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Nigeria’s naira crashes to record low

  Bloomberg Nigeria’s naira declined further to record lows in both official and unauthorised markets ahead of the central bank of Nigeria rate decision. The local currency unit weakened 1.18% in early morning trading to 436.42 against the dollar in the spot market as of 9 a.m. in the commercial capital of Lagos. It slipped to 720 a dollar in ...

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Dubai has become a global centre for green economy

  Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, inaugurated the 24th Water, Energy, Technology and Environment Exhibition (Wetex) and Dubai Solar Show (DSS). Wetex & DSS is organised by Dubai Electricity and Water Authority (Dewa) under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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DP World donates $2.5mn for flood victims in Pakistan

  Dubai / WAM DP World Chairman and CEO Sultan Ahmed Bin Sulayem visited Pakistan last week, where he pledged logistics support and donated $2.5 million to help people in the south of the country following the recent devastating floods. After visiting flood-affected areas, the Chairman met with Pakistan’s President Arif Alvi and Chief of Army Staff General Qamar Javed ...

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