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ABU DHABI/ THE GULF TIME Penguin Media -a subsidiary of 9Yards Communications- a premier outdoor advertising specialist offering innovative brand visibility solutions in Abu Dhabi, has today announced the signing of a Memorandum of Understanding (MoU) with SkyBlue Media Group, a Malaysian company specializing in digital out-of-home (OOH) marketing services, with the intent of redefining the future of outdoor media ...

BLOOMBERG Stocks and bonds steadied after a bruising two-day selloff to start 2024. Oil advanced as conflict in the Middle East added to supply concerns. Europe’s Stoxx 600 added 0.4% as Shell Plc and BP Plc gained after crude jumped more than 4% in two sessions. Next Plc rallied after the British home and clothing retailer raised its profit forecast. ...

ABU DHABI / WAM The Abu Dhabi City Municipality, in collaboration with Zayed University, Higher Colleges of Technology (HCT), and Mohamed bin Zayed University for Humanities (MBZUH), organised the 2023 Institutional Excellence Forum. Orgainsed at the municipality’s main building through the ADM’s Strategic Planning and Performance Management Sector, the forum aimed to promote institutional excellence across government and private sectors, ...

ACCRA / Ghana / WAM A United Arab Emirates delegation, led by Dr Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs for Security and Military Affairs, participated in the United Nations’ Peacekeeping Ministerial Meeting, which was held in the Republic of Ghana’s capital, Accra. The Ministerial Meeting was the first to be held on the African continent, with previous ...

ABU DHABI / WAM The Industrial Development Bureau (IDB), the Abu Dhabi Department of Economic Development’s (Added) arm to develop and regulate the industrial sector, has announced a collaboration with XMILE Group to establish a first-of-its-kind processing facility in the Middle East and Africa region for the reduction of Greenhouse Gas (GHG) Emissions. The cooperation with XMILE Group, a global ...

ABU DHABI / WAM Under the leadership and support of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Board of Directors of the Emirati Talent Competitiveness Council, the Ministry of Human Resources and Emiratisation (MoHRE) announced that the number of Emiratis working in the private sector ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Thursday launched the Dubai Social Agenda 33 for the decade until 2033 highlighting the theme of ‘Family: The Foundation of Our Nation’. The launch of the Dubai Social Agenda 33 follows HH Sheikh Mohammed’s tradition ...

BEIJING/ WAM China’s central bank conducted 14 billion yuan ($1.97 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Wednesday, reported Xinhua. The move aims to keep liquidity in the banking system reasonable and ample, the People’s Bank of China said in a statement. A reverse repo is a process in which the central bank purchases ...

BLOOMBERG JPMorgan Chase & Co hit a fresh record high for the first time in more than two years. Shares of the largest US bank gained 1.2% to $172.08, surpassing the prior high watermark set in October 2021. The New York-based lender has been a top performer in the sector as it posted record results last year, prompting its Chief ...

BLOOMBERG Nigeria’s central bank has released inaugural guidelines for banks opening cryptocurrency accounts, while retaining its ban on them holding or trading in virtual assets on their own behalf. The rules, published on the central bank’s website, flesh out the regulator’s decision last month to lift its prohibition on banks operating accounts for crypto service providers. “Current trends globally have ...