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UAE ministry, WFP, Food Tech Valley sign pact on food systems

DUBAI / WAM The Ministry of Climate Change and Environment (MoCCAE), the World Food Programme (WFP), and the Food Tech Valley signed a Memorandum of Understanding to strengthen innovation in food systems and agriculture. The MoU was signed during the UAE year of sustainability and as part of the ministry’s preparations for the Conference of the Parties COP28 hosted in ...

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Campaign launched for outdoor seating rules in Abu Dhabi

ABU DHABI / WAM The Abu Dhabi City Municipality, in partnership with the City Municipality Centre, has initiated a campaign aimed at enhancing public awareness and understanding of the rules governing the use of temporary outdoor seating areas and adjacent pavements near commercial establishments, including shops, eateries, cafes, and other service venues. The campaign seeks to inform the public about ...

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Indonesia set to extend interest rate pause as risks build up for rupiah

BLOOMBERG Indonesia’s central bank will probably leave its benchmark interest rate unchanged, as policymakers look set to act to support the rupiah only when volatility from global uncertainties become excessive. Thirty of the 31 economists surveyed by Bloomberg expect Bank Indonesia to keep its seven-day reverse repurchase rate at 5.75% for a ninth straight meeting. That is in line with ...

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