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. …