Heimir Fannar Gunnlaugsson Archives
Heimir Fannar Gunnlaugsson, Chief Executive Officer at Nanitor, shared insights with Tahawultech.com on evolving cybersecurity needs, the role of AI, and strategic partnerships during his participation at GISEC Global 2025.
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Khaleej Times
an hour ago
- Khaleej Times
UAE Lottery: 7 residents bag Dh100,000 each in 13th lucky chance draw
The 13th draw of the Lucky Day, Lucky Chance draw at the UAE Lottery brought life-changing news to seven participants on Saturday, May 31, with each winning Dh100,000 in the weekly Lucky Chance raffle. The jackpot-winning numbers — days 3, 8, 18, 22, 25, and 31 followed by the month 7. Lucky Chance Draw Nunber 250531 announced the following winning ticket numbers: BH3282182 CH5863285 CH5844534 BJ3445984 CL6274201 BE2929558 DC7937029 Each of these ticket holders is now Dh100,000 richer, a reward that could help fulfill long-held dreams, cover family expenses, or support education and savings goals. The UAE's first and only regulated lottery was launched in December last year, offering a Dh100-million jackpot. Depending on how many numbers are matched, players can take home prizes ranging between Dh100 and Dh100 million. While the odds of winning the jackpot are one in over 8 million, "someone in the UAE will win the Dh100 million for sure," Bishop Woosley, director of Lottery Operations at The Game, which operates UAE Lottery, had earlier told Khaleej Times. Asked if the company was working to better the odds, Woosley had said they were looking at 'player preferences, what they play, how much they play and what games they like.' The lottery is for residents aged 18 and above in the UAE. Players are not allowed to participate in the games unless they are physically present in the country at the time of playing. As of now, the prizes are not subject to any taxes.
Khaleej Times
3 hours ago
- Khaleej Times
UAE President, Lebanese head of state discuss regional developments over phone
UAE President Sheikh Mohamed bin Zayed Al Nahyan and his Lebanese counterpart Joseph Aoun reiterated the importance of stability and security across the region and said that it was vital to promote peace. The two leaders spoke over the phone on Saturday, May 31 during which they discussed relations between the two countries and explored ways to enhance cooperation across various sectors. Earlier in the week, Lebanese Prime Minister Dr. Nawaf Salam was in Dubai for the Arab Media Summit during which he expressed deep gratitude to the UAE and President Sheikh Mohamed for fulfilling promises to allow Emiratis to return to their 'second home' Lebanon. 'Lebanon does not forget the gestures of our brothers in the Arabian Gulf.' Dr. Salam had said. The Lebanese premier said that approximately 190,000 Lebanese citizens live and work in the UAE. UAE and Lebanon agreed to allow citizens to travel after taking the necessary measures to facilitate movement between the two countries and establishing appropriate mechanisms. UAE citizens were allowed to travel to Lebanon effective May 7 but prior registration on the Ministry of Foreign Affairs' Twajudi platform is mandatory.
Arabian Business
3 hours ago
- Arabian Business
OPEC+ countries announce oil production increase
OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023 met virtually on May 31 to review global market conditions and outlook. The countries are: Saudi Arabia Russia Iraq UAE Kuwait Kazakhstan Algeria Oman OPEC+ oil production boost In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on December 5, 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411,000 barrels per day in July 2025 from June 2025 required production level. This is equivalent to three monthly increments as detailed in the table below. The gradual increases may be paused or reversed subject to evolving market conditions. This flexibility will allow the group to continue to support oil market stability. The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation. The eight countries reiterated their collective commitment to achieve full conformity with the Declaration of Cooperation, including the additional voluntary production adjustments that were agreed to be monitored by the JMMC during its 53rd meeting held on April 3, 2024. They also confirmed their intention to fully compensate for any overproduced volume since January 2024.
