Bloomberg China’s requirement for how much cash banks must hold as reserves is “very high” and should be reduced at an “appropriate time,” a senior banking regulator said, according to a media report. Other financing tools can be used to manage the money supply after easing the required reserve ratio, China Banking Regulatory Commission official Yu Xuejun said at ...

  DUBAI / Emirates Business The Dubai Festivals and Retail Establishment (DFRE), an agency of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), lauded the solid partnership between the government and private sectors, describing it as a unique role model of public-private collaboration that works collectively with a single-minded purpose to achieve the common goal of promoting a destination. ...

  Sharjah / Emirates Business ‘Horouf,’ the innovative educational imprint of Kalimat Group – a publishing house dedicated to printing and distributing quality children books in Arabic – is continuing with its programme of activities taking place at its winter camp for children at Maktaba Al Qasba, Sharjah. Titled ‘Shitaa Bil Arabi’ (Winter in Arabic), the camp is set to ...