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Three Killed in Helicopter Crash in Los Angeles

Los angeles: Three people were killed and a fourth was taken to hospital after a helicopter crashed in Los Angeles on Tuesday evening, according to the Los Angeles Fire Department.

According to Emirates News Agency, four people were assessed at the …

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Sultan bin Ahmed Meets Al Etihad Credit Bureau Head

Sharjah: H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Judicial Council, met with Marwan Ahmed Lotfi, Director-General of Al Etihad Credit Bureau, at His Highness’s office. The meeting was attended by L…

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CBUAE Raises the Base Rate by 25 Basis Points

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.65% to 3.9%, effective from Thursday, 17 September. This move comes in the wake of recent m…

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Oil Prices Surge to Multi-Month Highs

Abu dhabi: Oil prices rallied by roughly three dollars at Tuesday’s settlement, driven by mounting supply concerns and ongoing uncertainty regarding the reopening of the Strait of Hormuz. Gains in US West Texas Intermediate (WTI) futures outpaced Bren…

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