DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued Law No (25) of 2023 establishing the Dubai Investment Fund as an independent public entity operating on a commercial basis. The Law also endows the Fund with the financial and administrative independence to pursue its …

BLOOMBERG The Philippine peso has outperformed its Asian peers this year and a seasonal pick-up in overseas remittances ahead of Christmas will likely extend the gains. Remittances are a key pillar of the nation’s economy, which typically receives the highest cash transfers in the last month of the year as workers send money home for holiday spending. The inflows have …

DUBAI/WAM Dubai’s development vision is defined as much by its quest for futuristic technologies as it is by its focus on preserving its rich heritage and natural ecosystems. The importance accorded to wildlife habitats and endangered species is a prime example of Dubai’s commitment to environmental responsibility and sustainable practices. Protected areas for wildlife conservation in Dubai have flourished amid …