ABU DHABI / WAM The United Arab Emirates has secured the presidency of the Federation of Afro-Asian Insurers Reinsurers during the General Assembly elections held at the Abu Dhabi National Exhibition Centre. Khaled Mohammed Al Badi, Chairman of the Emirates Insurance Association, assumes the presidency of the Federation of Afro-Asian Insurers Reinsurers for the upcoming term of 2023-2025. Al Badi …

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, said that the UAE-Bahrain ties have deep-rooted historical relations established by the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Isa bin Salman Al Khalifa. While chairing the 11th session of the UAE-Bahrain Joint Higher Committee, Sheikh Abdullah welcomed Bahrain’s Foreign Minister Dr …

BLOOMBERG Brazil raised its estimate for this year’s budget gap to account for rising government spending and declining revenue amid a weakening economy. The primary fiscal deficit, which doesn’t take into account interest payments, will reach 177.4 billion reais ($36.1 billion) this year, compared with a previous forecast of 141.4 billion reais, according to an official report. Public expenses were …