Bloomberg The yen took a further step towards the closely watched 150 per dollar level, keeping investors on high alert for possible intervention to support the currency. In volatile trade, Japan’s currency falls to as low as 149.29 yen in morning trading in London, its lowest since 1990, before bouncing back quickly. The move came after the country’s prime minister ...

ABU DHABI / WAM Under the directives of President HH Sheikh Mohamed bin Zayed Al Nahyan, the UAE signed a $25 million cooperation agreement in support of Al Makassed Hospital in East Jerusalem. This came as part of the UAE’s efforts to support the medical and healthcare sectors in Palestine in collaboration with the World Health Organisation (WHO) and in ...

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, has submitted an offer to Abu Dhabi Aviation PJSC (ADA) to combine its full 100 percent shareholding of Etihad Engineering and Ammroc, as well as its 50 percent ownership of GAL, into ADA, with the goal of establishing a diversified aviation services and MRO business, with strategic ...