Trading

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, reducing it from 4.40% to 4.15%, effective from Thursday, 18 September. This move comes in response …

Dubai: UAE Banks Federation (UBF) has commenced preparations to host Sibos 2029, the annual conference, exhibition, and networking event organised by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). UBF has initiated consultati…

Sharjah: The 2025 edition of the World Trade Report has revealed that, with the right enabling policies, artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains …

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 the annual Article IV consultation, reviewing the nation’s economic outlook and policy framewor…

Abu dhabi: The Abu Dhabi Investment Authority (ADIA) has unveiled its 2024 ADIA Review, offering an in-depth analysis of its activities over the past year, along with projections for the future. Established in 1976, ADIA is a globally-diversified inve…

Abu dhabi: The XRG-led Consortium announced today that it has withdrawn its indicative offer and will not proceed with a binding offer for Santos.

According to Emirates News Agency, while the Consortium maintains a positive view of the Santos busin…

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 (AYC), hosted a youth circle titled “Enhancing Arab Youth Entrepreneurship in the Emirate of Abu Dhabi…

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 Dubai World Trade Centre from 9 to 11 December 2025. Highlig…