Bloomberg US stocks rose for the seventh time in eight days and the dollar’s rally reached a fourth day as strong corporate results bolstered optimism in the economy. Treasuries edged lower as investors await Federal Reserve meeting minutes. The S&P 500 Index jumped as industrial and financial shares paced gains. The index still sits 4.8 percent below its January 26 ...

Reuters A wave of buying in beaten down blue-chip stock Emaar Properties boosted the Dubai market on Wednesday while most of the region traded quietly in modest volumes. Dubai’s index firmed by 0.5 percent, but remains the Gulf’s worst-performing index this year with a decline of 2.5 percent, partly because of a sustained slump in the emirate’s real estate market. ...

Abu Dhabi / WAM Under the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, The Founder’s Memorial, a permanent national tribute to the late Sheikh Zayed bin Sultan Al Nahyan, will be inaugurated on Monday, February 26, in an official ceremony in the capital, Abu Dhabi. The UAE community can look forward to watching the broadcast ...

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, received Samer Sherifov, Minister of Finance of Azerbaijan. His Highness and the visiting minister exchanged a number of financial issues and means to further develop cooperation between the two friendly countries in the field of joint investments of mutual benefit. ...

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), on Wednesday warned UAE citizens travelling to Ethiopia to be vigilant. The ministry has asked them to avoid visiting Oromia, Amhara, and Harari regions in light of the current situation in the country. It has also urged Emiratis to exercise caution and avoid any assemblies or demonstrations, ...

Abu Dhabi / WAM The Emirates Post Group (EPG), issued special stamps to mark the 4th edition of the Abu Dhabi Tour, which started on Wednesday under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council. Organised by the Abu Dhabi Sports Council in collaboration with RCS Sports, it continues until February ...

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has announced that the RTA would unveil the initial design of the Hyperloop, which will be exhibited for the first time in the world, in collaboration with Virgin Hyperloop One, as part of its participation during UAE Innovation ...

Dubai / WAM The UAE Food bank will collect at the end of the Gulf Food Exhibition the food items that are being displayed at various stalls in the event and distribute them to needy people through authorised charity organisations. The UAE Food bank, which is participating in the Gulf Food Exhibition as part of its activities during the Year ...

Dubai / Emirates Business His Excellency Dr Thani bin Ahmed Al Zeyoudi, Cabinet Member and UAE Minister of Climate Change and Environment, visited the Barakah Nuclear Energy Plant today, where he witnessed the Emirates Nuclear Energy Corporation ‘s (ENEC) commitment to sustainability and environmental protection. His Excellency Dr Al Zeyoudi also observed the significant progress being made across all four ...

Bloomberg The future is electric for BP Plc, though it’s not giving up on oil just yet. The British company bumped up its forecast for electric vehicles by 80 percent to 180 million by 2035, according to an energy outlook. It expects a third of the miles driven in 2040 will be powered by electricity. The company forecasts the abundance ...