(MENAFN- Khaleej Times) The Central Bank of the UAE announced on Wednesday that it has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per …
UAE Central Bank follows Fed in keeping interest rates steady
The UAE Central Bank kept its benchmark interest rate steady, mimicking the US Federal Reserve’s move to maintain its policy rate for the third time this year amid a gradual drop in core inflation.
US Federal Reserve, UAE central bank keeps key interest rate unchanged
Shortly after the Fed’s announcement, the UAE Central Bank said it’s keeping its interest rate unchanged. “The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the …
COP28 In UAE: Biden Unlikely To Attend Dubai Climate Meeting, Sources Say
US President Joe Biden is unlikely to attend a gathering of world leaders in November focused on climate change, according to two US officials and another person briefed on the event’s planning. The …
Martian Moon Deimos In High-Res For 1st Time – UAE Hope Probe Observations
UAE Space Agency Emirates Mars Mission (EMM) Hope probe captured high-resolution image of Mars’ moon Deimos. The spacecraft flew “as close as 100km (62 miles)” from the Martian moon. Credit: UAE Space …
EU, US, UAE Pressure Other Govts To Join Deal To Triple Renewable Energy
The letter was signed by the United States, the International Energy Agency, the European Commission, the UAE Presidency of the COP28 summit, and the International Renewable Energy Agency, as well as …
98% of UAE companies are exploring hybrid working methods
Dubai: 98% of UAE companies are exploring hybrid work methods based on information and communications technology, to keep pace with digital transformation, while 70% of the future workforce in the …
Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10
The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion.
Dubai: New AI-powered laboratory can now detect diseases early
Awadh Seghayer Al Ketbi, director general of Dubai Health Authority (DHA), inaugurated Premier Diagnostic Centre located inside Reef Mall in Deira. He noted advancement in medical technologies boosts …
DIEZ Launches AED500 Million Venture Capital Fund To Finance Technology Startups
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said the launch of Oraseya Capital and the creation of a AED500 million VC fund for technology startups represents a strategic move that aligns …
UAE largest investor in Jordan with $4b portfolio, says Zeyoudi
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has emphasised the robust trade and investment partnership between the UAE and Jordan, fostered by the mutual interest of both …
Everything you need to know about Abu Dhabi airport’s newly opened Terminal A
After a Hollywood beginning, Abu Dhabi Airport’s Terminal A has opened to the flying masses. Improbably, it has already featured in a film – Mission: Impossible – Dead Reckoning Part One – and for …
Sharjah Ruler Inaugurates SIBF 2023
SHARJAH, 1st November, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated today the 42nd edition of the Sharjah International Book …
Al Ain bid to tighten grip on top, Sharjah wary of Al Jazira challenge
Sharjah have a chance to climb up to the second position in the rankings with a victory over Al Jazira in a match, which will kick-start the round at the Mohammad bin Zayed Stadium at 16:45 pm. Al Ain …
Gulfstream’s Two Newest Business Jets Will Headline the Upcoming Dubai Air Show
The G700 and G500 will be showcased alongside more than 180 commercial, military, and private aircraft at the Al Maktoum International Airport (DWC) from November 13 to 17. The event will allow …
Dubai Business Forum takes off with 2,000 decision-makers, CEOs
Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Ahmed Bin Mohammed Bin Rashid Al Maktoum, Second …
There were 47 log-ins to Moitra’s parliamentary account from Dubai: Report
A day before TMC MP Mahua Moitra appears before the Lok Sabha’s Ethics Committee, probing BJP MP Nishikant Dubey’s “cash-for-query” allegations against her, sources privy to the matter alleged that …