Sharjah Real Estate Transactions Surge 48.1% to AED27 Billion in H1 2025

Sharjah: Sharjah’s real estate sector recorded AED27 billion in transactions during the first half of 2025, reflecting a 48.1 percent increase from AED18.2 billion in the same period last year. Additionally, the Sharjah Real Estate Registration Department reported 48,059 transactions, marking a 3.3 percent rise compared to 46,524 transactions during the same period last year. … Read more

Oman Condemns Israeli Knesset’s Approval of Sovereignty Bill Over West Bank

Muscat: The Sultanate of Oman on Thursday condemned the Israeli Knesset’s approval of a draft bill calling for the imposition of Israeli sovereignty over the West Bank in Palestine. In its response, Oman expressed strong disapproval of the decision, emphasizing its implications for regional stability and peace efforts. According to Emirates News Agency, the Omani … Read more

Theyab Bin Mohamed Bin Zayed Leads Second IHPC Meeting to Outline Humanitarian Strategies

Abu dhabi: H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the International Humanitarian and Philanthropic Council (IHPC), has chaired the second meeting of the IHPC. The meeting focused on the strategic direction of the foreign aid sector and evaluated … Read more

China, EU Leaders Meet in Beijing to Discuss Advancing Relations

Beijing: Chinese President Xi Jinping met with European Council President Antonio Costa and European Commission President Ursula von der Leyen in Beijing on Thursday, as the 25th China-EU Summit opened with the aim of strengthening relations. According to Emirates News Agency, during the summit, President Xi Jinping emphasized the importance of making “correct strategic choices … Read more

MoFA Launches Inaugural Customer Council for Accredited Diplomatic Missions in UAE

Abu dhabi: The Ministry of Foreign Affairs (MoFA), committed to providing excellent services, has organised its inaugural Customer Council for accredited diplomatic missions in the UAE for the year 2025. According to Emirates News Agency, the event, co-developed with the Prime Minister’s Office, was attended by Omar Obaid AlHesan AlShamsi, Undersecretary of MoFA, and Mohamed … Read more

Kuwait Oil Price Down 15 Cents to $70.86 Per Barrel

Kuwait city: The price of Kuwaiti oil dropped by 15 cents, reaching US$70.86 per barrel in Wednesday’s trading, down from US$71.01 per barrel on Tuesday, the Kuwait Petroleum Corporation reported on Thursday. According to Emirates News Agency, Brent crude dropped by 8 cents to $68.51 per barrel, and West Texas Intermediate crude fell by 6 … Read more

Federal Judiciary Council Establishes Jurisdiction and Structure for New Bankruptcy Court

Abu dhabi: Abdullah bin Awad Al Nuaimi, Minister of Justice and President of the Federal Judiciary Council, has issued a decision regarding the regulation of the Bankruptcy Court. The decision establishes that the Bankruptcy Court will be headquartered at the Abu Dhabi Federal Courts of First Instance, with jurisdiction over all applications and disputes emerging … Read more

Emirates Islamic Reports AED1.86 Billion Net Profit in H1 2025

Dubai: Emirates Islamic has announced its financial results for the first half of 2025, reporting a net profit of AED1.863 billion, marking a 12 percent increase compared to the same period last year. According to Emirates News Agency, the bank reported a record AED2.2 billion profit before tax in the first half of 2025, reflecting … Read more