Bloomberg The end of the interest-rate increase cycle in South Africa doesn’t mean that the South African Reserve Bank (SARB) will start reducing borrowing costs, Governor Lesetja Kganyago said. “We could be coming to the end of our hiking cycle,” Kganyago said in an interview with Bloomberg TV’s Francine Lacqua on Thursday. “That you are coming to the end …

  ABU DHABI / WAM Foreign investors secured AED6.4 billion in gains during April, 2017, augmenting the total market value of foreign stocks at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) to AED97.7 billion ($26.6 billion) by end of last month, a 7% increase from AED91.3 billion ($24.8 billion) in March. The growth is attributable to an …

  ABU DHABI / WAM Borouge and Borealis, leading providers of innovative, value-creating plastics solutions, announced the launch of Quentys, the new umbrella brand created to empower and potentially revolutionise the solar energy industry by making applications more affordable, reliable, and durable. As leading providers of polyolefin compounds for the global wire and cable industry for over 50 years, Borouge …