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UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000
Times of India

UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000

UAE residents can now invest in government-backed Islamic Treasury Sukuk with a minimum of Dh1,000, thanks to the launch of the Sovereign Retail T-Sukuk programme. This Shariah-compliant product, developed with the Central Bank, aims to boost savings and financial inclusion by offering individuals direct access to sovereign investment opportunities previously reserved for institutions.

'Last ride': Air Force One Boeing 747 retires after Trump’s France trip, ending 35-year presidential service era
Times of India

'Last ride': Air Force One Boeing 747 retires after Trump’s France trip, ending 35-year presidential service era

The iconic Boeing 747-200B, a 35-year veteran of presidential service, completed its final flight as Air Force One, carrying President Trump back from France. This long-serving aircraft, affectionately nicknamed 'SAM 2900', is being retired. A newly refitted Boeing 747, gifted by Qatar, is set to take over presidential duties, with a potential inaugural flight to Mount Rushmore next month.

Andy Burnham wins crucial Makerfield by-election, intensifying pressure on PM Keir Starmer

Andy Burnham wins crucial Makerfield by-election, intensifying pressure on PM Keir Starmer

Times of India

Andy Burnham's decisive Makerfield by-election victory has intensified pressure on Labour leader Sir Keir Starmer. Winning nearly 55% of the vote, Burnham's return to Westminster signals a potential challenge to Starmer's leadership and Labour's future direction. The result is seen as a significant moment, fueling debate about the party's strategy and its ability to reconnect with voters.

German proverb of the day: 'Crooked logs also make straight fires'

German proverb of the day: 'Crooked logs also make straight fires'

Times of India

Germany's adage 'crooked logs make straight fires' conveys a powerful message about human potential, reminding us that flaws do not detract from one's worth. It encourages us to utilize what we have rather than wait for perfect conditions, advocating against the tyranny of perfectionism.