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China’s control of daily yuan level at degree last seen one decade ago

BLOOMBERG China’s iron-clad grip on the yuan has reached a level unseen for well over a decade in its daily reference rate, raising the risk of a buildup of currency pressure that may one day have to be released. The People’s Bank of China (PBOC) kept the so-called fixing for the managed currency little changed on Monday, not reacting to ...

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Rabdan Academy receives int’l accreditation from Pearson

ABU DHABI / WAM Rabdan Academy, specialising in safety, security, defence, emergency preparedness and crisis management, has received international accreditation from Pearson BTEC, a global leader in awarding prestigious academic and professional qualifications and conducting accreditation assessments. This accreditation enables Rabdan Academy to offer an array of specialised capacity-building and professional development programmes from the BTEC Qualifications, curated by a ...

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Emirates Energy Forum pushes UAE’s energy transition agenda

ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the second edition of the Emirates Energy Forum that brought together concerned stakeholders and leaders to accelerate the UAE’s energy transition agenda. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, said, “Just a few weeks away from the highly anticipated 28th UN Climate Change Conference (COP28), the ...

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