Abu Dhabi: The second and final day of the Governance of Emerging Technologies Summit (GETS 2025) concluded yesterday in Abu Dhabi, reinforcing the UAE’s position as a leading force in shaping responsible, inclusive, and forward-looking technology gov…

Dubai: Nasdaq Dubai, the region’s international financial exchange, and AIX CSD, the central securities depository of Astana International Exchange, have announced the launch of a direct CSD link between the two markets. The announcement was made at the Capital Market Summit 2025, hosted by Dubai Financial Market (DFM), marking a significant step in enhancing regional financial connectivity and enabling more efficient post-trade settlement for cross-listed securities. According to Emirates News Agency, under the Memorandum of Understanding (MoU), Nasdaq Dubai and AIX CSD will collaborate to facilitate the trading and settlement of securities that are dual listed on both exchanges. The

Abu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision aligns with the current monetary policy strategy and reflects the central bank’s response to global economic signals. According to Emirates News Agency, this decision was taken following the US Federal Reserve’s announcement to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE’s decision to maintain the interest rate applicable to borrowing short-term liquidity from the bank at 50 basis points above the Base Rate for all standing credit facilities is also

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently convened with the Foreign Trade team at the Ministry of Economy and the Comprehensive Economic Partnership Agreements …

Beijing: China unveiled sweeping policy measures on Wednesday, including interest rate cuts, as the country intensifies efforts to bolster economic growth amid mounting trade worries. The People’s Bank of China (PBOC) will cut the seven-day reverse re…

Abu Dhabi: The second and final day of the Governance of Emerging Technologies Summit (GETS 2025) concluded yesterday in Abu Dhabi, reinforcing the UAE’s position as a leading force in shaping responsible, inclusive, and forward-looking technology governance. Hosted by the Advanced Technology Research Council (ATRC) in strategic partnership with the UAE Public Prosecution, the summit welcomed over 1,000 participants from more than 20 countries, including ministers, senior officials, technologists, legal experts, and business professionals. According to Emirates News Agency, Sarah bint Yousef Al Amiri, Minister of Education, remarked on the critical role of artificial intelligence in preparing future generations. She

Fujairah: Fujairah’s industrial sector is experiencing a significant boost, driving economic growth with the recent opening of several factories, including the Apex Chemicals Factory with an annual production capacity of 200,000 tonnes in two phases. According to Emirates News Agency, with its well-suited infrastructure and comprehensive logistical services, the emirate’s industrial sector has successfully attracted and supported quality industries, exemplified by the production of ground calcium carbonate, basalt fiber, rock wool, and similar materials. These facilities also apply the highest standards of quality and sustainability in the optimal utilisation of natural resources to preserve the environment. Engineer Mohammed Saif Al

Sharjah: Sharjah Airport International Free Zone (SAIF Zone) has taken a significant step forward in establishing itself as a prime location for innovative investment with the inauguration of the first industrial enzyme production facility in the Midd…