UAE Cuts Benchmark Interest Rate to 3.65%

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.90% to 3.65%, effective from Thursday, 11 December. This move aligns with changes in monetary policy following the recent actions of the US Federal Reserve. According to … Read more

ADX Group Welcomes Global Brokerage Platform Interactive Brokers On Board

Abu dhabi: The Abu Dhabi Securities Exchange (ADX) Group welcomed Interactive Brokers (Nasdaq: IBKR), one of the world’s leading global electronic brokers, as its latest online broker partner. This partnership will enable more investors worldwide to access growth opportunities in Abu Dhabi and build diversified portfolios across asset classes and geographies. According to Emirates News … Read more

Twelve Killed in Residential Fire in Southern China

Shantou: Twelve people have been killed in a residential fire in the southern Chinese city of Shantou on Tuesday night. The incident occurred in a four-storey building and resulted in a rapid response from local emergency services. According to Emirates News Agency, the blaze broke out at 9:20 pm local time (1320 GMT). The fire … Read more

Ajman Media Office and LinkedIn Collaborate to Boost Digital Government Communication

Ajman: The Ajman Government Media Office has signed a Memorandum of Understanding with LinkedIn to strengthen the emirate’s digital government communication capabilities and expand the presence of its entities on the professional networking platform. The MoU, signed during the BRIDGE Summit, sets a framework for cooperation to enhance digital media performance, build reliable official identities, … Read more

Moroccan Delegation Explores Youth Empowerment Initiatives in Sharjah

Sharjah: A delegation from Morocco’s Ministry of Youth, Culture, and Communication has visited Rubu’ Qarn for Creating Future Leaders and Innovators in Sharjah to exchange expertise and review the foundation’s approach to youth development. The visit is part of a broader programme aimed at enhancing collaboration and supporting initiatives that enhance youth skills in both … Read more

UAE Marks Human Rights Day with Notable Achievements

Abu dhabi: The UAE is marking Human Rights Day, reaffirming its notable achievements in advancing and safeguarding civil, political, economic, cultural, and social rights for all segments of society. The country continues to strengthen its legislative and regulatory frameworks, supported by national plans, programmes, and development strategies designed to uphold human rights, ensure a dignified … Read more

China’s Consumer Price Index Rises 0.7% in November

Beijing: China’s consumer price index (CPI), a main gauge of inflation, grew 0.7 percent year-on-year in November, the highest since March 2024, according to data released by the National Bureau of Statistics (NBS) on Wednesday. According to Emirates News Agency, the CPI growth in November accelerated by 0.5 percentage point from October’s reading, as reported … Read more