ABU DHABI / WAM In his capacity as the Ruler of Abu Dhabi, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a law establishing the Abu Dhabi Heritage Authority. The Abu Dhabi Heritage Authority will replace the Emirates Heritage Club and the Cultural Programmes and Heritage Festivals Committee – Abu Dhabi. The Abu Dhabi Heritage Authority’s ...

BLOOMBERG Stocks gained as investors rewarded companies for positive earnings updates and as China’s latest move to stimulate its economy boosted resources shares. Europe’s Stoxx 600 index climbed 0.8% as mining stocks jumped the most in almost six weeks after the People’s Bank of China said it would cut the reserve requirement ratio for banks on February 5. The move ...

BLOOMBERG Indian stocks notched their biggest outflow of foreign investor funds in 19 months, as some profits were booked after a record-breaking rally. Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022. They sold another $374 million, according to provisional data, as trading resumed after the surprise trading holiday announcement. ...