• Loading stock data...

August 20, 2026

UAE central bank sanctions exchange house for renting out licence

The Central Bank of the UAE (CBUAE) has sanctioned an exchange house operating in the country for allegedly renting out its licence. The administrative sanctions have been imposed on the company’s owner and general manager, pursuant to Articles 87 and 137 of the Decretal Federal Law No. (14) of 2018 regarding the Central Bank and […]

Dubai airport’s north runway to reopen on June 22 after 45-day closure

  With an extremely tight schedule of just 45 days to complete, Dubai airport’s North Runway Rehabilitation project is currently underway according to plan and is scheduled to open for aviation traffic on June 22, 2022. Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and […]

UAE interested in Turkish energy investments, says minister

  The United Arab Emirates is eyeing investments in Turkey’s energy sector, ports and railways, Foreign Minister Abdullah bin Zayed Al Nahyan said on Friday. Speaking at a joint press conference with Turkish counterpart Mevlut Cavusoglu in Istanbul, Al Nahyan said the UAE was especially interested in renewable energy investments in Turkey.  

MoHAP announces first case of monkeypox in UAE

  The Ministry of Health and Prevention (MoHAP) has announced the first case of monkeypox in the UAE, in line with the UAE health authorities’ policy on the early detection and monitoring of the disease. The ministry explained that the first case was detected in a 29-year-old woman who arrived from West Africa, noting that […]

Egypt’s PM follows up on strengthening industrial cooperation with UAE, Jordan

Egyptian Prime Minister Mostafa Madbouly followed up on the government’s efforts to strengthen cooperation with the UAE and Jordan in the industrial sector. The meeting was held on Sunday and attended by Minister of Trade and Industry, Nevine Gamea; Randa El-Minshawy, First Assistant to the Prime Minister; Mohamed Abdel Karim, CEO of Industrial Modernization Center; […]

UAE: Breaks during work hours mandatory under employment law

Question: I recently read about an employment rule in the UAE that mandates breaks for employees during work. Can you explain this to me? Is it a mandatory requirement? Where and how can I complain if my employer refuses to give me this option? Response: Pursuant to your queries, it is assumed that you are […]

S.Korea, UAE agree to extend currency swap agreement for five years

South Korea’s central bank said on Wednesday it has agreed with the Central Bank of the United Arab Emirates (CBUAE) to extend a currency swap agreement for five years. The renewed 20 billion UAE dirham ($5.5 billion) currency swap deal between the Bank of Korea and CBUAE, first signed in 2013, is effective from April […]