The Asian Development Bank headquarters in Manila. Reuters
The Asian Development Bank (ADB) approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen economy besides approving $300 million to support energy sector reforms.
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade dispute takes a bigger toll on the economy.
Data from the Dubai Land Department (DLD) showed that real estate sales topped Dhs132.6 billion since the beginning of the year until now.
The Swiss pavilion at Expo 2020 Dubai is hosting a waste management exhibition entitled “No Time To Waste” to showcase circular economy solutions
As part of the Abu Dhabi Investment Office’s (ADIO) programme to attract investment, Abu Dhabi will become home to Amazon’s most technologically advanced fulfillment centre in the region.