BLOOMBERG European Central Bank (ECB) President Christine Lagarde reiterated that borrowing costs will remain elevated for as long as needed to tame consumer prices — even as the economy struggles. “Our future decisions will ensure that the key ECB interest rates will be set at sufficiently restrictive levels for as long as necessary,” Lagarde told lawmakers in the European Parliament. …

AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, issued Emiri Decree No 9 of 2023 regarding the establishment of the Ajman Government Media Office. The establishment of the office aims to boost the emirate’s stature and its media identity and reach globally, and reinforce transparency by providing accurate and reliable information …

SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, oversaw the signing of a memorandum of understanding (MoU) between the University of Sharjah and the Sharjah Health Authority. The MoU signing took place at the Sharjah Academy for Astronomy, Space Sciences and Technology (SAASST). The MoU …