ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, has issued a resolution that enables citizens working in public benefit associations and private higher education institutions to apply for any Nafis programmes and initiatives. The resolution aligns with applicable guidelines and criteria and requires those concerned ...

BLOOMBERG European stocks retreated by the most in two weeks following hawkish minutes from the Federal Reserve’s last policy meeting, with investors also weighing early corporate earnings reports. The Stoxx 600 was down 1.1% in London — the biggest intraday drop since June 22. All sectors declined, led by travel and leisure and retail. Among individual movers, Hunting Plc soared ...

DUBAI / WAM Dubai’s Department of Economy and Tourism (DET), in partnership with leading local public and private sector companies, conducted a multi-faceted pan-European engagement programme to showcase the city’s value proposition for the global technology industry. A series of events organised by DET at Europe’s leading technology industry shows outlined the key business and investment opportunities emerging from the ...

BLOOMBERG Stocks dropped as global markets responded to Federal Reserve commentary that was more hawkish than expected. UK government bonds fell. European and Asian stocks saw broad declines, while contracts on the S&P 500 pointed to a continuation of the losses on Wall Street. In the UK, yields on 10-year government bonds climbed to the highest since the gilts crisis ...

ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Thursday, Akio Isomata, ambassador of Japan to the UAE, and his accompanying delegation. During the meeting, they discussed ways to develop ties between the UAE and Japan in various fields, especially in the defence and military domains to serve the interests of their ...

ABU DHABI / WAM Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has agreed to cooperate with the European Food Safety Authority (EFSA) to enhance scientific cooperation and dialogue in data collection and data sharing related to risk assessment. The agreement was signed remotely by Saeed Al Bahri Al Ameri, Director-General of Adafsa, and Dr Bernhard Url, Executive Director of ...

BLOOMBERG Passengers on cash-strapped SpiceJet Ltd are experiencing the most flight disruptions in India, the world’s fastest-growing aviation market. With the busy summer travel season arriving, only 61% of SpiceJet’s flights departed on time from the country’s four biggest airports — Mumbai, Delhi, Bengaluru and Hyderabad — in May, according to the Directorate General of Civil Aviation. That’s down from ...

BLOOMBERG Adidas AG said Amanda Rajkumar will step down from the executive board after deciding not to extend her term, leaving the company facing a fresh diversity challenge. Rajkumar joined Adidas as head of global human resources, people and culture at the beginning of 2021, and is the only woman on the board. She’s also the latest senior woman to ...

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, spoke by phone with US Secretary of State Antony J. Blinken, to discuss the strategic bilateral relations as well as joint cooperation and partnership in various fields. During the conversation, H.H. Sheikh Abdullah bin Zayed treasured the support extended by the friendly US for the ...

DUBAI / GULF TIME On July 2, local time, hosted by Shaoxing City People’s Government, organized by Shaoxing City Economy and Information Technology Bureau and Shaoxing City People’s Government Foreign Affairs Office, Shaoxing UAE Chamber of Commerce, 2023 UAE economic and Trade Cooperation Promotion Conference was held in Shangri-La Hotel, Dubai. Shaoxing City held this Promotion Conference to actively participate ...