The UAE has successfully launched its first seven-year Islamic Treasury Sukuk. This new offering, valued at AED550 million, attracted nearly six times its value in bids. The issuance marks the longest maturity under the program. This move strengthens the UAE’s Islamic finance framework and the dirham yield curve. Investor confidence in the national economy remains […]
The UAE thwarted a major cyberattack this past weekend. Sophisticated AI-powered assaults targeted national digital platforms and vital infrastructure. The UAE Cybersecurity Council confirmed the attacks were organized and aimed at destabilizing the nation. Advanced monitoring and rapid response systems prevented widespread disruption. Essential services remained operational. This incident highlights the growing threat of cyber […]
A late-night tremor shook Southern California on Sunday. A 3.5-magnitude earthquake occurred offshore near Rancho Palos Verdes. The quake was felt widely across Los Angeles and Orange Counties. Authorities reported no injuries or damage from the seismic activity. This is the third offshore earthquake in the region this week.
A major fire erupted at an Abu Dhabi warehouse on February 23, 2026, triggering a swift emergency response. Civil defence and police teams are actively battling the blaze, with no casualties reported so far. Investigations into the cause will commence once the site is secured, highlighting the UAE’s focus on fire preparedness.
UAE has announced the Eid Al Fitr holiday schedule, offering early clarity for all. Federal government employees get a break from March 19-22, 2026. Private sector workers will enjoy a holiday from March 19-21, with a potential extension to March 22 depending on Ramadan’s duration. This allows ample time for planning.