World

UAE participates in meetings of Council of Arab Central Banks, Monetary Authorities' Governors

Oct 02, 2024

Cairo [Egypt], October 2: Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), participated in the 48th regular session of the Council of Arab Central Banks and Monetary Authorities' Governors, held in Cairo under the patronage of Egyptian President Abdel Fattah El-Sisi, and attended by Prime Minister Dr. Mostafa Madbouly.
The meetings covered a range of priority economic topics, most notably the management of monetary policy amid a challenging and uncertain environment, and the impact of private sector debt on financial stability in Arab countries.
The discussions also addressed the role of central banks in addressing climate change issues and regulatory frameworks for artificial intelligence applications in the financial sector.
Source: Emirates News Agency

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AVG Logistics bags long-term contract from Indian Railways for operations of Leased Parcel Express Train

Mumbai (Maharashtra) [India], May 6: AVG Logistics Limited, (BSE - 543910, NSE - AVG), AVG Logistics Limited has secured a 6 year long term contract, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways. This special train, connects Agartala (Tripura) / Guwahati (Assam) to Delhi / Ludhiana (Punjab) and will complete 4 trips every month over the next 6 years, totalling 313 trips during the contract tenure.

May 06, 2025