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    China’s central bank conducts $19.95 billion via reverse repos Friday

    China’s central bank conducts $19.95 billion via reverse repos Friday

    06 Sep 2024

    China’s central bank conducted 141.5 billion yuan (about US$19.95 billion) of seven-day reverse repos at an interest rate of 1.7 percent Friday. Xinhua News Agency quoted the People’s Bank of...

    Abu Dhabi showcases innovative projects at Gitex Global

    Abu Dhabi showcases innovative projects at Gitex Global

    20 Oct 2023

    Abu Dhabi Government’s participation at Gitex Global 2023 has revealed several projects and initiatives that use advanced technology to provide and deliver digital solutions. On the fourth day of...

    Adnoc and Borealis start work on $6.2b Borouge 4 facility in Ruwais

    Adnoc and Borealis start work on $6.2b Borouge 4 facility in Ruwais

    11 Feb 2022

    Sheikh Hamdan Bin Zayed Al Nahyan, the Ruler’s Representative in Al Dhafra Region, witnessed the ground-breaking ceremony of the $6.2 billion (Dhs22 billion) fourth Borouge facility, (Borouge 4), at the...

    UAE-Philippines trade rises 32% to Dhs1.33 billion ahead of Expo 2020

    UAE-Philippines trade rises 32% to Dhs1.33 billion ahead of Expo 2020

    28 Aug 2021

    Ahead of the Expo 2020 Dubai opening this October, the Philippine Department of Trade and Industry (PDTI) is optimistic that the global event would catalyze robust and sustainable increase in...

    IMF cuts Asia’s growth forecast, warns of pandemic-driven risks

    IMF cuts Asia’s growth forecast, warns of pandemic-driven risks

    21 Oct 2020

    The International Monetary Fund (IMF) slashed this year’s economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a sign the coronavirus pandemic continues to take a heavy...

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