Bloomberg The euro area is preparing to make available credit lines from its bailout fund worth up to 2% of each country’s output, as the region’s finance ministers seek to lay out the next phase of their fiscal response to the coronavirus outbreak. The tentative progress comes as an array of forecasts and sentiment indicators have pointed to a severe ...

ABU DHABI / WAM In line with precautionary measures to ensure the health and safety of visitors, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has decided to temporarily close all cultural sites in the emirate starting from Wednesday until further notice. They include Bait Al Oud, Berklee Abu Dhabi and Al Qattara Art Centre. These ...

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, chaired the Annual General Meeting of Dubal Holding LLC (DH), the investment arm for the Government of Dubai for power and energy, commodities, mining and industrial projects, at the Ruler’s Court. Saeed Mohammed Al Tayer, Vice Chairman of Dubal Holding, the ...