ABU DHABI / WAM The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED1,011.9 billion at the end of April 2025 to AED1,015.6 billion at the end of May 2025. The increase was due to AED3.4 billion growth in monetary deposits, and AED0.3 billion increase in currency in circulation outside banks. …
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ABU DHABI / WAM The UAE continues its humanitarian support for the Palestinian people in the Gaza Strip. On Monday, the UAE carried out the 74th airdrop of aid under operation “Birds of Goodness,” part of “Chivalrous Knight 3,” in cooperation with the Hashemite Kingdom of Jordan and with the participation of Germany, Italy, Belgium, France, the Netherlands, Singapore, and …
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DUBAI/ WAM The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development’s (IMD) World Competitiveness Yearbook. This marks a remarkable jump of 27 positions from its 43rd place in 2024. The …
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DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and the guidance of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the Mohammed Bin Rashid …
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DUBAI/GULF TIME O Gold, the UAE’s first Emirati fractional gold and silver ownership app, has been awarded a Shariah Compliance Certification from the Center of Islamic Banking and Economics. This certification marks a significant milestone and reaffirms the company’s commitment to Islamic finance principles. O Gold offers insured and secure gold and silver buying and selling, along with Wakalah Gold …
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ABU DHABI / WAM The Sheikh Zayed Grand Mosque Centre in Abu Dhabi witnessed a significant increase in visitor numbers during the first half of 2025, welcoming a total of 4,346,831 guests, marking a 5 percent growth compared to the same period in 2024, reaffirming the mosque’s position as a leading religious and cultural destination on the global stage. The guest count included 1,948,482 …
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SHARJAH / WAM In the lead-up to the 14th International Government Communication Forum (IGCF), scheduled to take place on September 10–11 at Expo Centre Sharjah under the theme “Communication for Quality of Life”, the Sharjah Government Media Bureau (SGMB) has announced the launch of the “Global PR Challenge – Sharjah Edition.” Held for the first time, the challenge will bring …
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ABU DHABI / WAM The Ministry of Economy and Tourism announced that it will host the UAE Africa Tourism Investment Summit on October 27, 2025, in Dubai, as part of the Future Hospitality Summit (FHS World 2025) – one of the leading global platforms for the hospitality, tourism, and investment sectors. The Summit aims to enhance economic and tourism partnerships …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Prabowo Subianto of the Republic of Indonesia 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 …
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DHAHRAN/WAM Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard cubic feet of raw gas …
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