News

UAE stock markets Thursday continued to capitalise on improved investor sentiments, defying US Fed’s decision to keep interest rates steady on Wednesday, while projecting an increase by year-end. Blue-chip real estate, banking, and energy stocks lead the gainers in the Capital’s bourse, as giant property Emaar drove DFM to an …

WhatsApp has introduced a native version of its app for iPad users. Available to TestFlight users, the app is built using Mac Catalyst and lets you link the WhatsApp account on your iPhone to the iPad, similar to how Companion mode works on Android. According to WABetaInfo, to install the …

Lone Star Park in Texas, US, is set to see riders compete for the Al Wathba Stallions Cup on Friday, as part of the 15th edition of H.H. Sheikh Mansour bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival. With a cash prize of US$10,000, the 1,400-metre main card …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Aidrous Al Zubaidi, Deputy Head of Yemen’s Presidential Leadership Council, on the sidelines of the 78th Session of the United Nations General Assembly (UNGA78) in New York. In the meeting, the two sides discussed the developments …

The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi, in partnership with Al Ain Municipality and Abu Dhabi Police, has announced the implementation of the second phase of ‘Mawaqif’ parking system in Al Ain and Al Hili industrial areas of Al Ain City …

On the second day of the high-level week of the 78th Session of the United Nations General Assembly, the UAE delegation, led by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, held bilateral and multilateral meetings and participated in events focused on strengthening the UAE’s network of …

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said the UAE’s successful accomplishments in the space sector are a testament to the visionary leadership of the nation, led by UAE President His Highness Sheikh Mohamed bin Zayed …

The US Federal Reserve unanimously voted today to hold its overnight interest rates unchanged at 5.25 per cent – 5.50 per cent – continuing its July stance. The Fed however forecast an additional rate hike before the end of the year to bring down inflation. The Federal Reserve raised interest …

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40%, effective from Thursday, 21 September 2023.This decision was taken following the US Federal Reserve Board’s announcement on 20 September 2023 to keep the Interest on …

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, received a high-level delegation from the Republic of the Philippines at the Ministry of Finance’s Dubai office, in the presence of Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance, and a number of Ministry’s officials. The delegation included …