BLOOMBERG  Hong Kong plans to raise the maximum protection on bank deposits in a move designed to better shield people during times of severe stress. The Hong Kong Monetary Authority (HKMA) proposed to increase the amount of savings covered by the government guarantee in the event of bank failure to HK$800,000 ($102,272) per depositor at each Hong Kong bank, up …

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) is committed to fostering connections and driving growth in the emirate. The economic zone regularly organises networking events across industries, recognising the power of working together in today’s ever-changing business landscape. These networking events serve as regular platforms for businesses to meet, exchange ideas, and unlock new possibilities. The …

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has received the Net-Zero statement of verification and assurance certificate in recognition of its relentless efforts in climate action. This followed a comprehensive assessment conducted by W3 Solutionz – USA through CanaGulf International Standardisation, based on the International Workshop Agreement Guidelines IWA 42:2022. These were announced for the first time during …