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…
Sharjah: Sharjah’s real estate sector reached a significant milestone in November 2025, achieving a new record with transactions totaling AED 9.5 billion. This figure represents the highest monthly total ever recorded in the emirate, underscoring its robust economic growth and solidifying its position as a crucial driver of comprehensive development. According to Emirates News Agency, … Read more
Abu dhabi: The Abu Dhabi Investment Office (ADIO) and YeePay, a leading cross-border payments company, have announced their partnership in establishing YeePay’s regional headquarters and technology hub in Abu Dhabi. The new headquarters will serve the Middle East and Africa region as part of YeePay’s global expansion. According to Emirates News Agency, the announcement was … Read more
Abu dhabi: RIQ and Swiss Re have signed a Memorandum of Understanding to advance innovative capacity solutions, risk origination opportunities, and AI-enabled capabilities across the UAE region. Headquartered in the Abu Dhabi Global Market (ADGM), RIQ is building an AI-native reinsurance platform that integrates artificial intelligence and advanced analytics to improve underwriting accuracy, capacity deployment, … Read more
Dubai: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that GCC markets topped the list of global destinations for its members’ exports and re-exports during the first nine months of 2…
Abu dhabi: The Abu Dhabi Youth Business Council (ADYBC), affiliated with the Abu Dhabi Chamber of Commerce and Industry, has entered into a strategic cooperation agreement with Hub71, Abu Dhabi’s global tech ecosystem, during Abu Dhabi Finance Week (ADFW). This collaboration aims to enhance opportunities for young entrepreneurs and integrate them more deeply into the … Read more
Abu dhabi: ADI Foundation, an organization based in Abu Dhabi focused on developing sovereign-grade blockchain infrastructure for governments and institutions, marked its return to Abu Dhabi Finance Week (ADFW) by showcasing its significant progress since its establishment announcement at the same event last year. According to Emirates News Agency, Andrey Lazorenko, Chief Executive Officer of … Read more
Jebel ali: DP World has completed the first phase of its Living Seawalls installation at Jebel Ali Port, deploying 1,000 eco-engineered panels that transform flat seawall surfaces into habitats where marine life can thrive and enhance biodiversity, setting a new benchmark for sustainable port infrastructure in the region. According to Emirates News Agency, the project, … Read more