DUBAI / FRANKFURT / Reuters Deutsche Bank is to stop clearing cheques denominated in euros for some banks in the Middle East, according to sources familiar with the matter, joining other big banks that cut services in the region. Cheque usage globally has been on the wane as consumers and businesses turn to faster, digital payment alternatives and in …

  Bloomberg Ghana’s central bank cut its benchmark interest rate for a second time in four months as the cedi recovered from record lows and inflation slowed to the lowest rate in more than three years. The Bank of Ghana cut the rate to 23.5 percent from 25.5 percent, Governor Abdul Nashiru Issahaku told reporters on Monday in the capital, …

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the award of two contracts for constructing the 7th Interchange on Sheikh Zayed Road, as well as Al Yalayis and Al Asayel Roads, at a cost of AED 1.2 billion. The two projects will enhance the …