Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.65% to 3.9%, effective from Thursday, 17 September. This move comes in the wake of recent m…
Gaza: Search and rescue operations continued in Gaza City on Wednesday following the collapse of a bombed-out building that killed at least 20 people, according to reports. The incident has highlighted the precarious situation of displaced Palestinian…
Dubai: H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, affirmed that the Arab Media Summit continues to strengthen its position as a leading regional platform by convening the…
Dubai: Dubai has risen to become the world’s number one location for FinTech as ranked by industry professionals in the latest Global Financial Centres Index (GFCI). A testament to its resilience, the emirate retains its position as the only financial…
