Ting Ling
Madhubanti Bagchi & Sumonto Mukherjee
Business News from Thursday, July 24th, 2025
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UAE regulator fines firm AED 5 million for misleading investors
In a major enforcement action, the UAE's Securities and Commodities Authority (SCA) has fined a licensed company AED 5 million and referred it to the Public Prosecution for misleading investors.
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UAE imposes AED 42 million in fines over money laundering in H1
The UAE has imposed more than AED 42 million in fines on private sector firms across 1,063 cases of money laundering in the first half of 2025, the Ministry of Economy and Tourism said on Thursday.
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Sharjah real estate transactions increase by 48.1% in H1
Sharjah’s real estate sector recorded AED 27 billion in transactions during the first half of 2025, a 48.1 per cent increase from the same period last year.
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Microsoft says some SharePoint server hackers now using ransomware
A cyber-espionage campaign centered on vulnerable versions of Microsoft's MSFT.O server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post.
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Britain, India sign landmark free trade pact during Modi visit
Britain and India signed a free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses.
News
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UAE conducts 54th Gaza airdrop in joint mission with JordanThe UAE has delivered its 54th humanitarian airdrop over the Gaza Strip, this time in coordination with Jordan, as part of the ongoing Operation Chivalrous Knight 3.
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UAE to 'immediately' resume Gaza aid airdrops as crisis deepensSheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has confirmed that the UAE will "immediately" resume delivery of aid airdrops into Gaza.
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Over 395 million rides taken on Dubai public transport in first half of 2025Dubai’s Roads and Transport Authority (RTA) has revealed that public transport ridership in the city touched 395.3 million during the first half of 2025, marking a 9 per cent increase compared to the previous year.
