ABU DHABI/WAM The total capital and reserves of banks operating in the UAE reached AED 495.2 billion at the end of June 2024, a year-on-year (YoY) increase of 10.6 percent compared to AED 447.8 billion in June 2023, according to the latest statistics of the Central Bank of the UAE (CBUAE). The apex bank’s figures released on Thursday showed that ...

DUBAI/WAM Dubai Metro has celebrated its 15th anniversary on  September 9, marking a significant milestone in its journey of transforming the city’s mass urban transit. A symbol of Dubai’s spirit of innovation and excellence, the metro has become a vital lifeline connecting key areas across Dubai, providing reliable and sustainable transport for residents and visitors alike. Since opening on 9 ...

DUBAI/WAM The Ministry of Energy and Infrastructure (MoEI) has launched Data Bridge, a project that creates a digital connection with all entities involved in the ministry’s services. Through the project, MoEI can offer proactive services, request data only once, and exchange digital documents in real time. It is a transformational project under the federal government performance agreements 2023-2024. Data Bridge ...