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Pope welcomes UAE committee to promote tolerance, cooperation

VATICAN CITY / WAM His Holiness Pope Francis of the Catholic Church welcomed the UAE’s committee which aims to spread the principles of tolerance and cooperation. He also thanked the UAE “for the concrete commitment shown on behalf of human fraternity”. Pope Francis and His Eminence the Grand Imam of Al Azhar, Dr Ahmed el-Tayyeb, signed the Document on Human ...

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Central Bank’s gross assets hit AED2975.8b

ABU DHABI / WAM The UAE Central Bank has announced that gross bank assets, including bankers’ acceptances, rose by 0.6 percent, climbing from AED2958.6 billion at the end of June 2019 to AED2975.8 billion at the end of July 2019. Gross credit increased by 0.7 percent from AED1692.7 billion at the end of June 2019 to AED1704.9 billion at the ...

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Japan wants to end auto tariff threat as part of US trade deal

Bloomberg Japan signaled it wanted to lay to rest the threat of new auto tariffs before agreeing to a final trade deal with US President Donald Trump, after he left the door open for slapping levies on the nearly $50 billion sector. Trump said he was not considering imposing punitive duties “at this moment,” after he and Prime Minister Shinzo ...

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