Half of Europe’s Population Could Face Extreme Heat Risk by 2050: WMO

Geneva: The World Meteorological Organisation (WMO) has warned that an exceptional heatwave is currently affecting vast regions across Europe, North America, North Africa, the Middle East, and Central Asia, with temperatures significantly exceeding seasonal norms. In a report released today in Geneva, the WMO stated that rising urban temperatures are increasing heat stress and mortality … Read more

Mansour Bin Zayed Restructures Board of Al Jazira Football Company

Abu dhabi: His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and President of Al Jazira Sports and Cultural Club, has issued a decision to restructure the Board of Directors of Al Jazira Sports Football Company. According to Emirates News Agency, the new board will … Read more

Korea’s Exports Rise 4.3% in June Driven by Semiconductor Demand

Seoul: Korea’s exports saw a 4.3 percent increase in June compared to the same period last year, reaching $59.8 billion. This growth was attributed to strong global demand for semiconductors, marking a recovery from a decline in exports seen the previous month. According to Emirates News Agency, data from the Ministry of Trade, Industry and … Read more

GCC States Call for Gradual, Balanced Transition to Climate Action

Geneva: The Gulf Cooperation Council (GCC) member states on Monday underscored the need for a gradual and balanced transition in addressing climate change, particularly in the phase-out of fossil fuels from national economies. They emphasized that such a transition must preserve development gains and enable countries to implement climate policies tailored to their national circumstances … Read more

‘Sharjah Social Empowerment’ Receives Donation from Sultan of Dawoodi Bohra Community

Sharjah: The Sharjah Social Empowerment Foundation (SSEF) has received a donation from the Sultan of the Dawoodi Bohra community to support its endowment project ‘Prophet’s Neighbours,’ which aims to provide sustainable resources for the care and empowerment of orphans. According to Emirates News Agency, this gesture comes within the framework of community-giving initiatives and the … Read more

Somali Army Kills 19 ‘Al-Shabaab’ Militants

Mogadishu: Nineteen al-Shabaab militants were killed in a clash with the Somali army forces. According to Emirates News Agency, the operation supported by international partners, took place on Monday in the Baqooqaha area, approximately 13km west of Bulo Xaaji in the Lower Juba region, the agency reported.

China’s Bond Market Issuances Surge to 7.2 Trillion Yuan in May

Beijing: Data from the People’s Bank of China showed that bond issuances in China reached approximately 7.2 trillion yuan (around US$1 trillion) in May 2025. According to Emirates News Agency, treasury bond issuances totaled 1.49 trillion yuan, while local government bond issuances amounted to 779.44 billion yuan. Financial bond issuances stood at 1.22 trillion yuan, … Read more

Mubadala Acquires 30% Stake in Loscam International

Abu dhabi: Mubadala Investment Company has announced its agreement to acquire a 30 percent stake in Loscam International, a company providing pallet pooling and returnable packaging solutions in the Asia-Pacific region. According to Emirates News Agency, Mubadala will join the current shareholder group, which includes Trustar Capital, the private equity arm of CITIC Capital Holdings … Read more