The central bank of the United Arab Emirates cut its base rate applied to the overnight deposit facility by 25 basis points on Wednesday, from 4.65% to 4.40%, effective Dec. 19.
UAE Central Bank lowers interest rates following US Federal Reserve move
The UAE Central Bank reduced its benchmark interest rate by 25 basis points, after the US Federal Reserve’s move on Wednesday to cut rates to stimulate economic activity as inflationary pressures …
Felix Capital’s Julien Codorniou to join 20VC as general partner
Just a few weeks after 20VC announced its third investment vehicle, TechCrunch has learned from multiple sources that the relatively new VC firm based in …
ORO Launches as First App Built on Fasset’s L2 Network, Unlocking $1B of Tokenized Gold On-Chain
DUBAI, United Arab Emirates, Dec. 18, 2024 (GLOBE NEWSWIRE) — $1 billion of yield-bearing gold to be tokenized within the first yearORO is the …
How to buy a car with Bitcoin (BTC) in 2025
Discover how to buy a car with Bitcoin in 2025. Explore crypto-friendly dealerships, the benefits and risks, and top tips for purchasing a car with Bitcoin.
Bitpanda Receives VARA Approval for UAE Launch
Bitpanda receives VARA approval to expand into the UAE, setting the stage for full operations with local partnerships and compliance.
The Ultimate Escape: Inside Dubai’s Jumeirah Burj Al Arab
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and …
Sharjah Ruler inspects agricultural work at wheat farm in Mleiha
H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inspected, on Wednesday, the progress of agricultural work at the wheat farm in the Mle …
Flying to Dubai cheaper than flying to Kannaur? This is what the viral post says
Dr Mohammed slammed the airlines by tagging them and saying that it would be cheaper for Indians to fly to Dubai than to take domestic flights. The post has opened floodgates of reactions and has …
Lindt’s New Limited-Edition Dubai Chocolate Bar Tastes Impressively Similar to the Famous One — And Is Way Cheaper
The bars are limited-edition, and debuted last week in the store’s New York Empire State Shop. The initial launch included just 300 bars. The 5.3-ounce bars retail for $14.99 each. I was one of the …
Luxury beachfront living expands in Abu Dhabi
Ohana Development, a leading real estate developer renowned for its attainable luxury properties, has announced its partnership with Jacob & Co., the global luxury timepiece and jewellery brand, to …
DEWA’s Green Hydrogen project reduces over 40 tonnes of CO2 emissions in transport sector
The Green Hydrogen project implemented by Dubai Electricity and Water Authority (DEWA) at its Research and Development (R&D) Centre at the Mohammed bin Rashid Al Maktoum Solar Par …
Mixed fortunes in a challenging 2024 for the telecoms sector
As had been anticipated, 2024 proved to be another challenging year for the communications industry. Declining growth in fixed and mobile broadband network investments coupled with the ongoing …
UAE and US to foster trade, economic collaboration
Abu Dhabi Investment Office (ADIO) has signed a Memorandum of Understanding with the Export-Import Bank of the United States (EXIM), focused on …
Nasdaq Dubai lists ENBD’s $500m sustainability bond
Nasdaq Dubai welcomed the listing of Emirates NBD Bank’s, $500 million Sustainability-Linked Loan Financing Bond (SLLB), the world’s first SLLB issued …
Sharjah Ruler signs agreement between University of Al Dhaid, University of Liverpool
H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member, Ruler of Sharjah, and President of University of Al Dhaid (UODH), signed, on Wednesday, at the university’ …
Sharjah, India to foster economic ties
The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to expand collaboration in the industrial sector with the Federation of Indian Chambers of Commerce and Industry (FICCI), as part …