Tokyo: Japan’s annual wholesale inflation experienced a slowdown for the fourth consecutive month in July, as revealed by recent data on Wednesday. This trend highlights the central bank’s perspective that the inflationary pressure from raw material costs is gradually decreasing. According to Emirates News Agency, the corporate goods price index (CGPI), which tracks the prices that companies charge each other for goods and services, saw a 2.6 percent increase in July compared to the same month last year. This marks a deceleration from the 2.9 percent growth recorded in June. The CGPI figure closely aligns with market expectations, which had

Abu dhabi: AD Ports Group today announced its financial results for the second quarter of 2025. The group’s revenue surged 15 percent year-on-year (YoY) to AED4.83 billion in Q2 2025, driven by the Ports, Economic Cities and Free Zones, and Maritime and Shipping clusters. According to Emirates News Agency, quarterly EBITDA increased 9 percent YoY to AED1.17 billion, with the group EBITDA margin standing at 24.2 percent in Q2 2025. The group’s profit before tax reached AED519 million, up 5 percent YoY, primarily due to higher depreciation and amortisation charges and finance costs. Total net profit was relatively flat at

Kourou: Europe’s Ariane 6 heavy-lift rocket launched for the third time on Wednesday, carrying an advanced weather and climate satellite into orbit. According to Emirates News Agency, the rocket lifted off from Europe’s Spaceport in Kourou, French Guiana, and is operated by French company Arianespace on behalf of the European Space Agency. Ariane 6 made its debut with a test flight in July 2024, followed by a second mission in March this year. On its latest flight, Ariane 6 carried Metop-SGA1, an 8,900-pound (4,040-kilogramme) weather satellite. The spacecraft was placed into a polar orbit about 500 miles (800 kilometres) above

Seoul: The Republic of Korea’s exports of information and communication technology (ICT) products jumped 14.5 percent from a year earlier in July on record-high performance of chips, data showed Wednesday. Outbound shipments of ICT products reached US$22.19 billion last month, compared with $19.38 billion a year earlier. It marks the highest export volume for any July. According to Emirates News Agency, imports gained 9.8 percent on-year to $13.32 billion, resulting in a trade surplus of $8.87 billion in the sector. The science ministry attributed the sharp increase in exports to record shipments of semiconductors, which spiked 31.2 percent on-year to

Bras­lia: The Ministry of Foreign Affairs of the Federative Republic of Brazil awarded Saleh Ahmed Al Suwaidi, UAE Ambassador, the Grand Cross of the National Order of the Southern Cross, in recognition of his contributions to strengthening the strategic partnership between the UAE and Brazil, and on the occasion of the end of his tenure. According to Emirates News Agency, the decoration, presented to Al Suwaidi during a ceremony hosted by the Ministry of Foreign Affairs, is the highest honour granted by the Brazilian government to foreign nationals. It is traditionally conferred upon heads of government, ambassadors, and other dignitaries,

Abu dhabi: The Ministry of Human Resources and Emiratisation (MoHRE) has completed more than 18 million smart transactions for customers in the first half of 2025, a notable figure demonstrating its digital readiness and highlighting the advancements it has made with smart digital services. According to Emirates News Agency, the figure reflects the ministry’s efforts to strengthen its role as a global leader in labour market services, in line with the UAE’s ‘We the UAE 2031’ vision to become the world’s most prosperous and fastest-growing society. Statistics compiled by MoHRE indicated a growing customer demand for its smart services, underscoring

Bel©m: The Minister of Tourism of Brazil, Celso Sabino, has met with ambassadors from six Gulf countries in the northern Brazilian city of Bel©m, capital of the state of Par¡, to discuss investment and cooperation ahead of the COP30. According to Emirates News Agency, the meeting with representatives from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain aimed to strengthen ties, enhance cooperation, and attract investment in logistics, infrastructure, and sustainable solutions, as part of preparations for COP30. The event is scheduled for November 2025 in Bel©m. Sabino, who is acting as the federal government’s liaison with

Ajman: Ajman Chamber has registered an 8 percent increase in industrial establishment membership during the first half of this year compared to the same period in 2024. The number of registered industrial establishments rose to 863, up from 800 during the first half of last year. According to Emirates News Agency, Ajman Chamber is committed to fostering the growth of the industrial sector, recognising it as a key driver of the local economy. This is achieved by stimulating and encouraging investments, attracting new industrial projects, and providing a competitive business environment that supports the sustainability and expansion of existing establishments.