ITFC Allocates US$2.66 Billion to Boost Economies in Least Developed Member Countries in 2024

Abu dhabi: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has announced the release of its 2024 Annual Development Effectiveness Report (ADER), signaling a significant financial commitment to the world’s least developed nations. According to Emirates News Agency, the ADER is a critical tool that allows ITFC … Read more

UN Official Calls for Immediate Ceasefire in Gaza Amid Escalating Crisis

New york: A senior UN official on Wednesday urged the Security Council to push for an immediate ceasefire in Gaza and the release of all hostages, warning that the war has become ‘a nightmare of historic proportions’. According to Emirates News Agency, Khaled Khiari, Assistant Secretary-General for the Middle East, addressed ministers and ambassadors, emphasizing … Read more

Civilians Injured in Cambodia-Thailand Border Clashes

Surin: Thailand’s army reported that three civilians were injured in a Cambodian rocket strike as clashes erupted between the two countries’ militaries over a disputed border. The conflict took place on Thursday morning along the border separating Thailand’s Surin province and Cambodia’s Oddar Meanchey. According to Emirates News Agency, the Cambodian Defence Ministry stated that … Read more

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