Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has said that the UAE – based on its outstanding experience in the field of tolerance and coexistence – is keen to fully cooperate with everyone to achieve this noble goal and to present its experiences to others. In …
Read More »CBUAE Raises the Base Rate at 75 Basis Points
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points – from 3.15% to 3.90%, effective from Thursday, 3 November 2022. This decision was taken following the US Federal Reserve Board’s announcement on 2 November …
Read More »Fed hikes interest rates again
The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point, plowing ahead with a fourth straight large hike in an effort to beat back soaring inflation. In a statement after a two-day meeting, the Fed made clear that more rate increases are coming to lower yearly …
Read More »Presidents of UAE, US meet virtually to discuss joint initiative to accelerate energy transition
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, met virtually today with United States President Joseph R. Biden Jr. The two leaders reaffirmed the depth of the U.S.-UAE strategic relationship and addressed global challenges including energy security. In the meeting, the two leaders highlighted the just announced comprehensive UAE-US …
Read More »Shah Rukh’s ‘Pathaan’ teaser out on his 57th birthday
Superstar Shah Rukh Khan released the first teaser of his highly anticipated film “Pathaan”, giving his fans the perfect return gift on his 57th birthday.The actor is all set to comeback to the big screen with “Pathaan” on January 25, 2023, joining by his two co-stars, Deepika Padukone and John …
Read More »Abu Dhabi Airports gears up to launch advanced biometric technology with touchless boarding
Abu Dhabi Airports is gearing up to launch advanced biometric technology, which uses a passenger’s facial features as their passport to offer a seamless experience throughout their travel journey at Abu Dhabi International Airport, from the time they arrive at the airport to the time they board their flight. The …
Read More »Tomorrow.. Temperatures to decrease
The National Center of Meteorology forecasts that tomorrow’s weather will be fair in general and partly cloudy at times.Temperatures tend to decrease over the internal areas.Light to moderate winds.
Read More »RAK Ruler meets with Portuguese Ambassador
H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today at his palace in Saqr bin Mohammed City, Fernando Figueirinhas, Ambassador of the Republic of Portugal to the UAE, who came to greet Sheikh Saud on the occasion of assuming his duties …
Read More »President issues Federal Decree appointing Tareq Al Hosani as Secretary-General of Tawazun Council
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Tareq Abdulraheem Al Hosani as the Secretary-General of the Tawazun Council.
Read More »Musk announces $8 monthly charge for verified Twitter accounts
New Twitter head Elon Musk said Tuesday the site will charge $8 per month to verify users’ accounts, arguing the plan would upend the platform’s “current lords & peasants system” and create a new revenue stream for the company. The announcement comes days after the world’s wealthiest man took sole …
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