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

Plane Crashes in Russia’s Far East, Nearly 50 Feared Dead

Blagoveshchensk: An Antonov An-24 passenger plane carrying about 50 people crashed in Russia’s far east on Thursday, and initial information suggested that everyone on board was killed, Russian emergency services officials said. The plane was en route from the city of Blagoveshchensk to Tynda and dropped off radar screens while approaching Tynda, a remote town … Read more

Emirates NBD Reports AED12.5 Billion Profit in H1 2025

Dubai: Emirates NBD reported a profit of AED12.5 billion for the first half of 2025, compared to AED13.8 billion during the same period in 2024. Profit before tax stood at AED15.4 billion compared to AED15.9 billion a year earlier. According to Emirates News Agency, total income rose 12 percent to AED23.9 billion due to strong … Read more

TRENDS and India’s ORF Explore Joint Research Opportunities

Abu dhabi: TRENDS Research and Advisory engaged in discussions with Samir Saran, President of India’s Observer Research Foundation (ORF), to explore potential areas for joint research cooperation. The meeting aimed at advancing knowledge and achieving shared objectives through collaboration in mutually beneficial areas. According to Emirates News Agency, the talks were held during Saran’s visit … Read more