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    Climate change imposing significant financial costs on nations

    Climate change imposing significant financial costs on nations

    03 Jun 2023

    Inayat-ur-Rahman, Business Editor Climate change has proved to be a formidable force, imposing significant financial costs on nations all over the globe. To effectively combat these challenges, a self-sustaining...

    Sheikh Ahmed opens 30th Middle East Petroleum & Gas Conference

    Sheikh Ahmed opens 30th Middle East Petroleum & Gas Conference

    22 May 2023

    Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman, Chief Executive of Emirates Airline and Group, and Chairman of the Dubai...

    Masdar, Airbus to shore up growth of global sustainable aviation fuel market

    Masdar, Airbus to shore up growth of global sustainable aviation fuel market

    16 May 2023

    The Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Airbus, to support the development and growth of the global sustainable aviation fuel market. The signing ceremony...

    UAE and Morocco to strengthen financial, economic cooperation

    UAE and Morocco to strengthen financial, economic cooperation

    01 May 2023

    Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, recently met with Her Nadia Fettah Alaoui, Morocco’s Minister of Economy and Finance, on the sidelines of the Joint...

    Google shares dive 8% after AI chatbot Bard flubs answer in ad

    Google shares dive 8% after AI chatbot Bard flubs answer in ad

    09 Feb 2023

    Shares of Google's parent company lost more than $100 billion in market value on Wednesday after its Bard chatbot ad showed inaccurate information and analysts said its AI search event...

    Britain’s economy shrinks at start of feared long recession

    Britain’s economy shrinks at start of feared long recession

    11 Nov 2022

    Britain’s economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge for finance minister Jeremy Hunt as...

    CBUAE welcomes Investbank’s recent disclosure

    CBUAE welcomes Investbank’s recent disclosure

    08 Nov 2022

    The Central Bank of the UAE (CBUAE) supports the steps taken by the Board of Investbank, under the direction of the shareholders, which initiate the relevant legal proceedings with respect...

    Egypt and IMF reach staff-level agreement on EFF arrangement

    Egypt and IMF reach staff-level agreement on EFF arrangement

    27 Oct 2022

    Ivanna Vladkova Hollar, International Monetary Fund’s (IMF) Mission Chief for Egypt, has announced that the Egyptian authorities and the IMF team have reached a staff-level agreement on the economic policies...

    Forex Expo attracts huge response

    Forex Expo attracts huge response

    20 Oct 2022

    Sajjad Ahmad, Deputy Business Editor The world’s largest Forex trading event Forex Expo Dubai opened on Wednesday in Dubai World Trade Centre with the participation of over 120 global...

    IMF reaches staff-level deal with Tunisia for loan programme

    IMF reaches staff-level deal with Tunisia for loan programme

    16 Oct 2022

    Tunisia has reached a preliminary agreement with the International Monetary Fund (IMF) for a $1.9 billion rescue package that could be finalised in December, the fund said on Saturday. ...

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