BLOOMBERG In most countries, the currency turning from the world’s worst to best in the space of a month would be good news. Not in the largely dollarised economy of Zimbabwe, where the local dollar has recouped nearly half of its value against the US dollar after a 90% plunge this year. That’s hurting businesses selling goods using exorbitant exchange ...

BLOOMBERG A rally in European bonds gained steam on Tuesday after a key European Central Bank (ECB) official raised hopes that the end of the rate-hiking cycle is in view. Yields tumbled across the region, with those on Italian debt sinking 12 basis points after ECB Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything ...

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, today received Nabil Ammar, Tunisia’s Minister for Foreign Affairs, Migration and Tunisians Abroad, in Abu Dhabi. The meeting discussed ways to strengthen UAE-Tunisia ties and cooperation across economic, trade and investment fields. Sheikh Abdullah underscored the deep-rooted relations between their countries, and affirmed that the ...