The UAE Football Association (UAEFA) has announced that Romanian coach Cosmin Olăroiu will take over the national team in the upcoming period. The association noted in its statement that the Romanian coach has signed a contract with the national team for a duration of two years, until 2027. The UAE …
Read More »World Economic Forum selects three Emiratis for Young Global Leaders Council 2025
The World Economic Forum (WEF) has announced the selection of Shamma bint Suhail Al Mazrouei, Minister of Community Development; Meera Sultan Al Suwaidi, Member of the Federal National Council; and Tuka Waddah Alhanai, Assistant Professor of Computer Engineering at New York University Abu Dhabi, for membership in the Young Global …
Read More »Egypt cuts key policy rates by 225 basis points
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 …
Read More »UAE President attends Al Nahyan family wedding celebrations
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 …
Read More »Unbeatable savings on Toyota pre-owned
Discover superior quality and peace of mind with unbeatable savings on Toyota pre-owned: Enjoy amazing benefits including: • Free insurance* • 2-year / 30,000 km service contract • Tinting • Buy now, pay later with 100% financing options • Finance rates as low as 1.99%* • Up to AED 15,000 …
Read More »European Central Bank cuts interest rates by 25 basis points
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 — …
Read More »Dubai Police Dismantle Fraud Ring Involved in Vehicle Purchase Scam Using Forged Cheques
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 …
Read More »Temporary tariff pause mitigates trade contraction, but strong downside risks persist: WTO
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. …
Read More »Hamdan bin Mohammed appoints new CEOs at Knowledge and Human Development Authority
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 …
Read More »Abdullah bin Zayed condemns plot targeting Jordan’s national security, commends vigilance of its security services
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 …
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