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Agreement for a 20 Billion Dirham Swap Between the UAE Dirham and the Bahraini Dinar
The Central Bank of the United Arab Emirates and the Central Bank of Bahrain have signed a currency swap agreement involving the UAE dirham and the Bahraini dinar during a virtual signing ceremony. The nominal value of this swap...
Space 42: Our Operations Are Running Smoothly and Thuraya Services Continue Without Interruption
Space 42 has confirmed that its operations are running smoothly without any disruption to the services provided to clients. In a recent statement, the company affirmed that all services and infrastructure remain fully intact and it is continuing to...
Tourism in Dubai Surpasses Challenges
The tourism and hospitality sector in Dubai demonstrates substantial operational resilience, thanks to its ability to quickly adapt to regional and global challenges. This adaptability is reflected in the rapid adjustment of operational strategies and service diversification in line...
Rashed Bin Hamid Presides Over the 10th Annual Meeting of the “Aims Group” General Assembly
The Annual General Meeting of «Imes Group» convened for its tenth session, led by Sheikh Rashid bin Hamid Al Nuaimi, Chairman of the Board and Head of the Ajman Municipality and Planning Department. The meeting was attended by board...
Etihad Airways to Launch Flights to Dhaka Next June
Etihad Airways has announced the launch of a seasonal service to Dhaka, Bangladesh, starting from June 26, 2026, aimed at strengthening trade and cargo connections across the South Asia corridor.According to Etihad Airways, the service will operate four flights...
MSCI Emerging Markets Index Highlights Strong Rise of Dubai Market
Emerging market assets experienced a significant surge on Wednesday, with a key index tracking stocks in these economies on track for its best session since March 2020, buoyed by a ceasefire agreement between the United States and Iran.The MSCI...
Altemit Power Solutions Explores Expansion Opportunities in the UAE to Meet Growing Demand
The Al-Tameet Power Solutions group, recognized for its electric generator manufacturing at the Sharjah International Airport Freezone, has confirmed that its production operations are running smoothly, despite the global challenges stemming from rising energy costs and raw material prices,...
Fuze Appoints Khalifa Al-Fahim as Director of Regulatory Affairs
Fuze has announced the appointment of Khalifa Mohammed Al-Fahim as the new Director of Regulatory Affairs. This strategic move aims to enhance communication between the company and regulatory bodies, ensuring that all its activities align with established legal and...
Ajman Chamber Explores Continuity of Food Supply Chains and Integration Between Sectors
The Ajman Chamber organized a meeting for the business group in the food sector to address the latest developments in food supply chains and foster collaboration between government and private entities. This initiative aims to enhance the efficiency and...
Abu Dhabi Ports Anticipates a 9.2 Billion Dirham Refinancing Agreement
Abu Dhabi Ports Group has announced the signing of an agreement with First Abu Dhabi Bank and Emirates NBD Capital to refinance a syndicated loan amounting to 9.2 billion dirhams (approximately 2.5 billion dollars), ahead of its due date...