Dubai: DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced the appointment of Ali and Sons Contracting Company – Sole Proprietorship LLC to spearhead the second phase of Uptown Dubai’s tr…

Dubai: Germany and Italy have emerged as the most prominent national participants at the Airport Show 2025, with a total of 47 companies exhibiting a diverse range of airport and aviation-related technologies. The exhibition, held at the Dubai World Trade Centre, highlights the growing global collaboration in smart, sustainable aviation infrastructure. According to Emirates News Agency, the German Pavilion is organized under the umbrella of the German Airport Technology and Equipment association (GATE) and supported by the German government. It features 22 leading companies, including COBUS, Beumer, Colibri Energy, Ammeraal Beltech, Euroteam Bauchemie, and Forbo Siegling. These companies are showcasing

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 (CEPA) negotiation team. The gathering recognized the teams’ substantial contribution to elevating the UAE’s foreign trade to an unprecedented level in 2024, with total trade reaching AED 5.23 trillion and a trade surplus exceeding AED 490 billion-highlighting the robustness of the national economy. According to Emirates News Agency, the meeting was held at Union House in Dubai and was attended by

Dubai: Dubai Financial Market (DFM) today announced the launch of two new AI-powered features on its iVestor app – Smart Disclosures and Financial Summary – aimed at helping investors better access and understand company information.

According to Em…

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 …