Month : December 2025

Business

UAE and Korea strengthen cooperation in energy and advanced industry

omandailynews.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO. The visit included......
Business

Gold prices rise as risk sentiment weakens globally

omandailynews.com
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm signals from the Federal Reserve that interest rates will remain restrictive until inflation is fully contained. Spot gold was last up 0.3 percent at $2,378.40 per ounce, while U.S.......
Business

UAE strengthens position among fastest-growing economies

omandailynews.com
ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official data and global economic assessments indicated continued growth momentum supported by sound fiscal management and......
Sports

Dembele named world’s best footballer at FIFA awards 2025

omandailynews.com
DOHA, Qatar, December 18, 2025: French forward Ousmane Dembélé was named The Best FIFA Men’s Player 2025 at the annual awards ceremony in Doha on Monday, marking the Paris Saint-Germain winger’s first win at the prestigious global football event. Dembélé secured the honor following a season of consistent excellence for club and country, capping a year that also......
Automotive

EU softens 2035 ban on combustion engine vehicles

omandailynews.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda. The European Commission is preparing to revise the existing regulation that requires......
Health

Breakthrough offers hope in early type 1 diabetes detection

omandailynews.com
FLORIDA, December 16, 2025: Researchers at the University of Florida’s Diabetes Institute have identified a crucial biological marker that may signal the onset of Type 1 diabetes well before symptoms appear, according to findings published in the journal Diabetes. The discovery offers new insight into how the autoimmune disease progresses and could pave the......
News

Flash floods kill 21 in Morocco’s Safi province

omandailynews.com
SAFI, Morocco, December 16, 2025: Flash floods triggered by intense rainfall have killed at least 21 people in Morocco’s coastal province of Safi, authorities said on Monday, as emergency crews continued operations to locate survivors and assess the scale of destruction across the region. Officials confirmed that heavy rains over the weekend caused sudden flooding......
News

Over one thousand dead in Indonesia after massive floods

omandailynews.com
JAKARTA, December 14, 2025: Indonesia’s devastating floods and landslides have claimed more than 1,000 lives across Sumatra, marking one of the deadliest natural disasters to hit the country in recent years. The National Disaster Management Agency (BNPB) confirmed that at least 1,003 people have died, with hundreds more still missing as search......
Business

Gold rises after Fed rate cut lifts global investor demand

omandailynews.com
WASHINGTON, December 13, 2025: Gold prices climbed globally on Friday after the United States Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75%, marking the central bank’s third rate reduction this year. The decision strengthened gold’s position as a preferred safe-haven asset amid easing monetary conditions......