BLOOMBERG  Switzerland’s lenders are strong enough to cope with possible additional interest-rate increases by the Swiss National Bank (SNB), its vice president, Martin Schlegel, told Schweiz am Wochenende. Most lenders have sufficient capital buffers to handle even an abrupt increase in borrowing costs, Schlegel said in an interview published in the weekly newspaper. While further monetary tightening could lead to ...

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Friday met with a number of former classmates and their families. During the meeting, His Highness engaged in conversation with those present, expressing his happiness to be meeting with them again and recalling fond memories of their time spent together. Also in attendance was His Highness ...

ISLAMABAD / WAM  COP28 UAE President-Designate Dr Sultan Al Jaber met the Prime Minister of Pakistan Shehbaz Sharif, senior government and diplomatic officials and youth climate advocates in Islamabad as part of his global listening and engagement tour. During his visit, he called for greater collaboration on climate and support for developing countries on the frontlines of climate change. Dr ...