Bloomberg Ghana’s central bank cut its benchmark interest rate for a second time in four months as the cedi recovered from record lows and inflation slowed to the lowest rate in more than three years. The Bank of Ghana cut the rate to 23.5 percent from 25.5 percent, Governor Abdul Nashiru Issahaku told reporters on Monday in the capital, ...
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March, 2017
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27 March
VP okays AED1.2bn road contracts
Dubai /Â WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the award of two contracts for constructing the 7th Interchange on Sheikh Zayed Road, as well as Al Yalayis and Al Asayel Roads, at a cost of AED 1.2 billion. The two projects will enhance the ...
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27 March
UAE pledges AED197mn to support seven key INTERPOL projects
Abu Dhabi / WAM The UAE announced on Monday a contribution of AED 197 million (EUR 50 million) to the INTERPOL Foundation for a Safer World to support seven INTERPOL projects designed to combat global crime and terrorism ahead of the first Unity for Security Forum in Abu Dhabi. Held under the patronage of His Highness Sheikh Khalifa bin ...
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27 March
Mohammed opens GMIS
Abu Dhabi /Â WAM The Inaugural edition of the Global Manufacturing and Industrialisation Summit (GMIS) was officially opened on Monday evening in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. The Summit is being held under the patronage of His Highness Sheikh Mohamed bin Zayed ...
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27 March
Abu Dhabi Media wins 3 ‘Digital Studio Awards’
Abu Dhabi / Emirates Business Abu Dhabi TV Network, part of Abu Dhabi Media, has won three strategic ‘Digital Studio 2017’ awards at the CABSAT 2017 Dubai exhibition, underscoring the network’s leading role in the regional media industry. The prestigious awards highlight the commendable status and values of Abu Dhabi Media’s television network, which adopts the highest professional standards ...
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27 March
World Aviation Safety Summit to assess ban of electronics on flights
Dubai / WAM The impact of the ban by the United States (US) and the United Kingdom (UK) on electronics from Muslim-majority countries will be cross-examined at the World Aviation Safety Summit’s fifth edition on April 11-12 in Dubai. Industry leaders will debate how these bans will impact the industry and the best way to deal with such significant changes ...
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27 March
Putin critic jailed as mass rallies energize Russian opposition
Bloomberg Russian opposition leader Alexei Navalny was jailed for 15 days after the largest anti-government demonstrations for at least five years energized President Vladimir Putin’s critics as presidential elections loom. Navalny was imprisoned by a Moscow court on Monday after being convicted of disobeying police and fined 20,000 rubles ($352) for organizing an unsanctioned protest after more than 1,000 ...
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27 March
Emiratis invest AED112bn in industrial sector in 2016
Abu Dhabi / WAM Emirati investments in the industrial sector amounted to AED112 billion in 2016, accounting for 86 percent of the total investments in this vital sector to the national economy, UAE Minister of Economy Sultan bin Saeed Al Mansouri has said. Ahead of the Global Manufacturing & Industrialisation Summit, GMIS, to be held on March 27-30 for ...
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27 March
905 new Gulf firms joined DCCI in 2016
Dubai /Â WAM The Emirate of Dubai is attracting a growing number of newly established Gulf companies, maintaining its competitive business and investment edge, according to statistics released by the Dubai Chamber of Commerce and Industry (DCCI) recently. In a statement to Sharjah-based Al Khaleej newspaper, Hamad Buamim, DCCI Director-General, said that up to 905 new Gulf companies joined DCCI ...
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27 March
Mother of the Nation Festival taps importance of water sustainability
Abu Dhabi / WAM Miyah – World of Water, an interactive installation illustrating the importance of global water sustainability, will debut at this year’s Mother of the Nation Festival taking place from March 26- April 4 on the Abu Dhabi Corniche. The installation aims to shed light on the value of water preservation while outlining its role in sustaining ...
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