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UAE aid ship carrying 2,000 tonnes of relief arrives at Beirut Port to support Lebanese people

BEIRUT/WAM On Friday, 25th October, a UAE aid ship carrying 2,000 tonnes of urgent relief to the brotherly Lebanese people arrived at Beirut Port, as part of the ‘UAE Stands with Lebanon’ campaign which was launched at the beginning of October. The ship is part of the UAE’s continuous humanitarian support to Lebanon during the ongoing crisis, following the directives ...

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China conducts $98.5 billion MLF to inject liquidity

BEIJING/WAM China’s central bank on Friday conducted a 700-billion-yuan (about US$98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. According to Xinhua news agency, the MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month. After the operation, ...

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World Bank launches new strategy to boost economic opportunities for women

WASHINGTON/WAM The World Bank Group announced on Thursday the “Gender Strategy 2030” aimed at boosting economic opportunities for more women. The targets, unveiled at a flagship event during the 2024 World Bank Group Annual Meetings, will focus on use of broadband, social protection, and access to capital. These efforts will contribute to one of the three pillars of the Gender ...

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