Minister: Kozloduy N-Plant Can Operate for Another Week and a Half If Danube Remains at Current Level
If the water level of the Danube River remains as it is, the Kozloduy N-plant can continue operating without disruption for another week and a half, Energy Minister Iva Petrova said in an interview on Nova TV. The minister described the situation as challenging and dynamic, but added that the facil»»»
ADNOC’s XRG chemicals bets start paying off as global portfolio posts resilient earnings
Dubai: ADNOC’s international investment arm XRG is beginning to see earnings contributions across its expanded chemicals portfolio, with Borouge International, Covestro and Fertiglobe reporting resilient results during the second quarter of 2026. Sign up for our daily business newsletter, Cheques &»»»
UAE Ministry of Finance extends Small Business Relief for Corporate Tax until end-2029
Dubai: Small businesses in the UAE with annual revenue of up to Dh3 million will be able to continue claiming Small Business Relief for corporate tax purposes until the end of 2029. Sign up for our daily business newsletter, Cheques & Balances.The Ministry of Finance said on Friday that Ministerial»»»
6 S. Korean activists booked over unauthorized Ukraine visit on N. Korean POWs - UPI.com
South Korean activists who visited North Korean POWs in Ukraine were charged by police for violating passport laws, the activist group's leader said Friday. This January 2025 photo shows a North Korean POW captured by Ukraine. File Photo via President of Ukraine/UPI | License Photo Six South Korean»»»
Emaar Development H1 profit jumps 43% to Dh6.7b as property sales hit Dh22.4b
Dubai: Emaar Development recorded Dh22.4 billion in property sales during the first half of 2026, while net profit after tax increased 43% to Dh6.7 billion as the developer continued to recognise revenue from projects across its Dubai communities. Sign up for our daily business newsletter, Cheques »»»
Fly Baghdad removed from US sanctions list, airline begins phased network restoration
Dubai: Fly Baghdad has been removed from the US sanctions list after two years, allowing the Iraqi airline to resume normal commercial dealings and begin rebuilding its flight network. Sign up for our daily business newsletter, Cheques & Balances.The US Department of the Treasury’s Office of Foreig»»»
Emaar H1 2026 profit before tax rises 23% to Dh12.8 billion, sales hit Dh26.6 billion
Dubai: Emaar Properties recorded Dh26.6 billion in property sales during the first half of 2026, while its revenue backlog climbed to Dh164.9 billion, giving the Dubai developer a substantial pipeline of sales to recognise in future periods. Sign up for our daily business newsletter, Cheques & Bala»»»
Dr Suaad: How UAE’s first woman aircraft engineer broke barriers — ‘A woman can be whatever she dreams of becoming’
For 21 years, Dr. Eng. Suaad Al Shamsi, has been challenging perceptions of what women can achieve in one of the world's most demanding industries. As the first female aircraft engineer in the United Arab Emirates, she has built a career at the intersection of aviation, technology and leadership, w»»»
Dubai gold prices rise again, 24K hits Dh514 and 22K reaches Dh476
Dubai: Dubai gold prices climbed again on Friday morning, taking local rates back to their highest level so far this month and leaving shoppers facing a considerably higher price than they did at the start of August. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar,»»»
Dana Gas H1 2026 net profit rises 47% to Dh393 million on higher revenue
Dubai: Dana Gas reported a 47% increase in first-half net profit to Dh393 million, or $107 million, helped by higher hydrocarbon prices, increased production in Egypt and a one-off gas metering reconciliation recognised during the first quarter. Sign up for our daily business newsletter, Cheques & »»»
ADNOC L&S expands oil and gas shipping fleet with $1.3 billion vessel acquisition
Dubai: ADNOC Logistics & Services is investing about $1.3 billion, equivalent to Dh4.8 billion, to acquire 11 vessels and expand its capacity to transport crude oil and gas across global markets. Sign up for our daily business newsletter, Cheques & Balances.The acquisition includes five modern Very»»»
Judge dismisses Reflecting Pool case against Olympian David Hearn - UPI.com
1 of 2 | A view of the drained Lincoln Memorial Reflecting Pool and the USAA National Military Monument from the Lincoln Memorial on July 28, 2025 in Washington, D.C. The reflecting pool was drained between July 13th and 14th to clean up algae blooms and repair the peeling pool liner. File Photo by»»»
Gold price outlook 2026 hinges on rates, dollar and Asian demand, WGC says
Dubai: Gold buyers face a mixed outlook after bullion ended July almost unchanged, with the World Gold Council saying a possible second wave of inflation would not guarantee a major rally in the precious metal. Sign up for our daily business newsletter, Cheques & Balances.Gold closed the month at $»»»
Sen. Mitch McConnell released from rehabilitation center after fall - UPI.com
Sen. Mitch McConnell, R-Ky., released a statement Thursday saying he has been released from a rehabilitation facility and will continue to recover from a fall at home. File Photo by Bonnie Cash/UPI | License Photo Aug. 6 (UPI) -- Sen. Mitch McConnell, whose long absence from the Senate has sparked »»»
Man sentenced to life in prison for driving car into crowd in Munich - UPI.com
Emergency services at the scene after a car was driven into a group of people attending a Ver.di union demonstration in Munich, Germany, on Feb. 13, 2025. File Photo by Paul/Vifogra/EPA-EFE Aug. 6 (UPI) -- A 25-year-old man has been sentenced to life in prison after being found guilty of killing tw»»»
Blast on bus near Syrian capital Damascus: state TV
DAMASCUS: A bomb planted on a minibus exploded on Thursday in the Syrian town of Jaramana in the suburbs of capital Damascus, state television reported, citing an official source. An AFP photographer saw several ambulances heading to the scene of the explosion, where a main street had been closed t»»»
Secret meeting? Report claims Iran’s president couldn’t even see supreme leader Mojtabad Khamenei
Dubai: Iranian President Masoud Pezeshkian was reportedly taken to a secret location in Tehran for a highly unusual meeting with supreme leader Mojtaba Khamenei, where the two allegedly spoke from inside a dark, tinted-window vehicle without seeing each other, according to a report by Iran Internat»»»
Meta says its AI hacked another company during cybersecurity test - UPI.com
Meta is the latest tech company to share that its AI model hacked into another company’s systems, marking at least the third such incident in recent weeks. File Photo by Will Oliver/UPI | License Photo Aug. 6 (UPI) -- Meta is the latest tech company to share that its AI model hacked into another co»»»
Iran says Oman deal alone won’t reopen Hormuz
Dubai: Iran has made clear that its emerging maritime agreement with Oman will not, by itself, reopen the Strait of Hormuz to normal commercial shipping, saying the United States must first meet a series of political and economic conditions before free navigation can resume, according to news repor»»»
Coalition embodies international recognition of need to protect maritime security, Al-Maliki says
RIYADH: The creation of the Multinational Maritime Defense Coalition reflects an international recognition of the threats facing maritime security and freedom of navigation, Saudi Arabia’s Defense ministry said on Thursday. It also embodies a collective responsibility to protect maritime corridors »»»
Senate Republicans vote to hold Fauci in contempt of Congress - UPI.com
1 of 3 | Republicans on the Senate Homeland Security and Governmental Affairs Committee voted to hold Anthony Fauci in contempt of Congress on Thursday. Photo by Bonnie Cash/UPI | License Photo Aug. 6 (UPI) -- Republicans on the Senate Homeland Security and Governmental Affairs Committee voted to h»»»
Dubai gold price hits Dh516.25 per gram, 10g of 24K costs over Dh5,100
Dubai: Gold prices moved higher again on Thursday afternoon, taking the local 24-karat rate to Dh516.25 per gram and extending a rapid increase that has added Dh29 since the beginning of August. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and »»»
63 N. Korean defectors arrive in S. Korea in 1st half, down 35 pct on-year - UPI.com
A total of 63 North Korean defectors reached South Korea in the first half of 2026, the Unification Ministry said Thursday. In this February 2021 photo, visitors look at ribbons wishing for Korean Unification near the DMZ in Paju. File Photo by Thomas Maresca/UPI | License Photo A total of 63 North»»»
Teenage recruits allege rape, abuse at UK Army college
Dubai: Four women have accused a British Army training college for teenagers of fostering a culture of misogyny and sexual violence, with one alleging she was raped for hours by several fellow junior soldiers when she was 17. The allegations, revealed by the BBC, have renewed scrutiny of safeguardi»»»
N. Korea fires short-range ballistic missile toward East Sea: military - UPI.com
North Korea fired at least one short-range ballistic missile on Thursday, South Korea's military said. In this January photo, people watch a news report of a North Korean missile launch at Seoul Station. File Photo by Jeon Heon-Kyun/EPA North Korea fired at least one short-range ballistic missile t»»»
Trump International Hotel & Tower Dubai awards podium construction contract
Dubai: Construction of the Trump International Hotel & Tower, Dubai is moving into its next phase after developer Dar Global appointed Gulf Asia Contracting to build the project’s podium. Sign up for our daily business newsletter, Cheques & Balances.The contract award follows progress on the enabli»»»
Burjeel H1 2026 profit rises 97.4% to Dh227m after 3.7 million patient visits
Dubai: Burjeel Holdings treated more than 3.7 million patients during the first half of 2026 as higher demand for outpatient services, surgeries and complex medical care supported a 97.4% increase in net profit excluding one-off items. Sign up for our daily business newsletter, Cheques & Balances.N»»»
Space42 H1 2026 revenue rises 15% to $260m, D2D services set for year-end rollout
Dubai: Space42 reported record first-half revenue after growth across its satellite services and geospatial intelligence businesses, while preparations continued for the commercial rollout of direct-to-device services on standard mobile phones. Sign up for our daily business newsletter, Cheques & B»»»
Sharjah property deals hit Dh7 billion as Muwaileh Commercial leads sales activity
Dubai: Muwaileh Commercial recorded the highest number of property sales in Sharjah City during July, while Al Sajaa Industrial led by transaction value as the emirate’s real estate market reached Dh7 billion. Sign up for our daily business newsletter, Cheques & Balances.Muwaileh Commercial registe»»»
On This Day, Aug. 6: U.S. drops atomic bomb on Hiroshima - UPI.com
On Aug. 6, 1945, the United States dropped an atomic bomb on the Japanese city of Hiroshima. 1 of 6 | An unidentified newsman stands amid the rubble of Hiroshima in September 1945. On August 6, 1945, an atomic bomb was dropped on the city. UPI File Photo | License Photo Aug. 6 (UPI) -- On this date»»»
RAK Ceramics Q2 2026 profit rises 2.9%, board proposes 10 fils dividend
Dubai: RAK Ceramics’ board has proposed an interim dividend of 10 fils per share for the first half of 2026 after the company reported a 2.9% increase in second-quarter net profit. Sign up for our daily business newsletter, Cheques & Balances.The proposed distribution amounts to Dh99.3 million and »»»
Verdict due for Afghan accused of deadly Munich car-ramming
BERLIN: A verdict is due Thursday for an Afghan man accused of a car-ramming attack in Munich last year which killed a two-year-old girl and her mother and left dozens injured. The man, named only as Farhad N., has been on trial since January, accused of deliberately steering a car into a 1,400-str»»»
IHC H1 2026 profit jumps 195.6% to Dh26.2 billion, revenue reaches Dh64.9 billion
Abu Dhabi: International Holding Company reported a 195.6% increase in profit after tax to Dh26.2 billion during the first half of 2026, supported by growth across several operating sectors, investment income and active portfolio management. Sign up for our daily business newsletter, Cheques & Bala»»»
Aramex Q2 2026 revenue rises 22% to record Dh1.83 billion, net profit reaches Dh47 million
Dubai: Aramex reported its highest quarterly revenue on record in the second quarter of 2026, driven by increased freight-forwarding demand and alternative transport routes that kept customer shipments moving amid regional disruptions. Sign up for our daily business newsletter, Cheques & Balances.G»»»
Perez Hilton health update: After a ‘profoundly heartbreaking’ ordeal, family shares hope
Amid an outpouring of concern from fans and colleagues, Perez Hilton's family says there is now a reason for cautious optimism: he is able to communicate. The 48-year-old celebrity blogger, whose real name is Mario Armando Lavandeira Jr, was hospitalised on Tuesday (4 August) after an unsettling Ti»»»
Dubai since the 1960s: Pakistani family’s home museum of old bills, rental papers and rare photos
Time machines do not exist, except when someone spends a lifetime preserving the pieces of a world that has disappeared. They exist for those who choose to look: In old letters, photographs of places that no longer exist, electricity bills from decades ago, postcards, and crisp telegrams kept delib»»»
Who is Abdul Al Sayed, the public health reformer who could become America's first Muslim senator?
Dubai: Abdul Al Sayed has spent much of his career fighting public health crises, from lead poisoning and medical debt to the COVID-19 pandemic. Now the 41-year-old public health leader is preparing for the biggest battle of his political career after winning Michigan’s Democratic Senate primary — »»»
Air India appoints former Ethiopian Airlines chief as CEO
New Delhi: Air India appointed former Ethiopian Airlines Group head Tewolde Gebremariam on Wednesday as its chief executive officer, to steer the carrier after a turbulent period. Tewolde succeeds Campbell Wilson, who resigned after leading the airline since its return to Tata Group ownership in 20»»»
Air India appoints former Ethiopian Airlines chief as CEO
Dubai: Air India has appointed former Ethiopian Airlines Group chief executive Tewolde Gebremariam as its new Chief Executive Officer and Managing Director, succeeding Campbell Wilson as the Tata Group-owned carrier enters the next phase of its turnaround. Get updated faster and for FREE: Download »»»
From Carter to Trump: Why Washington keeps getting Iran wrong
Dubai: Donald Trump is hardly the first American president to discover that Iran is one of Washington’s most difficult adversaries. As his administration struggles to secure an agreement to reopen the Strait of Hormuz while warning Tehran against defying US demands, historians and former diplomats »»»
Salik reports Dubai traffic recovery in Q2 2026, with June volumes nearing normal levels
Dubai: Traffic through Dubai’s Salik toll gates began recovering during the second quarter, with a gradual rebound in April and May followed by volumes returning to almost near-normal levels in June. Sign up for our daily business newsletter, Cheques & Balances.The recovery came after traffic slowe»»»
Conflict-of-interest row deepens as Babiš’s Czech government fights Brussels over farm subsidy cap
First published in Deník N. The European Commission is preparing new rules for agricultural subsidies that would significantly affect the Czech Agrofert holding, which prime minister Andrej Babiš transferred to a trust fund at the end of February. And it is precisely he who could co-decide on their»»»
South Korea proposes dropping 'main enemy' label for North Korea - UPI.com
South Korean Unification Minister Chung Dong-young speaks during a policy briefing to President Lee Jae Myung at the presidential Blue House in Seoul on Wednesday. Pool Photo by Yonhap SEOUL, Aug. 5 (UPI) -- South Korea's Unification Ministry unveiled a blueprint for improving inter-Korean relation»»»
UAE tourist VAT refund system expands to 19,340 stores, Noon and 100 kiosks
Dubai: Tourists visiting the UAE can now access VAT refunds through more than 19,300 retail outlets, 100 self-service kiosks and eligible purchases made on the Noon e-commerce platform. Sign up for our daily business newsletter, Cheques & Balances.The number of stores connected to the Federal Tax A»»»
‘We thought we would die’: Inside Air India’s terrifying turbulence ordeal —and what caused it
Dubai: “We thought we were going to die.” A day after violent turbulence injured passengers aboard an Air India flight from Phuket to Delhi, many travellers are asking the same questions: What causes such incidents? Can pilots avoid them? And why do airlines advise passengers to keep their seat bel»»»
Kim Yo Jong warns Japan over expanding military capabilities - UPI.com
Kim Yo Jong, sister of North Korean leader Kim Jong Un, on Wednesday warned Japan over its expanding military capabilities. in this March 2019 photo, Kim is seen in Hanoi, Vietnam. File Pool Photo by Jorge Silva/EPA-EFE SEOUL, Aug. 5 (UPI) -- Kim Yo Jong, the powerful sister of North Korean leader »»»
Dubai Duty Free launches crypto payments at DXB, Al Maktoum Airport and online
Dubai: Eligible UAE residents can now use Crypto.com Pay when shopping at Dubai Duty Free stores at Dubai International Airport and Al Maktoum International Airport, as well as through its website. Sign up for our daily business newsletter, Cheques & Balances.Dubai Duty Free has become the first ai»»»
Emirates and South African Airways Expand Codeshare Partnership
Dubai: Emirates passengers can now book single-ticket journeys to nine additional destinations across South Africa and neighbouring countries following an expansion of the airline’s codeshare partnership with South African Airways. Sign up for our daily business newsletter, Cheques & Balances.The a»»»
What happened to Perez Hilton? Blogger hospitalised after police respond to TikTok livestream concerns
Celebrity blogger Perez Hilton was hospitalised on Tuesday night following a police response at his Miami home, after members of the public raised concerns over content he had livestreamed on TikTok. What happened Emergency vehicles were seen outside Hilton's residence in Miami on Tuesday evening a»»»
UAE essential goods price platform covers 8,343 products across 525 retail outlets
Dubai: UAE shoppers can compare prices for 8,343 essential products across 525 outlets operated by 13 major retailers through the Ministry of Economy and Tourism’s Essential Goods Prices Platform. Sign up for our daily business newsletter, Cheques & Balances.The platform, which was launched in Apri»»»