BEIJING/WAM China’s central bank on Friday conducted a 700-billion-yuan (about US$98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. According to Xinhua news agency, the MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month. After the operation, …

WASHINGTON/WAM The World Bank Group announced on Thursday the “Gender Strategy 2030” aimed at boosting economic opportunities for more women. The targets, unveiled at a flagship event during the 2024 World Bank Group Annual Meetings, will focus on use of broadband, social protection, and access to capital. These efforts will contribute to one of the three pillars of the Gender …

GULF TIME Lucibel.le, specializing in LED technology for cosmetics and beauty, will unveil its latest innovation at the Beautyworld Middle East trade show, taking place from October 28 to 30, 2024. The French brand will exhibit at the Dubai World Trade Center, at the French Pavilion, Hall 2, Stand G24. A disruptive technology for skincare professionals… This year, continuing to …