Recent News

UAE President welcomes delegation from Parliamentary Assembly of Mediterranean; receives Global Humanitarian Personality Award

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed a delegation from the Parliamentary Assembly of the Mediterranean, which presented him with the PAM Global Humanitarian Personality Award. This award was granted in recognition of his significant contributions to international humanitarian efforts over decades of dedicated service. During the meeting at Qasr Al Bahr in Abu ...

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UAE President welcomes participants of ISNR Abu Dhabi 2024

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with participants of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2024). During the meeting, which took place at Qasr Al Bahr in Abu Dhabi, His Highness extended a warm welcome to the guests, wishing them success in their participation at the exhibition and ...

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Saif bin Zayed inaugurates ISNR Abu Dhabi 2024

ABU DHABI/WAM Lt. General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, inaugurated the eighth and largest edition of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2024) and its accompanying conference on Tuesday, amid a large official presence of international guests and local and regional officials. The opening ceremony was ...

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Stocks

Nasdaq futures sink earnings from tech giants fell short of expectations

BLOOMBERG US equity futures slumped after earnings from tech giants fell short of Wall Street’s high expectations and as investors prepared for the first interest-rate decision of the year from the Federal Reserve. Contracts on the Nasdaq 100 slid 1.2%, while those on the S&P 500 retreated 0.5%. Microsoft Corp, Alphabet Inc and Advanced Micro Devices Inc dropped in premarket ...

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Stocks muted before major earnings test for Wall Street

BLOOMBERG European stocks and US futures kept to small ranges as investors looked forward to a rush of major earnings for insights on whether the record-breaking rally on Wall Street can continue. Europe’s Stoxx 600 crept to a new two-year high as media and travel and leisure stocks led gains. US equity futures were steady after another record close on ...

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Stocks make cautious start as investors look for rate updates

BLOOMBERG Markets opened the week on a cautious note as investors readied for central bank updates on the outlook for interest rates and braced for a deluge of earnings. Oil prices rose amid escalated tensions. Europe’s Stoxx 600 index held near the highest level since January 2022, supported by rallying energy shares. Futures contracts for the S&P 500 and the ...

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Beijing tightens securities lending rule to support stock market

BLOOMBERG China will halt the lending of certain shares for short selling from Monday, the securities regulator announced, in a move to support the country’s slumping stock markets. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement. ...

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Global stocks stall after latest results subdue buoyant mood

BLOOMBERG Global stocks took a breather on Thursday after recent sharp gains as investors processed the latest earnings news and looked forward to a meeting of the European Central Bank (ECB) and economic growth data from the US. Europe’s Stoxx 600 index slipped and the blue-chip Euro Stoxx 50 traded flat after soaring to a 23-year high. Chipmaker STMicroelectronics NV ...

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