July 2026

Abu dhabi: Tech giant Apple regained its crown as the world’s most valuable company on Monday, edging past chipmaker Nvidia. Apple’s market value climbed to about $4.94 trillion, topping Nvidia’s roughly $4.83 trillion.

According to Emirates News Ag…

Abu dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. Their Highnesses exchanged greetings and cordial conversations with the Sheikhs and guests a…

Abu dhabi: Stocks of crude oil in the US Strategic Reserve fell by about 3.7 million barrels to 307.7 million barrels last week, reaching the lowest level since March 1983, according to data from the Department of Energy.

According to Emirates News …

Abu dhabi: Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Authority (NMA), recently engaged in a meeting with Kojo Boakye, Meta’s Vice President of Public Policy for Africa, Middle East, and Trkiye. The meeting, held in Londo…

Abu dhabi: Moonshot AI has made its Kimi K3 model available for public download, expanding its reach and influence in the global open software community. The Beijing-based company on Monday released the model’s weights, which are used to steer artific…

Abu dhabi: The Dubai Press Club, organiser of the Arab Media Summit, has welcomed the renewed participation of DP World as a Strategic Partner for the Summit’s upcoming edition, scheduled to take place in September 2026 at the Dubai World Trade Centr…

Abu dhabi: Oil prices closed at their lowest levels in more than a week on Monday. Brent crude futures fell by US$8.42, or 8.7 percent, to settle at US$88.36 per barrel, while US West Texas Intermediate crude dropped by US$6.70, or 7.5 percent, to US$…

Stuttgart: German sports car manufacturer Porsche announced on Monday that it plans to cut around 5,000 additional jobs over the coming years as part of a restructuring programme. In a statement, the company said the workforce reduction will be achiev…