The United Arab Emirates has announced that Eid Al Fitr prayers will be held indoors only this year. This decision aims to ensure safety and order during the festive period amid growing concerns.
Financial Resilience Package
In response to ongoing regional conflicts, the Central Bank of the UAE (CBUAE) has approved a proactive financial institution resilience package. This package, supported by the bank’s assets totaling AED 1 trillion, is designed to:
- Strengthen the UAE’s financial system
- Bolster the banking sector
- Ensure economic stability despite geopolitical pressures involving the US, Israel, and Iran
Defense Capabilities
On March 17, UAE air defences successfully engaged multiple threats, intercepting:
- 10 ballistic missiles
- 45 unmanned aerial vehicles (UAVs)
These threats originated from Iran. Since the onset of Iranian attacks, the UAE has intercepted a total of:
- 314 ballistic missiles
- 15 cruise missiles
- 1,672 UAVs
This track record displays the UAE’s robust defense capabilities. The government has firmly rejected Iran’s claims that these attacks are retaliatory strikes.
Aviation Sector Expansion
Despite regional tensions, UAE’s key airlines including Emirates, flydubai, Etihad Airways, and Air Arabia have expanded their services. They now operate to approximately 150 destinations worldwide, showcasing the resilience of the nation’s aviation sector.
These developments underscore the UAE’s commitment to safeguarding its people, economy, and infrastructure amid challenging times. Stay tuned to Questiqa World News for more latest updates.
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