Author: dailyguardian.ae

The UAE Central Bank on Wednesday decided to maintain the base rate applicable to the overnight deposit facility at 5.40 per cent. The UAE’s decision follows that of the US Federal Reserve, which on Wednesday decided to leave interest rates unchanged. The UAE follows US monetary policy as the dirham is pegged to the dollar. In a statement after the two-day Federal Open Market Committee meeting, the Fed decided to maintain the target range for the federal funds rate at 5.25 to 5.5 per cent. In its statement, the Fed noted that “there has been modest further progress” toward its…

At least 30 workers were among dozens killed in a massive fire that broke out in a building housing workers in the city of Mangaf in southern Kuwait early Wednesday. According to the Health Ministry, the blaze also injured nearly 50 workers. In a post on X, Prime Minister Narendra Modi offered condolences to the families of those killed in the fire. “The fire mishap in Kuwait City is saddening. My thoughts are with all those who have lost their near and dear ones. I pray that the injured recover at the earliest. The Indian Embassy in Kuwait is closely…

Thought of travelling for the Eid Al Adha break but yet to book flight tickets? Prepare to pay more than thrice the usual airfare, Khaleej Times has learnt. When Indian expat Shahbaz Ali booked his family’s ticket to Bengaluru a month ago, he paid Dh2,700 per person for a business-class seat. He didn’t buy one for himself as he had scheduled meetings on those dates. Stay up to date with the latest news. Follow KT on WhatsApp Channels. His clients, however, started cancelling their meetings because they were travelling. So, Ali decided to join the family — but when he…

Australia fast bowler Josh Hazlewood believes “it’s in our best interest” to see defending champions and bitter rivals England suffer an early exit at the T20 World Cup, refusing to rule out manipulating the system to achieve their aim. Australia have already secured their place in the second round Super Eights with three wins in three matches in Group B. England have just one point from two games and need to win their remaining two matches to have any chance of joining the Australians in the next phase. Scotland are currently second with five points and set to grab the…

RAK Hospital Enhances Urological Care with Pioneers and Advanced Prostatic Treatments Introduces the Breakthrough Minimally Invasive UroLift Procedure, Offering Significant Benefits Over Traditional Methods June 12, 2024, Ras Al Khaimah, UAE – RAK Hospital has strengthened its urological care services by onboarding esteemed urology pioneers Dr. Keshavamurthy Mohan and Dr. Karthik Rao from India. The hospital now offers a comprehensive range of prostatic treatments, including the cutting-edge UroLift procedure for prostate enlargement. Dr. Raza Siddiqui, Executive Director of RAK Hospital, expressed pride in welcoming Dr. Keshavamurthy Mohan and Dr. Karthik Rao, noting, “We are honored to have these renowned urology experts join…

Father’s Day is one of the best times of the year to score a deal on the some of the best TVs. From QLED TV deals to OLED TV deals, we’ve seen plenty of awesome models hit shelves in 2024, especially when it comes to Samsung TV deals. Speaking of which: You can score an amazing deal on a massive Samsung when you purchase through Walmart. This is a 75-inch Samsung The Frame TV deal, and the sale price is $2,000. That’s $1,000 off the normal cost! Why you should buy Samsung’s The Frame TV Taking a look at The…

All building violations in Kuwait would be addressed without prior warning as of Thursday, announced Kuwaiti First Deputy Prime Minister, Defense Minister and Interior Minister Sheikh Fahad Yousef Saud Al-Sabah on Wednesday, according to the Kuwait News Agency. The warning came following a massive fire in an apartment building that killed at least 41 people and injured more than 50 others on Wednesday morning. The building is located in Mangaf area in Kuwait’s southern Ahmadi Governorate. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “As of tomorrow (Thursday), the Municipality and its teams will respond…

Over the past few years, customer experience in the logistics sector has undergone a remarkable transformation. From traditional supply chain management to the integration of cutting-edge technologies, the logistics industry has evolved to meet the growing demands of today’s consumers. The e-commerce sector in the UAE is poised for remarkable expansion, expected to surge to an impressive $17 billion by 2025. In various sectors, firms exhibiting advanced levels of customer experience maturity tend to observe substantial improvements in their financial performance. Drawing from our broad project portfolio spanning diverse industries, these companies can slash their expenses by as much as…

Scottie Scheffler appears unstoppable as Thursday’s first round of the US Open approaches, with many top rivals amazed the world number one already has five wins this year including the Masters. “He’s the gold standard right now,” said 2020 US Open winner Bryson DeChambeau. “Undoubtedly the best player in the world at the minute by a long way. It’s up to us to try to get to his level,” said four-time major winner Rory McIlroy, who dubbed Scheffler “relentless.” Two-time major winner Jon Rahm said Scheffler is “basically replicating a Tiger Woods season. It’s fantastic.” What can stop Scheffler? Well,…

Must-Have Apps for a Perfect Eid al-Adha Getaway in Dubai Venture Out with Premium Car Rental Apps  Car rental apps revolutionize travel by offering diverse vehicle options to suit various preferences and needs, from economical models to luxury rides, enabling travelers to explore Dubai at their own pace. Apps like Yango Drive provide access to a vast catalog of 3,500 cars for short or long-term rentals, while car-sharing platforms such as Udrive and ekar offer flexibility for short rides or day-long excursions. Whether planning a family trip or a staycation, having personal transportation ensures seamless exploration of Dubai’s attractions without…