China Cuts Market-Based Benchmark Lending Rates

Abu Dhabi: China on Tuesday cut its market-based benchmark lending rates, with the one-year loan prime rate (LPR) down to 3 percent from the previous reading of 3.1 percent, People’s Daily Online reported.

According to Emirates News Agency, the over…

Yalla Group Reports Revenue of AED308.2 Million in Q1 2025

Abu Dhabi: Yalla Group Limited, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the first quarter of the fiscal year 2025, ending on 31st March. The…

UAE Elected to Executive Board of IAACA

Abu Dhabi: The UAE Accountability Authority has been elected to the Executive Board of the International Association of Anti-Corruption Authorities (IAACA) during the body’s first council meeting of 2025, in a move that reflects the UAE’s prominent st…