ABU DHABI/ WAM The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) exchanged of Memorandum of Understanding (MoU) aimed at expanding cooperation in several sectors between the two central banks. The MoU was signed by Khaled Mohamed Balama, Governor of CBUAE, and Perry Warjiyo, Governor of BI. Under this MoU, an extension of the already established framework of …

DUBAI/ WAM The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced at COP28 an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a strategic plan encompassing seven key points designed to expedite …

DUBAI/ GULF TIME The Nigeria Trade House is proud to announce a new partnership with the GCC region to establish economic collaboration as Nigeria sets its sights on becoming a leading global player in agricultural exports. H.E. Dapo Abiodun, Governor of Ogun State graced the event at the JAFZA One Auditorium, and the inauguration of the Nigeria Trade House’s warehouse …