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
Abu dhabi: ADGM Academy (ADGMA), the knowledge arm of ADGM, has announced the launch of the Tech Centre, a pioneering multi-sector platform in the region. This initiative aims to reinforce Abu Dhabi’s position as a global benchmark for research-driven innovation and solidify its role as a leader in technology and knowledge-based economies. According to Emirates … Read more
Dubai: Sheikh Maktoum bin Butti Al Maktoum, Director of the Ministry of Foreign Affairs (MoFA) office in Dubai, has received the consular credentials of Ambroslo Brlan Enclso, the Consul-General of the Republic of the Philippines in Dubai and the Northern Emirates, during an official meeting held at MoFA’s Dubai Office. According to Emirates News Agency, … Read more
Abu dhabi: Abu Dhabi Commercial Bank PJSC (ADCB) today announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4th December 2025. The transaction attracted exceptional demand, with total funded commitments exceeding AED12 billion from UAE, regional and international investors. According to Emirates News Agency, Mubadala Investment … Read more
Seoul: The Republic of Korea added 225,000 jobs in November, continuing an upward trend in employment this year, but youth employment declined, government data showed Wednesday. The number of employed people stood at 29.05 million last month, up 225,000 from a year earlier, according to the data compiled by the Ministry of Data and Statistics. … Read more
Abu dhabi: The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) presented a series of significant enhancements to its digital asset regulatory framework at the ninth edition of Fintech Abu Dhabi during Abu Dhabi Finance Week (ADFW). According to Emirates News Agency, the announced updates reinforce ADGM’s position as a global leader … Read more
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) recently facilitated a high-level business meeting with a delegation from the Kurdistan Federation of Chambers of Commerce and Industry (K-FCCI) in the Kurdistan Region of Iraq, alongside re…
Dubai: Sheikh Maktoum bin Butti Al Maktoum, Director of the Ministry of Foreign Affairs (MoFA) office in Dubai, has received the consular credentials of Ambroslo Brlan Enclso, the Consul-General of the Republic of the Philippines in Dubai and the Nort…