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UAE News

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220 players compete in ADNOC Blitz Chess Championship The Abu Dhabi Chess and Mind Games Club announced the organization of the ADNOC Blitz Chess Championship tomorrow, with the participation of 220 players as part of the 'Abu Dhabi Summer Sports 2026' activities, at ADNEC Abu Dhabi, in cooperation with ADNOC Group. It also revealed the selection of Saeed Ahmed Al Khouri, the club's executive director and international referee, as part of the refereeing team for the 2026 Chess Olympiad, scheduled to be held...

1 hour ago

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Japan's current account surplus at $24.43 billion in May Japan posted a current account surplus of 3.968 trillion yen ($24.43 billion) in May, according to the Japanese Ministry of Finance announced on Wednesday. Japan's exports in May increased by 14.7% to 9.360 trillion yen, while imports rose by 8.1% year-on-year to 9.353 trillion yen, bringing the trade balance to...

14 hours ago

Japan

Japan's "Nikkei" index falls on tech stock losses Tokyo, July 8 /WAM/ Japan's Nikkei index fell in volatile trading today, affected by losses in technology stocks, after the US Nasdaq index recorded sharp losses overnight. The Nikkei dropped 0.72% to 67,763.91 points, while the broader Topix index fell 0.62% to 4,037.16 points. -Khala-

16 hours ago

International

Gold prices fall in spot trading Capitals, July 8 /WAM/ Gold prices fell today to their lowest in nearly a week. Spot gold dropped 0.1% to $4,100.32 per ounce, after earlier hitting its lowest since July 2. US gold futures for August delivery fell 1.1%...

17 hours ago

International

Dollar at one-week high, cryptocurrencies decline The dollar held its highest levels this week against most other currencies at the start of Asian trading today. The dollar index, which measures the US currency against a basket of six currencies, was trading at 101.18, its highest since July 2. The New Zealand dollar rose 0.1% to $0.5681. The ... rose...

18 hours ago

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Spain

Spain raises maximum heat alert in three regions Spain's meteorological agency raised the maximum alert to red (highest warning level) on Tuesday in three regions in the east of the country due to a new heatwave, expecting temperatures to exceed 40 degrees Celsius. The agency predicted that the regions of Aragon, Catalonia and Valencia would be the most affected by the new heatwave sweeping southern Europe...

19 hours ago

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Egypt condemns repeated Iranian attacks on Kuwait and Bahrain The Arab Republic of Egypt strongly condemned Iran's sinful targeting of the State of Kuwait and the Kingdom of Bahrain, which constitutes a blatant violation of their sovereignty, a serious threat to the security and stability of the Gulf region, and an unacceptable escalation that could increase tension in the region. The Egyptian Ministry of Foreign Affairs affirmed in a statement today its complete rejection of all actions that...

10 hours ago

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Registration opens for new edition of Ajman Holy Quran Award The Hamid bin Rashid Al Nuaimi Center for Quran Service, affiliated with the Hamid bin Rashid Al Nuaimi Charitable Foundation, announced the opening of registration for participation in the Ajman Holy Quran Award in its twentieth edition for 2026. His Excellency Tariq Abdullah Mohammed Al Owaisi, Director General of the Hamid bin Rashid Al Nuaimi Charitable Foundation, said that the award in its twentieth edition includes five main competitions...

Finance and Business

Financial partnership between Sharjah and Mashreq Bank achieves 52 million transactions with success rate exceeding 99% Sheikh Rashid bin Saqr Al Qasimi, Director of the Central Finance Department in Sharjah, confirmed that the strategic partnership with Mashreq Bank - 'NeoPay' platform represents a successful model of integration between the government and banking sectors, and has contributed to developing innovative financial solutions that enhanced the efficiency of the government collection system and provided advanced digital services that meet the aspirations of the Sharjah government...

3 hours ago

Partnership between Dubai Internet City and Luxinnovation to support innovation Dubai Internet City announced a strategic partnership with Luxembourg's National Innovation Agency 'Luxinnovation' to promote innovation, exchange knowledge and expertise, and open new horizons for international cooperation to support the growth of technology companies and strengthen Dubai's position as a global hub for the digital economy and innovation, in line with the goals of the Dubai Economic Agenda...

8 hours ago

Opening of Sparkx Innovation Center at Expo City Dubai The 'Sparkx' innovation center was opened at Expo City Dubai, focusing on employing artificial intelligence technologies to accelerate the development of solutions and products, and enhance joint innovation, supporting the UAE's trends in the new economy, innovation, and attracting qualitative investments. Nestlé announced the opening of the Sparkx innovation center at its new headquarters...

9 hours ago

US stock indices close lower US stock indices closed lower on Tuesday, affected by widespread selling in the semiconductor sector, amid growing investor concerns about the sustainability of the record rally in AI stocks. The S&P 500 index fell by 34.07 points, or 0.45%, to close at...

20 hours ago