CBUAE lowers Base Rate by 50 basis points

The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) More…
14 dead in Lebanon walkie-talkie blasts
Hand-held radios used by Lebanese armed group Hezbollah detonated on Wednesday across Lebanon's south, in Beirut suburbs and the Bekaa Valley, further stoking tensions with Israel a day after similar explosions by the group's pagers.Lebanon's health ministry said 14 people had been killed and 450 injured yesterday, while the death toll from Tuesday's explosions rose […]
Hezbollah hand-held radios detonate across Lebanon
12 killed, 3,000 wounded in unprecedented security breachHezbollah ordered pagers months ago; vows retaliationPagers made by Europe firm BAC, Taiwan-based firm saysDevices modified by Israel at production stage, Lebanon security sources sayHand-held radios used by Hezbollah detonated late on Wednesday afternoon across Lebanon's south and in Beirut's southern suburbs, a security source and a witness […]
Lebanese FM warns of escalation risks in phone call with EU official
Lebanese Minister of Foreign Affairs Abdallah Bou Habib warned in a phone call with the High Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell against the risk of escalation and dragging the region to the brink of disaster.During the phone call, the two sides discussed the latest developments regarding Tuesday's […]
UAE Ministry of Economy issues a decision mandating private joint-stock companies to represent women on their boards of directors

The Ministry of Economy has issued a ministerial decision mandating private joint-stock companies in the UAE to More…
DP World trade finance and Nedbank partner to deliver working capital solutions across sub-saharan Africa

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership More…
Dubai Future Foundation launches ‘The Future of Progress’ report rethinking national success

Dubai Future Foundation (DFF) today published a report titled “The Future of Progress”, making the case for a new More…
Occupation forces arrest 15 Palestinians in wide-scale raid in Bethlehem
The Israeli occupation forces arrested 15 Palestinians during a wide-scale raid early this morning in Bethlehem governorate.The arrests took part in different areas of the governorate, with the majority taking place in the village of Husan, where 14 Palestinians were detained, including siblings, local security sources told the Palestinian News Agency (WAFA).Another young man was […]
Saudi cabinet confirms continuation of work on project to build first nuclear power plant
The Saudi Cabinet confirmed the continuation of the implementation of the national nuclear power project and the construction of its first plant, in accordance with national requirements and within the framework of international obligations, in addition to emphasizing the hosting of an international conference on nuclear emergencies in cooperation with the International Atomic Energy Agency […]
Lebanon Caretaker Government holds Israeli cccupation responsible for pager explosions, suspends universities, schools
Lebanese caretaker government held the Israeli occupation responsible for pager detonations across Lebanon earlier on Tuesday that led to deaths and hundreds of injuries.A cabinet meeting chaired by Prime Minister Najib Mikati lambasted the criminal Israeli aggression, considering it a grave violation of Lebanese sovereignty and a crime by all standards.The cabinet which decided to […]