UAE financial markets see 24% average daily trading increase in 2025, CMA reports
RIYADH: Average daily trading across the UAE’s financial markets grew by 24.16 percent in 2025 to reach 2.21 billion dirhams ($601.7 million), according to the UAE’s Capital Market Authority. Market capitalization also climbed, with Abu Dhabi Securities Exchange rising 4.7 percent to 3.14 trillion »»»
G7 Trade Ministers Set to Meet but Not Discuss Latest US Tariff Threat
G7 trade ministers are set to meet in Paris on Tuesday and Wednesday to discuss issues such as critical minerals and small packages but will not directly address the latest US threat to impose additional tariffs on European vehicles. The second meeting of trade ministers under the French G7 preside»»»
Egypt Aims for Self-Sufficiency in Wheat for Subsidized Bread in 2028, Minister Says
Egypt, often the world's biggest wheat importer, aims to achieve self-sufficiency in wheat for its heavily subsidized bread in 2028, Agriculture Minister Alaa Farouk told Reuters on Tuesday. Egypt needs 8.6 million metric tons of wheat for its subsidized bread scheme, according to the draft bu»»»
Ukraine Slams Russian ‘Cynicism’ Ahead of Separate Truces
Ukrainian President Volodymyr Zelensky on Tuesday accused Russia of "utter cynicism" for launching deadly attacks while also seeking a truce to stage its May 9 Victory Day parade in Moscow. Several people were killed in overnight strikes that came after both Moscow and Kyiv announced uniliteral cea»»»
1.7 million (75%) receiving state-sector salaries through automated Your Instant Salary system compared to 2.2 million previously
The Central Bank of Libya (CBL) reported yesterday that, according to the latest data, the number of public sector employees registered in the Your Instant Salary automated system reached approximately 1.7 million by April, compared to 2.2 million previously, representing a 75% participation rate. »»»
President Iliana Iotova Urges Stability and Strong Opposition Role in Consultations with GERB–UDF
"We hope for stability, a developed and prosperous Bulgaria, for which the work of the opposition is of great importance," said President Iliana Iotova here on Tuesday during consultations with GERB–UDF in connection with the handing of the first exploratory mandate to form a government. President »»»
EU prepared for 'every scenario' after Trump car tariff threat
Yerevan: EU chief Ursula von der Leyen said Tuesday the bloc is "prepared for every scenario" after US President Donald Trump threatened to hike levies on European cars. Trump vowed Friday to raise tariffs on EU cars and trucks from 15 to 25 percent, accusing the bloc of reneging on a trade accord »»»
Education Above All Foundation supports completion of 100 learning spaces across 10 school sites to restore access to Education in Gaza
Gaza Strip, Palestine: Education Above All Foundation (EAA), a global foundation for education and development, with support from Qatar Fund for Development (QFFD), has supported the completion of 100 learning spaces across 10 school sites in the Gaza Strip, in partnership with the United Nations D»»»
MoEHE opens applications for 3rd edition Khibrat Program 2026-2027
Doha, Qatar: The Ministry of Education and Higher Education (MoEHE) announced the opening of applications for the third edition of the Khibrat program for the academic year 2026-2027, starting Tuesday, May 5, until May 14, 2026. The ministry explained in a statement that the Khibrat program aims to»»»
Vucic extends condolences to China over fireworks factory tragedy
BELGRADE - Serbian President Aleksandar Vucic extended condolences on Tuesday to the families of the victims of a deadly fireworks factory explosion in China and to Chinese President Xi Jinping. "It is with great sadness and sincere regret that I received the news of the tragic explosion at a firew»»»
Explained: Why Dubai targets future with Agentic AI shift
Dubai: Dubai is taking a major step toward the future of artificial intelligence with a new initiative that could change how businesses operate and how people experience everyday services. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of»»»
National guard dismantles international drug and money laundering network
Tunis, May 5, 2026 (TAP) – National Guard units in Tunisia dismantled an international criminal network involved in trafficking cannabis resin into the country. They also exposed its financial structure, including money laundering operations and the...»»»
IAEA Says Drone Damaged Equipment at Zaporizhzhia Nuclear Plant in Ukraine
The International Atomic Energy Agency said on Monday meteorological monitoring equipment at the Russian-held Zaporizhzhia nuclear power plant in southeastern Ukraine had been damaged by a drone. The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early w»»»
Jordan, Syria and Lebanon Agree Gas Swap Deal
Jordan’s Energy Minister Saleh al-Kharabsheh announced on Monday that an agreement has been reached for a gas exchange between Jordan, Syria and Lebanon, using infrastructure in Amman to import liquefied natural gas before pumping it to Syria through the Arab Gas Pipeline. The Jordanian capital hos»»»
Progressive Bulgaria's Donev Identifies Restructuring Budget's Expenditure Side as Major Priority
Galab Donev MP of Progressive Bulgaria Tuesday identified restructuring the budget's expenditure side as a major priority. He spoke during consultations held by President Iliana Iotova with representatives of Progressive Bulgaria (PB) as part of the process of granting the first exploratory mandate»»»
GERB–UDF Would Support Difficult, Reform-oriented Decisions - Tomislav Donchev
GERB–UDF would support difficult decisions with a reform-oriented profile, said GERB deputy leader Tomislav Donchev during consultations with President Iliana Iotova ahead of the handing of the first exploratory mandate to form a government. Donchev noted that for GERB–UDF, the most important prior»»»
Otokar acquires Automecanica and the plant in Medias in an €86 million deal
A strategic investment in Romania’s defense industry Following the process initiated in January 2026, the agreement to acquire shares representing 96.77% of the share capital of Automecanica S.A. was signed on April 29, 2026, for approximately 85 million euros. Through this investment, Otokar becom»»»
QNB Group launches international payment card acceptance services in Syria
Doha, Qatar: Qatar National Bank (QNB) Group, a Qatari public shareholding company, announced the launch of payment card acceptance services and digital payment solutions in Syria, following the recent decision issued by the Central Bank of Syria regarding the modernization of the country’s financi»»»
Japan defense chief visits Philippines to deepen security ties and witness combat exercise
MANILA: Japanese Defense Minister Shinjiro Koizumi traveled to the Philippines on Tuesday to witness an international combat drill and conduct talks with Philippine President Ferdinand Marcos Jr. intended to broaden defense ties between the nations, officials said. Koizumi’s meeting in the capital »»»
EU prepared for ‘every scenario’ after Trump car tariff threat
EU chief Ursula von der Leyen said Tuesday the bloc is “prepared for every scenario” after US President Donald Trump threatened to hike levies on European cars, refuting his charge Europe is reneging on a trade deal struck last year. “A deal is a deal, and we have a deal,” the European Commission p»»»
Top US diplomat Rubio will have ‘frank’ dialogue with Pope Leo, ambassador says
VATICAN CITY: US Secretary of State Marco Rubio’s meeting with Pope Leo on Thursday will include a “frank conversation” about Trump administration policies, the US ambassador to the Holy See said on Tuesday. “Nations have disagreements, and I think one of the ways that you work through th»»»
Global Village in Dubai to stay open and fully operational: Extended hours, Dh99 wonder pass explained
Dubai: Global Village in Dubai will remain open and fully operational today. Gulf News can confirm that the popular outdoor multicultural destination will continue to welcome guests and reassured visitors that operations were running as scheduled. The venue, which had resumed its current season las»»»
How scammers are using crisis conditions to lure Filipino workers
Dubai: Filipinos seeking opportunities in the Middle East have been warned anew as illegal recruiters step up efforts to exploit the current geopolitical situation in parts of the region. In advisory no. 22, the Philippine Department of Migrant Workers (DMW) has noted that it has received reports o»»»
Gold Prices Extend Decline as Global Pressures Spill into Egypt Market
Gold prices continued to weaken today, slipping below $4,580 per ounce in global markets, as investors balanced geopolitical developments in the Middle East with tightening monetary expectations, according to Bloomberg and Reuters. The metal fell by roughly 0.8–0.9% in early trading, marking a seco»»»
Egypt Outpaces Peers in Infrastructure and Green Transition, Fitch Says
CAIRO — Egypt is strengthening its position as a regional investment hub, ranking among the top markets in the Middle East and North Africa for openness to foreign capital, according to a report by Fitch Solutions cited by the Information and Decision Support Center. The report places Egypt third i»»»
UAE PMI eases as Kuwait, Egypt, Qatar signal ongoing contraction
RIYADH: Non-oil business growth across the Middle East and North Africa slowed in April, with the UAE losing momentum and Kuwait and Egypt remaining in contraction, S&P Global data showed. The UAE’s Purchasing Managers’ Index slipped to 52.1, down from 52.9 in March, marking the softest improvement»»»
Saudi Arabia Consolidates Itself as Region’s Top Tourism Economy
Saudi Arabia is steadily consolidating its position as the Middle East’s largest tourism economy, underpinned by strong investment momentum and sweeping structural reforms under Vision 2030. Data from the World Travel & Tourism Council (WTTC) showed a sharp rise in the sector’s contribution, reachi»»»
Military Equipment, Personnel from Land Forces to Be Transported for Participation in Planned Exercise
Military personnel and equipment from the Bulgarian Land Forces will move along the national road network on May 7, 2026, to take part in the multinational tactical exercise “SCORPIONS LEGACY 26,” which will be held in Romania, the Ministry of Defence said here on Tuesday. The vehicle convoy will b»»»
Santorini’s seismic story still unfolding
Santorini’s recent seismic slowdown has not ended the underlying crisis, scientists say, as new data show persistent deformation across the southern Aegean volcanic arc. Seismicity has declined since the February 2025 surge, but “has not returned to pre-crisis levels,” said Margarita Segou of the B»»»
Progressive Bulgaria's Anton Kutev Certain Cabinet Will Be Formed by Week's End
It is certain that there will be a government by the end of the week, said Anton Kutev of Progressive Bulgaria at a briefing to journalists following consultations with President Iliana Iotova ahead of the handing of the first exploratory mandate to form a government. We are aware that Bulgarians e»»»
WHO tracing contacts of hantavirus cruise ship passenger
Geneva: The World Health Organization said Tuesday that it was trying to trace people on a flight between the island of Saint Helena and Johannesburg taken by a cruise ship passenger who died of hantavirus. The Dutch woman, whose husband died of the virus on the ship now stuck off Cape Verde, disem»»»
Hezbollah and Israel exchange hostilities as two Lebanese troops hurt in Israeli strike
Hezbollah on Monday claimed a series of attacks on Israeli military targets in south Lebanon that it said were in response to "the Israeli enemy's violation of the ceasefire." The state-run National News Agency (NNA) meanwhile reported Israeli air strikes on more than 20 south Lebanon locations, so»»»
Dinar-to-euro exchange rate at RSD 117.3825
BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.3825 dinars for one euro on Tuesday, which is a slight change relative to Monday, the National Bank of Serbia said. The dinar is steady against the euro m-o-m, down by 0.2 pct y-o-y and down by 0.1 pct relative to »»»
Qatar sky to light up tonight with peak of Eta Aquariids meteor shower
DOHA: Residents and astronomy enthusiasts in Qatar are set for a spectacular celestial event tonight as the skies will host the peak of the Eta Aquariids meteor shower, according to Head of the Qatar Astronomical Center Sheikh Salman bin Jabor Al Thani. The meteor shower, formed from the remnants o»»»
Increased oil and gas production at two Mellitah Oil & Gas Abu Attifel field wells after maintenance
Mellitah Oil & Gas announced yesterday ‘‘outstanding production results’’ at its Abu Attifel field, following a series of maintenance operations carried out by its specialized technical teams. These operations included water locking and re-perforation, which directly contributed to increased produc»»»
Oxygen introduces the “Icecream Frooniverse”, a brand campaign for Froo
The campaign is built on a cultural insight: in an ecosystem dominated by notifications, alerts and endless doomscrolling, the ability to pause has become scarce. Under the creative platform “Taking a Break in the Icecream Frooniverse” – „O pauză în Frooniversul Înghețatei”, Oxygen reimagines the s»»»
Abu Dhabi observatory helps track rare space event as star vanishes for 38 seconds
The Abu Dhabi-based International Astronomy Centre has successfully recorded a rare astronomical event in which a star disappeared for 38 seconds as it passed behind the dwarf planet Haumea, marking a notable achievement for the region’s growing role in global space research. Engineer Mohammed Shaw»»»
How Vijay beat controversy and exit polls to shake up Tamil Nadu politics
Dubai: The Tamil Nadu election results didn’t just surprise, they upended every exit poll that had confidently written off Vijay before he’d even properly begun. For weeks, the narrative seemed locked in: a superstar with a fractured personal life, dogged by allegations of an alleged affair with co»»»
India and Pakistan condemn attacks on UAE
NEW DELHI/ISLAMABAD: India has condemned the attack in the Gulf on the UAE’s Fujairah that injured three Indian nationals, calling it “unacceptable” and demanding an immediate halt to hostilities targeting civilians and civilian infrastructure. “The attack on Fujairah that resulted in injury to thr»»»
World leaders pressure Iran as ceasefire on brink
World leaders on Tuesday piled pressure on Tehran to stick to diplomacy to bring an end to the Middle East war, after a salvo of attacks in the region left a ceasefire crumbling. The scramble for more talks came after Iran and the United States traded fire over the strategic Strait of Hormuz, while»»»
Preventive inhalers are right for all and first line of defense against asthma attacks
- Symptoms include wheezing, shortness of breath, recurrent cough, and chest tightness. - Fear of “cortisone” remains one of the most common misconceptions about preventive inhalers. Doha, Qatar: On the first Tuesday of May each year, attention returns to a chronic condition that may seem familiar »»»
China fireworks factory explosion kills 26, injures 61
Beijing, China: The death toll from a giant explosion at a fireworks factory in central China rose to 26, with 61 more injured, officials said Tuesday. The explosion occurred at around 4:43 pm on Monday at the Liuyang Huasheng Fireworks Manufacturing and Display Company in Liuyang, Hunan province, »»»
New UAE juice brand targets one-third of market
Abu Dhabi: A new UAE-based fresh juice brand is aiming to capture a significant share of the country’s growing beverage market. Al Ain Farms Group (AAFG) and NRTC Group have entered a joint venture to launch Al Ain Taaza, targeting one-third of the UAE’s Dh500 million fresh juice segment within thr»»»
3 Army officers dismissed from military service; 1 removed over martial law involvement - UPI.com
Seoul's Defense Ministry said Tuesday it dismissed three Army officers and removed another from service over their involvement in the 2024 martial law bid. One of the officers, Brig. Gen. Kim Jeong-geun, is seen in this December 2024 photo ahead of questioning by special prosecutors. File Photo by »»»
Sudan Recalls Ambassador to Ethiopia After Airport Attack
Sudan has recalled its ambassador to Ethiopia, accusing the country of involvement in a drone attack targeting the airport in the capital, the official news agency SUNA reported Tuesday. A military source told AFP that Sudanese air defenses downed drones that targeted Khartoum airport on Monday, wh»»»
China Fireworks Factory Explosion Kills Tens, Injures 61
The death toll from a giant explosion at a fireworks factory in central China rose to 26, with 61 more injured, officials said Tuesday. The explosion occurred at around 4:43 pm on Monday at the Liuyang Huasheng Fireworks Manufacturing and Display Company in Liuyang, Hunan province, state broadcaste»»»
Ukraine to Observe Own Truce with Russia Starting May 6, Zelensky Says
Ukraine will observe its own truce with Russia starting May 6, Ukrainian President Volodymyr Zelensky said Monday, after Moscow declared a unilateral truce with Ukraine over the May 9 Russian holiday. "As of today, there has been no official appeal to Ukraine regarding the modality of a cessation o»»»
China hails 'our era' as Wu Yize's world snooker triumph goes viral
Beijing: Trailblazer Ding Junhui called it "our era" as Wu Yize's World Snooker Championship victory went viral back home in China with tens of millions celebrating the country's latest landmark in the sport. Wu beat Shaun Murphy 18-17 in a nail-biting final at Sheffield's Crucible Theatre on Monda»»»
Gen, News launches Gen, Money, an economic news platform for the new generation, with support from ING
Gen, Money aims to explain the economy and personal finance in clear, useful language that resonates with young people’s reality. The content draws both from current topics, such as inflation, taxes, the budget deficit, fiscal measures, or the transition to the euro, as well as from very concrete q»»»
Raiffeisen Bank Romania ends Q1 2026 with 50% more new customers
Total assets reached almost 90 billion RON, an increase of 6% versus the first quarter of 2025, driven mainly by lending growth and the expansion of the bond portfolio. Net profit stood at 367 million RON in Q1 2026, while operating expenses rose by 5% compared to Q1 2025. Customer deposits amounte»»»