Abu Dhabi / WAM Under the auspices of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the guidance of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, Sheikh Zayed Festival 2022-2023 will be launched on November 18 at Al Wathba, Abu Dhabi. The Higher Organising Committee of the Sheikh Zayed ...

The Czech central bank confirmed a preference for keeping borrowing costs stable, defying its new forecast that called for significant monetary tightening. Policy makers left the benchmark rate at 7%, keeping it unchanged for a third meeting after the bank’s new leadership halted a year of rapid hikes. Officials also reaffirmed their intervention policy of preventing excessive koruna swings, which ...

India’s central bank started a pilot program of its digital currency, allowing select banks to use it for settling secondary-market transactions in government securities. Several lots of bonds were traded, with data from Clearing Corp of India showing 7.38% 2027 debt and 7.26% 2032 bonds were among the first to change hands using new form of currency. Nine banks are ...