Damanat launches US$100 million tokenised private credit fund targeting GCC SME financing gap
Dubai: Dubai-based Damanat has announced its sponsorship of Damanat Fund CEIC Limited, a privately held tokenised trust fund based in...
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Singapore PM defends massive pay hikes as ‘responsible course to take’
SINGAPORE: Singapore's prime minister said on Thursday he deliberated "long and hard" over an increase in ministerial and lawmakers' salaries,...
UAE deepens engagement in financial cooperation, development finance at BRICS and New Development Bank meetings in India
Mumbai: The United Arab Emirates, represented by the Ministry of Finance, participated in the second meeting of BRICS Finance Ministers...
UAE banking assets hit record AED5.67 trillion as credit, deposits and transfers surge
Abu Dhabi: The UAE banking sector continued its strong growth momentum during July 2026, recording record levels across assets, credit,...
Emirates recovers 93% of flight capacity as summer travel demand tops 8.7 million passengers
Dubai: Emirates has recovered 93 per cent of its flight capacity during August and approximately 98 per cent of its...
OpenAI faces Senate probe into Hugging Face hack by rogue AI agents
A Republican-led Senate subcommittee responsible for disaster-management oversight is examining OpenAI's response to the July Hugging Face breach, amid increasing...
India gets one of world’s steepest iPhone price hikes
BENGALURU: Apple raised prices on its existing iPhone lineup in India by as much as 41% within hours of unveiling...
Sheikh Mohammed bin Rashid pens heartfelt letter to Sheikha Hind: ‘The greatest gift God has given me’
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...
Ford neck and neck with Lombardo in toss-up Nevada governor’s race: Poll
Nevada Gov. Joe Lombardo (R) and state Attorney General Aaron Ford (D) are neck and neck in the state’s gubernatorial...
Ugandan kingdom gripped by succession battle after monarch’s death
KAMPALA: The traditional Ugandan kingdom of Tooro was plunged into a bitter succession battle on Thursday after the family of...
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