GE Staff Writer – Page 29

CBUAE keeps base rate steady at 4.40%

The Central Bank of the UAE (CBUAE) has announced that the base rate for the overnight deposit facility (ODF) will remain at 4.40%.

by GE Staff Writer
January 31, 2025

Entrepreneur News

New payment solutions for MENA-based SMEs

Financial services provider Paymob has announced a partnership with the open source eCommerce platform Woo. The collaboration marks Woo’s first preferred partnership in

by GE Staff Writer
January 29, 2025

Economy Real Estate

DAMAC unveils its first 2025 development

The UAE’s largest private real estate developer DAMAC Properties has launched Riverside Views, its first project of 2025. The new development is part

by GE Staff Writer
January 29, 2025

Economy News Real Estate

UAE infrastructure set for growth in 2025

Mordor Intelligence has forecast a compound annual growth rate (CAGR) of 5% for the UAE’s infrastructure sector between 2025 and 2030. This growth

by GE Staff Writer
January 28, 2025

Economy News

UAE high-speed train to boost GDP by $39.5bn

The UAE’s high-speed train project connecting Abu Dhabi and Dubai is set to deliver significant economic impact, contributing an estimated $39.5bn to the

by GE Staff Writer
January 28, 2025

News Real Estate

Meraas awards $272m contract for Bluewaters Bay

Meraas has signed a construction contract exceeding $272m with China State Construction Engineering Corporation (Middle East) for the development of Bluewaters Bay.