The European Union has frozen $1.7 billion in aid earmarked for Ukraine after President Volodymyr Zelenskyy signed a bill that weakens the independence of the country’s top anti-corruption agencies. The withheld amount represents over a third of the funding set aside by the Union under its Ukraine Facility fund, which was launched last year to…
Dubai’s 29,577 registered brokers facilitated 42,181 transactions in H1 2025, nearly doubling commissions to AED 3.23 billion/ representative Image A Record Year in the Making Dubai’s real estate market is not just having a good year, it’s having its best one yet. In the first six months of the year, the market recorded its strongest…
International tourists spent $13.16 billion in Saudi Arabia in Q1 2025, reflecting rising demand and strong tourism sector growth under Vision 2030/Representative Image Saudi Arabia recorded a sharp rise in international tourism revenues during the first quarter of 2025, with foreign visitors spending SR49.4 billion ($13.16 billion), according to new data published by the Ministry…
The UAE exported Dh196 billion ($53.4 billion) worth of gold in 2024–25, with Switzerland, the UK, and India leading the list of buyers/Representative Image The UAE exported Dh196 billion ($53.41 billion) worth of gold in 2024–25, reinforcing its role as a global hub for gold trade, according to data from TradeImex. Positioned strategically between Asia,…
California governor Gavin Newsom (AP) California governor Gavin Newsom on Friday signed a $321-billion budget that rolls back several progressive initiatives, including a major healthcare expansion for low-income undocumented immigrants, in a bid to bridge a $12-billion budget deficit.This marks the third consecutive year that America’s most populous state has been forced to cut or…
US President Donald Trump’s ambitious plan to build a space-based missile defense system called the “Golden Dome” is drawing sharp criticism from defense analysts, scientists, and global powers, who warn the $175 billion project could be a technical dead-end and trigger a new nuclear arms race.Trump unveiled the plan last month, vowing that the United…
