CATEGORIES

Novartis gene therapy helps children with rare muscle disorder in study

Swiss drugmaker Novartis said on Monday its gene therapy helped improve motor function in children with a rare muscle disorder that leaves patients too weak to walk, talk and swallow.

South Korea court approves arrest of President Yoon in martial law probe

A South Korean court gave authorities approval on Tuesday to detain impeached President Yoon Suk Yeol in a criminal investigation into his martial law decree, marking the first time that a sitting president of the country has faced arrest.

Empty desks and tears mark five colleagues killed in the tragedy

Empty desks and a calendar marking days off after Christmas sit in a South Korean office where five co-workers once planned a holiday to Thailand which ended in tragedy on Sunday when their return Jeju Air flight crashed.

Swiss cabin crew member dies after flight with smoke problems

Swiss International Air Lines said on Monday a member of its cabin crew who ended up in intensive care last week when the flight he was on suffered engine problems and smoke inside the plane, has died in hospital.

Seoul starts releasing crash victims to families

South Korean authorities began releasing the bodies of plane crash victims to families on Tuesday.

S Korean airport embankment in focus after deadly air crash

Attention turns to bird strikes, control systems, pilot actions; experts criticise runway design

Palestinians released from Israeli jails bear mental, physical scars

Once muscular and strong, Palestinian bodybuilder Moazaz Obaiyat’s nine-month spell in Israeli custody left him unable to walk unaided upon his release in July.

Two killed in Gaza as aid convoy looted: WFP

Two people have been killed in northern Gaza as gunmen attacked an aid convoy, the World Food Programme said on Monday, prompting Hamas to accuse to UN agency of having failed to coordinate security.

More than half of Syrian children out of school: Save the Children

About half of school-age children in Syria are missing out on education after nearly 14 years of civil war, Save the Children told AFP on Monday, calling for \"immediate action\".

Gaza healthcare nearing 'total collapse' due to Israeli strikes: UN

A United Nations report published on Tuesday found that Israeli strikes on and near hospitals in the Gaza Strip had left healthcare in the Palestinian territory on the verge of collapse.

Cocoa tops global commodities rally for second year

Cocoa and coffee are poised to close 2024 as the biggest gainers among commodities for a second year on a global supply deficit, while steel-making coal will end as the worst performer, hit by slow growth in China.

AI boom, Fed rate cuts lift US stocks to new highs in '24

US stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than two years ago on signs of post-pandemic economic resilience, hopes of lower borrowing costs and AI boost.

China factory activity grows more slowly

China’s manufacturing activity barely grew in December though services and construction recovered, an official survey showed on Tuesday, suggesting policy stimulus is trickling into some sectors as the economy braces for new trade risks.

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

The dollar slipped on the last trading day of the year on Tuesday but was poised to clock strong gains in 2024 against almost all currencies as investors prepared for fewer US rate cuts and the incoming Trump administration.

Burjeel Holdings acquires 100% stake in Makkah's physiotherapy centre

Burjeel Holdings PLC, a leading super-specialty healthcare provider in the Mena region, listed on the Abu Dhabi Securities Exchange, on Thursday announced the acquisition of a 100 per cent stake in the Specialist Physiotherapy Centre, a premier healthcare facility in Makkah, through its subsidiary, Burjeel KSA.

Business travel surges in the Mena region

The business travel sector in the Mena region has grown since last year, surpassing $17 billion, data shows.

GFH acquires Dh500M logistics fund in Dubai

GFH Partners Ltd, the DIFCbased global asset management subsidiary of GFH Financial Group, on Tuesday announced a strategic investment in Manrre REIT, a premier Dubai-based fund specialising in institutionalgrade logistics and industrial assets across the UAE and the GCC region.

How to locate your mutual fund portfolio if you've lost track

Question: Before I came to the Gulf I had invested a part of my savings in units of mutual funds. Unfortunately I have not been able to trace the investments due to my relocation. Is there any possibility of retrieving my investments through any platform?

Gold marks best year since 2010

Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy easing fuelled the safe-haven metal’s strongest annual performance since 2010.

UAE to expand Cepas in 2025, says Thani AI Zeyoudi

The UAE will continue to increase its Comprehensive Economic Partnership Agreements (Cepas) in 2025, targeting additional countries to maximise benefits for the UAE and its global trade partners, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said.

Cryptocurrency bulls remain strongly optimistic for 2025

As cryptocurrency traders take a breather at the end of year, the overall outlook for the sector remains highly bullish, experts say.

UAE welcomes 2025 with spectacular fireworks

Ushering in the New Year in the calmness of the desert

People wait for over 15 hrs to see Burj Khalifa fireworks

Spanish tourists Yelko Rodriguez and Javier Nieto arrived at Dubai Mall at 9am on December 31, ready to wait over 15 hours to see the fireworks at Burj Khalifa.

Hour-long fireworks draw visitors to Sheikh Zayed Festival

The Sheikh Zayed Festival in Abu Dhabi drew large crowds with its spectacular hour-long fireworks display, captivating visitors from all corners of the UAE. Some came as early as 1pm to avoid traffic.

Two Dubai residents to run 7 marathons across 7 continents in 7 days

Duo hope to raise funds for underprivileged children in Asia, Africa and Europe

Love for pop culture brings residents together

Hobby Nation UAE, a network of more than 4,000 members, brings fans of anime, comics, video games, cosplay under one roof

Gyms gear up for surge in membership as residents set new year fitness goals

Gym chains in Dubai anticipating a 20-30 per cent increase in sign-ups in January

Experts recommend small steps while setting resolutions for 2025

As the New Year is here, many people are setting ambitious resolutions, such as quitting bad habits overnight, adopting perfect routines, or achieving major life goals in just a few months.

Expats from conflict zones wish for peaceful New Year

UAE residents who hail from war-torn countries hope for peace back home as they ring in the New Year with cautious optimism.

UAE RINGS IN 2025

Over 10,000 drones and fireworks in more than 60 locations across all seven emirates marked a colourful beginning to 2025 in UAE.