News

Dubai Customs seizes 10.8 million counterfeit goods in 2024 crackdown

DUBAI: Dubai Customs has successfully seized 10.8 million counterfeit goods across 54 operations in 2024, reinforcing its commitment to intellectual property protection and economic growth. By cracking down on brand counterfeiting, the department is safeguarding businesses from financial losses and enhancing Dubai’s investment-friendly environment. To combat smuggling, Dubai Customs has intensified training for its staff […]

Kuwait oil price climbs to $74.20 per barrel

KUWAIT CITY: Kuwait’s oil price rose by $1.01 to reach $74.20 per barrel on Wednesday, up from $73.19 the previous day, according to the Kuwait Petroleum Corporation (KPC). Despite Kuwait’s price increase, international oil markets saw declines. Brent crude futures dropped by $1.74, settling at $69.30 per barrel, while West Texas Intermediate (WTI) crude fell […]

China boosts tech funding with relaxed M&A loan rules

BEIJING: China has eased restrictions on merger and acquisition (M&A) loans for tech firms in a major push to drive innovation and strengthen its technological edge. The country’s financial regulator announced the new measures on Wednesday, aiming to channel more capital into the sci-tech sector. Under the new pilot programme, banks can now lend up […]

Biotech firm creates ‘woolly mice’ in bid to revive mammoths

DALLAS: A U.S. biotech firm aiming to resurrect extinct animals has taken a significant step forward by unveiling genetically engineered woolly mice in an experiment—rodents with thick, shaggy coats reminiscent of the legendary woolly mammoth. Colossal Biosciences, the company behind this groundbreaking experiment, is working on editing the genes of Asian elephants—mammoths’ closest living relatives—to […]

Dubai RTA rolls out smart system to improve Metro, Tram passenger experience

DUBAI: The Roads and Transport Authority (RTA), in collaboration with Keolis MHI, has developed an integrated digital system to enhance and upgrade the passenger experience across Dubai Metro and Tram stations. This new platform streamlines inspection operations, improves monitoring, and ensures smoother journeys for commuters. The system automates fare inspections and tracks violations such as […]

Subscribe to The Brew Newsletter

Don’t miss new updates from us

SUBSCRIBE FOR BREAKING NEWS