Category: General

Brent: Oil prices hovered above $100 per barrel on Friday while heading for their fourth consecutive weekly increase. Brent futures advanced 37 cents, or 0.37 percent, to $101.06 a barrel at 0330 GMT. This follows a significant rise in the previous se…

Abu dhabi: The Antwerp World Diamond Centre (AWDC), the umbrella organisation for the Antwerp diamond sector, announced on Friday that it had successfully secured a zero percent US import duty on cut natural diamonds. This development marks the end of…

Chongqing: The death toll from a mountain collapse in southwest China’s Chongqing Municipality has risen to 11, with 50 people still missing and 10 others injured, local authorities said Thursday. Following torrential rain on the morning of 17th July,…

Abu dhabi: H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, recently received a delegation from the UAE Cyber Security Council, led by Dr. Mohamed Al Kuwaiti, Head of Cyber Security for the UAE Government. During thi…

Abu dhabi: UN Climate Change Executive Secretary Simon Stiell has called for faster global action to accelerate the energy transition, expand renewable energy, and mobilize investment, emphasizing that clean energy is central to growth, jobs, and stro…

Abu dhabi: Provisional data for 2025 show that the share of energy from renewable sources in gross final energy consumption in the EU reached 26.2%, up from 25.2% in 2024. The share has been rising since the time series began in 2004 (9.6%). However, …

Abu dhabi: The confirmed death toll from the recent capsizing of a state ferry off Guyana’s coast rose to 72 on Thursday, with more bodies recovered as a multinational team struggled to salvage the partially submerged vessel. Of the estimated 179 peop…

Abu dhabi: As global goods trade expanded by an estimated 12.5% quarter over quarter in the first half of 2026, reaching about $13.7 trillion, supported in part by higher prices, strong demand for AI-related products, semiconductors, batteries and ele…