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Bloomberg After spending a year trying to prevent benchmark yields from rising above zero percent, the Bank of Japan (BOJ) now faces the challenge of stopping them from falling too low. Japan’s 10-year yield has gone from a one-year high in February to slipping below the BOJ’s targeted zero percent level earlier this month amid a bout of global risk ...

Emirates Business In September Saxo Bank celebrates it 25 year anniversary and boosts its journey from an early online trading pioneer to a leading facilitator of global capital market access by becoming sponsor of Copenhagen Fintech Lab. Together with Copenhagen Fintech Lab Saxo are opening the door to connect and foster relationships with Fintech startups on a global scale. Saxo ...

ABU DHABI / WAM The follow-up committee of the initiatives of the UAE President approved the funding of a number of infrastructure and urban development projects across various emirates at a total cost of AED1.2 billion. The effort comes in implementation of the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the close monitoring by ...

ABU DHABI / Emirates Business Abu Dhabi celebrated on Saturday the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates. The announcement came following an official event held at Novotel Fujairah, attended by Sheikh Saleh bin Mohammed Al Sharqi, Chairman of the Board of Port of Fujairah, Captain Mohamed Juma Al Shamisi, CEO ...

NEW YORK / WAM Dr Sultan bin Ahmad Sultan Al Jaber, UAE Minister of State, opened the high-level ministerial seminar organised by the United Nations Industrial Development Organisation (UNIDO), and reviewed the role of the industrial sector in ensuring global economic prosperity through its active contribution to achieving UN’s sustainable development goals. “We live in a time of great challenges ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated an Abu Dhabi government grant worth AED40 million to the Comorian government. The grant will help enhance the efficiency of public utility systems, such as electricity supply, in the Comoros through installing new transformers and generators with a total capacity ...

Dubai / WAM For more than 90 minutes, Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, watched La Perle – the region’s first permanent live performance at a 1,300-seat, state-of-the-art aqua theatre in Al Habtoor City. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Sheikha ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will chair the annual meetings of the UAE government in Abu Dhabi on Tuesday. ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Saturday approved ‘A Day without Service Centres’ initiative, which aims to encourage customers to turn to smart channels to obtain government services and complete transactions. The Dubai Department of Finance (DoF), launched the initiative and started co-ordinating ...

Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub for the Middle East, Africa and South Asia region (MEASA), on Saturday announced the preliminary speaker list for its inaugural Global Financial Forum, GFF, which will be held on November 14 under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of ...