The Central Bank of the UAE (CBUAE) has kept the Base Rate on its Overnight Deposit Facility (ODF) at 3.9%, following the US Federal Reserve’s decision to hold its Interest Rate on Reserve Balances (IORB) steady.

Dubai Silicon Oasis (DSO), a member of the Dubai Integrated Economic Zones Authority (DIEZ), has announced a strategic partnership with TUM International GmbH (TUMint), a subsidiary of the Technical University of Munich, to advance applied research and technology transfer.

The New Economy Academy, in partnership with Dubai Islamic Bank (DIB), has launched a Financial Literacy Programme to give business owners the practical financial knowledge, digital tools and resource management skills needed to grow sustainably.