UAE Lowers Interest Rates by 25 Basis Points
September 17, 2025
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
Business
14 Nations Form Future of Investment and Trade Partnership
September 17, 2025
Abu dhabi: Fourteen countries have issued a Joint Declaration to establish the Future of Investment and Trade (FIT) Partnership, a new international initiative committed to affirming open and fair trade, supporting inclusive growth, addressing contemp…
Automechanika Dubai to Connect African Buyers with Global Suppliers
September 17, 2025
Dubai: Automechanika Dubai will place Africa’s burgeoning automotive industry firmly in the spotlight when the region’s largest international automotive aftermarket trade show returns to the
Kuwait Crude Oil Drops 62 Cents to $72.46 Per Barrel
September 17, 2025
Abu dhabi: Kuwait crude oil dropped 62 cents during Tuesday’s trading to reach US$72.46 per barrel (pb) compared with US$73.08 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.
According to Emirates News Agency, Brent futures ros…
Arab Youth Centre and Abu Dhabi Youth Business Council Foster Entrepreneurial Growth Among Young Arab Innovators
September 17, 2025
Abu dhabi: The Abu Dhabi Youth Business Council, part of the Abu Dhabi Chamber of Commerce and Industry, in collaboration with the Arab Youth Centre
Dubai’s National Industries Park Secures Over AED 1 Billion in New Projects in 2025
September 17, 2025
Dubai: National Industries Park (NIP), DP World’s industrial hub in Dubai, has secured more than AED 1 billion in new projects so far this year, underlining strong investor confidence in the emirate’s growing industrial base.
According to Emirates N…
MoF Engages in Crucial Talks with IMF on UAE’s Economic and Financial Landscape
September 17, 2025
Abu dhabi: The Ministry of Finance (MoF) received a delegation from the International Monetary Fund (IMF) on Wednesday at its headquarters in Abu Dhabi for
Austria Unveils Plan to Position It as Green Hydrogen Centre
September 17, 2025
Vienna: Austria’s Federal Minister of Labour and Economy Wolfgang Hattmannsdorfer on Wednesday unveiled a comprehensive initiative to position the country as a European hub for green hydrogen. The plan includes investment in electrolysis plants, parti…
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