The Ras Al Khaimah Police in the UAE have announced a comprehensive emergency response drill scheduled for Thursday, October 23, 2025. The exercise, aimed at simulating disaster preparedness, will take place at Wadi Al Bih, starting at 8:30 AM. Authorities have emphasized the involvement of military vehicles and urged residents to facilitate unobstructed movement for participating personnel. In a public advisory, residents were instructed to avoid the drill area, refrain from photography or filming, and abstain from spreading unverified information. Official sources were highlighted as the sole reliable channels for updates. The drill underscores the UAE’s commitment to enhancing emergency response capabilities and ensuring public safety during potential crises.
作者: admin
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Gold extends fall as investors book profits ahead of US inflation data
Gold prices experienced a significant decline on Wednesday, reaching a near two-week low following their sharpest single-day drop in five years. Spot gold fell by 2% to $4,038.89 per ounce, while U.S. gold futures for December delivery dropped 1.3% to $4,055.40 per ounce. This downturn comes as investors take profits ahead of the highly anticipated U.S. Consumer Price Index (CPI) report, which is expected to reveal core inflation held at 3.1% in September. The CPI report, delayed due to the ongoing U.S. government shutdown, is a critical indicator for future Federal Reserve rate decisions. Despite the recent dip, gold prices have surged 54% this year, driven by geopolitical tensions, economic uncertainty, expectations of U.S. rate cuts, and strong inflows into ETFs. Analysts remain optimistic about gold’s long-term prospects, anticipating a rebound after the current correction. Meanwhile, other precious metals also saw mixed performance, with silver dropping 1.3% to $48.12 per ounce, platinum falling 0.3% to $1,547.09, and palladium rising 0.1% to $1,409.45.
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UAE announces extension of Advertiser Permit registration
The UAE Media Council has announced an extension to the registration deadline for the Advertiser Permit, a regulatory measure introduced in July 2025 to enhance transparency, professionalism, and consumer protection in digital advertising. Originally set to take effect later this month, the new deadline for registration is now January 31, 2026. This permit is mandatory for anyone sharing advertisements, whether paid or unpaid, on social media platforms, websites, or apps. The permit is valid for one year and must be renewed annually. Failure to renew within 30 days of expiration will result in cancellation. Applicants must be at least 18 years old, with exceptions for minors requiring a legal guardian to hold the activity licence. UAE citizens and residents must obtain a trade licence in electronic media, while visitors can secure the permit through a licensed agency within the country. This initiative underscores the UAE’s commitment to regulating the digital advertising landscape, ensuring ethical practices and safeguarding consumer interests.
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Youth who led Madagascar protests hope coup leader will continue to hear them as president
In the wake of Madagascar’s recent military coup, led by Colonel Michael Randrianirina, the young protesters who fueled the uprising are yet to see tangible improvements in their daily lives. Donah Falia, a 20-year-old accounting student, continues to endure long waits for water and faces a bleak job market, reflecting the persistent challenges in the capital, Antananarivo. Despite the overthrow of democratically elected President Andry Rajoelina, the youth remain skeptical about the new regime’s ability to address their grievances. Randrianirina’s rise to power follows a familiar pattern in Madagascar’s post-colonial history, echoing similar military takeovers across Africa in recent years. While many celebrated the end of Rajoelina’s rule, the protesters’ demands for better living conditions, employment, and utility access remain unmet. The coup, which began with mass protests in September, saw security forces crack down harshly, resulting in casualties. Randrianirina’s CAPSAT unit eventually sided with the demonstrators, forcing Rajoelina to flee. The youth, inspired by global Gen Z movements, rallied around symbols of change but now face uncertainty about the new government’s commitment to their cause. Experts warn that military regimes often fail to address systemic issues like corruption and poverty, raising doubts about Randrianirina’s long-term effectiveness. The youth, however, remain vigilant, vowing to hold the new government accountable if their demands are ignored.
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Israel’s genocide in Gaza impossible without global complicity, UN report says
A groundbreaking United Nations report has unveiled that over 60 nations are implicated in what it describes as a ‘collective crime’ enabling Israel’s genocide against Palestinians in Gaza. Authored by Francesca Albanese, the UN Special Rapporteur on the Occupied Palestinian Territories, the report was released on Monday and marks her second such analysis this year. Albanese asserts that the genocide is sustained by the complicity of influential third-party states, which have facilitated Israel’s systemic violations of international law through diplomatic, military, economic, and humanitarian support. The report highlights that without the backing of predominantly European countries, Israel would struggle to maintain its comprehensive assault on Gaza. Albanese categorizes the support into four main areas: diplomatic, military, economic, and humanitarian. She criticizes the diplomatic immunity granted to Israel and the failure to hold it accountable for international law violations, particularly in Western nations. The report also points out that Western media and political discourse have perpetuated Israeli narratives, failing to distinguish between Hamas and Palestinian civilians, and drawing on colonial tropes of Israel’s right to defend itself as a ‘civilized’ nation against ‘savages’. Albanese notes that the US has used its UN Security Council veto power seven times to control ceasefire negotiations and provide diplomatic cover for the genocide. She also highlights that the US was aided by abstentions and delays, as well as watered-down draft resolutions from countries like the UK, Australia, New Zealand, Canada, Germany, and the Netherlands. These actions have created an ‘illusion of progress’ while stymieing concrete measures. The report further criticizes Arab and Muslim states for their failure to take decisive action, with some regional players facilitating land routes to Israel, bypassing the Red Sea. Egypt, for instance, maintained relations with Israel, including energy cooperation and closing the Rafah crossing. Albanese also underscores the failures of international courts, noting that most Western countries did not support South Africa or Nicaragua before the International Court of Justice (ICJ) and continue to deny that Israel has committed genocide. Additionally, she points out that most Western countries have undermined the arrest warrants issued by the International Criminal Court (ICC) against Israeli Prime Minister Benjamin Netanyahu and other government members. The US has imposed sanctions on the ICC, and the UK has threatened to pull its funding. Despite UN resolutions calling for arms embargoes on Israel since 1976, the report notes that many countries have supplied it with military support and arms transfers throughout its genocide, with the US, Germany, and Italy being among the largest suppliers. The US currently guarantees $3.3 billion per year in Foreign Military Financing (FMF) and, until 2028, an additional $500 million per year for missile defense. Albanese also highlights the UK’s role in military cooperation with Israel, reporting on over 600 surveillance flights over Israel and intelligence-sharing with its government, suggesting ‘cooperation in the destruction of Gaza’. She notes that 26 states sent at least 10 consignments of ‘arms and ammunition’, with the most frequent being China (including Taiwan), India, Italy, Austria, Spain, Czechia, Romania, and France. Additionally, 19 countries, 17 of which have ratified the Arms Trade Treaty, were complicit in supplying components and parts for the ‘F-35 stealth strike fighter programme’ that was key to the military assault in Gaza. These include Australia, Belgium, Canada, the Czech Republic, Denmark, Finland, Germany, Greece, Italy, Japan, the Netherlands, Norway, Poland, South Korea, Romania, Singapore, Switzerland, the UK, and the US. Some of these countries continue to supply parts. While the Arms Trade Treaty does not recognize a distinction between ‘defensive’ or ‘non-lethal’ arms sales, some countries used these terms to justify arms trade to Israel. Some countries, such as Italy, the Netherlands, Ireland, France, and Morocco, permitted the transfer of weapons through their ports and airports. Albanese notes that Spain and Slovenia had canceled contracts and imposed embargoes. Other states continued to buy weapons and military technology produced by Israel, which the report says has been tested on Palestinians under occupation. Exports to the EU more than doubled during Israel’s war on Gaza and accounted for 54 percent of Israeli military exports in 2024. Under the Abraham Accords, exports to Asia and the Pacific, and Arab countries, made up 23 and 12 percent of exports, respectively. The report also states that thousands of US, Russian, French, Ukrainian, and British citizens who have served in the Israeli military have enjoyed immunity and have failed to be investigated or prosecuted for war crimes in Gaza. Albanese concludes that the maintenance of normal trade relations with Israel by various states ‘legitimizes and sustains the Israeli apartheid regime’. While Israel’s international trade in goods and services decreased from 61 percent of its GDP in 2022 to 54 percent in 2024, Albanese noted the European Union (Israel’s largest trading partner) continued to provide almost a third of total trade to Israel for the last two years. Some European countries increased their trade with Israel during the genocide against the Palestinians, such as Germany, Poland, Greece, Italy, Denmark, France, and Serbia. Arab countries, such as the UAE, Egypt, Jordan, and Morocco, also increased their trade. Only Turkey suspended trade with Israel in May 2024, although Albanese reported some trade continued indirectly. Albanese also pointed out that before the 7 October 2023 Hamas-led attacks on southern Israel, most Palestinians were dependent on aid, with the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) providing the bedrock of that aid. She highlighted that when Israel alleged UNRWA staff were involved in the Hamas-led attacks without citing evidence, 18 states immediately suspended funding without investigating Israel’s claims. Despite inconclusive investigations, most donors took months to resume contributions to UNRWA. The US, its largest donor, passed a law prohibiting US funding to UNRWA. When the Israeli Knesset outlawed UNRWA, only a few states took action by seeking an ICJ Advisory Opinion. The report accuses countries like Canada, the UK, Belgium, Denmark, and Jordan of being distracted from the key issue by parachuting aid in, a move she says was both dangerous and ineffective. Albanese, who has been one of the most vocal and forceful critics of Israel’s conduct in Gaza throughout its two-year genocide, said that complicit states perpetuate ‘colonial and racial-capitalist practices that should have long been consigned to history’. ‘Even as the genocidal violence became visible, States, mostly Western ones, have provided, and continue to provide, Israel with military, diplomatic, economic and ideological support, even as it weaponized famine and humanitarian aid,’ she said. ‘The horrors of the past two years are not an aberration, but the culmination of a long history of complicity.’
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Despite $2 trillion poured into green finance, vast potential in the sector remains untapped
The global green finance sector has seen significant investment, with nearly $2 trillion mobilized in 2024. However, experts at the 8th Sharjah Investment Forum 2025 highlighted that vast potential remains untapped. Creon Butler, Director of the Global Economy & Finance Programme at Chatham House, emphasized that a substantial portion of global finance is still not aligned with sustainability goals. He stressed the need for standardized taxonomies, pragmatic ESG (Environmental, Social, and Governance) practices, and catalytic public capital to unlock sustainable finance, particularly in emerging markets.
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UAE draws record FDI as global leaders gather in Sharjah
The United Arab Emirates (UAE) has solidified its position as a global hub for foreign direct investment (FDI), drawing a record $45.6 billion in 2024, which constituted 55.6% of total FDI inflows into the Middle East. This milestone was highlighted during the joint 8th Sharjah Investment Forum (SIF) and 29th World Investment Conference (WIC), held under the theme “Transforming Our World: Investing for a Resilient and Sustainable Future.” The event, inaugurated by Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah, and Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, brought together over 10,000 participants from 142 countries. The forum underscored the UAE’s leadership in shaping global investment trends, particularly in sustainability, digital transformation, and economic resilience. Sheikha Bodour emphasized Sharjah’s decade-long commitment to growth that empowers society and strengthens institutions, while Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, highlighted the UAE’s blueprint for attracting and deploying investment through collaborative thinking. The forum, organized by the Sharjah FDI Office in partnership with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of Investment, focused on key shifts in geopolitics, climate, and technology. Global leaders, including Wamkele Mene, Secretary General of the African Continental Free Trade Area (AfCFTA), and Dr. Mohamed El-Erian, Chief Economic Adviser at Allianz, praised the UAE’s strategic positioning and its ability to navigate global economic shifts. Sharjah’s economic performance was also spotlighted, with its non-oil economy contributing over 98% of its GDP and FDI inflows reaching $1.5 billion in the first half of 2025. As global investment priorities increasingly align with sustainability and resilience, the UAE’s proactive approach continues to position it as a key architect of the future investment landscape.
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Top US economist hails Sharjah as a ‘hidden gem’ in global investment
At the World Investment Conference–Sharjah Investment Forum (WIC–SIF 2025), renowned economist Mohamed El-Erian highlighted Sharjah as a strategic investment hub, urging global investors to capitalize on its unique advantages. El-Erian, Chief Economic Adviser at Allianz, emphasized Sharjah’s geopolitical stability, connectivity, and long-term vision as key factors that set it apart in a volatile global landscape. Speaking during a fireside chat, he suggested that sectors benefiting from logistics, innovation, and global trade flows should be prioritized. El-Erian described Sharjah as a ‘hidden gem,’ urging policymakers to enhance its global narrative and showcase its potential. He also addressed global financial risks, including the U.S.’s potential to disrupt the global system, the dual-edged nature of AI, and fiscal stability concerns in advanced economies. Additionally, he highlighted India’s economic rise as a significant opportunity for investors, citing its dynamic population and rapid growth. El-Erian concluded by stressing the importance of responsible financial governance and smarter risk frameworks in navigating the current economic transition.
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Why financial wellbeing depends on financial identity
In an era where financial literacy is increasingly emphasized globally, particularly in the UAE, the gap between understanding financial principles and applying them effectively remains significant. Despite extensive educational programs on budgeting, saving, and investing, many individuals still struggle with financial anxiety and inconsistency. The missing link, according to experts, lies in the concept of financial identity—the inner narrative that shapes how individuals perceive and interact with money. Financial identity is deeply influenced by family, culture, and personal experiences, and it determines whether financial knowledge translates into actionable behavior. For instance, someone who views themselves as financially careless is unlikely to change their habits simply by learning about compound interest. Conversely, those who see themselves as intentional decision-makers naturally align their financial actions with their values. Traditional financial education focuses on imparting knowledge, but the next evolution must address who individuals are in relation to money. When financial identity is strong, habits like budgeting, saving, and investing become expressions of self rather than acts of discipline. Financial wellbeing, therefore, is not merely about income or assets but about coherence between one’s financial actions and personal values. This alignment fosters stability and confidence, which raw knowledge alone cannot achieve. Money is inherently emotional, moral, and social, reflecting what individuals value and how they define security and freedom. A strong financial identity enables individuals to navigate these complexities with purpose, even under pressure. When identity is weak or conflicted, individuals experience internal friction, oscillating between saving and splurging. The key to transforming financial literacy into wellbeing lies in integrating knowledge with a robust sense of self. Financial literacy provides the tools, but financial identity provides the will to use them wisely. Together, they create a sense of financial wellbeing that goes beyond the absence of debt or the presence of savings—it is a quiet confidence that one’s financial life aligns with their values and purpose. As the global conversation on financial education evolves, the focus must shift from financial knowledge to financial self-knowledge. True wellbeing begins when individuals stop defining money by numbers and start defining it by identity.
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UAE furniture market embraces sustainability, smart design, and Italian craftsmanship
The UAE furniture market is experiencing a significant evolution in 2025, shaped by urbanization, shifting consumer tastes, and a growing demand for sustainable luxury. Valued at $3.7 billion in 2024, the market is expected to grow to $5.4 billion by 2033, with a compound annual growth rate (CAGR) of 4.18%. This expansion is driven by rising disposable incomes, a thriving real estate sector, and the UAE’s strategic role as a global design hub. Dubai is at the forefront of this transformation, embracing eco-friendly materials, modular furniture, and smart home technologies. Consumers are increasingly prioritizing pieces that merge aesthetics with environmental responsibility, such as reclaimed wood, organic textiles, and tech-integrated furniture. Amid this growth, Minotti Dubai has introduced its latest collection, strengthening the city’s ties with Italian design. The collection, showcased at Salone del Mobile Milano 2025, features works by renowned designers like Marcio Kogan, Giampiero Tagliaferri, and Nendo. Highlights include the Coupé and Libra seating families, the Riley sofa system, and the modular Bézier, all blending heritage craftsmanship with modern innovation. Renato Minotti, Co-CEO of the brand, noted that Dubai has become a global architecture laboratory, where design bridges tradition and innovation.
