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India’s plan to remove 2000 rupee notes from circulation boosts bonds

BLOOMBERG  India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest. As much as 1 trillion rupees ($12.1 billion) may be added to India’s financial system as authorities remove 2,000 rupee notes from circulation, according to QuantEco Research and Kotak Mahindra ...

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Sheikh Abdullah bin Zayed chairs ECSSR Board of Trustees meeting

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Chairman of the Emirates Centre for Strategic Studies and Research (ECSSR), has presided over the meeting of the centre’s Board of Trustees. HH Sheikh Abdullah was briefed about the annual report, work plans, and programmes of the centre, as well as its continuous development ...

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Sharjah’s SCCI to foster investment prospects with Guatemala, Indonesia

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has received diplomatic delegations from Guatemala and Indonesia to further strengthen economic ties and explore investment opportunities. The discussions primarily focussed on amplifying bilateral relations in industry, agriculture, food security, livestock, and more, as well as broadening trade exchanges and organising events to promote local products and markets. Welcoming ...

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