BLOOMBERG Zimbabweans frantically trying to protect their savings from a collapsing currency have driven the country’s main stock index up by 600% this year. Local traders see more gains in store because there are few alternative assets to buy. Zimbabweans often turn to equities as a haven from currency meltdowns and episodes of hyperinflation, as happened in June 2020 when ...

DUBAI / WAM Emirates Islamic has announced its partnership with the Arab payment system Buna, to enhance and facilitate cross-border transactions in the Arab region. Buna is operated by the Arab Regional Payments Clearing and Settlement Organisation “ARPCSO,” a subsidiary of the Arab Monetary Fund (AMF). In line with the bank’s commitment to drive innovation in the Islamic banking sector, ...

AJMAN / WAM The Ajman Department of Tourism Development (ADTD) has announced that it has successfully obtained the ISO 30405:2016 certification in Recruitment Management and Talent Attraction from the esteemed International Organisation for Standardisation (ISO). The certification is a testament to the department’s commitment to comprehensive administrative practices and its expertise in talent attraction and evaluation. ADTD has established a ...