Abu Dhabi on December 15th The UAE Central Bank statistics showed an increase in the value of liquid assets in the country’s banking sector to 509.61 billion dirhams at the end of the third quarter of this year, an increase of 5% on an annual basis, or the equivalent of …
Read More »The Central Bank of Oman raises interest rates by 50 basis points to 5%
Muscat on December 15th The Central Bank of Oman announced an increase in the interest rate on repurchase operations for local banks, starting today, by the same amount as the increase approved by the US Federal Reserve, which is 50 basis points, to become 5%. The bank said in a …
Read More »92% growth in non-oil trade between the UAE and Bahrain over 10 years
Abu Dhabi on December 15th Non-oil trade exchange between the UAE and the Kingdom of Bahrain has grown over the past ten years at a rate of more than 92% to reach 23.7 billion dirhams, compared to 12.3 billion dirhams in 2012, according to data from the Federal Center for …
Read More »Abu Dhabi Environment leads the world’s first atmospheric exploration cruise between Spain and the UAE
Abu Dhabi on December 15th The Environment Agency – Abu Dhabi signed a memorandum of understanding with the Cyprus Institute and the Max Planck Institute for Chemistry in Germany regarding cooperation to implement an exploratory research expedition to the atmosphere, which is the first of its kind in the world. …
Read More »Abu Dhabi Business Platform expands its services to empower entrepreneurs
Abu Dhabi on the 15th The Abu Dhabi Business Platform has expanded the range of services it provides to empower entrepreneurs and micro, small and medium enterprises to promote growth and prosperity in this vital sector and contribute to sustainable development. The platform – which was launched last year and …
Read More »The weather tomorrow is partly cloudy in general
Abu Dhabi on December 14th The National Center of Meteorology expects that the weather for tomorrow will be partly cloudy in general and cloudy at times, with the possibility of light rain in some eastern regions and islands in the west, and humid night and Friday morning with the possibility …
Read More »The UAE passport once again strengthens the global lead by entering 181 countries
The UAE passport strengthened its lead again alone in the first place in the world as the most powerful passport in the world, by adding a new point on Wednesday morning, from its prior visa exemptions, thus granting its holder entry to 181 countries around the world, according to the …
Read More »at a value of 734.7 million dirhams. . ADNOC Drilling consolidates its strong growth trajectory with the acquisition of two new offshore drilling rigs
ADNOC Drilling acquires two new self-elevating offshore drilling rigs to support ADNOC’s ambitious plan to increase production capacity. The two new rigs acquired are part of the company’s aggressive program to expand its fleet in line with its exceptional growth expectations during 2023. With the acquisition of the two new …
Read More »Ahmed bin Mohammed, President of the International Federation of Falcon Sports and Racing, and Zayed bin Hamad, Vice President
He presided over its founding meeting at the Etihad Museum. – Representatives of 11 countries from 4 continents declare their support for the federation and praise the choice of the UAE as its headquarters. …………………… Dubai on December 14th The International Federation for Falcon Sports and Racing, which was established …
Read More »Dubai keeps pace with the requirements of sustainable growth by upgrading the capabilities of the renewable and clean energy sector
Developed world class infrastructure. Giant projects led by DEWA to establish a global infrastructure that supports the transition to green energy. Saeed Mohammed Al Tayer: We are working to diversify energy sources with pioneering projects for various clean and renewable energy sources and technologies within the framework of the Dubai …
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