Australia’s Trade Surplus Exceeds Expectations in June

Abu dhabi: Australia recorded a seasonally adjusted merchandise trade surplus of A$5.37 billion in June, well above market expectations of A$3.18 billion, the Australian Bureau of Statistics said on Thursday. The surplus marked a significant increase from the revised A$1.60 billion in May, which was initially reported as A$2.24 billion. According to Emirates News Agency, exports experienced a notable jump of 6.0 percent month-on-month to reach A$44.318 billion. This rise followed a downwardly revised 3.0 percent decline in the previous month, which was originally reported as a 2.7 percent decrease. Meanwhile, imports saw a 3.1 percent drop on month after

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UK Scientists Discover Genetic Links to Chronic Fatigue Syndrome

Abu dhabi: Researchers at the University of Edinburgh announced a groundbreaking discovery on Wednesday, revealing distinct differences in the DNA of individuals with chronic fatigue syndrome (CFS), potentially shifting the perception of the condition away from psychological explanations. According to Emirates News Agency, the study identified eight specific areas of genetic code that differ between individuals with myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) and healthy volunteers. This marks the first significant evidence suggesting a genetic contribution to the likelihood of developing the disease, according to the researchers’ statement. The primary symptoms of ME/CFS include severe fatigue, pain, and cognitive difficulties, often

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Korea Logs Record High Current Account Surplus in June

Abu dhabi: The Republic of Korea recorded its largest-ever current account surplus in June, driven by rising exports of semiconductors and other key items, central bank data showed Thursday. The country’s current account surplus reached US$14.27 billion in June, up from $10.14 billion the previous month. According to Emirates News Agency, the data compiled by the Bank of Korea (BOK) marks the highest monthly surplus on record and the 26th consecutive month of surplus, as the country has maintained a current account surplus every month since May 2023. During the first half of 2025, the cumulative current account surplus stood

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UAE Ambassador Meets ACS Secretary-General to Strengthen Partnership

Abu dhabi: Hazza Al Kaabi, UAE Ambassador to the Republic of Cuba, met with Noem­ Espinoza Madrid, the newly appointed Secretary-General of the Association of Caribbean States (ACS), at the ACS Secretariat headquarters, as part of an official visit to the Republic of Trinidad and Tobago. This meeting reaffirmed the UAE’s unwavering commitment to strengthening ties with Caribbean countries, and to expanding cooperation in areas such as sustainable development and cultural exchange. According to Emirates News Agency, during the meeting, Al Kaabi underscored the close relations between the UAE and the ACS, particularly since the UAE obtained Observer Status in

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ALC’s ‘Kanz Al Jeel Award’ Elevates Nabati Poetry Through Cultural Heritage

Abu dhabi: Launched in 2021 by the Abu Dhabi Arabic Language Centre (ALC), the Kanz Al Jeel Award has achieved notable success, quickly establishing itself as one of the region’s top literary accolades. The award plays a significant role in documenting the UAE’s cultural heritage and celebrating its diversity. According to Emirates News Agency, over the past four years, Kanz Al Jeel has become a notable platform, attracting a significant number of applicants who view it as a unique opportunity to showcase their creative visions to a wider audience. The Poetry Matching category, in particular, offers poets a space to

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Ajman Crown Prince Discusses Cooperation with Slovak Ambassador

Ajman: H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, received Pavol Panis, Ambassador of the Republic of Slovakia to the UAE, who came to pay a courtesy visit at the beginning of his tenure in the country. Sheikh Ammar welcomed the Slovak ambassador and wished him success in his new role, expressing hope that his tenure would contribute to advancing bilateral ties between the UAE and Slovakia. According to Emirates News Agency, discussions focused on enhancing joint cooperation in multiple sectors to promote the common interests of the two friendly countries.

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Orient Insurance Achieves AED503 Million Profit in H1 2025

Dubai: Orient Insurance on Thursday reported a 21 percent year-on-year increase in net profit after tax for the first half of 2025, reaching AED503 million, up from AED416 million in the same period last year. According to Emirates News Agency, insurance revenue rose 24 percent to AED4.47 billion, compared to AED3.60 billion in H1 2024. The company’s total assets stood at AED16.90 billion, up by 16 percent from AED14.63 billion in H1 2024. Omer Elamin, President of Orient Insurance Group, stated, “Our H1 2025 results underscore Orient Insurance’s strong momentum and strategic agility. The impressive growth across the key financial

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RAK Police Officer Hoists UAE Flag on Europe’s Highest Peak

Ras al khaimah: A member of Ras Al Khaimah Police has successfully reached the summit of Mount Elbrus, Europe’s highest peak, following a gruelling five-day expedition. Major Ibrahim Saif Al Mazrouei scaled the 5,642-metre mountain in Russia, becoming the first Ras Al Khaimah Police officer to climb one of the Seven Summits. He raised the UAE flag alongside the Ras Al Khaimah Police emblem at the peak. According to Emirates News Agency, Major General Ali Abdullah bin Alwan Al Nuaimi, Commander-in-Chief of Ras Al Khaimah Police, commended Major Al Mazrouei for his perseverance, determination and ambition in completing the climb

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