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Day: October 14, 2024

India expels six Canadian diplomats after withdrawing diplomats from Canada

October 14, 2024 by emadmin

India on Monday decided to expel six Canadian diplomats after announcing withdrawal of its High Commissioner to Canada Sanjay Kumar Verma and other diplomats.

A statement from the Ministry of External Affairs said that it asked Acting High Commission…

Categories Government, Politics

China’s central bank conducts $2.76 billion via reverse repos

October 14, 2024 by emadmin

Beijing: China’s central bank conducted 19.5 billion yuan (about US$2.76 billion) of seven-day reverse repos at an interest rate of 1.5 percent on Monday.

Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liqui…

Categories Business, Trading

Vietnam’s overseas investment declines in nine months

October 14, 2024 by emadmin

Hanoi: Vietnam’s overseas investment, including new and adjusted capital, amounted to US$189.6 million, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

According to the Vietnam News Agency (V…

Categories Business, Trading

Kuwaiti Gov’t security networks.. support help slow inflation locally

October 14, 2024 by emadmin

Despite the significant rise in inflation rates all over the world and reaching new records that exhausted peoples and economies, Kuwait was able to slow down inflation locally due to its robust social security safety network and government support.

…

Categories Business, Trading

Borouge transports over 700,000 tonnes of products in first year of Etihad Rail agreement

October 14, 2024 by emadmin

Abu dhabi: Borouge Plc announced today that more than 700,000 tonnes of polyolefins had been transported during its first year of operations with Etihad Rail, the developer and operator of the UAE National Rail Network.

Since September 2023, over 36,…

Categories Business, Trading

Mubadala’s KELIX bio acquires four GlobalOne Healthcare Holding pharma assets

October 14, 2024 by emadmin

Abu dhabi: Following the closing of the acquisition of KELIX bio, Mubadala Investment Company PJSC has empowered its new specialty pharmaceutical business to acquire a 100% stake in four of GlobalOne Healthcare Holding’s (GHH) pharma assets which incl…

Categories Business, Trading

Aldar, Mubadala launch two commercial towers on Al Maryah Island

October 14, 2024 by emadmin

Abu dhabi: Aldar Properties and Mubadala Investment Company today broke ground at One Maryah Place, a two-tower Grade A commercial development on Al Maryah Island, Abu Dhabi’s leading business and lifestyle destination.

Located within Abu Dhabi Globa…

Categories Business, Trading

Mariam Almheiri leads UAE delegation at Hamburg Sustainability Conference

October 14, 2024 by emadmin

Hamburg: On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Mariam Almheiri, Head of the International Affairs Office at the Presidential Court, led the United Arab Emirates’ delegation to the Hamburg Sustainability Conference (HS…

Categories Business, Trading
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