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The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided today to cut the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation by 225 basis points to 25.00 percent, 26.00 percent, and 25.50 percent, respectively. The Committee also decided to cut …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan today attended wedding celebrations hosted by the Al Nahyan family at Al Mushrif Palace in Abu Dhabi. The occasion marked the marriage of Sheikh Zayed bin Saif bin Mohamed bin Khalifa Al Nahyan to the daughter of H.H. Lieutenant General Sheikh …

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 The European Central Bank (ECB) has announced a 25 basis point cut to its key interest rates, marking the seventh reduction since June last year, amid economic concerns heightened by tariffs imposed by US President Donald Trump. Following the decision by the ECB’s Governing Council, the deposit facility rate — …

Dubai Police have taken down a fraud syndicate accused of deceiving multiple vehicle owners by posing as buyers on a popular online sales platform and paying with forged cheques. The suspects orchestrated a sophisticated scheme in which one member contacted vehicle sellers to agree on a purchase while another impersonated …

The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff” baseline scenario, according to the WTO Secretariat’s latest Global Trade Outlook and Statistics report released on 16 April. …

In his capacity as the Chairman of The Executive Council of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, issued Executive Council Resolution No. (21) of 2025 appointing Fatma Ibrahim Abdullah Belrehif as Chief Executive Officer of …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has strongly denounced and condemned a plot that threatened national security by inciting chaos and destruction within the Hashemite Kingdom of Jordan. In a statement, H.H. Sheikh Abdullah bin Zayed Al Nahyan reaffirmed the UAE’s …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, at Qasr Al Bahr in Abu Dhabi. Also present was His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister …

The General Civil Aviation Authority (GCAA) announced the resumption of air flights between the United Arab Emirates and the Syrian Arab Republic. The GCAA said in a press release today that joint coordination is currently underway to complete the necessary procedures for restarting flights between the two countries, in a …