ABU DHABI / WAM The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning March 16, following US Federal Reserve cuts to contain the economic repercussions of coronavirus. Following US Federal Reserve Board’s decision to cut the Federal Funds Rate at an emergency meeting to contain the repercussions of the global pandemic Covid-19, the ...

ABU DHABI / WAM The Emirates Global Aluminium (EGA) on Monday announced the winning team for the 2020 edition of Al Robot, a robotics competition that challenges students at universities and higher education institutions in the UAE to design and build industrial robots for use at EGA’s aluminium smelters. The winning team was from Abu Dhabi University and competed against ...

SHARJAH / WAM The Sharjah Economic Development Department (SEDD) has announced that it has intensified health and safety control campaigns on business establishments within the emirate to ensure the general public’s safety. According to a statement issued by the department, all cinemas, amusement parks, amusement and electronic games centres, bodybuilding and fitness gyms are to close from March 16-31. The ...