The UAE Central Bank keeps the base rate at 5.4%

Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]

Jale Özgentürk: Housing ‘wave’ from the government

“Lottery offered to those who want to own a house”, “Good news from the government for those who do not have a home”. These are the headlines from the pages of pro-government newspapers these days when housing has become a crisis. What AKP does best is “perception management“We are experiencing a new example again… This […]

Lisbon launches new income support with displaced professionals in mind | Housing

The Lisbon City Council (CML) moves forward this Monday with the promotion of a new phase of the income support program that aims to “give an immediate response” to those who have difficulty paying the monthly installment of house rent, especially those displaced professionals. For those who are spending more than 30% of their income […]

Economy: Crafts President warns of collapse in construction – economy

Crafts president Jörg Dittrich warns of a collapse in the construction industry. “We are driving towards a wall at high speed in construction and the federal government simply cannot put the brakes on,” Dittrich told Bild am Sonntag. But the construction industry, with its 2.3 million employees, is “a key industry for this Crafts. And […]

Spending on purchasing digital applications in the UAE grew to 1.6 billion dirhams

Abu Dhabi – Mubasher: The volume of spending on purchasing digital applications in the UAE increased during the year 2022, by 25.3 percent on an annual basis. According to a report issued by the UAE Telecommunications and Digital Government Regulatory Authority, the volume of spending on purchasing digital applications during the year 2022 amounted to […]