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 …
Read More »Five UAE aid convoys carrying 617 tonnes enter Gaza under Operation Chivalrous Knight 3
Five UAE humanitarian aid convoys comprising 55 trucks and carrying 617 tonnes of humanitarian aid entered the Gaza Strip this week under Operation Chivalrous Knight 3, as part of the UAE’s continued efforts to support the Palestinian people and meet their basic needs. The convoys carried food and shelter supplies, …
Read More »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 …
Read More »Egyptian President opens first edition of Alamein Africa Business Forum
Egyptian President Abdel Fattah El-Sisi said the Alamain Africa Business Forum serves as a strategic continental platform aimed at mobilizing efforts toward realizing the objectives of Agenda 2063, turning the aspirations of joint African action into tangible reality, and offering a unique avenue for the African business community to engage …
Read More »Appendix removal linked to lower colorectal cancer risk: Study
Patients who had an inflamed appendix surgically removed were less likely to develop colorectal cancer later than those treated only with antibiotics, according to a study of more than 30,000 patients cited by Reuters. The analysis found a 58 percent lower risk among patients who underwent surgery. Researchers examined records …
Read More »Victory Team targets pole position at Shanghai Grand Prix on Sunday
Victory Team will aim to secure pole position for the Shanghai Grand Prix, part of the UIM F1H2O World Championship, when it takes to the water on Sunday for the official qualifying session and the Sprint races, which offer additional championship points. Strong competition is expected, particularly among the UAE …
Read More »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 …
Read More »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 …
Read More »Oil prices fall after Europe agrees to release diesel reserves
Oil prices settled lower on Friday after European leaders agreed to a request by US President Donald Trump to release diesel from their reserves in an effort to lower prices and reduce reliance on US fuel imports. Brent crude futures fell 6 cents, or 0.06 percent, to settle at US$102.25 …
Read More »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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