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August 4, 2026

UAE strengthens position as a global hub for creative economy

The UAE is striving to enhance its position as a leading global destination in the creative economy, with a future vision and comprehensive strategy aimed at diversifying the national economy. This strategy seeks to transform the UAE into a preferred destination for innovators, investors, and entrepreneurs from around the world. The UAE is recognised as […]

Foreign currency deposits in UAE banks surge to Dh552 billion

The total balance of foreign currency deposits in banks operating in the UAE increased by Dh95.8 billion, reflecting a growth of 21 percent over the past year. By the end of May 2024, foreign currency deposits reached Dh552.2 billion, compared to Dh456.4 billion at the end of May 2023, according to data issued by the […]

UAE President, VPs condole with Saudi King on death of Princess Nouf bint Nasser

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of Princess Nouf bint Nasser bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and […]