Dubai / WAM The UAE is launching a fiscal risk management project with the IMF’s help and will produce its first fiscal stress test this year, according to Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund (IMF). Speaking at the main session of the Fourth Annual Arab Fiscal Forum organized by the IMF, Arab Monetary Fund, AMF, ...

Sharjah / WAM The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organisation dedicated to helping people in need worldwide, announced the commencement of a project to establish the first Ready Made Garments (RMG) Factory for Kids Wear, in Upper Egypt. The project, to be implemented by Egypt Network for Integrated Development (ENID), under the United Nations Development Programme (UNDP), ...

Bloomberg The US has some “some hard work” to do with North Korea before President Donald Trump meets Kim Jong un in Vietnam later this month, according to its special envoy Stephen Biegun. Trump is “very much looking forward to taking the next steps,” according to a pool transcript of Biegun’s remarks on Saturday. The envoy on North Korea spent ...