Bloomberg Investors have enjoyed world-beating returns for years by owning shares of trillion-dollar technology companies, so it’s tempting to say it’s time to bail out now that bond yields are on the rise. Plenty of fund managers are resisting that temptation. Since the bull market kicked off amid the financial crisis of 2008-2009, combined value of Apple Inc, Microsoft ...

  New York / WAM The United States has condemned the Houthi militia’s hijacking of the UAE-flagged cargo ship off the coast of Hodeidah, which took place on January 2. “The Houthis’ flagrant transgression is a threat to the freedom of navigation in the Red Sea and compromises international trade and regional security,” US State Department spokesman Ned Price said ...

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with Antony Blinken, US Secretary of State, the strategic bilateral relations between the UAE and US. In a phone call, the two sides also reviewed a number of regional and international issues of common interest and the efforts ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 469,028 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. ...

  Abu Dhabi / WAM Abu Dhabi’s Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s advanced technology R & D ecosystem, on Wednesday announced the launch of VentureOne, a new commercialisation arm to bring innovative research solutions to market at speed, and monetise all IP being generated at TII’s centres and beyond. Three specialised advanced ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) won two main international and regional awards in three                 sub-categories of Human Resources and Development in 2021. RTA won Gold Stevie International Award for Qiyadi Programme and Bronze Award for Future Leaders Programme. Additionally, RTA won the GCC Gov HR Awards – Organisation ...

  Abu Dhabi / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Wednesday entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE. As part of the agreement, Abu Dhabi Health Services Company (Seha), ...

  Dubai / WAM A total of 62 countries will be represented on the exhibition floor of the 2022 edition of Arab Health, the Mena region’s leading exhibition for the healthcare industry, taking place at the Dubai World Trade Centre from January 24 – 27. The 2022 edition of the show, which returns as a co-located event for healthcare and ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports Adnoc’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for ...

  Abu Dhabi / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, representing the UAE, participated in the UAE-US Innovation and Investment Summit. The summit was aimed at exploring more cooperation opportunities in the next phase to expand and develop UAE-US trade exchanges and mutual investments with greater participation of private sector companies from both ...