Category: Business
CBUAE Maintains Interest Rates Unchanged at 4.40%
Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision follows the US Federal Reserve’s announcement to keep the Interest Rate on Reserve Balances…
DP World Expands Electric Freight Operations at Jebel Ali Port
Jebel Ali: DP World has launched a cutting-edge electric freight solution at Jebel Ali Port in partnership with Einride, marking a major step towards decarbonising terminal operations. Now running around-the-clock, the first wave of the electric fleet…
ADQ and Energy Capital Partners Forge $25 Billion US Power Investment Partnership
Abu Dhabi: ADQ and Energy Capital Partners (ECP) have announced a groundbreaking agreement to establish a $25 billion investment partnership focused on new build power generation and energy infrastructure in the United States. The partnership, structu…
FTA Intensifies Efforts to Raise Awareness on Importance of Corporate Tax Registration
Sharjah: The Federal Tax Authority (FTA) has intensified its awareness efforts to raise awareness of the need for natural persons who are subject to corporate tax to submit their corporate tax registration applications, before the end of March 2025, t…
UAE-U.S. Strategic Partnership Ushers in New Era: Cybersecurity Chief
Abu Dhabi: Dr. Mohamed Al Kuwaiti, Head of the UAE Cybersecurity Council (CSC), affirmed that UAE-U.S. relations are witnessing the beginning of a new chapter of effective strategic partnership across various fields and sectors, particularly in artifi…