Trending

Category: Business

XRG-Led Consortium Withdraws Offer for Santos

Abu dhabi: The XRG-led Consortium announced today that it has withdrawn its indicative offer and will not proceed with a binding offer for Santos.

According to Emirates News Agency, while the Consortium maintains a positive view of the Santos busin…

Read More »

UAE Lowers Interest Rates by 25 Basis Points

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, reducing it from 4.40% to 4.15%, effective from Thursday, 18 September. This move comes in response …

Read More »

Recent Post