Business from Friday, August 1st, 2025
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TECOM Group delivers strong H1 results with AED 737 million profit
TECOM Group has posted strong financial results for the first half of 2025, reporting a 22 per cent jump in net profit year-on-year to AED 737 million.
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UAE Central Bank set to launch Digital Dirham in phases
The UAE is set to launch Digital Dirham through phases, according to a new report from the Central Bank of UAE (CBUAE).
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Trump hits dozens of countries' goods with steep tariffs
US President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of a Friday trade deal deadline.
News
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UAE delivers 65 tonnes of critical medical supplies for GazaThe UAE has delivered 65 tonnes of essential medicines and aid supplies to WHO warehouses, in preparation for distribution to hospitals across the Gaza Strip.
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New 4-lane underpass to cut travel time between Dubai's key roads by 61%Dubai’s Roads and Transport Authority (RTA) has opened an 800-metre four-lane underpass that will cut travel time between Sheikh Mohammed bin Zayed and Al Khail roads by 61 per cent, dropping from 9.7 minutes to 3.8 minutes.
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Sheikh Zayed bin Hamad named chairman of new National Anti-Narcotics AuthorityPresident His Highness Sheikh Mohamed bin Zayed Al Nahyan has announced the establishment of the National Anti-Narcotics Authority and named Sheikh Zayed bin Hamad bin Hamdan Al Nahyan as its Chairman.
