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Australia’s Central Bank Reduces Cash Rate to 3.60 Percent

Sydney: Australia’s central bank on Tuesday reduced its main cash rate by 0.25 percentage points, bringing it to a two-year low of 3.60 percent. The decision was made in response to a slowdown in inflation and a more flexible labour market, though the…

Yalla Group’s Revenues Reach AED310.7 Million in Q2

Abu dhabi: Yalla Group Limited on Tuesday announced its financial results for the second quarter (Q2) of the fiscal year 2025, reporting revenues of AED310.7 million (US$84.6 million), up 4.1 percent year-on-year. Net income rose sharply to AED134.1 m…

UAE Delivers 500 Tonnes of Food Aid to Gaza in 69th Airdrop

Abu dhabi: The United Arab Emirates is continuing its humanitarian support for the Palestinian people in the Gaza Strip. Today, the UAE conducted its 69th airdrop of aid under Operation Birds of Goodness, part of Operation Chivalrous Knight 3, in coop…

Amlak Finance Sees 61% Revenue Growth in H1 2025

Dubai: Amlak Finance PJSC today announced its H1 2025 financial results for the period that ended 30th June 2025. The company continued to focus on prudently managing its UAE operations and balance sheet.

According to Emirates News Agency, Amlak rep…

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