News

The Central Bank of the UAE (CBUAE) has issued a communiqué on its joint “mBridge” project with partners from the Bank for International Settlements (BIS), Innovation Hub Centre in Hong Kong, the Hong Kong Monetary Authority (HKMA), the Bank of Thailand (BoT), and the Digital Currency Institute of the People’s …

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved a temporary licence to test self-driving vehicles, a move that comes as a part of the government’s continuous efforts to adopt advanced technologies within all …

The Ministry of Health and Prevention, MoHAP, announced on Tuesday that it conducted 285,711, 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 …

ADNOC Distribution today reported that its Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at AED2.3 billion, with a net profit of AED1.7 billion for the first nine months of 2021. For the third quarter, EBITDA was AED737 million with a net profit of AED529 million. The company continues …

With a response time of 5 minutes… “Dubai Civil Defense” have put out a fire that broke out this morning in a building in Al Muraqqabat Street near Viva supermarket, without recording any casualties.The fire was brought under control at 11:01 AM, and the site was handed over to the …

A 2.3 Magnitude Earthquake on Richter scale is recorded in Falaj Al Moalla in the Emirate of Umm Al Quwain at 03:21, 09/11/2021 “UAE time” According to the NCM “National Seismic Network.

Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), revealed that the massive investments of the Dubai Government in improving the infrastructure of roads and transport saved nearly AED220 billion (about US$60 billion) in time and fuel wasted through traffic …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF). During a meeting at Al Bahr Palace, they tackled the WEF agenda during the …

The real estate sector has shown significant growth during Q3 of 2021, with 16,781 transactions worth AED5.7 billion by the end of September, according to a report issued by Sharjah Real Estate Registration Department. These numbers marked a growth rate of 22.7 percent compared to the same period last year, …

Abu Dhabi has been awarded four prestigious accolades at the 28th annual World Travel Awards in recognition of the emirate’s efforts to establish itself as a leading global tourist destination. Considered to be the highest awards in the field of tourism, the accolades reward and celebrate excellence across all sectors …