ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.65% to 3.9%, effective from Thursday, 17 September. This decision was taken following the US Federal Reserve’s announcement today to raise the Interest Rate on Reserve Balances (IORB) by 25 basis points. …
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SHARJAH / WAM The Sharjah Investment and Development Authority (Shurooq), during its 19th consecutive participation at Arabian Travel Market (ATM) 2026, announced the expansion of Al Faya Retreat, increasing its accommodation capacity from five rooms to 20 accommodation units by the fourth quarter of 2026. The expansion forms part of an approach that connects hospitality development with sustainable cultural tourism, …
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ABU DHABI / WAM Khalifa University of Science and Technology on Wednesday announced the establishment of the UNESCO Chair on Global Water Resilience, Innovation and Sustainable Solutions, creating a UAE-anchored global platform connecting scientific research, innovation, policy and implementation to accelerate the development and deployment of sustainable water solutions. Hosted by Khalifa University through its Centre for Membranes and Advanced …
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ABU DHABI / WAM Etihad Airways and Swissport, the world’s largest provider of aviation services by revenue, have signed a Memorandum of Understanding at Arabian Travel Market to expand their global partnership, increasing the number of airports at which Swissport serves the airline from 30 to 40. The expanded partnership covers airports across Africa, Europe, North America, the Middle East …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Claudia Sheinbaum Pardo of Mexico on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, …
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DUBAI / GULF TIME Dubai Culture and Arts Authority (Dubai Culture) explored opportunities for collaboration and knowledge exchange with cultural institutions in Vienna during its official delegation visit to Austria. The programme offered insights into museum and library management, performing and contemporary arts, talent development, collection management and audience engagement, supporting the Authority’s efforts to advance Dubai’s cultural and creative …
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ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) Group and DFNS, a digital-asset custody technology provider, entered a strategic agreement to provide digital asset wallet and tokenisation capabilities for on-chain assets. The collaboration marks a significant step in ADX’s digital-assets strategy, reinforcing the exchange’s commitment to building the market infrastructure required to support the issuance, listing and trading …
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ABU DHABI / WAM XRG announced the completion of its acquisition of an equity stake in Southern Gas Corridor CJSC (SGC) from the Ministry of Economy of the Republic of Azerbaijan, following the satisfaction of all conditions precedent and receipt of customary regulatory approvals. The completion represents a major milestone in XRG’s strategy to build an integrated and resilient gas …
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ABU DHABI / WAM UAE President HH Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Nayib Bukele of El Salvador on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, …
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ABU DHABI / WAM Zayed Authority for People of Determination is participating in the 35th edition of the Abu Dhabi International Book Fair (ADIBF), with a diverse cultural, knowledge-based and interactive programme that reflects its vision of empowering People of Determination, enhancing their access to knowledge and culture, and showcasing their capabilities and creativity as active partners in society and …
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