Business from Thursday, October 30th, 2025
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DMCC unveils plans for new financial centre
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
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UAE-based companies contribute to $28 billion investments to Syria
Syrian President Ahmed Al-Sharaa announced that the country has attracted approximately $28 billion in investments during the first six months of this year, highlighting significant participation from companies based in the UAE, Saudi Arabia, and Qatar.
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UAE cuts key interest rate by 25 basis points
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
News
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Abu Dhabi Crown Prince arrives in South Korea for APEC ForumHis Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in South Korea on Thursday to attend the Asia-Pacific Economic Cooperation (APEC) Forum.
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UAE aid ship reaches Egypt with vital supplies for GazaThe UAE Humanitarian Ship, carrying 7,200 tonnes of food, shelter and medical supplies, has arrived at Egypt’s Port of Al Arish, ahead of its transfer to the Gaza Strip to support urgent relief efforts.
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Dubai strengthens emergency preparedness with strategic partnershipsThe Dubai Resilience Centre has signed three key agreements to boost the city’s emergency preparedness and crisis response capabilities.
