Abu dhabi: The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED600,000 on a branch of a foreign bank operating in the UAE, pursuant to Article (137) of the Decretal Federal Law No. (14) of 2018 Regarding the Central Bank and Organisation of Financial Institutions and Activities, and its amendments. According to Emirates News Agency, the financial sanction is based on the results of the findings of examinations conducted by the CBUAE. These examinations revealed that the branch of the foreign bank had failed to comply with the Market Conduct and Consumer Protection Regulations and Standards. The

Dubai: In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (9) of 2025. This law amends certain provisions of Law No. (18) of 2021 concerning the regulation of conciliation frameworks for the settlement of disputes within the emirate. According to Emirates News Agency, the amendment replaces ten articles of the original law. This initiative is part of an ongoing effort to advance and modernize the emirate’s legal apparatus, ensuring efficient and high-quality services for every member of society. Article 5 of

Dubai: The Ministry of Finance has launched the federal general budget cycle for the 2027-2029 period, marking a new step in the continuous development of the government’s financial system. The move aims to enhance fiscal sustainability and aligns with the wise leadership’s vision for a more flexible and innovative future. According to Emirates News Agency, this new cycle reflects the evolution of the general budget from a yearly planning tool into a strategic instrument that empowers federal entities to achieve their objectives efficiently and effectively. The launch coincided with the unveiling of the federal government’s new strategic planning cycle, ‘Towards

Ankara: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived at the Presidential Palace in Ankara as part of his state visit to the Republic of Trkiye. His motorcade was received by Turkish President His Excellency Recep Tayyip Erdogan. According to Emirates News Agency, an official reception was held for His Highness upon his arrival. He was escorted by a procession of riders on horseback to the dais of honour, where both the UAE and Turkish national anthems were played. An honour guard lined up in salute to mark the occasion and welcome His Highness. His Highness exchanged

Fujairah: The National Human Rights Institution (NHRI) conducted a field inspection visit to a workers’ accommodation facility in the Emirate of Fujairah. This visit is part of the Institution’s ongoing series of field visits aimed at monitoring workers’ conditions and ensuring their access to rights guaranteed under national legislation and relevant international human rights agreements and conventions. According to Emirates News Agency, the NHRI delegation was led by Dr. Zayed Al Shamsi, Member of the Board of Trustees, and accompanied by Board Members Mohamed Al Hammadi and Fatma Al Bedwawi; Dr. Saeed Al Ghfeli, Secretary-General of the NHRI; Abdulaziz Al

Istanbul: EDGE, a leading advanced technology and defence group, is set to unveil its highly competitive, multi-domain portfolio of systems and solutions at the International Defence Industry Fair 2025 (IDEF 2025) in Istanbul, Republic of Trkiye. The biennial event, scheduled from July 22nd to 27th, 2025, at the Istanbul Expo Centre, will provide EDGE with a platform to showcase its understanding of modernisation in the global security landscape and strengthen its network of defence partners across key markets. According to Emirates News Agency, Miles Chambers, Senior Vice President – International Business at EDGE, highlighted the significance of their debut participation

Ajman: H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, emphasized the importance of nurturing a new generation of national leaders who are well-grounded in their identity and adept at navigating global changes. He noted that this requires a long-term commitment to intellectual development and the empowerment of Emirati talents. These remarks were made during his reception of participants from the “UAE Government Leaders Programmes 2025” at the Ruler’s Court in Ajman. According to Emirates News Agency, the visit was attended by Omar Sultan Al Olama, Minister of State for Artificial Intelligence,

Abu dhabi: The UAE Ministry of Foreign Trade has announced that Quest Global, a Singapore-based engineering research and development services company, will establish a presence in the UAE through the NextGen FDI initiative: a pioneering programme that seeks to attract high-impact companies from around the world through a suite of market-entry fundamentals such as rapid incorporation and fast-track issuance. According to Emirates News Agency, Quest Global will now open a number of client-centric, high-value engineering centres (HVECs) throughout the UAE, which will offer support to businesses in sectors such as energy, defence, and advanced manufacturing. Quest Global’s engineering expertise, coupled