ABU DHABI / WAM December 10 marks the 40th anniversary of the Central Bank of UAE’s (CBUAE) establishment, replacing the UAE Currency Board, as per the Union Law No (10) of 1980. The UAE’s economic and financial journey spans more than 47 years, starting in 1973 when the UAE Currency Board was established and mandated with issuing the UAE dirham, ...

DUBAI / WAM The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled in collaboration with DHL and the NYU Stern School of Business provides a comprehensive assessment of globalisation during the Covid-19 pandemic. ...

Of all the nominees President-elect Joe Biden has so far put forward, Neera Tanden is the one most likely to lose a confirmation battle. She has harshly attacked some Republican senators whose votes she may now need to become the head of the Office of Management and Budget. After the Senate voted to put Brett Kavanaugh on the Supreme Court, ...