EU to Stockpile Critical Minerals Amid Geopolitical Risks

Brussels: The European Union (EU) has announced plans to stockpile critical minerals as a safeguard against potential supply chain disruptions arising from geopolitical tensions, according to a draft document by the European Commission reported by the Financial Times. According to Emirates News Agency, the document outlines that the EU faces a complex and deteriorating risk … Read more

ADX Sees 99.5% Surge in Foreign Net Investment in H1

Abu dhabi: Abu Dhabi Securities Exchange (ADX) demonstrated significant growth across its key indicators in the first half of 2025, compared to the same period in 2024. According to Emirates News Agency, foreign net investment saw a remarkable 99.5 percent increase, surging from approximately AED6.84 billion in H1 2024 to over AED13.6 billion in H1 … Read more

ADNOC Drilling Hits 100% Fleet Utilisation

Abu dhabi: ADNOC Drilling has hit 100 percent fleet utilisation as Al Jurf and Dana begin operations. The commencement of these two modern high-specification jack-ups boosts the operational jack-up fleet to 34, one of the largest in the world, fully contracted under long-term agreements with ADNOC Offshore. According to Emirates News Agency, this achievement not … Read more

UAE’s Rashid Al Dhaheri Shines with P2 Finish on Hungaroring Debut

Budapest: Emirati racing sensation Rashid Al Dhaheri delivered an impressive performance this weekend at the iconic Hungaroring circuit, securing a second-place finish and valuable championship points in the Formula Regional Championship. According to Emirates News Agency, the Hungaroring, located just outside Budapest, is renowned for its tight, technical layout and rich history in Formula racing. … Read more

GPSSA Enforces Late Payment Penalties on GCC Employees

Abu dhabi: The General Pension and Social Security Authority (GPSSA) has urged employers to ensure the timely payment of contributions for GCC nationals working in the UAE. These contributions are necessary for employees under the Unified Protection Extension System, which guarantees GCC nationals working in any GCC country to receive the same social security coverage … Read more

UAE Infrastructure and Housing Council Reviews Strategic Projects in Second 2025 Meeting

Dubai: Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, chaired the second periodic meeting of 2025 of the UAE Infrastructure and Housing Council at the Ministry’s headquarters in Dubai. The meeting focused on reviewing strategic projects and initiatives aimed at developing infrastructure sectors across the UAE. According to Emirates News Agency, Al Mazrouei stressed … Read more