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Chess Grandmasters assemble in London for Global Chess League

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In a unique sports event, many of the world’s strongest chess players have gathered in London for the Tech Mahindra Global Chess League, the only professional sports league where men and women compete together on mixed-gender teams. Created as a joint venture between Indian tech giant Tech Mahindra and the International Chess Federation (FIDE), the league aims to bring chess to millions of fans worldwide through a fresh, competitive format that is unlike anything seen before in the sport.

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Some of the strongest and most well-known players on the planet are competing, including five-time World Champion and current world number one Magnus Carlsen, former World Champion Viswanathan Anand, world number two and popular chess streamer Hikaru Nakamura, and one of the youngest players in the chess elite, 21-year-old Alireza Firouzja. Additionally, former Women’s World Champions Hou Yifan, Alexandra Kosteniuk, Tan Zhongyi, and other leading Grandmasters are among the 36 players participating in this prestigious event.

“There’s incredible excitement as the Global Chess League Season 2 rolls out on October 3rd here in London. We are looking forward to having a great turnout with chess lovers coming into the Friends House to watch some thrilling matches between the world’s top players,” said Sameer Pathak, CEO of the Global Chess League.

Arkady Dvorkovich, President of the International Chess Federation (FIDE), added, “This event is groundbreaking in both concept and format. It sets a new standard not only for chess but for sports worldwide. The initiative to combine men and women on the same team is inspiring and will greatly promote the game globally.”

World-class teams

The reigning champions, the Triveni Continental Kings, claimed victory in the inaugural edition held in July 2023 in Dubai, UAE, with a dramatic last-minute win over the Ganges Grandmasters. This year six teams – owned by major international companies – are participating in the league: Alpine SG Pipers, led by Magnus Carlsen; Ganges Grandmasters, led by Viswanathan Anand; upGrad Mumba Masters, led by Maxime Vachier-Lagrave; PBG Alaskan Knights, led by Anish Giri; Triveni Continental Kings, led by Alireza Firouzja; and American Gambits, led by Hikaru Nakamura.

Unique format
Each team consists of six players: one Icon Player (a top-rated Grandmaster rated 2700 or above), two world-class Grandmasters, two top-female players, and one player aged 21 or younger.

The teams will compete in a double round-robin format, meaning they will face every other team twice. In contrast to traditional chess tournaments, where each team has an equal number of players playing with black or white pieces, here, the entire team will play with one colour for the duration of a match and switch in the rematch. Each game lasts only 20 minutes, with no time increment, making time pressure a significant factor in the game.

A new scoring system

The scoring system resembles football more than traditional chess, where a win with either colour earns oje point, a draw earns half a point, and a loss earns no points. At the TechM GCL, a win with the black pieces earns 4 game points, while a win with white earns 3. A draw is worth 1 game point, and a loss earns no points. In terms of match points, a team victory is rewarded with 3 points, a draw with 1, and a loss with 0. After the round-robin phase, the two teams with the highest match points will advance to the final, which will be decided over two matches. If a tie occurs, blitz playoffs will determine the winner.

Where and when

The event takes place at Friends House, Euston (NW1 2BJ) with the first round starting on Thursday, 3rd October, at 13:15 London time. Each day will feature three matches (at 13:15, 15:55, and 17:15). The final will be held on Saturday, 12th October, with matches beginning at 13:15 and 14:35 London time.

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DWC expansion remains on track; first phase set to complete in 2032

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Work on the expansion of Al Maktoum International Airport is progressing on schedule, with Phase 1 expected to commence operations in 2032, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, , has announced.

In a post on social media platform X, Sheikh Hamdan said the project has recorded more than 10 million work hours over the past 15 months, reflecting steady progress across key construction phases.

He noted that contracts worth AED 13 billion are currently under execution, while additional contracts valued at AED 55 billion are expected to be awarded in the coming months as part of the expansion programme.

Once completed, the airport is designed to handle more than 250 million passengers annually, reinforcing Dubai’s long-term strategy to strengthen aviation capacity and support economic growth.

“Under the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s major projects continue to advance with steady progress and confidence,” Sheikh Hamdan added.

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Free Public Parking Announced In Dubai For Hijri New Year

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Dubai’s Road and Transport Authority (RTA) has announced free public parking and a revised public transport schedule for the Hijri New Year 1448 holiday on Monday June 15.

Public parking across Dubai, except for multi-storey parking facilities will be free with parking fees will resume on Tuesday June 16.

All RTA Customer Happiness Centres will be closed on Monday, but customers will still be able to access services through the Customer Happiness Centre in Umm Ramool and Smart Kiosks located in Deira, Al Barsha, Al Tawar, Al Kifaf and the RTA Headquarters.

Dubai Metro services on both the Red and Green Lines will run from 5am until midnight on Monday while Dubai Tram services will operate from 6am until 1am the following day.

Passengers using public buses are advised to check the S’hail app for updated holiday schedules.

The RTA also announced that Bus Route E100, which normally operates between Al Ghubaiba Bus Station and Abu Dhabi, will be suspended from June 13 to 15. Passengers heading to Abu Dhabi during this period can use Route E101 from Ibn Battuta Bus Station instead.

Marine transport services will be unaffected during this period.

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Elon Musk Becomes world’s First Trillionaire Following SpaceX’s historic Listing

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Shares in Elon Musk’s aerospace and technology company SpaceX have surged on their trading debut in New York, in what is being described as the largest initial public offering in history.

The stock climbed as much as 30% in early trading on the Nasdaq, pushing the company’s valuation above $2 trillion and briefly placing it among the most valuable firms in the United States.

The listing, which raised more than $75bn, marks a dramatic milestone for the firm founded in 2002 by Elon Musk, who has become one of the most influential—and divisive—figures in global technology.

Speaking at a launch event in Texas, Mr Musk said the company’s ambitions extended far beyond Earth. “SpaceX wants to be able to take you to the Moon, take you to Mars, and ultimately beyond,” he said, adding that its teams would “make that happen” for customers.

The billionaire entrepreneur—Elon Musk—has reportedly become the world’s first trillionaire following the surge, according to market estimates cited in the offering’s early trading performance.

The IPO priced more than 555 million shares at $135 each, valuing the company at just under $1.8 trillion ahead of its market debut. Within hours of trading, prices peaked at around $175 per share.

The listing also allows for the potential sale of an additional 83 million shares, which could lift total proceeds beyond $86bn.

Investor demand was reported to be heavily oversubscribed, reflecting strong interest in both space exploration and the company’s expanding role in satellite communications and artificial intelligence.

SpaceX has increasingly evolved from a rocket launch provider into a broader technology conglomerate, incorporating satellite operations and artificial intelligence assets linked to Mr Musk’s wider business portfolio.

Market analysts say the listing is being closely watched as a potential benchmark for other high-profile technology firms, including artificial intelligence companies expected to pursue public offerings in the coming months.

The debut also comes against the backdrop of Mr Musk’s increasingly polarising public profile, shaped by his political commentary, business decisions, and ownership of social media platform X.

Despite the controversy, investor appetite for the company appears undiminished, with strong early demand signalling continued enthusiasm for Musk-led ventures.

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