ABU DHABI/WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED4.21 billion, benefiting 2,652 Emirati citizens across the …
Read More »UAE President and Sultan of Oman exchange Eid Al Fitr greetings
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty Sultan Haitham bin Tariq of Oman on Wednesday exchanged Eid Al Fitr greetings during a phone call, conveying their best wishes for continued wellbeing and prosperity for their two countries and peoples and for peace and prosperity worldwide. The call also addressed developments in the …
Read More »CBUAE maintains Base Rate at 3.65%
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 3.65%. 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 borrowing short-term liquidity …
Read More »UAE Banks Federation affirms Central Bank’s resilience package strengthens sector stability
ABU DHABI / WAM The UAE Banks Federation affirmed that the comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of CBUAE, reflects …
Read More »Miral announces Yas Bay East Beach to open on Yas Island
ABU DHABI / GULF TIME Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, has announced that Yas Bay East Beach, the newest stretch of shoreline on Yas Island, will officially open to the public on 19 March. The opening marks a strategic milestone for Miral, demonstrating its ongoing efforts to create memorable and joyful experiences for …
Read More »UAE President and Sultan of Oman exchange Eid Al Fitr greetings
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty Sultan Haitham bin Tariq of Oman on Wednesday exchanged Eid Al Fitr greetings during a phone call, conveying their best wishes for continued wellbeing and prosperity for their two countries and peoples and for peace and prosperity worldwide. The call also addressed developments …
Read More »Yas Island Welcomes Eid Al Fitr with Experiences for the Whole Family
ABU DHABI / GULF TIME This Eid Al Fitr, Yas Island remains the ultimate destination for family getaways and memorable moments, offering a vibrant mix of luxurious stays, gourmet dining and family-friendly fun. From indulgent hotel getaways to lively brunches and waterfront vibes, the island is pulling out all the stops to ensure a memorable holiday for everyone. Here’s a …
Read More »UAE President receives phone call from Ethiopian Prime Minister
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Dr Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, during which they discussed developments in the region amid the military escalation and its serious repercussions for regional and international security and stability. His Excellency Dr Ahmed renewed …
Read More »Celebrate Eid at The Cove Rotana Resort in Ras Al Khaimah
GULF TIME A time for gathering with loved ones, Eid unfolds at The Cove Rotana Resort as a tranquil coastal escape, where every detail is designed for effortless relaxation. Set along the shores of the Arabian Gulf, the resort offers a secluded retreat framed by lush landscapes, swaying palms, and uninterrupted sea views. Guests can wander through tropical gardens or …
Read More »Mohammed bin Rashid approves 4,631 residential land plots valued at AED5.3 billion for citizens in Dubai
DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the allocation of 4,631 residential land plots, valued at AED5.3 billion, for Emirati citizens in Dubai. Spanning over 71 million square feet across Al Eyas, Latifa City, and Mushrif areas, these plots are part of citizen housing packages in Dubai. They …
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