2025

Business

Emirates Flight Catering Breaks Ground on AED 160 Million Laundry Facility – Business – Economy and Finance

Emirates Flight Catering has broken ground on a new AED 160 million (USD 44 million) laundry facility at Dubai Investment Park, marking a major expansion of its laundry services arm, Linencraft. The move comes in response to soaring demand across the UAE’s hospitality, aviation, and healthcare sectors. Scaling for impact: 50% capacity growth, 400...

Business

New genetic study identifies neurological mechanisms as key drivers of chronic cough – Health

A team at the University of Leicester, working with researchers from the University of Copenhagen and Queen Mary University of London, has conducted the first study of its kind to investigate the genetics of chronic cough. Their findings were published in the European Respiratory Journal. The study included almost 30,000 individuals experiencing chronic cough from...

Business

CBUAE maintains Base Rate at 4.40% – Business – Economy and Finance

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain the interest rate applicable...