ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity …
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Yas Island Welcomes Eid Al Fitr with Experiences for the Whole Family
ABU DHABI / GULF TIME This Eid Al Fitr, Yas Island remains the ultimate destination for family getaways and memorable moments, offering a vibrant mix of luxurious stays, gourmet dining and family-friendly fun. From indulgent hotel getaways to lively brunches and waterfront vibes, the island is pulling out all the stops to ensure a memorable holiday for everyone. Here’s a …
Read More »UAE President receives phone call from Ethiopian Prime Minister
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Dr Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, during which they discussed developments in the region amid the military escalation and its serious repercussions for regional and international security and stability. His Excellency Dr Ahmed renewed …
Read More »Celebrate Eid at The Cove Rotana Resort in Ras Al Khaimah
GULF TIME A time for gathering with loved ones, Eid unfolds at The Cove Rotana Resort as a tranquil coastal escape, where every detail is designed for effortless relaxation. Set along the shores of the Arabian Gulf, the resort offers a secluded retreat framed by lush landscapes, swaying palms, and uninterrupted sea views. Guests can wander through tropical gardens or …
Read More »Mohammed bin Rashid approves 4,631 residential land plots valued at AED5.3 billion for citizens in Dubai
DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the allocation of 4,631 residential land plots, valued at AED5.3 billion, for Emirati citizens in Dubai. Spanning over 71 million square feet across Al Eyas, Latifa City, and Mushrif areas, these plots are part of citizen housing packages in Dubai. They …
Read More »Casa Milano Expands UAE Footprint with 7th Showroom Launch in Al Ain Amid Market Uncertainty
GULF TIME At a time when global and regional markets continue to face uncertainty, Casa Milano announced the opening of its 7th showroom in the UAE, marking a significant milestone in the brand’s growth journey and reinforcing its confidence in the country’s long-term outlook. The new showroom in Al Ain reflects Casa Milano’s continued expansion strategy despite wider conversations across …
Read More »Fakih IVF Opens a New Branch in Khalifa City
ABU DHABI/GULF ITME Fakih IVF, one of the region’s leading providers of fertility treatment and reproductive medicine, proudly announces the opening of its newest branch on Al Forsan Street, Khalifa City, Abu Dhabi. The expansion reflects the center’s ongoing commitment to bringing advanced, compassionate fertility care closer to families across the UAE. Founded by Dr. Michael Fakih, Consultant in …
Read More »Glow, Indulge & Embrace: The Eid Guide you need for Perfect Gifts
DUBAI/ GULF TIME Eid is just around the corner, a time to celebrate, reconnect, and find meaningful gifts for yourself and your loved ones. While this year may feel a little different for many of us, the heart of Eid remains the same: cherishing small moments, sharing kindness, and making time for the people who matter most. From comforting bites …
Read More »UAE President receives Envoy of President of Republic of Korea
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Excellency Kang Hoon-sik, Special Envoy of the President of the Republic of Korea. During the meeting, His Excellency Kang Hoon-sik conveyed to His Highness the greetings of His Excellency Lee Jae-myung, President of the sisterly Republic of Korea, and his wishes for the UAE’s continued …
Read More »Three Luxury Destinations to Restore Calm and Balance
DUBAI / GULF TIME With the arrival of spring, many travellers are looking for an opportunity to pause, step away from the fast pace of daily life, and rediscover a sense of calm and balance. This season offers the perfect moment to travel to destinations that combine nature with wellness experiences, allowing guests to recharge and return feeling refreshed and …
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