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Tuesday, July 8, 2025

Dubai’s largest bank makes a comeback as profits increase to $2.5B

Emirates NBD the second-largest lender in the United Arab Emirates said its net profits rose 34 percent to $2.5 billion, from $1.9 billion in 2020. The bank said total income increased three percent to $6.5 billion, from $6.3 billion a year earlier.

US approves $2.56 billion in military sales to Egypt

Despite continued worries in Washington over Cairo's human rights record, the US State Department approved two large military equipment sales to Egypt on Tuesday, including transport planes and radar systems.

Israeli president accepts Abu Dhabi crown prince invitation to visit UAE

Israel’s figurehead president will make the first visit to the United Arab Emirates by the country’s head of state next week, his office said Tuesday. Herzog will fly to Abu Dhabi on Sunday and will meet with Sheikh Mohammed bin Zayed Al Nahyan.

Biden and Qatar Emir to meet at White House on 31st Jan

Qatar's ruling emir will hold talks with U.S. President Joe Biden at the White House on Jan. 31 on a range of issues that will include global energy security, the White House said on Tuesday, amid concerns about gas supplies to Europe.

Used cars turn to gold as Sri Lanka economy skids on the edge

Grocery store cabinets are naked and eating places cannot serve meals, however, Sri Lanka’s financial disaster is a bonanza for used automotive sellers, with automobile shortages pushing costs larger than a home in a pleasant space.

PM Khan to launch Naya Pakistan Health Card in Islamabad

Prime Minister Imran Khan will launch Naya Pakistan Qaumi Sehat Card for the citizens of Islamabad and Rawalpindi today under #SehatSabKLiye mission

PTI govt to dualize Karachi to Chaman road

The Pakistan Tehreek-e-Insaf (PTI) government has completed work on 2,032 kilometers of road projects and also started work on an additional 7879 km of roads network.

Shehbaz Sharif’s trial should be live telecasted: Fawad Ch

Fawad said the cases against Zardari and Sharif families should be expedited as it would be mockery of state if the looted money was not recovered from them.

Italy, US warn of serious consequences over escalation of Russia-Ukraine crisis

Italian PM Mario Draghi said he spoke via videoconference with his US, French, German, British and Polish counterparts and European Union and NATO leaders, and all of them agreed on the need to keep open “a channel of dialogue with Russia to ease tensions.”

Istanbul airport delays reopening after snowstorm

Istanbul airport, Europe's busiest airport, postponed its reopening on Tuesday as Turkey's largest city worked to recover from a massive snowstorm that halted traffic and hampered services.

Stadium crush leaves eight dead, 50 injured

Crowds attempted to enter through a southern entrance at Olembe stadium in the capital Yaounde to watch the host nation play Comoros.

Boeing invests $450m to introduce flying cars

Boeing declined to give a date for what it terms the sixth-generation Wisk passenger vehicle, but industry sources said the idea was to present it for certification in around 2028.