Kuwait City: The price of Kuwait crude oil fell by $1.32 during Monday’s trading, reaching $76.32 per barrel compared to $77.64 per barrel on Sunday, as reported by the Kuwait Petroleum Corporation on Tuesday. According to Emirates News Agency, Brent crude experienced a drop of $5.53, bringing its price to $71.48 per barrel. Similarly, West Texas Intermediate saw a decrease of $5.53, settling at $68.51 per barrel.

Abu Dhabi: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, engaged in a phone conversation with Jeyhun Bayramov, Minister of Foreign Affairs of Azerbaijan, to deliberate on the latest developments in the Middle East and their implications for regional peace and security. According to Emirates News Agency, both ministers emphasized the importance of diplomacy and dialogue as crucial tools in addressing ongoing crises and in fostering the foundations for lasting security and stability across the region and beyond. Sheikh Abdullah and Minister Bayramov also explored several issues of mutual interest related to bilateral

Beijing: Chinese taikonauts have made steady progress in multiple experiments over the past week, including a vertical visual field study, and have also conducted research related to microbiota and nutrient metabolism, CCTV News reported on Monday. According to Emirates News Agency, in the field of space medicine, multiple studies have progressed smoothly. Using specialised equipment and testing software, the crew completed behavioral assessments, as stated in the report. The data collected will help examine how microgravity and shifts in attentional focus affect the asymmetry of taikonauts’ vertical visual fields and the associated neural mechanisms, providing valuable references for future mission

Abu Dhabi: The General Pension and Social Security Authority (GPSSA) announced on Tuesday that pension payments for this month will be disbursed on Wednesday, with funds to be deposited directly into beneficiaries’ bank accounts. According to Emirates News Agency, the total value of June’s pension payments is AED834,511,656.49, which shows an increase compared to AED782,578,834.21 in June 2024. This reflects a rise of AED51,932,822. The number of beneficiaries has also increased to 49,984 from 48,335 in June 2024, marking an increase of 1,649. The GPSSA advised pensioners and beneficiaries to ensure their personal data is current, either with the authority

Abu Dhabi: The Central Bank of the UAE (CBUAE) has imposed a financial sanction amounting to AED2,000,000 on an exchange house operating within the UAE. This action is pursuant to Article 137 of the Decretal Federal Law No. 14 of 2018, which pertains to the Central Bank and Organisation of Financial Institutions and Activities, along with its amendments. According to Emirates News Agency, the financial penalty follows an examination conducted by the CBUAE, which uncovered non-compliance by the exchange house with Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) policies and procedures. This non-compliance prompted the CBUAE to take

Dubai: The International Chamber of Commerce (ICC) has elected Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, as a member of its Executive Board, reinforcing Dubai’s leadership in advancing global trade, driving business growth, and fostering international partnerships. According to Emirates News Agency, the ICC is the world’s largest business organisation, representing a network of 45 million companies ranging from small and medium enterprises (SMEs) to multinational corporations (MNCs) that collectively employ over one billion people in more than 170 countries. Founded in Paris in 1919, the ICC serves as the voice of the global business community. The

Sharjah: H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), presided over a meeting of the Council on Tuesday at the Ruler’s Office. H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of Sharjah Executive Council, and H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Executive Council, were present. According to Emirates News Agency, the meeting focused on enhancing the services provided by local departments to the community, ensuring

Abu Dhabi: Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and Acting Minister of Higher Education and Scientific Research, congratulated UAE-based higher education institutions (HEIs) on their progress in the Quacquarelli Symonds (QS) World University Rankings 2026. He commended their rising positions in the prestigious index as a testament to the success of the UAE’s ongoing efforts to boost the global academic competitiveness of its higher education sector. According to Emirates News Agency, Dr. Al Awar emphasized the steady progress of UAE-based HEIs toward academic and research excellence and greater global presence. He reaffirmed the commitment of the