GULF UPDATES

Thumbay Group launches psychiatric and rehabilitation hospital in Sharjah

SHARJAH, United Arab Emirates — Thumbay Group on Wednesday laid the foundation stone for the Thumbay Psychiatric and Rehabilitation Hospital at Sharjah Healthcare City, a 120-bed facility dedicated to psychiatric care, neuro-rehabilitation and addiction recovery. The 110,000-square-foot hospital is expected...

UAE, South Korea deepen AI and chip cooperation

SEOUL —The Ministry of Investment has led a high-level delegation to the Republic of Korea to advance cooperation and explore new partnership opportunities across the artificial intelligence (AI) and semiconductor value chain, as the UAE continues to pursue economic...

 Dubai Taxi buys National Taxi in $395m UAE deal

DUBAI - Dubai Taxi Company has agreed to fully acquire National Taxi in a deal worth 1.45 billion dirhams ($395 million), the largest consolidation move in the UAE's taxi sector that will extend the listed operator's reach into Abu...

UAE, Egypt Condemn Attacks on Vessels and Regional Targets

ABU DHABI— The United Arab Emirates and Egypt have condemned a series of attacks targeting commercial vessels and regional territories over recent days, warning of escalating threats to maritime security, regional stability and global trade routes. The UAE condemned the...

DFSA Fines Former Ed Broking Executive for Misleading Conduct

DUBAI — The Dubai Financial Services Authority, the independent regulator of banking, financial services and markets in the Dubai International Financial Centre, has imposed a fine of US$139,722 (AED513,129) on Wael Abdelmohsen Abdellatif Mohamed Emara, also known as Mr....

World Unites in Condemnation as Iran Renews Missile and Drone Strikes on UAE

Leaders from across the Gulf, Europe and Asia denounce Tehran's attacks as a flagrant violation of sovereignty and international law, as the fragile ceasefire of April collapses.ABU DHABI -A global chorus of condemnation erupted on Tuesday after Iran launched...

UAE Air Defenses Neutralize Iranian Aerial Threats; Schools Shift Online as Precaution

DUBAI — UAE air defense systems successfully intercepted multiple Iranian missiles and drones launched toward the country Monday, with authorities swiftly containing a minor debris-related fire in Fujairah while transitioning schools to distance learning as a precautionary measure.The aerial...

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