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Bloomberg Southeast Asia’s been home to almost half of the biggest growth drivers in the past half-century. To keep investors interested, it’ll have to make the right moves across technology, education and infrastructure, according to Diaan-Yi Lin, a senior partner at McKinsey & Co. Among 71 developing economies of the past half-century, 18 are responsible for the lion’s share of ...

Bloomberg Pakistan raised its key rate to the highest in three years, making it Asia’s most aggressive interest-rate hiker this year as the country’s finances continue to dwindle. The target policy rate was raised for the third straight meeting to 8.5 percent from 7.5 percent, the State Bank of Pakistan said in a statement on Saturday. The move was predicted ...

DUBAI / WAM The Director of Dubai Customs, Ahmed Mahboob Musabih, has received a delegation comprising representatives of Japanese companies headed by the Japanese Consul-General to Dubai, Dr. Akima Umezawa. During the meeting, the parties discussed means of boosting economic cooperation between Japan and UAE and expanding cooperation with Japanese businesses and diplomatic missions. Musabih reaffirmed the importance of cooperating ...

AJMAN / WAM The Federal Tax Authority (FTA), held an awareness session in the Emirate of Ajman for retailers and other representatives from the private sector in all Northern Emirates in collaboration with the chambers of commerce, introducing them to the simplified online procedures for registering in the Tax Refunds for Tourists Scheme. The FTA revealed a notable increase in ...

NEW YORK / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, continued holding bilateral meetings with his counterparts on the sidelines of the 73rd session of the United Nations General Assembly (UNGA 73), at the UN headquarters. His Highness met Ismail Ould Cheikh Ahmed, Minister of Foreign Affairs of Mauritania; Kang Kyung-wha, ...

NEW YORK / WAM UN Secretary-General Antonio Guterres, received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, in New York. During the meeting, which took place on the sidelines of the 73rd session of the UN General Assembly (UNGA 73), the two sides reviewed regional developments, particularly in Yemen, Libya and Syria. Secretary-General ...

NEW YORK / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, has hosted a Women Entrepreneurs Finance Initiative, We-Fi, event on the sidelines of the 73rd session of the United Nations General Assembly (UNGA 73), in New York. We-Fi is a collaborative partnership among 14 governments, eight multilateral development banks, and other public and private sector ...

ADEN / WAM The Emirates Red Crescent (ERC), has distributed 16,000 food baskets to residents of liberated Yemeni governorates during the past five days. This latest food aid distribution has assisted 112,000 Yemenis, of which were 80,000 children and 16,000 women. The food baskets were distributed across Aden, Dhala, Abyan, Lahej, Hodeidah, Hadramaut, Shabwa, and Mahra, in a bid to ...

New York / Emirates Business The Badiri Education and Development Academy, the learning and capacity-building arm of the NAMA Women Advancement Establishment (NAMA), launched the Badiri E-Academy, an e-learning platform whose resources can be accessed online – in Arabic and English for now- by anyone around the world. The online academy was launched in a private event at the Permanent ...

Dubai / WAM Dubai Future Accelerators programme, an initiative by the Dubai Future Foundation, has announced the launch of its 5th Cohort with the participation of more than 40 local and global technological advanced companies and start-ups. The nine-week programme aims to find innovative and smart solutions that employ modern advanced technologies such as Artificial Intelligence, Blockchain, Internet of Things, ...