News

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 15 basis points, effective from Thursday, 29th July 2021. This decision was taken following the US Federal Reserve Board’s announcement on 28th July 2021, to set the Interest …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will make an official visit to the friendly Republic of Austria on Thursday. During his visit, His Highness Sheikh Mohamed bin Zayed will hold official talks with the …

The Ministry of Health and Prevention, MoHAP, announced on Wednesday that it conducted 305,880 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 …

Mohammed bin Rashid: Dubai-headquartered Swvl is the first Middle East US$1.5bn Unicorn to list on Nasdaq US, founded by Mostafa Kandil, 28-year-old entrepreneur. Dubai’s impact on the global start-up scene shows the vision and spirit of the region’s youth in shaping tomorrow’s businesses.

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Wednesday, inspected several vital projects in the city of Kalba. The inspection comes as part of his permanent tours to follow up on various projects in all cities and regions of the emirate that …

The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, continues to work closely with investors to stimulate high quality investments that support the future needs and demands of the healthcare sector. This investment plan is in line with the UAE Federal Law …

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has issued the updated list of “Green List” destinations. Vaccinated travellers arriving from these destinations will be exempt from mandatory quarantine measures after landing in Abu Dhabi and will be required to undergo PCR testing upon arrival at …

In less than 10 hours of receiving the report of incident, the Dubai Police, represented by the Criminal Investigations Affairs Department, caught a group of thieves of European nationalities who stole jewellery and expensive watches worth AED13 million from a car showroom. Lt. General Abdullah Khalifa Al Marri, Commander-in-Chief of …

In line with its efforts to promote Arabic and Emirati literature around the world, and support research and knowledge development across communities, a Sharjah Book Authority (SBA) delegation headed by Ahmed bin Rakkad Al Ameri, Chairman of SBA, recently visited the Library of Congress (LOC), the world’s largest library located …

The Abu Dhabi Criminal Court, which has jurisdiction over money laundering and tax evasion offences, has convicted 9 defendants and 6 companies for the offence of possession of sums of money amounting to 18 million dirhams, using fraudulent means through a computer based process. As for the criminal scheme, one …