Geneva: Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two years of decline, but the recovery remains narrow, fragile and uneven, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD).

Accordin…

Abu dhabi: Bitcoin Suisse Group, a crypto financial services provider, has continued to expand its international presence beyond Switzerland, with its subsidiary BTCS Middle East Ltd. receiving Financial Services Permission from the Financial Services…

Dubai: The General Civil Aviation Authority (GCAA) and Skyports Infrastructure (Skyports) have announced that VDX, the world’s first purpose-built commercial vertiport, has received regulatory certification for electric vertical take-off and landing (…

New york: Wall Street’s main indices closed higher on Monday, supported by gains in semiconductor and artificial intelligence stocks.

According to Emirates News Agency, the S and P 500 rose 0.74 percent to close at 7,538.34 points, while the Nasdaq …

Dubai: The Board of Directors of Etihad Credit Insurance (ECI) convened its first meeting under the new formation on Tuesday, chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade. The meeting outlined the company’s strategic roadmap fo…

Germany: Germany’s industrial production grew more than expected in May, according to data released by the statistics office Destatis on Tuesday. Industrial output rose 0.9 percent month on month, accelerating from a 0.2 percent increase in April. It …

Johannesburg: ADNOC Distribution announced that it has entered a definitive agreement to acquire 100 percent of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings. The acquisition, valued at approximately $1 bil…

Brussels: The European Parliament has overwhelmingly approved a comprehensive update to the air passenger rights rules in force since 2004, ending more than a decade of legislative deadlock and aiming to simplify compensation procedures while strength…