China conducts $98.5 billion MLF to inject liquidity

China’s central bank on Friday conducted a 700-billion-yuan (about US$98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system.

According to Xinhua news agency, the MLF operation has…

Dubai Chamber of Commerce launches Korean Business Council

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, today announced the establishment of the Korean Business Council to strengthen economic relations and pave the way for mutually beneficial opportunit…

Abu Dhabi lights up in support of World Polio Day 2024

ABU DHABI: Landmarks across Abu Dhabi illuminated on Thursday, 24th October, in support of World Polio Day, an annual moment that aims to galvanise momentum towards global efforts to eradicate the disease.

Buildings and structures across the UAE capi…

Al Ain Book Festival sees 73% increase in registrations

The Al Ain Book Festival 2024, organised by the Abu Dhabi Arabic Language Centre (ALC), has seen a significant increase in publisher registration requests for its 15th edition, reaching 260 requests, marking an increase of 37% compared to the previou…

EU registers 3.4 million new companies in 2022: Eurostat

BRUSSELS: Over 32 million companies and institutions were operating in European Union countries in 2022, including 3.4 million newly established firms, Eurostat, the statistical office of the European Union, reported.

According to Eurostat’s Business…

Abu Dhabi Maritime Awards receives 120 submissions

Abu Dhabi Maritime, part of AD Ports Group, has announced that in collaboration with the Integrated Transport Centre (Abu Dhabi Mobility) of the Department of Municipalities and Transport, it has received 120 submissions from marinas across eight cou…