Austria’s Inflation Rate Hits Highest Level Since March 2024

Abu dhabi: Austria’s inflation rate rose to 4.1% in August, compared to 3.6% in July, reaching its highest level since March 2024. The increase was mainly driven by rising prices for energy, food, and services. According to Emirates News Agency, data from the agency showed that energy, services, and food prices were the key factors fuelling the rise in overall prices. Statistics Austria Director General Manuela Lenk stated that almost all categories of expenditure contributed to the current inflation. She explained that the largest increase occurred in the energy sector, which rose by 5.9%, mainly due to higher electricity prices.

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China’s Logistic Sector Sees Expansion in August Amid Improving Market Demand

Abu dhabi: China’s logistics sector expanded in business scale in August, as policies to promote domestic consumption, stabilize investment, and safeguard people’s livelihood continue to produce positive effects, and the synergy of supply and industrial chains accelerated, state broadcaster CCTV reported, citing industry data. According to Emirates News Agency, the index tracking the logistics market activity came in at 50.9 in August, climbing 0.4 points compared with the reading in the previous month. The total business volume index and new order index continued to expand, as reported by data released by the China Federation of Logistics and Purchasing (CFLP). The

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DIFC Courts Launches New Mediation Service Centre, Notary Service to Support UAE Businesses

Dubai: The Dubai International Financial Centre (DIFC) Courts today announced the launch of a new suite of ancillary services, including a Mediation Service Centre and a Notary Service. This development follows the issuance of Dubai Law No. (2) in March 2025 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which provides the legislative foundation for these services. According to Emirates News Agency, a resolution has been issued by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, in his capacity as President of the DIFC, outlining the

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Khalifa University Partners with HENSOLDT France to Enhance Cryptographic Security Research

Abu dhabi: Khalifa University of Science and Technology and HENSOLDT France, a subsidiary of the global sensor solutions leader HENSOLDT, have signed a research agreement to initiate a collaborative project titled ‘Next-Generation Cryptographic Security: Safeguarding Against Machine Learning and Emerging Threats’. According to Emirates News Agency, the agreement was signed by Professor Ahmed Al Durra, Associate Provost for Research at Khalifa University, and Philippe Guibourg, President of HENSOLDT France. The signing took place at the Khalifa University Main Campus in the presence of officials from both organizations. The research collaboration will focus on enhancing cryptographic security and efficiency in cybersecurity

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Kuwait Oil Price Rises to $72.77 Per Barrel

Kuwait city: The price of Kuwait oil increased by US$1.06 to US$72.77 per barrel on Monday, compared to US$71.71 per barrel last Friday, as reported by the Kuwait Petroleum Corporation on Tuesday. According to Emirates News Agency, the prices of Brent crude and West Texas Intermediate in global markets also saw an increase. Both rose by 67 cents, with Brent crude reaching $68.15 per barrel and West Texas Intermediate reaching $64.68 per barrel.

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Sharjah Award for Voluntary Work Launches 2nd ‘Sustainable Volunteering Competition’

Sharjah: The Sharjah Award for Voluntary Work (SAVW) has launched the second edition of the “Sustainable Volunteering Competition”, targeting institutions that work with children and schools throughout the UAE. The competition is open to government, private, and community-based organisations, allowing participants to present best practices, events, and projects aimed at fostering a culture of volunteerism among students. According to Emirates News Agency, the competition aims to highlight innovative and sustainable volunteering practices that emphasise the significance of voluntary work as an essential part of national and social identity. It aligns with the country’s sustainable development goals. Applications for the competition

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Romania’s Industrial Producer Prices Rise 2.7% Year-on-Year in July

Bucharest: Romania’s industrial producer prices on both domestic and foreign markets rose by 2.7% in July 2025 compared to July 2024, with a 5% increase from the previous month, as reported by data from the National Institute of Statistics on Tuesday. According to Emirates News Agency, the domestic market saw a significant rise in the industrial producer price index, which increased by 6.68% in July 2025 compared to June 2025, and a 2.51% rise compared to July 2024. On the foreign market, industrial producer prices experienced a 0.74% increase from the previous month and showed a 3.18% rise compared to

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Sudan Landslide Kills Over 1,000 People

Marra mountains: At least 1,000 were killed in a landslide that destroyed a village in the Marra Mountains area of Sudan’s Darfur region, according to local sources. According to Emirates News Agency, the landslide struck on Sunday after days of heavy rainfall, leaving only one survivor. Over a thousand people have lost their lives due to the landslide that wiped out the village of Tarasin in the Marra Mountains area.

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