Bloomberg Stocks fell with US equity futures, giving up early gains, as traders braced for another supersized US rate hike amid rising anxiety the Federal Reserve could overtighten and raise the odds of a hard landing. The Stoxx 600 Index dropped 0.8%, paced by losses on real estate and miners. US equity futures also declined after briefly trading higher, with ...
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Bloomberg Nasdaq Inc is making its first major push into crypto, as the second-largest stock exchange prepares to capitalise on increasing appetite for digital currencies among big-money investors. A new group dedicated to digital assets will initially offer custody services for Bitcoin and Ether to institutional investors, according to Tal Cohen, the company’s executive vice president and head of ...
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ABU DHABI / WAM Danny E. Sebright, President of the US-UAE Business Council, pointed out that enhancing the cooperation between the UAE and the United States will expand and develop the volume of trade exchange and mutual investments In an exclusive interview with the Emirates News Agency (WAM), Sebright said, “In 2021, there was over US$25 billion in bilateral ...
Read More »DUBAI / WAM Mohammed bin Rashid Space Centre (MBRSC) on Monday announced its support in the development of the Metaverse that will simulate the UAE’s manned 2117 Mars mission. This first-of-its-kind project will be led by BEDU, Dubai’s foremost pioneer in Web3 technologies and solutions. Formalised through a Memorandum of Understanding, the 2117 Metaverse project will involve close collaboration ...
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DUBAI / WAM HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Sports Council (DSC), on Monday said the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, supported by a robust regulatory framework and an active lifestyle, enabled the emirate to consolidate its position as the ...
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ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “Kezad Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed Kezad Group (Khalifa ...
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ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday Hishammuddin Hussein, Malaysian Minister of Defence, and his accompanying delegation, who are on an official visit to the UAE. The meeting was attended by Lt. General Hamad Mohammed Thani al-Rumaithi, Chief of Staff of the UAE Armed Forces, and a number ...
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DUBAI / WAM Dubai real estate market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million, and 15 gift deals amounting to AED37.6 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED700.84 million, and 51 land plots worth AED199.97 million, while ...
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ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...
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ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “KEZAD Group†as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed KEZAD Group (Khalifa ...
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