UAE and Singapore discussed ways to enhance bilateral relations and promote cooperation, mainly in investment and trade, during a meeting at Expo 2020 Dubai.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance today met with Teo Chee Hean, Singapore’s Senior Minister and Coordinating Minister for National Security, who is currently visiting the UAE to participate in his country’s national day at Expo 2020 Dubai.
The two countries are seeking greater cooperation, especially within the framework of the agreement signed between the two nations in 2019.
They also discussed various issues of mutual interest including global efforts to speed up recovery to reach pre-pandemic levels.
The meeting was also attended by Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, other ministers and senior officials.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
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.
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.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.