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Mohammed bin Rashid tours GITEX Global 2024

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, toured GITEX Global 2024, the world’s largest tech and startup event, which commenced at the Dubai World Trade Centre (DWTC) on Monday. Running from October 14 to 18, the 44th edition of GITEX Global brings together over ...

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Aldar, Mubadala launch two towers on Al Maryah Island

ABU DHABI / WAM Aldar Properties and Mubadala Investment Company on Monday broke ground at One Maryah Place, a two-tower Grade A commercial development on Al Maryah Island, Abu Dhabi’s leading business and lifestyle destination. Located within Abu Dhabi Global Market (ADGM), the project is set to add further high-quality commercial space to the ADGM freezone as demand continues to ...

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China’s central bank conducts $2.76 billion via reverse repos

BEIJING / WAM China’s central bank conducted 19.5 billion yuan (about $2.76 billion) of seven-day reverse repos at an interest rate of 1.5 percent on Monday. Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liquidity in the banking system reasonable and ample, the central bank said.A reverse repo is a process ...

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