BLOOMBERG Rising Treasury yields and weak earnings news sapped appetite for stocks as traders tracked an intensifying diplomatic push to contain the war. Yields on 10-year US government bonds gained for a fourth day, closer to reaching 5% for the first time since 2007. The relentless advance in yields reflects expectations that the Federal Reserve will keep interest rates at …

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call on Thursday from Jonas Gahr Støre, Prime Minister of Norway. They discussed the humanitarian crisis faced by civilians in the Gaza Strip, emphasising the priority of ensuring their full protection in line with international humanitarian law. They also underscored the importance of enhancing diplomatic initiatives to …

DUBAI/WAM The world’s leading cybersecurity experts have convened at GITEX GLOBAL 2023 to address the urgent challenges of cybercrime, projected to cause $10.5 trillion in annual damages by 2025. Ransomware, crypto crime and risks associated with Generative AI are some of the key threats that CISOs and security professionals need to tackle in the digital era. Dr. Mohamed Al-Kuwaiti, Head …