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UAE and Egyptian Presidents hold meeting to discuss bilateral relations

EL ALAMEIN/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in New Alamein City as part of a private visit lasting several days. During their meeting, His Highness and the Egyptian President discussed the strong fraternal relations between their countries across wide-ranging areas of ...

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UAE, Azerbaijan agree to develop economic partnership

SHUSHA/WAM The ninth session of the UAE-Azerbaijan Joint Intergovernmental Commission (JIC) for Economic, Trade and Technical Cooperation between the two countries was held in the Azerbaijani city of Shusha, chaired by Abdullah bin Touq Al Marri, Minister of Economy; and his Azerbaijani counterpart Mikayil Jabbarov. The session was attended by several senior officials and government and private sector representatives from ...

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Brazil’s Central Bank holds interest rate steady at 10.5% amid inflation pressure

BRASÍLIA/WAM Brazil’s central bank held its interest rate steady for the second consecutive meeting. Policymakers voted unanimously to keep the benchmark rate, known as the Selic, unchanged at 10.5% on Wednesday, Bloomberg reported. In June, Brazil’s central bank halted the interest rate cuts that had been in place for nearly a year. Recently, the government has called for a reduction ...

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