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RBI eyes monsoon impact on inflation with policy hold

BLOOMBERG  The Reserve Bank of India (RBI) left its key interest rate unchanged for a second meeting and retained its tightening stance, signalling rate-setters want to see inflation moderating further while weaker monsoon risks remain a concern. A six-member monetary policy committee voted unanimously to keep the benchmark repurchase rate at 6.50%. All 40 economists in a Bloomberg survey predicted ...

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ADX, Luxembourg Stock Exchange sign agreement

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) and Luxembourg Stock Exchange (LuxSE) signed a memorandum of understanding (MoU), to establish a framework for cooperation between the two institutions. The MoU aims to facilitate the dual listing of a broad range of financial instruments, maximise access to European, Middle Eastern, and international investors, expand pre- and post-listing services, provide ...

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18th Conference of Youth to be held in UAE in November

BONN / WAM The Arab Youth Centre, the American University of Sharjah (AUS), and New York University Abu Dhabi’s Green House are honoured to announce their selection as official co-hosts for the upcoming 18th edition of the Conference of Youth (COY18). To be held in November in the UAE in the lead-up to the United Nations Climate Change Conference of ...

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