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Bloomberg The German government should be applauded for its plans for fiscal stimulus and climate, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. “I want to say we have to give credit to the German authorities,” Georgieva, who took on the role last month, said in a Bloomberg TV interview, pointing to fiscal support contained in next year’s ...

Bloomberg Bank of Japan Governor (BoJ) Haruhiko Kuroda’s role as the prime focus for efforts to revive the world’s third-largest economy is coming to an end. An unprecedented level of concern about damaging side effects of Japan’s multi-decade experiment with ultra-low interest rates has gripped policy makers, regulators and legislators. The key takeaway: fiscal policy is set for a more ...

SHARJAH / WAM Mohammed Sultan Al Qadi, Chairman of Emirates Post Group, on Tuesday inaugurated the 10th edition of the Sharjah Stamp Exhibition at Mega Mall Sharjah, set to witness a debut by China and Pakistan, besides Australia, New Zealand, Iraq, Kuwait, Oman, Saudi Arabia, and Bahrain. The exhibition is being organised by the Emirates Philatelic Association (EPA), in cooperation ...

ABU DHABI / WAM ION, the UAE-based sustainable transport company, which was announced in 2018 as a joint venture between Bee’ah and Crescent Enterprises, has now set up operations in Abu Dhabi, Dubai and Sharjah. The first ever green mobility solutions provider of its kind in the region was officially inaugurated during a ceremony attended by Badr Jafar, CEO of ...

ABU DHABI / WAM Abu Dhabi Development Holding Company (ADDHC), issued a resolution to restructure the board of Abu Dhabi National Exhibitions Company (Adnec). The new board is chaired by Saif Saeed Ahmed Ghobash and includes the following members: Hamad Hareb Al Muhairi, Deputy Chair; Humaid Matar Al Dhaheri, Managing Director; and both Majed Sultan Al Mail and Kevin Murphy ...

Dubai / Emirates Business Dubai Future Academy (DFAc), a Dubai Future Foundation initiative, announced the launch of 10 new training programs aimed at developing the skills of professionals, the youth and promising talents in all fields, and empowering them with tools for the future and prepare them to adapt with the changes in the future of various economic, technological and ...

DUBAI / WAM The UAE Ministry of Defence has signed a Memorandum of Understanding (MoU), with the US Defense Technology Security Administration (DTSA), to enhance cooperation between the two countries. Signed in the presence of Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, on the sidelines of the now-running Dubai Air Show, the MoU addresses security risks ...

DUBAI / WAM Forty-nine artists began their mission to design the UAE Nation Brand logo that will represent the country and share its success story with the world, with the logo aimed at reflecting the UAE’s values and showcasing its journey towards emerging as a global model for hope, ambitions, openness and possibilities. The workshop is in response to the ...

Bloomberg Shares of Vodafone Idea Ltd and rival Bharti Airtel Ltd rallied after the wireless carriers said they planned to raise tariffs starting next month, the first increase since the entry of billionaire Mukesh Ambani into India’s telecommunications market in 2016 triggered a price war. Vodafone Idea surged as much as 30% in Mumbai, while Bharti Airtel rallied as much ...

Bloomberg Flight disruptions, fewer tourists, lost work hours and missed school days have come to portray India’s struggles with toxic air quality in its capital city, and the intangible costs may be adding up for an economy grappling with a sharp slowdown. India’s losses from air pollution increased more than four times to $560 billion between 1990 and 2013, according ...