Ajman Bank Achieves Record-Breaking Profits in 2024, Marking a Historic Turnaround In a landmark achievement, Ajman Bank has announced its highest annual profits in history, recording a staggering AED 440 million in profit before tax for the year 2024.This represents a remarkable 213% growth compared to the net loss of AED 390 million in 2023, … Read more
Asian stock markets showed a mixed response on Tuesday following the inauguration of U.S. President Donald Trump, with investors cautiously navigating the implications of his policies. While U.S. markets remained closed on Monday for the Martin Luther King Jr. Day holiday, futures indicated a positive trend, contrasting with a decline in oil prices. Stephen Innes,Managing … Read more
Japan’s Industrial Output Declines in November Amid Mixed Economic Signals Tokyo, Japan – Teh Japanese Ministry of Economy, Trade and Industry (METI) revealed on Monday that the nation’s industrial output experienced a notable decline in November, marking a setback for the world’s third-largest economy. According to the ministry, industrial production fell by 2.2% month-on-month … Read more
Bitcoin Soars to Record Highs as Trump’s Crypto Policies Take Center Stage The digital currency Bitcoin reached an unprecedented milestone on Monday, surging to a record-breaking $109,241 just hours before the inauguration ceremony of U.S. President-elect Donald Trump. This historic peak came as Trump announced plans to abolish regulatory controls on the cryptocurrency sector, signaling … Read more
The financial sector in the UAE is undergoing a seismic transformation, driven by technological advancements, sustainability goals, and evolving consumer demands. A recent report by Heriot-Watt Dubai University has identified six key trends shaping the future of the industry in 2025, offering a roadmap for financial institutions to navigate this dynamic landscape. 1.Artificial Intelligence: … Read more
gael Monfils Turns back the Clock with Stunning Victory at Australian Open In a match that showcased the enduring brilliance of French tennis, Gael Monfils, at 38, delivered a masterclass to defeat fourth seed Taylor Fritz in a thrilling encounter at the Australian Open. The Frenchman’s 3-6,7-5,7-6,6-4 victory under the afternoon sun at the Margaret … Read more
the UAE has solidified its position as a global maritime powerhouse, ranking among the top 35 countries with the largest maritime fleets by weight and tonnage, according to the 2024 UNCTAD report. This achievement places the UAE alongside other Arab nations like Saudi Arabia, Oman, and Qatar, highlighting the region’s growing influence in the maritime … Read more
Coco Gauff’s Marvel-Inspired Outfit Steals the Show at Australian Open, But Comes with a Catch Melbourne, Australia — American tennis sensation Coco Gauff has been turning heads at the 2025 Australian Open, not just for her stellar performance on the court but also for her striking yellow outfit inspired by the Marvel universe. The … Read more
Lebanon’s New Government Formation Begins Under President Joseph aoun’s Leadership Beirut, Lebanon – In a pivotal moment for the nation, Lebanese Prime Minister-designate Nawaf salam has initiated non-binding parliamentary consultations to form a new government.This critical step marks the beginning of a new political era under President Joseph Aoun, who was elected last Thursday after … Read more
Abu Dhabi Accelerates Electric Vehicle Infrastructure and Green Energy Initiatives Abu Dhabi is making notable strides in its commitment to sustainability and renewable energy, with the Ministry of Energy and Infrastructure leading the charge. Engineer Sherif Al Olama, Undersecretary of the Ministry for Energy and Petroleum Affairs and Chairman of the Board of Directors … Read more