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Fitch affirms Ras Al Khaimah’s ‘A+’ rating, raises 2026 growth forecast

International credit ratings agency Fitch has affirmed Ras Al Khaimah’s Long-Term Issuer Default Ratings (IDRs) at ‘A+’, reflecting an easing of direct risks associated with geopolitical challenges since April 2026, whose impact was limited to a modest delay and a marginal increase in the cost of launching a potentially transformational …

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Italy allocates €1.55 billion to fund 59 water infrastructure development projects

The Italian Ministry of Infrastructure and Transport has announced the allocation of €1.55 billion to fund 59 water infrastructure development projects across 17 Italian regions, as part of the National Recovery and Resilience Plan. In a statement reported by the Italian news agency ANSAmed, the ministry explained that, in collaboration …

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CBUAE, Bank Al-Maghrib sign two MoUs to strengthen supervisory cooperation, Islamic finance

The Central Bank of the United Arab Emirates (CBUAE) and Bank Al-Maghrib (the Central Bank of the Kingdom of Morocco) have signed two Memoranda of Understanding (MoUs) to strengthen cooperation in banking supervision and Islamic finance, and interlink payment and financial messaging systems. The MoUs contribute to stronger bilateral cooperation …

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UAE Jiu-Jitsu National Team finishes 20th Asian Games Aichi-Nagoya 2026 with record five-gold haul

The UAE Jiu-Jitsu National Team, sponsored by Mubadala Investment Company, finished its campaign at the 20th Asian Games Aichi-Nagoya 2026 with eight medals, including a record five golds, two silvers and one bronze. The team’s best-ever gold medal tally at the Asian Games underlines the UAE’s strength in the sport …

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Google launches Project Suncatcher satellite to test solar-powered AI computing in space

Google has launched the first prototype satellite for Project Suncatcher, its research initiative exploring the potential for solar-powered artificial intelligence computing infrastructure in space. The satellite, built in partnership with Planet, was launched on Thursday from Vandenberg Space Force Base in California aboard SpaceX’s Transporter-18 rideshare mission. The experiment will …

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