The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 basis points, effective from Thursday, 05 May 2022. This decision was taken following the US Federal Reserve Board’s announcement on 04 May 2022 to increase the Interest …
Read More »2.4 magnitude earthquake recorded in Oman Gulf
The NCM “National Seismic Network”: A 2.4 Magnitude Earthquake on Richter scale was recorded in Oman Gulf today at 8:40 PM, “UAE time”.The earthquake was felt in the area and had no effect.
Read More »Dubai Police K9 Unit conducted 2,830 missions in 2021
The Dubai Police K9 Unit carried out 2,830 missions in 2021, including 879 special missions to secure the global event Expo 2020 Dubai before and after the grand opening. The missions consisted of 1321 security checks, 542 COVID-19 screenings, 480 guard duties, 381 security patrols, 53 anti-drug operations, 30 lead …
Read More »Mansour bin Zayed attends final competitions of Al Wathba Camel Race Festival
H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, today attended the second day’s competitions of the Al Wathba Final Annual Camel Races Festival (Wathba 2022), held in Al Wathba, Abu Dhabi. Before the competitions, Sheikh Mansour attended a luncheon held by Sheikh Sultan bin …
Read More »Dubai Customs honours its EXPO 2020 team
Ahmed Mahboob Musabih, Director-General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation, honoured the Dubai Customs’ team for participating in the Expo 2020 Dubai during a ceremony at the department’s headquarters. Speaking during the ceremony, Musabih said, “We are pleased with the success and exceptional version …
Read More »Today’s weather.. Dusty during daytime and humid by night
The National Center of Meteorology: The weather today is fair in general and dusty at times during daytime. Humid by night and Thursday morning over some coastal areas especially Northward. Moderate to fresh winds at first causing blowing dust reducing the horizontal visibility at times over the exposed areas during …
Read More »UAE records Less than 200 new COVID-19 cases
The Ministry of Health and Prevention (MoHAP) announced on Wednesday that it conducted 88,359 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus …
Read More »Two arrested for the use of witchcraft and sorcery in Ajman
Ajman Police have arrested two people of Arab nationality on charges of committing an act of witchcraft and sorcery in exchange for money in a hotel. They were contacted and agreed to perform witchcraft for AED 10,000, then the police raided their room and arrested them with materials used for …
Read More »Dubai Police help Traveller deliver Baby at Dubai International Airport
The Dubai Police rushed to save an Ethiopian woman who went into labour while transiting through the Dubai International Airport, heading to her home country. Major General Ali Atiq Bin Lahej, Director of the General Department of Airports Security at Dubai Police, said that the Ethiopian woman was returning with …
Read More »European stocks rally as bond yields hit fresh peaks
European stocks rallied on Tuesday following a series of upbeat earnings reports as banks rose on government bond yields hitting fresh highs in anticipation of quicker interest rate hikes. The pan-European STOXX 600 index edged higher 0.6% by 0716 GMT, with banks up 1.4% to lead sectoral gains. Wall Street …
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