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Taiwan dollar gains after strongest close since 2011

Bloomberg The Taiwan dollar extended its winning streak on Tuesday, a day after it closed at the strongest level since 2011 amid speculation the local central bank will continue to loosen its grip on the rallying currency. The advance builds on September’s 1.4% gain, one of the largest for major currencies versus the US dollar. While for months Taiwan’s central ...

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Mohamed, Prince of Monaco discuss ways to strengthen ties

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a telephone call from Prince Albert II of Monaco. During the call, His Highness Sheikh Mohamed and Prince Albert discussed ways of boosting bilateral ties and cooperation relations between the two ...

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Businesses return to growth in top three Arab economies

Bloomberg Business activity in the Arab world’s three largest economies returned to growth, with Egypt seeing its first expansion in 14 months. After a deterioration in August, the non-oil private sectors improved last month as companies adjusted to economic challenges of the global pandemic while governments eased restrictions put in place to stop the coronavirus. A measure of non-oil private ...

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