Three large beachfront plots on an exclusive Dubai island have been sold for a collective Dh1 billion ($272 million) in the past two months, in a sign that ultra-wealthy investor interest remains resilient despite the Iran war. A third coastal plot on Naia Island was sold to a Middle Eastern buyer this week for Dh167 million, real estate broker Dubai Sotheby’s International Realty confirmed to The National. That follows the sale for Dh560 million last week of a plot measuring 80,000 square feet (7,400 square metres) to a European buyer, and another on the island in late April for Dh377…
Author: Isla
06/12/2026June 12, 2026Jaishankar rejects Europe’s criticism of India’s Russian oil importsExternal Affairs Minister S Jaishankar on Thursday said India’s policy on Russian oil is based on “cost and availability” while also calling out the US’ shifting stance on buying Russian hydrocarbons. Speaking at the Kultaranta Talks hosted in Helsinki by Finland President Alexander Stubb, Jaishankar was asked whether India was “too willing to buy oil from Russia” amid the Ukraine conflict. He said India was pushed toward Russian oil because Europe was buying oil from the Middle East, traditionally one of India’s key supply routes. “So, circumstances pushed us in a certain direction,”…
Blockstream CEO Adam Back has rejected viral claims that the Bitcoin (BTC) network will “fire the miners” in August 2026. He says developer Luke Dashjr is simply preparing a new coin that would run on different mining rules.The claim spread across X this week. Back made clear that Bitcoin itself stays untouched, and that the project amounts to a spin-off coin rather than a shutdown of Bitcoin mining.Why ‘Fire the Miners’ Talk SpreadPosts circulating on social media claimed Dashjr was “getting ready to fire the miners.” However, Back pushed back in a post on X and called that framing misleading.The…
‘As if we haven’t had enough kicks with M&S going and now the last bank, it’s unbelievable’It comes as part of a second wave of Halifax closures announced, with Cleveleys on the list to close its doors on October 1.Halifax bank in Cleveleys | National WorldRead MoreIt is the last remaining banking facility on the town’s high street and MP Lorraine Beavers has vowed to fight for a banking hub.They blamed the decision to shut the branches on customers shifting away from banking in person to using mobile services.Blackpool North and Fleetwood MP Lorraine Beavers said: “I’ve just been told…
Cizzle Biotechnology rises as US patent granted for lung cancer test Proactive Investors Source link
Anadolu staff12 June 2026•Update: 12 June 2026Nearly 40% of older adults in Japan want to remain in paid employment after the age of 65, with financial necessity emerging as the leading motivation, according to a government white paper on the country’s aging society released on Friday.The survey found that 39.7% of Japanese respondents aged 65 and above wished to continue working for pay. The figure was considerably higher than results recorded in comparable surveys conducted last year in the US, Germany and Sweden, according to the paper uploaded on a government website.In the US, around 24% of respondents in the…
Etihad Airways and German leisure carrier Condor have expanded their strategic partnership with a new frequent flyer agreement, as well as the announcement of a Condor service between Bangkok and Abu Dhabi. The developments, signed on June 11, 2026 at the IATA Annual General Meeting in Rio de Janeiro, build on a partnership first announced in December 2025. Bangkok becomes the third route in Condor’s planned Abu Dhabi operation, joining upcoming daily services from Frankfurt Airport (FRA) and Berlin Brandenburg Airport (BER) to Zayed International Airport (AUH). The Berlin service will be the only direct connection between the UAE and…
Nvidia’s decision to begin selling its Vera processors in China could prove to be one of the most important developments for investors following the AI sector in 2026. At first glance, this may appear to be little more than the launch of a new server processor. In reality, however, much more is at stake. For the first time since the tightening of U.S. export restrictions, Nvidia is attempting to regain its footing in China not by introducing another downgraded version of its AI accelerators, but by entering an entirely new market segment. Over the past several quarters, China has become…
China said Friday it was holding an American citizen accused of espionage, identifying the man as a political analyst at a policy think tank focusing on neighbouring Myanmar. Min Zin — a founder of the Institute for Strategy and Policy Myanmar (ISP-M) — “has been subjected to criminal compulsory measures”, Chinese foreign ministry spokesman Lin Jian told a news briefing. Min Zin, founder of the Institute for Strategy and Policy Myanmar (ISP-M). File photo: Min Zin, via Facebook. Authorities are holding him “on suspicion of engaging in espionage activities that endanger China’s national security”, he said, without providing further details.…
Daribatech joins a select group of Ministry of Finance pre-approved Accredited Service Providers, enabling UAE businesses to achieve full compliance ahead of the January 2027 deadline DUBAI, UAE, Daribatech, a UAE-based tax technology company, today announced that it is now a pre-approved Accredited Service Provider (ASP) by the UAE Ministry of Finance (MoF) under the national Electronic Invoicing System (EIS). This positions Daribatech as a fully authorised intermediary through which UAE businesses can issue, validate, and exchange structured e-invoices in compliance with the country’s Peppol-based Continuous Transaction Control (CTC) framework. The UAE’s e-invoicing mandate requires all businesses engaged in B2B…