Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE), affirmed that the UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability. He noted that banks, financial institutions, and insurance companies across the country are operating normally and continue to deliver their services to customers
A pioneer of giving has contributed AED 10 million to the “Mother of the Nation Endowment for Orphans” initiative, launched by the Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. The initiativeaims to establish a sustainable endowment (waqf)
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the delivery of the FX Super One to UAE-based Infinite Glory Holding Company and Noorizon. Delivery ceremonies were held for both. This milestone marks FF’s continued progress in the Middle East
As the UAE continues to strengthen its position as a global tourism and hospitality hub, payment infrastructure is playing a growing role in protecting profitability and financial efficiency. Beyond occupancy levels and room rates, international collections, exchange rate fluctuations, and delayed settlements can quietly impact margins for hotels and restaurants operating across borders. PaySelect, an
The International Charity Organisation (ICO) said its Ramadan “Iftar” initiative has reached more than 600 villages across several Muslim countries, distributing 225,000 iftar meals and over 16,000 food parcels during the first half of Ramadan. Dr. Khaled Al Khaja, Secretary-General of the organisation, said the project reflects the UAE’s humanitarian approach and commitment to supporting
The Federal Authority for Identity, Citizenship, Customs and Ports Security has decided to exempt individuals who were unable to travel from fines for delayed departures due to exceptional circumstances currently affecting the region, which led to the closure of airspace and the temporary suspension of a number of flights. The Authority explained that the decision
du, the leading telecom and digital services provider, has joined as a strategic partner of the Edge of Life campaign to rescue five million children from hunger, launched in Ramadan by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, with the aim of raising a minimum AED1
