Bloomberg Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi. The firm is turning more bullish on the country’s equities market after trimming exposure during first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a ...
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UAE represents successful model of moderate Islam: British writer
Sharjah / WAM The 31st edition of the Abu Dhabi International Book Fair (ADIBF) continued to offer thought-provoking discussion and valuable insights for attendees, with one of its latest sessions themed ‘Islam and the West: Past, Present and Future’. Ed Husain, a prominent British writer and a professor at Georgetown University in Washington DC, affirmed that Emirati diplomacy was ...
Read More »Dubai’s newly opened road to slash travel time by 50%
Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has officially opened the Dubai-Al Ain Road Improvement Project built at a cost of AED2 billion. Undertaken as part of Dubai’s master transport plan, the project affirms Dubai’s efforts to accelerate its economic development with major projects. ...
Read More »Dubai ranks second globally in attracting FDI in creative economy
Dubai / WAM Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and member of the Dubai Council, revealed that Dubai consolidated its status as a global cultural hub and investment destination, ranking first in Middle East and North Africa (Mena) region and second in the world in attracting ...
Read More »Irthi to showcase Emirati craft traditions in Milan
Sharjah / WAM Irthi Contemporary Crafts Council, an affiliate of Nama Women Advancement, is creating compelling, immersive experiences for the global design community as it highlights the refined beauty and contemporary aesthetics of Emirati craft traditions at the upcoming Milan Design Week from June 7-12. Irthi will also leave a firm imprint on the international design scene in Milan ...
Read More »Dtec, JIACC ink agreement
Dubai / WAM Dubai Technology Entrepreneur Campus (Dtec), an initiative of Dubai Silicon Oasis that is part of the Dubai Integrated Economic Zones Authority (DIEZ), on Sunday partnered with the Joint Italian Arab Chamber of Commerce (JIACC). As part of the collaboration, they will launch a framework for knowledge- and information-sharing between Dtec and JIACC in relation to initiatives ...
Read More »UAE allocates $10b to support investments in Egypt, Jordan
Abu Dhabi / WAM The United Arab Emirates, the Arab Republic of Egypt and the Hashemite Kingdom of Jordan have announced an Industrial Partnership for Sustainable Economic Growth in Abu Dhabi on Sunday to unlock new industrial opportunities and enhance sustainable economic growth in the three countries, across 5 sectors. His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime ...
Read More »Hamdan bin Mohammed opens AED2bn Dubai-Al Ain project
Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has officially opened the Dubai-Al Ain Road Improvement Project built at a cost of AED2 billion. Undertaken as part of Dubai’s master transport plan, the project affirms Dubai’s efforts to accelerate its economic development with major projects. ...
Read More »EDB to support integrated industrial partnership for sustainable economic growth
Abu Dhabi / Gulf Time Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced its support for the Integrated Industrial Partnership for Sustainable Economic Growth, the three-nation initiative between the UAE, Joran and Egypt launched to unlock new industrial opportunities and enhance sustainable economic growth. EDB will become a ...
Read More »UAE announces 380 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 196,359 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...
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