Day: May 22, 2026

Abu dhabi: Oil prices rose on Friday after recording notable declines in the previous trading session. Brent crude futures gained US$2.38, or 2.3 percent, to reach US$104.96 per barrel by 00:34 GMT. US West Texas Intermediate crude futures also rose b…

Abu dhabi: Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), has articulated that the United Arab Emirates (UAE) is playing a pivotal role in the global transition to renewable energy and fostering internation…

Dubai: Gold prices edged lower on Friday and were heading for a second consecutive weekly loss, pressured by rising oil prices and growing concerns over inflation and interest rate hikes. Spot gold fell 0.2 percent to US$4534.29 per ounce by 0047 GMT,…

Dubai: Al Jalila Foundation has announced an AED10 million Zakat donation from Dubai Islamic Bank (DIB), reinforcing the Foundation’s efforts to ensure timely access to care while also accelerating learning and discovery programmes.

According to Emi…

Texas: SpaceX on Thursday cancelled the launch of its ‘Starship’ rocket from the US state of Texas seconds before the scheduled liftoff due to technical issues.

According to Emirates News Agency, the company said it would attempt to launch the rocke…

Dubai: Dubai Maritime City, one of DP World’s flagship developments, on Friday inaugurated its new Maritime Business Centre 2 (MBC-2), an AED160 million premium commercial tower that expands Grade A office capacity within Dubai’s maritime and trade ec…

Abu dhabi: A UAE report launched in collaboration with the Ministry of Economy and Tourism, revealed far-reaching benefits of obesity intervention across health, the economy, society, and education, in line with the ‘We the UAE 2031’ vision. The repor…

Abu dhabi: IHC, a global investment company focused on building dynamic value networks, today announced the successful execution of an AED110 million (approximately US$30 million) transaction using DDSC on ADI Chain, the institutional Layer-2 blockcha…