Abu Dhabi: The Central Bank of the UAE (CBUAE) has announced its decision to maintain the Base Rate for the Overnight Deposit Facility (ODF) at 4.40 percent. This decision comes in the wake of the US Federal Reserve’s announcement to keep the Interest…
Dubai: The Ministry of Energy and Infrastructure (MoEI) announced that preliminary information regarding the accidental collision between two ships in the Sea of Oman, approximately 24 nautical miles off the coast of the UAE, indicates that the incide…
Vienna: The UAE, represented by the Ministry of Finance, participated today in the 46th session of the Ministerial Council of the OPEC Fund for International Development (OFID), held in Vienna, Austria. The UAE delegation was headed by Mohamed bin Had…
Dubai: Dubai International Chamber, operating under the umbrella of Dubai Chambers, has officially launched a new representative office in Toronto, Canada. The strategic move underscores the chamber’s commitment to enhancing economic ties and explorin…