Abu dhabi: The Global Halal Brazil Business Forum (GHB), the largest event on halal opportunities in the Americas, opened on Monday in So Paulo with a focus on expanding Brazil’s trade with Islamic countries and integrating environmental, social, and governance (ESG) principles into halal practices. According to Emirates News Agency, the biennial forum, now in its third edition, is jointly organised by the Arab-Brazilian Chamber of Commerce (ABCC) and FAMBRAS Halal Certifier. During the opening session, Mohamad Orra Mourad, ABCC’s Vice President for International Relations and Secretary-General, highlighted Brazil’s position as the world’s largest halal protein exporter. In 2024, sales

Kuwait city: The price of Kuwaiti crude oil fell by 83 cents, settling at US$68.80 per barrel on Monday, down from US$69.63 per barrel last Friday. This information was shared by the Kuwait Petroleum Corporation (KPC) on Tuesday. According to Emirates News Agency, the global oil market also witnessed a decrease in prices. Brent crude declined by 32 cents, reaching $65.62 per barrel. Meanwhile, West Texas Intermediate saw a reduction of 19 cents, bringing its price to $61.31 per barrel.

Beijing: In an advancement for genomic research, Chinese biotech firm BGI-Research and Zhejiang Lab specialising in AI technology have launched an AI model “Genos,” hailed as the world’s first deployable genomic foundation model with 10 billion parameters. The model is designed to analyse sequences of up to one million base pairs and achieves single-base resolution, promising to accelerate the functional understanding of the human genome. According to Emirates News Agency, although a total of 3 billion base pairs in the human genome have been sequenced, interpreting specific functions of those individual bases remains a monumental challenge. Most existing AI models

Glion: The United Arab Emirates co-hosted the 11th Glion Human Rights Dialogue (Glion XI) alongside China, Spain, Morocco, and the Universal Rights Group, which was held in 2025 in Glion, Switzerland. This year’s theme, ‘Beijing at 30: Mobilising the UN Human Rights System to Accelerate Progress Toward Gender Equality and the Full Enjoyment of Women’s and Girls’ Rights,’ marked the 30th anniversary of the Beijing Declaration and Platform for Action. According to Emirates News Agency, the event reaffirms the UAE’s active participation in the ongoing discussions within the framework of the Glion XI Dialogue, its commitment to engaging in multilateral

Abu dhabi: Tabreed, the leading district cooling company, today announced the successful raising of AED1.8 billion new bank debt to support its strategic growth initiatives and optimise its capital structure. The new loan is part of Tabreed’s plans to finance the company’s capital needs and diversify its funding sources, including funding investment and growth requirements. According to Emirates News Agency, the AED1.8 billion loan (the facility) has a tenor of six years and is financed by Emirates NBD and Mashreq. The facility is fully Shariah-compliant and is structured as a dual-tranche (AED/USD), reflecting Tabreed’s commitment to inclusive financing and alignment

Abu dhabi: Ghitha Holding PJSC has announced revenue of AED4.0 billion for the nine-month period ended 30th September 2025, marking a 9.2 percent year-on-year increase, alongside operating profit of AED267.7 million, up 41.1 percent. The performance was supported by recent acquisitions, consistent performance across core segments, and ongoing margin-focused initiatives. According to Emirates News Agency, gross profit rose 23.2 percent YoY to AED880.1 million, reflecting Ghitha’s margin-led strategy through pricing discipline, cost efficiency, and product mix enhancement. The Group also continues the implementation of SAP S/4HANA, a strategic move that will enhance agility and integration. In Q3, Ghitha strengthened its

Abu dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the passing of Princess Haifa bint Turki bin Mohammed bin Saud Al Kabir. According to Emirates News Agency, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, dispatched similar messages to the

Abu dhabi: NMDC Energy PJSC on Tuesday announced solid financial results for the first nine months of 2025, with revenue surging 33 percent YoY to AED13.0 billion and net profit gaining 5 percent YoY to AED951 million, on the back of solid backlog execution across multiple markets. According to Emirates News Agency, the strong financial performance reflects the company’s continued operational strength, with a backlog of AED45.6 billion as of the end of September 2025. NMDC Energy also continued to ramp up its domestic and international project pipeline, which reached AED61.4 billion by the end of September 2025. ‘NMDC Energy