination for affordable housing and high-yield investments, offering competitive pricing and rental returns averaging 9% to 11%. Reportage Group recently launched Verdana 8 and Verdana 9, expanding its successful residential community within DIP. Meanwhile, Ras Al Khaimah’s Al Marjan Island saw apartment prices rise by 16.8% annually, with capital values increasing by 6.3% quarterly. Mondrian Al Marjan Island Beach Residences, developed by ELEVATE and Ennismore, is now open for private sales, featuring 343 residences designed to blend lifestyle, art, and community. Dubai’s property market remains a global investment hotspot, supported by tax-free income, high ROI, and Golden Visa eligibility.

  • Bin Ghadayer’s quiet confidence rewarded with impressive Jebel Ali Racecourse double

    Bin Ghadayer’s quiet confidence rewarded with impressive Jebel Ali Racecourse double

    Salem bin Ghadayer, the Emirati horse trainer renowned for his composed demeanor and methodical approach, celebrated a remarkable double victory at the Jebel Ali Racecourse on Saturday. Despite the significant achievement, Bin Ghadayer’s reaction was characteristically understated, reflecting his philosophy of quiet confidence and meticulous preparation. His horses, Deciduous and On The Way, both considered underdogs, delivered commanding performances that underscored the trainer’s expertise in nurturing equine talent.

  • UAE weather tomorrow: Temperatures to drop; cloudy day expected

    UAE weather tomorrow: Temperatures to drop; cloudy day expected

    The United Arab Emirates is set to experience a noticeable shift in weather conditions as temperatures are expected to drop across the region. According to the National Centre of Meteorology (NCM), Monday, November 17, will bring fair to partly cloudy skies, with low clouds forming over the sea and islands. This change marks the seasonal transition from autumn to winter, particularly affecting coastal areas. Temperatures in Dubai are forecasted to reach a low of 23ºC, while Sharjah will see a cooler 17ºC. Abu Dhabi will also experience a dip, with temperatures dropping to 20ºC. Humidity is expected to increase by night and into Tuesday morning, potentially leading to fog or mist in coastal and internal regions. Winds will be light to moderate, blowing from the northeast to northwest at speeds of 10-20 km/h, occasionally reaching 30 km/h. Sea conditions in the Arabian Gulf and Oman Sea will remain slight. Residents are advised to stay updated on weather developments as the UAE embraces the cooler season.

  • New York Jets player in critical condition after Manhattan shooting

    New York Jets player in critical condition after Manhattan shooting

    Kris Boyd, a cornerback for the New York Jets, was critically injured after being shot in the abdomen early Sunday morning in midtown Manhattan, according to US media reports. The incident occurred around 02:00 local time (07:00 GMT) outside Sei Less, a high-end restaurant. The New York Police Department (NYPD) confirmed the shooting but did not publicly identify the victim. However, a spokesperson for the Jets verified to the BBC that Boyd was the individual involved. Boyd, 29, is currently in critical condition at a local hospital. The NYPD has yet to apprehend any suspects, and an investigation remains ongoing. Boyd, who joined the Jets earlier this year, previously played for the Houston Texans, Arizona Cardinals, and Minnesota Vikings. He had been on injured reserve since August due to a shoulder injury sustained during team practice. Jets linebacker Jermaine Johnson took to X (formerly Twitter) to request prayers for Boyd’s recovery, writing, ‘Lord please hold your healing hand over Kris and guide him back to health and safety.’ Fans have also flooded social media with messages of support for Boyd. This incident highlights the ongoing issue of gun violence in the United States, particularly in New York City.