ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) announced the establishment of a Currency Swap Agreement between the UAE Dirham (AED) and the Bahraini Dinar (BHD) during a virtual signing ceremony. The agreement has a nominal value of AED 20 billion (BHD 2 billion), with a tenor of five years. …

ABU DHABI/WAM Etihad Airways, the national airline of the UAE, will launch a seasonal service to Dhaka, Bangladesh, from 26 June 2026, strengthening trade and cargo links across the South Asia corridor, while responding to strong and sustained demand for travel and logistics between the UAE and Bangladesh. The four-times weekly service to Hazrat Shahjalal International Airport (DAC) will strengthen …

NEW YORK/WAM The United Arab Emirates has expressed its deep disappointment at the UN Security Council’s failure to take decisive action to address the global repercussions caused by Iran’s illegal closure of the Strait of Hormuz, and failure to adopt a resolution put forward by Bahrain on behalf of the UAE, the State of Kuwait, the State of Qatar, the …