In April, food and beverage inflation declined to 2.3 per cent, down from an average of 3.3 per cent seen in the first quarter The Central Bank of the United Arab Emirates (CBUAE) revised its inflation forecast for 2024, citing lower-than-expected increases in commodity costs, incomes,...

Two Emirati children, 8 and 7, died due to a fire which broke out in their family house in Al Tawaiyen area in the Emirate of Fujairah on Tuesday morning. Major General Mohammed Ahmed Bin Ghanem Al Kaabi, Commander-in-Chief of Fujairah Police, stated that specialised teams from the...

The PPP Manual and the Sandbox Conditions regulation are crucial steps in the UAE’s strategy to build the country’s business ecosystem The UAE’s Ministry of Finance announced the approval of the Public-Private Partnership (PPP) manual by the UAE Cabinet. This manual is designed to...

Plans are in place to expand Dubai’s Intelligent Traffic Systems (ITS) technology from 60 per cent to 100 per cent of the emirate’s road network Dubai’s Intelligent Traffic Systems (ITS) technology, which covers 60 per cent of the emirate’s road network, has helped reduce travel times...

The UAE Public Prosecution (PP) explained on Saturday, through a post on its social media accounts, the penalties for incitement to disobedience of laws. According to Article 27 of the Federal Decree Law No. 34 of 2021 on Combating Rumours and Cybercrimes, whoever calls for, or incites...

The Dubai Police, represented by Al Qusais Police Station, the Positive Spirit Council, and the Dubai Police Health Centre, have recently collaborated with the Navi Sports Club to organise the “Every Drop Counts” blood donation campaign. The campaign aimed to promote a culture of...

A faster growing oil and gas sector in 2025 will boost growth in the UAE, says a report Economic growth in the UAE is expected to accelerate to 6.2 per cent in 2025, according to the country’s central bank. In its latest June 2024 Economic Quarterly Review, the Central Bank of the...

The Bahrain arm of BitOasis will house a small team as it works to launch a new platform in the Kingdom during the second half of 2024 Cryptocurrency exchange BitOasis has secured a new operational licence in the Kingdom of Bahrain just two months after Dubai regulators lifted a...

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The stock exchange said that the listing will be in three tranches, starting on June 21 Abu Dhabi, the capital of the UAE, has listed bonds worth $5bn on the Abu Dhabi Securities Exchange (ADX). The exchange said in a statement that the listing will be in three tranches, starting...