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SBA participates in Bologna Children’s Book Fair

SHARJAH / WAM The Sharjah Authority (SBA) is participating in the 53rd edition of the Bologna Children’s Book Fair, the major literary event, being held from April 4-7 in Italy. The event is hosting more than 1,200 exhibitors from 98 countries, with Germany – home of the world’s first printed book – being celebrated as its ‘Guest of Honour.’ SBA’s ...

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UAE to facelift Arab Monetary Fund HQs

Abu Dhabi / WAM The UAE, represented by the Ministry of Presidential Affairs, announced that it will cover all costs for the renovation project of the permanent headquarters of the Arab Monetary Fund in Abu Dhabi which was established in April 1976. The project will also see the construction of a residence for the Arab Monetary Fund’s Director-General. The announcement ...

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OCBC to buy Barclays’ Asia wealth division for $320mn

SINGAPORE / Reuters Barclays has agreed to sell its wealth and investment management business in Hong Kong and Singapore to Oversea-Chinese Banking Corp (OCBC), as the British lender continues its drive to reduce risk and simplify. OCBC, Singapore’s second-biggest lender, said on Thursday it had agreed to pay $320 million for the units – its second-largest private banking deal since ...

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