Bloomberg The International Monetary Fund (IMF) is ready to mobilise its $1 trillion lending capacity to help nations counter the coronavirus outbreak, with Managing Director Kristalina Georgieva calling for global coordination on monetary, fiscal and regulatory support. Georgieva reiterated in a blog post that the fund has $50 billion in flexible and rapid-disbursing emergency funds for developing nations, with as ...

Emirates Business The first ‘Adnoc On the go’ neighbourhood service station has officially opened its doors to the local community at Al Bateen, Abu Dhabi. Unveiled at Adipec in November 2019, the neighborhood station, which was conceptualised by an in-house team of designers. Smart technology enabled, the next-generation station allows customers to shop at the Adnoc Oasis convenience store, ordering ...

Abu Dhabi / WAM Abu Dhabi’s property developer and investor, Aldar Properties, announced an AED100 million commitment to support residents, tenants, customers and partners as part of its long-term sustainable stakeholder management approach. Commenting on the announcement, Mohamed Khalifa Al Mubarak, Chairman of Aldar, said, “We commend and are grateful for our wise leadership for its prompt and decisive action ...