General

Daily FX turnover in Korea hits record high in Q3

Daily foreign exchange trading by banks in the Republic of Korea rose 4.6 percent in the third quarter to set a record high on a rise in exports and stock investments, central bank data showed Friday.

The daily FX turnover, including trading of deri…

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EWEC to power ADNEC Centre Abu Dhabi with clean energy

ABU DHABI: Emirates Water and Electricity Company (EWEC) today announced that it has forged a strategic partnership with ADNEC Group to power ADNEC Centre Abu Dhabi entirely with renewable and clean energy, making it the first and largest event venue …

General

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…

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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…

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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…