BLOOMBERG  Bank of England (BOE) Governor Andrew Bailey said global markets are testing “quite a lot” of the banking sector for any signs of trouble after the failure of Silicon Valley Bank (SVB) and the rescue of Credit Suisse Group AG. While the UK banking system remains in a “very strong position,” Bailey said the past weeks brought “moves in ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Their Highnesses the Supreme Council Members, Rulers of the Emirates at Qasr Al Watan Palace and exchanged with them the Ramadan greetings on Monday. They prayed to Allah Almighty to perpetuate the blessings of security and stability, and to revisit the fasting month with more ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, were briefed on the latest preparations for hosting COP28, in the presence of members of the Higher Committee overseeing the planning. HH Sheikh Mohamed bin Zayed said: “Since its ...