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European stocks gain as Anglo American boosts miners

BLOOMBERG European stocks gained, erasing an earlier decline, as Anglo American Plc helped lift the gauge while investors digested a slew of earnings reports. The Stoxx 600 Index gained 0.3% by on Thursday, with the basic resources sector leading gains, while tech stocks missed after Taiwan Semiconductor Manufacturing Co cut its outlook. Anglo American gained after the precious metals miner’s ...

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Nasdaq futures slump after Netflix Inc dents tech shine

BLOOMBERG A slide in tech behemoths soured the mood on Thursday as disappointing earnings cast doubt on the pillars of a record first-half for the Nasdaq 100 this year. Futures on the Nasdaq 100 fell 0.7% with Netflix Inc set for its biggest intraday decline since December after missing sales estimates and projecting third-quarter revenue that fell short of Wall ...

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UAE participates in G20 Labour, Employment Ministers’ meeting

DUBAI / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation (MoHRE), will participate in the G20 Labour and Employment Ministers’ meeting hosted by India on 20 and 21 July 2023. The UAE is set to showcase its pioneering model in social security and legal coverage systems for new forms of work, including online jobs, as well ...

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Masdar launches first $750 million 10-year Green Bond

ABU DHABI / WAM Abu Dhabi Future Energy Company – Masdar – announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. The orderbook peaked at US$ 4.2 billion supported by heavy demand from regional and international investors, i.e. oversubscription of 5.6x. Pricing tightened 35bps between launch and final terms, with a ...

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Sheikh Mohamed awards Order of Zayed to President Erdogan of Türkiye

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has conferred the Order of Zayed on Turkish President Recep Tayyip Erdogan during his official visit to the UAE. The Order of Zayed is considered the highest civilian honour granted by the UAE, and is bestowed upon world leaders and heads of state. The award bears ...

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UAE and Turkish Presidents witness announcement of accord and agreements worth over $50 bn to boost strategic partnership

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Turkish President Recep Tayyip Erdogan today witnessed the announcement of a joint accord on the establishment of a high-level strategic council between the UAE and Türkiye, further cementing ties between the two nations. The two leaders also witnessed the exchange of several agreements and Memoranda of Understanding ...

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UAE President and Turkish President reinforce bilateral ties

ABU DHABI / WAM The Presidents of the UAE and Türkiye met today in Abu Dhabi to further reinforce the strong ties between the two countries. The meeting between His Highness Sheikh Mohamed bin Zayed and Recep Tayyip Erdogan took place at Qasr Al Watan in Abu Dhabi, during the Turkish President’s official visit to the UAE. His Highness welcomed the visit ...

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MoHRE coordinates with delivery companies to provide 356 rest stations for workers

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced an initiative to provide 356 rest stations equipped with essential services for delivery drivers across the UAE. The initiative is implemented in coordination with private sector delivery companies with the support of relevant government entities. The Ministry said this initiative reflects a shared commitment to the safety and ...

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UAE President, Vice Presidents wish Arab, Islamic nations on new Hijri Year

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri Year 1445. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and dignity and glory for Arab ...

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