Bloomberg The Philippine central bank is done with easing monetary policy for this year after it cut interest rates three times and pumped liquidity into the banking system, Governor Benjamin Diokno said. When asked if there would be no more reductions in the benchmark rate or reserve requirement ratio in 2019, Diokno said “absolutely.” Monetary authorities have done “more than ...

Abu Dhabi / Emirates Business Etihad Guest, the award-winning loyalty programme of Etihad Airways, and Emirates Islamic, one of the leading Islamic financial institutions in the country, have signed a Memorandum of Understanding (MoU) to partner in launching a new jointly branded credit card. Yasser Al Yousuf, Vice President Commercial Partnerships, Etihad Airways said: “We are proud to expand our ...

ABU DHABI / WAM The Ministry of Culture and Knowledge Development hosted an inaugural forum at Manara Al Saadiyat, which gathered academics, researchers, writers and students from across the UAE to discuss the Status Report and Future of the Arabic Language. The report, which was launched last year under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

Abu Dhabi / WAM The UAE and Azerbaijan have discussed means to enhance cooperation and bilateral relations to achieve joint interests at the second UAE- Azerbaijan Political Consultative Committee meeting. The meeting, which kicked off in Abu Dhabi, touched upon various issues of common interest. Co-chaired by Khalifa Shaheen Al Marar, Assistant Minister of Foreign Affairs and International Cooperation for ...

Abu Dhabi / WAM Abu Dhabi’s Supreme Petroleum Council (SPC), launched, on Monday, a new pricing mechanism for the Abu Dhabi National Oil Company’s (Adnoc), flagship onshore crude oil, Murban, and announced a significant increase in oil and gas reserves and new discoveries in the emirate of Abu Dhabi, at its meeting held at Adnoc’s headquarters. The SPC meeting was ...

Dubai / WAM The Sustainable City in Dubai revealed ‘Sanad Village’, the world’s first and largest rehabilitation and education centre for People of Determination (people with disabilities). Details about the Sanad Village will be announced during the Sustainable City’s participation in the AccessAbilities Expo, held from November 5-7 at the Dubai International Convention and Exhibition Centre. The AccessAbilities Expo aims ...

ABU DHABI / WAM The United Kingdom approved approximately 99 percent of regular visa applications submitted by Emiratis from July 2017 to June 2018, a top UK official told the Emirates News Agency (WAM). The UK issued 5,940 visas in total to Emiratis during that 12-month period, which meant each visa was issued in an average of three working days, ...

Emirates Business Etisalat on Monday announced it received the ‘Best IPX Service’ award at the recently-held Global Carrier Awards 2019 in London. Over the past 15 years, the Global Carrier Awards has become the biggest and most prestigious awards event in the carrier community. More than 400 senior-level executives celebrated the highs in the global wholesale industry at this year’s ...

Dubai / WAM The joint venture between DP World and the France-based international container operator Terminal Link – PortSynergy Group (GMP), has been awarded the service concession for the construction and operation of berths 11 and 12 at Port 2000 in Le Havre, France. The terminals of Port 2000 in Le Havre are trade-enabling gateways for cargo entering the French ...

DUBAI / WAM Expo 2020 Dubai’s ambition to draw 25 million visits through its gates is on track after more than 1,000 Authorised Ticket Resellers (ATRs), signed up in key markets around the world. The global network, which includes online travel agents, tour operators, hotel groups and airlines, is crucial to Expo 2020 achieving its goal to welcome 70 percent ...