Dubai: Gold buyers in Dubai saw prices retreat below the Dh500 mark on Thursday morning, following a strong surge that pushed the 24-karat rate above the threshold during the previous session. Sign up for our daily business newsletter, Cheques & Balances.The 24-karat variety stood at Dh496.25 at 8.»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe IRGC Issues Stark ‘Irreparable Defeat’ Warning to US Amid Strait of Hormuz Showdown 23-07-2026 08:31 AM The Islamic Revolution Guards Corps»»»

Dubai: Emirates NBD expanded its loan book by Dh114 billion during the first half of 2026, taking gross lending to Dh771 billion after strong growth across its core markets and the consolidation of RBL Bank. Sign up for our daily business newsletter, Cheques & Balances.The Dubai-based lender report»»»

Dubai: Emirates Islamic increased customer financing by 9.1% during the first six months of 2026 to Dh97 billion, while deposits grew 8.3% to Dh110.6 billion. Sign up for our daily business newsletter, Cheques & Balances.The Islamic lender reported an operating profit of Dh2.2 billion for the perio»»»

Iraqi Prime Minister Ali al-Zaidi’s visit to Washington earlier this month was an effort to move the US-Iraq relationship “from managing crises to creating opportunities”. That phrase appeared in an article he wrote for The Washington Post on the day of his arrival, before meeting US President Dona»»»

Dubai: First Abu Dhabi Bank’s loan book grew 7% during the first six months of 2026 to Dh661 billion, while customer deposits reached Dh853 billion. Sign up for our daily business newsletter, Cheques & Balances.Profit before tax rose 16% compared with the previous quarter and 6% year on year to Dh7»»»

The war between the US and Iran has entered a more dangerous phase, with fighting spreading across the Gulf, Red Sea and key shipping lanes that are critical to the Gulf and regional security, and the global economy. While the UAE has not been directly targeted, residents are closely watching devel»»»

US President Donald Trump warned on Wednesday that the US would destroy an Iranian bridge or power plant every time Tehran attacked shipping in the Strait of Hormuz. The threat came as Washington and Iran exchanged fresh strikes, regional missile alerts sounded and diplomatic efforts remained stall»»»

Republicans in the U.S. House of Representatives passed a massive defense spending bill on Wednesday. Photo by Bonnie Cash/UPI | License Photo July 22 (UPI) -- House Republicans narrowly passed a massive $1.15 trillion defense authorization bill Wednesday, despite strong Democratic opposition to th»»»

ABUJA/GUSAU, Nigeria: President Donald Trump praised Nigerian President Bola Tinubu for his actions against violence, according to a letter released by Nigeria’s presidency on Wednesday, in contrast to the US leader’s threats late last year over treatment of that country’s Christians.Trump said he »»»

Dubai: Global equities, private markets, fixed income and selected digital assets are drawing greater interest from Non-Resident Indians who have traditionally held much of their wealth in property and operating businesses. Sign up for our daily business newsletter, Cheques & Balances.Younger gener»»»

The US House of Representatives approved a $95 billion budget framework on Wednesday, with most of the funding earmarked for the Pentagon to fund the war against Iran. The measure was narrowly approved in a 216-214 vote and now heads to the Senate, where its fate is uncertain. The plan provides $73»»»

DUBAI: The US military announced early Thursday that it was conducting a 12th night of strikes against Iran as both sides increasingly targeted civilian infrastructure.US Central Command said the attacks were designed to “further degrade Iran’s ability to threaten civilian mariners and commercial v»»»

NEW YORK: The European Union approved Paramount’s $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and media landscape worldwide. But the greenlight comes with certain conditions. T»»»

WASHINGTON: The House adopted a Republican-only $95 billion budget proposal Wednesday, a long-shot effort to fund the Iran war and other White House priorities over objections from Democrats and a few GOP holdouts in a final push before the midterm elections. House Republicans were divided over the»»»

The US House of Representatives narrowly passed an annual defence policy bill on Wednesday that would authorize a record $1.15 trillion in funding for the Pentagon, as the divisive Iran war drags on. Though it traditionally sees significant bipartisan support, the 2027 National Defence Authorizatio»»»

President Donald Trump has approved a landmark civilian nuclear cooperation agreement with Saudi Arabia, clearing the way for US companies to help develop the kingdom's civilian nuclear energy program in a move that is expected to trigger debate over nuclear proliferation and security in the Middle»»»

1 of 3 | Philippine President Ferdinand Marcos Jr., right, meets Wednesday with U.S. Secretary of State Marco Rubio, second from right, during a courtesy visit inside Malakanang Presidential Palace in Manila. Rubio was in Manila to attend meetings of the Association of Southeast Asia Nations. Photo»»»

WASHINGTON: The US and Saudi Arabia on Wednesday forged a new agreement that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program. US Energy Secretary Chris Wright and Saudi Minister of Energy Abdulaziz bin Salman formally signed the nuclear coop»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Adviser to Iran’s Supreme Leader on political and international affairs Ali Akbar Velayati: The Islamic Republic of Iran has entered a new »»»

MEXICO CITY: Nicaragua’s lawmakers said they will carry out a plan by President Daniel Ortega to abolish elections in the Central American country, prompting renewed criticisms Wednesday by the international community. The move was announced in a statement Tuesday by Nicaragua’s congress, which is »»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Iran’s top negotiator Mohammad Bagher Ghalibaf: In a region where we do not sell oil, no one will sell oil 22-07-2026 20:50 PM Latest News »»»

1 of 5 | A U.S. Army team carries the transfer case containing the remains of Army Staff Sgt. Emmanuel Swinton during a dignified transfer Wednesday at Dover Air Force Base in Dover, Del. Swinton, who was killed during a controlled detonation of an Iranian drone in Iraq, will receive a Bronze Star,»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Al-Manar correspondent: Israeli artillery shelling targeted the Iskenderun area on the outskirts of Al-Bayyada 22-07-2026 18:27 PM Latest N»»»

LONDON — World oil prices soared Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and Iran carried out more strikes.Crude futures went on to give up some of the gains but still banked gains of about»»»

Democrats grilled US Secretary of War Pete Hegseth over the Iran War during his testimony before the US Senate as the White House requested additional funding for operations in the Middle East. The US and Iran resumed regular exchanges of strikes earlier this month, with both sides saying the truce»»»

The Trump administration is showing signs that it could move to ban cutting-edge Chinese artificial intelligence (AI) models, as the emergence of China's open-source Kimi K3 model has revived earlier efforts, US media outlet Axios reported on Monday local time. Chinese experts said that the reporte»»»

President Donald Trump appears at the West Wing Portico of the White House in Washington, D.C., on Tuesday. On Wednesday, he was expected to travel to Georgia where he will give a speech on Trump Accounts. Photo by Aaron Schwartz/UPI | License Photo July 22 (UPI) -- President Donald Trump on Wednes»»»

The New York Times is reporting that the Trump administration plans to announce that it has reached a broad nuclear agreement with Saudi Arabia which could lead to the country enriching its own fuel for nuclear reactors.What do we know about the deal and what will this mean for the region? Details »»»

The US on Wednesday is set to announce a deal with Saudi Arabia that would allow the oil-rich Gulf nation to enrich uranium, according to US media reports. Riyadh has long asserted its right to a civilian nuclear programme, but Israel and several policy experts warn that it could spark a nuclear pr»»»

BEIRUT: Lebanese Parliament Speaker Nabih Berri stressed on Wednesday that following the Washington summit between US President Donald Trump and Lebanese President Joseph Aoun, the focus must now be on “results on the ground, not just the appearance of the meeting.” In remarks to Asharq Al-Awsat, B»»»

“Cargo corridor” journalism might have seemed a dull proposition to most reporters just a few years ago, but when it comes to geographies including the Middle East, Turkey, the Caucasus and Central and South Asia, it is by now a big thing among many news outlets. First-came the full-scale invasion »»»

President Donald Trump has reached an agreement with Saudi Arabia on Wednesday that will involve the United States supporting the creation of a Saudi nuclear power program. File Photo by Nathan Howard/UPI | License Photo July 22 (UPI) -- President Donald Trump has reached an agreement with Saudi Ar»»»

The Gulf’s importance in US calculations is no longer measured only in barrels of oil, shipping lanes, and military bases. With the rise of artificial intelligence, the states of the Gulf Cooperation Council (GCC) are emerging as partners in the physical infrastructure underpinning one of the most »»»

DOVER AIR FORCE BASE, Delaware: US President Donald Trump attended a ceremony for four US service members who returned to American soil in flag-draped caskets on Wednesday after being killed in Iranian attacks in the Middle East. The ceremony, known as a “dignified transfer” of the bodies, comes am»»»

New York City Mayor Zohran Mamdani said Tuesday that his administration did not have the legal authority to arrest Israeli Prime Minister Benjamin Netanyahu as he had planned, and called on US federal authorities to do so. The Democratic mayor had said earlier this month that he was exploring the l»»»

According to US media, the Trump administration is expected to announce a nuclear deal with Saudi Arabia later this Wednesday. While the White House claims the nuclear deal will bring billions to American companies and pave the way for Saudis to have a civilian nuclear program and nuclear power, cr»»»

A Mexican national serving a decades-long prison sentence for murdering a Michigan woman has filed a federal lawsuit against US President Donald Trump, seeking $75 million in damages, a public apology, and American citizenship after claiming his case was exploited for political gain. Brandon Ortiz-»»»

TEHRAN: US President Donald Trump threatened Wednesday to knock out one Iranian bridge or power plant in return for each attack on shipping in the Strait of Hormuz, warning he was “not finished” with a war that has already cost Washington $37.5 billion. Fighting over the strait led to the collapse »»»

Havana: Cuba's population fell in 2025, official statistics show, extending a downward streak as the country faces an unprecedented wave of migration. The communist island is reeling from its worst economic crisis in decades -- one made worse by a fuel blockade and sanctions imposed by US President»»»

Microsoft has announced that it is investing $60 million to advance AI for the Department of Energy’s Genesis Mission on Wednesday. File Photo by James Atoa/UPI | License Photo July 22 (UPI) -- Microsoft has announced that it is investing $60 million to advance AI for the Department of Energy's Gen»»»

HAVANA: Cuba’s population fell in 2025, official statistics show, extending a downward streak as the country faces an unprecedented wave of migration. The communist island is reeling from its worst economic crisis in decades — one made worse by a fuel blockade and sanctions imposed by US President »»»

Secretary of Health and Human Services Robert F. Kennedy Jr. stands during a press conference about withholding Medicaid funds from Minnesota and California Tuesday. Photo by Bonnie Cash/UPI | License Photo July 21 (UPI) -- The U.S. Department of Health and Human Services said Tuesday it is withhol»»»

Dubai: Saudi travellers could gain access to more domestic, regional and long-haul services as flynas adds 25 Airbus aircraft to support the expansion of its six operating bases across the Kingdom. Sign up for our daily business newsletter, Cheques & Balances.The low-cost airline has agreed to acqu»»»

AI agents being tested in an OpenAI lab went rogue, launching an "unprecedented" hacking attack targeting a database of AI models run by a startup in New York. File photo by Adam Vaughan/EPA July 22 (UPI) -- OpenAI said two of its AI bots launched an "unprecedented" attack, hacking into a startup's»»»

Speaker of the House Mike Johnson, R-La., pushed through a continuing resolution to keep the government funded through December. Most Democrats opposed it. Photo by Bonnie Cash/UPI | License Photo July 22 (UPI) -- House Republicans pushed through a spending bill that would fund the government throu»»»

Dubai: Fujairah is set to expand its cargo and container handling capacity through two new multipurpose ports developed under a 50-year concession agreement between DP World and the Fujairah Ports Authority. Sign up for our daily business newsletter, Cheques & Balances.The agreement covers the deve»»»

WASHINGTON (Sputnik) - US President Donald Trump threatened on Wednesday to destroy one bridge or power plant in Iran, including in Tehran, every time the Islamic Republic strikes a vessel in the Strait of Hormuz. "From this point forward, any time the Islamic Republic of Iran shoots at a ship in t»»»

Dubai: Commercial Bank of Dubai’s net loan book crossed Dh100 billion during the first half of 2026 as lending growth and higher non-funded income helped lift profit despite weaker net interest income. Sign up for our daily business newsletter, Cheques & Balances.Net loans and advances reached Dh10»»»

Dubai: United Arab Bank reported a net profit of Dh201 million for the first half of 2026, supported by higher income and double-digit growth across lending, investments and customer deposits. Sign up for our daily business newsletter, Cheques & Balances.Second-quarter profit reached Dh126 million,»»»