ABU DHABI / WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain the interest rate applicable to …

ABU DHAB/WAM Etihad Airways continues to reinforce its position as a leader in global aviation, expanding strategic partnerships that connect world-class airlines to Abu Dhabi and broaden travel opportunities for millions of visitors. With over 40 codeshare partners in its network, Etihad connects travellers to more than 100 destinations across its own network and over 300 destinations through its partners, …

ABU DHABI / WAM Borouge Plc, a leading petrochemicals company providing innovative and differentiated polyolefins solutions, today announced a net profit of $193 million for the second quarter of 2025, exceeding market expectations. The results reflect disciplined execution of the planned Borouge 3 turnaround, with the company maintaining strong margins and healthy cash generation on the back of effective cost …