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Dubai / WAM Brokerage companies in the Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022. The market also witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (Dewa), the Tecom group, and Union Coop. The number of new accounts in ...

  Abu Dhabi / WAM The Abu Dhabi Health Services Company (Seha) has announced the release of the updated Seha Visa Screening app with a range of new features. The newly launched update, available for iOS and Android phones, includes an appointment booking feature for companies and groups, in addition to online payment through Apple Pay and Samsung Pay. To ...

  ABU DHABI / WAM Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced the launch of the most beautiful photography contest that reflects the theme of its upcoming edition, “Sustainability and Heritage … A Reborn Aspiration”. The contest expresses in the language of art the efforts of Abu Dhabi and the world in promoting the sustainability of the environment, ...

  Dubai / WAM Emirates resumed passenger services to London Stansted (STN), serving its third London gateway with a daily flight. The airline has advanced plans to increase capacity from five-weekly services to a daily flight. With the return of services to Stansted, Emirates has ramped up its operations to London with nine daily flights, including six daily flights to ...

  AL AIN / WAM The United Arab Emirates University (UAEU) has set scientific research at the forefront of its ambitious strategic vision, where research is considered a key to institutional innovation and foresight, to create a vibrant, sustainable future for the next generation. In line with the vision, the faculty members of UAEU have produced 1,077 research articles during ...

Bloomberg HSBC Holdings Plc shares rise after it delivered better-than-estimated profits and pledged to return to paying quarterly dividends next year as it seeks to head off a call by its largest shareholder to split up. Helped by rising interest rates and a jump in income from currency trading, adjusted pretax profits rise 13% to $5.97 billion in the second ...

Bloomberg The yen’s summer revival entered a fourth day, putting it on track for the longest rally since February, as one of the biggest macro trades of the year continues to unwind. The Japanese currency climbed as much as 1% to just below 132 per dollar. Hedge funds are selling down dollar positions and increasingly buying the yen as a ...

  Bloomberg The UK has paid lenders £352 million ($429 million) to cover losses so far on virus loans to small businesses, a number that’s likely to grow further with £1.6 billion of further claims lodged by the lenders at the end of March. Metro Bank Plc, which lent a total of £1.4 billion under the Bounce Back Loan Scheme, ...

  Bloomberg Quilter shares surged the most on record after a report that Natwest Group Plc is considering a bid for the wealth manager. A takeover would be NatWest’s biggest deal since its bailout during financial crisis more than a decade ago. Once one of world’s largest banks, it transformed into a largely domestic retail lender and is still part-owned ...

  Bloomberg Colombia raised interest rates to the highest level since 2009 as a slump in the peso adds to inflationary pressure in Latin America’s fastest-growing major economy. The central bank increased its benchmark rate by 1.5 percentage points for a second straight month, to 9%, governor Leonardo Villar told reporters after the meeting. Six board members voted for the ...