GCC central banks normally change their interest rates in lockstep with the US Fed as Gulf countries’ currencies are pegged to the dollar
The US Federal Reserve raised its benchmark interest rates by 25 points to the highest level in 22 years
The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours, enough to power 475,000 homes
From content creation on Galaxy Z Flip5 to seamless multitasking on Galaxy Z Fold5, this series of Galaxy foldables meets and exceeds the distinctive needs of today’s users
Set to open by mid-2024 in Jeddah, the property will be one of the first new generation Regent Hotels to open globally
The changes to Oman’s labour law have been brought about to further the country’s objectives set out in the Vision 2040 national agenda
The Shariah-compliant bank’s total income reached Dhs9.3bn during the quarter, up 49 per cent from Dhs6.22bn the same period a year ago
The Mudon community is made up of villas and townhouses, along with retail amenities such as restaurants, shops, and health clinics
This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness
The marine transport service will run eight trips a day from Monday-Thursday, and six trips from Friday-Sunday
The assembly will bring together public and private enterprises to engage in conversations on emerging technology and its potential
The luxury travel market is experiencing significant growth, characterised by a preference for 5-star stays, premium economy or business class flights, and exclusive private tours
The World Bank projects the UAE’s non-oil sector is expected to achieve strong growth by the end of 2023 driven by robust domestic demand
The bank’s net profit surged by 9 per cent to reach $1.33bn (SAR5bn) in the three months to June 30
The deal facilitates knowledge sharing between the two entities while exploring potential joint investments in upstream projects
The Dubai Sustainable Tourism Stamp by DET to showcase the hotel’s adherence to sustainable practices and environmental stewardship
The three entities are proceeding with negotiations with the aim to sign definitive agreements in Q3 2023
The first phase of the collaboration will see the launch of two new waterfront projects in Dubai
The investment follows the completion of Yas Mall’s Dhs500m redevelopment plan
Abu Dhabi has increased monitoring for the virus to try to identify potential cases and raise awareness by hosting workshops
The air cargo services provider has signed a strategic agreement with Jan de Rijk Co to expand its reach
The French striker has yet to make any decision on his next club, with only one year left on his contract at Paris-Saint Germain
The new resolution details RTA’s functions including the planning, design and development of the public railway network in the emirate
Four million passengers will fly with Etihad over the summer months via its home base in Abu Dhabi
Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels
Prince Abdulaziz bin Saud said the kingdom is actively working to lessen suffering in areas affected by crises, conflicts and disasters
The UAE Cabinet has granted the public and private sector equal official holidays in order to streamline work
The office will support and guide Dubai-based companies seeking to expand into Vietnam throughout every stage of their international expansion
There was an increase in the total number of cases across all divisions, with 455 cases filed
Personal visas can either be a single entry visa valid for 90 days or a multiple entry visa valid for 365 days