Abu Dhabi Landmarks Illuminate to Celebrate 20 Years of Abu Dhabi Awards

Abu dhabi: Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Abu Dhabi Awards has opened nominations for its 12th edition. This year marks the 20th anniversary of the initiative, celebrating two decades of honouring individuals who have contributed to the UAE community. According to Emirates News Agency, to commemorate … Read more

Kuwait Oil Price Decreases to US$71.01 Per Barrel

Kuwait city: The price of oil in Kuwait saw a decline, with figures dropping by 28 cents to reach US$71.01 per barrel on Tuesday, as reported by the Kuwait Petroleum Corporation on Wednesday. This marks a decrease from Monday’s price of US$71.29 per barrel. According to Emirates News Agency, the global oil market also experienced … Read more

DGCX Achieves Over 1 Million Contracts in Robust H1 2025 Performance

Dubai: The Dubai Gold and Commodities Exchange (DGCX) has reported a robust performance in the first half of 2025, with over 1 million contracts traded by the end of June, marking a 30 percent year-on-year increase in average daily volumes. According to Emirates News Agency, the strong performance reflects the heightened demand for hedging instruments … Read more

Trump Announces Trade Deal with Japan

Abu dhabi: President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15 percent tax on goods imported from that nation. ‘We just completed a massive Deal with Japan, perhaps the largest Deal ever made,’ Trump wrote on his Truth Social platform, noting that Japan will invest US$550 billion into the United … Read more

Over 8,300 Secured Jobs in Bucharest in First Half of 2025

Bucharest: More than 8,300 individuals secured employment in Bucharest during the first half of 2025, including over 4,200 women and 3,172 people aged between 35 and 45, according to data released on Wednesday by the Bucharest Municipal Employment Agency (AMOFM). According to Emirates News Agency, Romania’s national news agency, AGERPRES, reported that most of those … Read more

FAB Net Profit Surpasses AED10 Billion for First Time

Abu dhabi: First Abu Dhabi Bank (FAB) has delivered a record financial performance in the first half of 2025, reporting a net profit of AED10.63 billion, up 26 percent year-on-year, surpassing the AED10 billion mark for the first time in a half-year period. According to Emirates News Agency, earnings per share grew 27 percent year-on-year … Read more

CBUAE and Presight Forge New Joint Venture to Boost Financial Infrastructure

Abu dhabi: The Central Bank of the United Arab Emirates (CBUAE) and Presight have announced the launch of a joint venture aimed at supporting the Financial Infrastructure Transformation programme (FIT) initiated by the CBUAE. This partnership is a significant step in the UAE’s efforts to integrate artificial intelligence into its financial ecosystem. According to Emirates … Read more