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Al Hamriya Business Center

News Center

Business and world news

Headlines and short summaries from trusted publishers. Every story links to the full article on the original website.

Updated throughout the day from publishers’ official feeds

Business News

The National — Business

thenationalnews.com

Business News The National — Business

US Fed raises interest rates: What does it mean for the UAE?

The Central Bank of the UAE on Wednesday raised its base rate for the Overnight Deposit Facility by 25 basis points to 3.9 per cent from 3.65 per cent. This comes after the US Federal Reserve raised interest rates by 25 basis points, from 3.75 to 4 per cent, as policymakers responded to…

Financial News

CNBC — Finance

cnbc.com

Financial News CNBC — Finance

Here is what changed in the new Fed statement under Warsh

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.

Local UAE News

The National — UAE

thenationalnews.com

Local UAE News The National — UAE

Najat Al Saghira, Egyptian star of screen and song, honoured in Abu Dhabi

Scholars and authors from across the Arab world were honoured for their contributions at the 20th Sheikh Zayed Book Award on Wednesday. Sheikh Theyab bin Mohamed bin Zayed highlighted the award’s importance as a global platform expanding the presence of Arab creativity. The event is held during…

Local UAE News

The National — UAE

thenationalnews.com

Local UAE News The National — UAE

Iran's IRGC behind 'many' cyber attacks on UAE, says security chief

The UAE's cyber security chief said the country is continuing to contend with a barrage of daily online threats, with Iran's Islamic Revolutionary Guard Corps behind many of the attacks. Dr Mohamed Al Kuwaiti said the Emirates faced 640,000 attacks on Tuesday alone, and that Iran remains "one of…

Business News

The National — Business

thenationalnews.com

Business News The National — Business

US Fed raises interest rates and signals one more this year as inflation risks mount

The US Federal Reserve has raised interest rates by 25 basis points and signalled there could be one more rise this year to clamp down on high inflation driven by rising oil prices due to supply disruptions in the Middle East. The move, which ended about nine months of stasis and is the Fed’s…

Business News

The National — Business

thenationalnews.com

Business News The National — Business

Global gender equality will take 120 years, says WEF

The global gender gap has never been narrower – at 69.2 per cent closed – but it would take another 120 years to achieve gender equality at the current rate of progress, the World Economic Forum has said. That means full gender parity will not be reached within the lifetime of women alive today…

Business News

The National — Business

thenationalnews.com

Business News The National — Business

Nvidia's GTC will return to Washington and a very different political climate

Nvidia announced that one of its flagship AI conferences, GTC will be returning to Washington later this year. Unlike the last time it took place in the US capital, public perception of AI has drastically soured. Polls show increased concern in the US about the potential impact AI will have on the…

The News Center shows headlines and short excerpts that publishers make available through their official feeds. Each story belongs to its publisher; open it to read the full article on the original website.