The airlines continue to monitor developments across the region
aviation6 hours ago
The Central Bank of the UAE, CBUAE, said on Tuesday that it was cutting interest rates on certificates of deposit in line with US dollar rates, after the US Federal Reserve Board's emergency decision to cut rates by 50 basis points.
The UAE central bank said its repo rate for borrowing short-term liquidity had also been cut by 50 bps.
Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.
The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
The airlines continue to monitor developments across the region
aviation6 hours ago
Volunteers have quickly stepped in to support families by setting up and preparing the tents
uae6 hours ago
The airline had earlier alerted passengers about longer queues and slower check-ins
aviation7 hours ago
The External Affairs Minister said that he is travelling to Pakistan only to be a 'good member of the SCO'
asia7 hours ago
Sheikh Hamdan took to social media platform X to make the announcement on World Teachers' Day
visa and immigration in uae7 hours ago
These goods, which were seized by Customs, can be examined at Dubai Airports, Terminal 3
uae7 hours ago
He did not elaborate on the nature or timing of the response
mena8 hours ago
The Ministry of Finance said that these amendments reflect its ongoing commitment to enhancing transparency within the overall tax regime
business8 hours ago