UAE Central Bank announces M-Bills auction on 19 August

The Central Bank of the UAE (CBUAE) announced today an auction of Monetary Bills (M-Bills) on 19th August, 2024. The auction includes four issues of M-Bills Treasury bonds. According to CBUAE data, the first issue for 28 days will be up to Dh2,500 million, the second for 56 days will be up to Dh2,000 million, […]

Abu Dhabi Department of Economic Development adds 30 new economic activities to Freelancer Licence

The Abu Dhabi Business Centre (ADBC) at the Abu Dhabi Department of Economic Development (ADDED) has added 30 new activities to the Freelancer Licence. This expansion allows UAE nationals and residents to pursue a wider range of business opportunities, fostering Abu Dhabi’s supportive economic environment that encourages entrepreneurship and facilitates business establishment at minimal cost. […]

AD Ports Group completes Tbilisi Dry Port acquisition to become majority owner

AD Ports Group (ADX: ADPORTS) today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake. The state-of-the-art, rail-linked, and custom bonded intermodal logistics hub, in Georgia – scheduled to be operational in October 2024 – further strengthens the Group’s role […]

UAE President, VPs congratulate Indian President on Independence Day

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Droupadi Murmu of the Republic of India on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh […]