Rising tensions between Iran and Israel have sparked concerns over a possible closure of the Strait of Hormuz, a vital energy route. A full blockade could drive global oil prices to $150 per barrel and disrupt major trade routes. Countries across Asia, Europe, and the Middle East may face energy shortages, shipping delays, and inflation.
A deeply moved UAE-based medical entrepreneur, Dr. Shamsheer Vayalil, has announced a Dh2.5 million aid package to assist families of the medical students and doctors who tragically lost loved ones or were injured in the recent Air India Flight AI-171 crash at Ahmedabad’s BJ Medical College hostel.
Read MoreAs tensions mount between Israel and Iran, global oil benchmarks have surged—lifting crude prices by roughly 14% over the weekend.
Read MoreIn a major diplomatic and economic boost for the UAE, the European Commission has officially removed the country from its "high-risk" list for money laundering. This comes as part of an updated review of jurisdictions with strategic deficiencies in their anti–money laundering frameworks .
Read MoreDubai residents can now enjoy ChatGPT Plus for free. Discover why this AI upgrade is happening and what it means for users in the UAE. Learn more now.
Read MoreIn a landmark ceremony at Dubai Creek Harbour, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, ceremoniously laid the foundation stone for the emirate’s newest metro extension: the Blue Line.
Read MoreThe United Arab Emirates (UAE) is rapidly emerging as a premier destination for high-net-worth individuals (HNWIs) worldwide, thanks to its business-friendly environment, robust regulatory framework, and political stability.
Read MoreUAE Citizens Now Enjoy 90-Day Visa-Free Stays in Japan Effective June 1, 2025, Emirati citizens holding ordinary passports can now stay in Japan for up to 90 days per visit without the need for a prior visa. This extension from the previous 30-day limit underscores the strengthening bilateral relations between the UAE and Japan.
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