Bloomberg India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest, as the South Asian nation’s central bank continues to hoard dollars to cushion the economy against any sudden outflows. Reserves for both countries have mostly flattened out this year after months of rapid increase. India pulled ahead as Russian holdings declined at a faster rate in recent weeks. ...

Abu Dhabi / WAM The trade exchanges between the UAE and GCC states amounted to around AED229 billion in 2019, a 4 percent growth on 2018, according to Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF) In statements to the Emirates News Agency (WAM), Al Khouri noted that cooperation with its GCC partners lies at the heart ...

NEW YORK / WAM The UAE urged the UN Security Council (UNSC) to unequivocally condemn the obstruction of the delivery of humanitarian aid by armed groups and demand that they fully respect their obligations under international humanitarian law. The UAE submitted a written statement to UN Security Council for its open debate on conflict and food security convened by United ...