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Romanian central banker sees no need to tighten policy

  Bloomberg There’s no need at the moment for tighter monetary policy in Romania because the economy is experiencing the “best macroeconomic picture” since the collapse of communism and growth hasn’t become unsustainable, central bank Deputy Governor Liviu Voinea said. The consumer-led expansion in the European Union’s second-poorest member isn’t showing signs of overheating, recording a positive output gap — ...

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UAE, WHO sign AED50.5mn pact to develop Yemen’s health sector

  Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region and Chairman of the Emirates Red Crescent (ERC), stressed that the United Arab Emirates, under the leadership of President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, continues to implement its developmental and humanitarian initiatives to alleviate the suffering of people in Yemen. ...

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UAE, Bulgaria seek stronger trade and investment ties

  Sofia / WAM Bolstering economic relations, and trade and investment between the United Arab Emirates (UAE) and Bulgaria are the focus of talks between UAE Minister of Economy Sultan bin Saeed Al Mansouri and Bulgarian Prime Minister Boyko Borisov in the Bulgarian capital. Trade between the UAE and Bulgaria stood at US$500 million in 2015, said Al Mansouri, who is ...

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