GENERAL

Abu dhabi: The United Arab Emirates has announced the success of new mediation efforts between the Russian Federation and the Republic of Ukraine, resulting in the release of 185 captives from each side, bringing the total number of captives exchanged…

Paris: Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), rose to 4.4% in April 2026, up from 4.0% in March. Headline inflation increased in 23 OECD countries, with significant rises of 1.0 percentage point or more in B…

Dubai: Oil was steady after its first decline this week on optimism that talks between the US and Iran will see energy flows resume through the Strait of Hormuz. West Texas Intermediate traded below US$93 a barrel, after sliding more than 3% on Thursd…

Dubai: Dubai Electricity and Water Authority (DEWA) continues to strengthen its role in supporting local and global efforts to protect the environment through an integrated portfolio of projects and initiatives that reduce carbon emissions, enhance re…

Sharjah: Sharjah’s real estate sector recorded transactions worth AED3.1 billion through 7,119 transactions in May, underscoring continued investor interest in the emirate’s property market. The total area traded in sales transactions reached around 9…

Brussels: The European Commission disbursed pound 12.8 billion to Italy, marking the ninth payment under the Recovery and Resilience Facility (RRF).

According to Emirates News Agency, the Facility is the centrepiece of NextGenerationEU – the Commis…

Dubai: The Hero Dubai Desert Classic has successfully retained its GEO Certified sustainability accreditation for the fourth consecutive year, reaffirming the tournament’s leadership in adopting environmentally sustainable practices and promoting soci…

Colombo: Asian equities fell on Friday, alongside declines in US stock index futures. The regional MSCI Asia equity index dropped 1.3 percent, led by losses in the Republic of Korea’s market, which had been the world’s best-performing market this year…