News

The US Federal Reserve decided in its meeting today to keep its benchmark overnight interest rate in the 5.25-5.50 percent range, their highest levels since 2001. This is the eighth time that the US Federal Reserve has fixed interest rates since the start of the monetary policy tightening cycle in …

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40%. 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 …

The UAE is closely following rapidly-evolving regional developments and expresses its deep concern over the continued escalation and its repercussions on regional security and stability. Furthermore, the UAE stresses the importance of exercising utmost self-restraint and judgment to mitigate risks and prevent expanding the scale of conflict. The UAE believes …

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, today received Nguyễn Mạnh Tuấn, Ambassador of the Socialist Republic of Vietnam to the UAE, at Qasr Al Watan in Abu Dhabi. During the meeting, the two sides discussed the UAE-Vietnam …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, met with a group of national ambulance professionals of the Dubai Corporation for Ambulance Services (DCAS). Attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, …

Fuel prices for the month of August 2024: Super 98: Before: 2.99 AED/L After: 3.05 AED/L Special 95: Before: 2.88 AED/L After: 2.93 AED/L Diesel: Before: 2.89 AED/L After: 2.95 AED/L

The UAE, through its humanitarian arm Operation Chivalrous Knight 3, has delivered tons of medical supplies and medications to hospitals and healthcare facilities across Gaza Strip to address the catastrophic medical situation. Due to the ongoing situation in the Strip, a significant number of hospitals have gone out of service, …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, met with Speaker of Iran’s Parliament, Mohammad Bagher Qalibaf, in Tehran today. During the meeting, they discussed bilateral relations between the UAE and the Islamic Republic of Iran and ways to bolster them to …

On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, headed the UAE delegation at the inauguration ceremony of Dr. Masoud Pezeshkian, President of the Islamic Republic of Iran, which was held …

As part of its unwavering humanitarian commitment to the brotherly Palestinians in the Gaza Strip, the United Arab Emirates, in partnership with World Health Organisation (WHO), has announced an urgent initiative to evacuate 85 sick and severely injured Palestinians, including cancer patients in need of extensive treatment, accompanied by 63 …