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Abu dhabi: Dangerous heat, devastating rainfall and flooding, and severe drought affected millions of people across Asia in 2025, exacting a heavy human and economic toll, according to a new report from the World Meteorological Organisation (WMO). It …

Abu dhabi: 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 aligns with the recent announcement by the US Federal Reserve to keep the Interest Rate on …

Abu dhabi: EDGE, one of the world’s leading advanced technology and defence groups, and Naval Group, a global leader in naval defence systems and maritime security solutions, have signed an agreement at Eurosatory 2026 to conduct a series of firing tr…

Dubai: Dubai Electricity and Water Authority (DEWA) won the ‘Innovator of the Year’ and ‘Engineering Product of the Year’ honours at the 2026 Digital Engineering Awards organised by ISG, L and T Technology Services and the CNBC Group, reflecting its l…

Abu dhabi: In line with the previously announced collaboration roadmap, EDGE and Leonardo detailed further plans to establish a Joint Venture (JV), which would develop, commercialise, manufacture, and support some of the most advanced key defence sens…

Abu dhabi: Revolut, the global fintech company boasting over 75 million customers worldwide, has announced the receipt of its Stored Value Facilities (SVF) licence and Retail Payment Services (Category II) licence from the Central Bank of the United A…

Dubai: Dubai Electricity and Water Authority (DEWA) won the ‘Innovator of the Year’ and ‘Engineering Product of the Year’ honours at the 2026 Digital Engineering Awards organised by ISG, L and T Technology Services and the CNBC Group, reflecting its l…

Ras al khaimah: The Gulf Organisation for Research and Development (GORD), the Global Carbon Council (GCC), and the Environment Protection and Development Authority (EPDA) of Ras Al Khaimah have entered into a strategic tripartite Memorandum of Unders…