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. ...

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 ...

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 ...