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Thursday, November 5, 2026

Economy

South Korea’s Foreign Exchange Reserves Rise to $443.16 Billion in October

Central Bank Attributes $2.6 Billion Increase to Higher Foreign Currency Deposits and Investment Management Gains SEOUL: The Republic of Korea recorded a rebound in its...

Dubai Advances Integrated Community Living Through Strategic Housing and Retail Partnership

Mohammed Bin Rashid Housing Establishment and Grandiose Supermarket Sign MoU to Explore Convenient Access to Essential Goods and Services for Residents DUBAI: Reinforcing Dubai’s commitment...

Thousands of Trucks Stranded at Pakistan–Iran Border as Trade Resumes Partially

Business Community Urges Authorities to Fully Reopen Border Crossings Amid Cargo Backlog and LPG Supply Concerns QUETTA, 27 October 2026: Thousands of trucks carrying commercial...

Gold Prices Ease as Stronger US Dollar and Treasury Yields Weigh on Bullion

Spot Gold Falls 0.5% to US$4,143.91 per Ounce as December Futures Also Decline GLOBAL MARKETS: Gold prices declined on Monday as a firmer US dollar...

Dubai Reinforces Its Position as A Global Economic Powerhouse, With Finance, Healthcare and Technology...

H1 2026 Economic Results Highlight Dubai’s Diversified Economic Strength, Investment Appeal and Long-Term Vision Under the Dubai Economic Agenda D33 DUBAI / ISLAMABAD, October 18,...

Record 52% of Europe Exposed to Severe Heat Stress During Summer 2026

Copernicus Says Exceptional Heatwaves Made 2026 Europe’s Third-Hottest Summer on Record BRUSSELS: A record 52 percent of Europe was exposed to “very strong” heat stress...

EU and UAE Open New Chapter in Longstanding Strategic Partnership

European Union Highlights Growing Cooperation with Emirates in Trade, Investment, Climate, AI and Security Brussels Says Partnership Has Evolved from Diplomatic Relations into...

EU Fuel Prices Surge 23.8% in August as Energy Costs Accelerate

Bulgaria, Lithuania and Finland record sharpest annual increases; diesel prices rise across 26 EU countries BRUSSELS: Fuel and lubricant prices for personal transport across the...

Russian Official Says Europe Faces ‘Worst Energy Crisis in History’

RDIF Chief Kirill Dmitriev points to fuel shortages in France as evidence of mounting energy pressures across the EU MOSCOW: Europe is facing what Russian...

OOCL Portugal Makes first Suez Canal transit as Container Traffic Rebounds

Container-ship tonnage rises 54.2% in first eight months, signaling renewed activity along the strategic waterway CAIRO: The COSCO-affiliated container vessel OOCL PORTUGAL crossed the Suez...