The updated symbol has two horizontal lines representing the currency’s stability The UAE's official currency, the Dirham, which has been in circulation since 1973, now features a new symbol as part of the country's digital transformation. The Central Bank of the UAE (CBUAE) unveiled the...

The Ministry of Human Resources and Emiratisation (MoHRE) is organizing social and recreational events for workers during the Eid Al Fitr holiday under the slogan "Our Workers, the Pulse of Our Business." These events will take place in 10 different locations across the UAE , aiming to...

Dubai International (DXB) Expects 3.6 Million Travelers During Eid Peak Dubai International Airport (DXB) is preparing for a surge in passenger traffic, expecting over 3.6 million travelers to pass through its terminals between March 26 and April 7, 2025. Peak Travel Day: April 5...

UAE Central Bank Imposes AED 2.62M Fines for CRS & FATCA Non-Compliance The Central Bank of the UAE (CBUAE) has imposed financial sanctions totaling AED 2,621,000 on five banks and two insurance companies for failing to comply with Common Reporting Standard (CRS) and Foreign...

Emaar’s financial results for 2024 reflected strong operational performance and continued growth across its key business segments Emaar’s 2024 Financial Results: Record Sales Growth and Profit Emaar Properties held its Annual General Meeting (AGM), where the Board of Directors...

Dubai’s largest online shopping event, the Great Online Sale, is back for its third edition, taking place from March 27 to 30. This year, shoppers can enjoy discounts of up to 95% and a new immersive shopping experience, featuring a virtual mall where consumers can browse top brands...

Abu Dhabi Biobank Launches Affordable Private Cord Blood Banking Abu Dhabi Biobank has introduced private cord blood banking services , providing expectant families with an affordable and accessible way to store their newborns' stem cells locally. With over 60,000 transplants...

UAE President and Vladimir Putin Discuss Strengthening Bilateral Ties and Mediation Efforts UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan recently held a phone conversation with Russian President Vladimir Putin , discussing bilateral cooperation and efforts to enhance...

CBUAE Unveils New Sustainable Dhs100 Polymer Banknote with Advanced Security Features The Central Bank of the UAE (CBUAE) has introduced a new Dhs100 polymer banknote , featuring cutting-edge security elements and a modern design , aligning with the country’s sustainability vision....

Majid Al Futtaim’s Properties Division Drives 25% Revenue Growth Amid Robust Business Expansion Majid Al Futtaim has announced its 2024 financial results , reporting Dhs33.9bn in consolidated revenue , with EBITDA rising 1% to Dhs4.6bn despite macroeconomic challenges. Financial...