Abu dhabi: The National Centre of Meteorology (NCM) announced that local convective clouds are expected to form in the eastern and southern areas of the country, bringing rainfall of varying intensity. This weather pattern is due to the extension of the Intertropical Convergence Zone (ITCZ) moving from the south toward the country, coupled with the … Read more
Abu dhabi: Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April 2025. This marks a 16.2% annual increase compared to April 2024 and a 1.4% rise from March 2025. According to Emirates News Agency, banking indicators released by the Central Bank of the UAE … Read more
Dubai: Dubai Customs celebrated the graduation of the second cohort of the advanced security course, in cooperation with the Dubai Police Academy. The course includes 28 female inspectors enrolled in the Customs Inspectors Professional Training Program, which is supervised by the Dubai Logistics Academy, the leading academic institution of Dubai Customs. According to Emirates News … Read more
Dubai: Amlak Finance PJSC, today announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial discipline and strategic foresight. Since the initial restructuring under the Common Terms Agreement (CTA) in 2014, Amlak has successfully settled AED10.2 billion with a total of 29 financiers. As of 24th July 2025, Amlak … Read more
New york: The UAE reiterated its strong commitment to global sustainable development at the United Nations High-Level Political Forum (HLPF) on Sustainable Development 2025 in New York, emphasizing international partnerships and placing human progress at the center of its vision for the 2030 Sustainable Development Goals (SDGs) and beyond. According to Emirates News Agency, the … Read more
Abu dhabi: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of the capital of the UAE, has published its 2024 Annual Report, outlining the Authority’s key regulatory achievements and underscoring its commitment to delivering a world-class regulatory environment for financial services. According to Emirates News Agency, the report reflects on a … Read more
Dubai: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, today launched Dubai Mallathon, a community-driven initiative aimed at promoting public health by encouraging all members of society to engage in daily physical activity during the summer. … Read more
Abu dhabi: The Securities and Commodities Authority (SCA) has imposed a record fine of AED5 million on a licensed company and referred the matter to the Public Prosecution, in a decisive move to safeguard market integrity and enforce regulatory compliance. The action follows confirmed violations of anti-money laundering (AML) laws, counter-terrorism financing regulations, and measures … Read more