The UAE Central Bank on Wednesday decided to maintain the base rate applicable to the overnight deposit facility at 5.40 per cent.The UAE’s decision follows that of the US Federal Reserve, which on …
UAE Central Bank Holds Rates Following Fed Decision
The UAE’s decision follows that of the US federal Reserve, which on Wednesday decided to leave interest rates unchanged. The UAE follows US monetary policy as the dirham is pegged to the dollar.
Xpence and Neoleap celebrate launch of Xpence corporate Visa cards to empower Saudi SMEs and corporates
This launch marks a significant milestone in supporting the SMEs and corporate landscape in the region, making Saudi Arabia the third market for Xpence …
53 of Dubai’s coolest cafés and coffee shops
A caffeine fix isn’t hard to find in Dubai, in fact you’re actually spoilt for choice. The city is showing no sign of slowing down either, as more and more coffee shops keep popping up on the regular.
Real Housewives of Dubai’s Lesa Milan Slams ‘Gold-Plated and Rusting’ Caroline Stanbury
Lesa is keeping Caroline at a distance. The post Real Housewives of Dubai’s Lesa Milan Slams ‘Gold-Plated and Rusting’ Caroline Stanbury appeared first on Reality Tea.
Eid Al Adha: Top places to visit in Dubai for entertainment and sumptuous food
The Museum of the Moon features a breathtaking 5-meter replica of the moon, created with highly detailed NASA imagery of the lunar surface … offering of Arabic delicacies with a stunning view of …
Eid Al Adha: Top places to visit in Dubai for entertainment and sumptuous food
The Museum of the Moon features a breathtaking 5-meter replica of the moon, created with highly detailed NASA imagery of the lunar surface … offering of Arabic delicacies with a stunning view of …
Top 10: Largest Construction Projects
Major construction companies including China Railway Construction Corporation and NASA, are investing in the largest construction projects in the world.
MoIAT delivers Industrial Technology Transformation Index training to take UAE I4.0 adoption tool global
The UAE Ministry of Industry and Advanced Technology (MoIAT) concluded the first session of the Industrial Technology Transformation Index (ITTI) Global Assessor Training Program, hosting 22 …
Dip in Alef blamed on retail after rare UAE tech IPO shines
Shares in Alef Education, the Abu Dhabi educational technology company, fell by as much as 17% in trading on Wednesday after the company priced its Dh1.9bn ($515m) IPO following staggering demand from …
UAE’s NMC Health appoints Rothschild for strategic options, including IPO
United Arab Emirates hospital group NMC Healthcare (NMCH) has appointed Rothschild as a financial adviser to help it consider strategic options including an initial public offering (IPO), it said on …
US imposes sanctions on several Hong Kong, UAE firms for dealing with Russian-origin gold
The United States imposed sanctions on Wednesday on several Hong Kong firms, including VPower Finance Security, for involvement in transportation of gold produced by already sanctioned Russian miner, …
UAE’s NMC Healthcare to explore IPO, sale of business as part of strategic review
The UAE-based hospital operator NMC Healthcare group (NMC) has appointed Rothschild & Co. to advise on its strategic restructuring initiatives, including a potential initial public offering (IPO) and …
CBUAE issues March 2024 monetary and banking summary report
The Central Bank of the UAE announced that the money supply aggregate M1 increased by 3.7%, from AED847.0 billion at the end of February 2024 to AED878.1 billion at the end of March 2024. This was due …
Dubai Duty Free names South Korean and Indian as latest $1m prize draw winners, reveals ticket buyer wins luxury car prize for second time
Dubai Duty Free names prize winners, including millionaires and a lucky ticket-buyer winning a car for a second time …
Abou Eid delivers Dhs70 million project in Dubai ahead of schedule
The company has also announced the sale of all units at Celia Heights, its second residential property project located in Dubai’s Majan area next to Al-Barari and consisting of 188 units.
63 rehabilitated turtles released back into wild in Dubai as part of Dubai Turtle Rehabilitation Project 20th anniversary
DUBAI, 12th June, 2024 (WAM) — Jumeirah today celebrated the 20th anniversary of its Dubai Turtle Rehabilitation Project (DTRP), by hosting a vital panel discussion on the collective efforts needed …