Dubai Police, represented by the Fraud Control Centre Department at the General Department of Criminal Investigation, has taken down three criminal gangs comprising 13 individuals of Asian nationality who were using phone scams to target victims. These gang members impersonated officials from agencies like the police and banks, contacting citizens …
Read More »Mansour bin Zayed chairs Ministerial Development Council meeting
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, has chaired the Ministerial Development Council meeting, held at Qasr Al Watan in Abu Dhabi. The meeting reviewed various development proposals and projects submitted by ministries and federal entities across all …
Read More »CBUAE Maintains the Base Rate at 4.40%
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%.This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain …
Read More »UAE does not recognise decision of Port Sudan Authority
The United Arab Emirates has affirmed that it does not recognise the decision of the Port Sudan Authority, as the Port Sudan Authority does not represent the legitimate government of Sudan and its honourable people. The statement issued by the so-called ‘Security and Defence Council’ will not affect the deep-rooted …
Read More »Gross banks’ assets up by 1.6% to AED4,636.8 billion at end of February 2025: CBUAE
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 1.8%, from AED 965.3 billion at the end of January 2025 to AED982.9 billion at the end of February 2025. The increase was due to AED4.1 billion growth in currency in circulation outside banks …
Read More »Al Wasl and Shabab Al Ahli Match.. Dubai Police Take Action Against Football Match Rioters
Dubai Police have confirmed the arrest of individuals involved in the post-match disturbances following the UAE Pro League fixture between Al Wasl and Shabab Al Ahli football clubs. The announcement was made by His Excellency Major General Abdullah Ali Al Ghaithi, Assistant Commander-in-Chief for Operations Affairs at Dubai Police. Al …
Read More »Federal Tax Authority to waive penalty for late corporate tax registration
The Federal Tax Authority has today announced that it has begun implementing the UAE Cabinet Decision to exempt certain corporate taxpayers from administrative penalties resulting from the late submission of registration applications, within the specified deadline. To qualify for the waiver of the penalty, the taxable person (or exempted categories) …
Read More »UAE mediation efforts succeed with new exchange of 410 captives between Russia, Ukraine
The United Arab Emirates has announced the success of mediation efforts in a new exchange of war captives between the Russian Federation and the Republic of Ukraine, which included 205 Ukrainian captives and 205 Russian captives, bringing the overall number exchanged through UAE mediation efforts to 4,181. The Ministry of …
Read More »UAE Cabinet, chaired by Mohammed bin Rashid, approves ‘UAE Strategy for Islamic Finance and Halal Industry’
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting held at Qasr Al Watan, Abu Dhabi. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of …
Read More »Sharjah Executive Council approves ‘Care Leave’
H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Executive Council, chaired the council’s regular meeting on Tuesday at the Ruler’s Office. The meeting was held in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler …
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