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Overseas funds are loving Malaysia glove stocks again

Bloomberg Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars. Top Glove Corp. and Supermax Corp. are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of 1.4 billion ringgit ($340 million), according to CGS CIMB Research. Global funds bought a ...

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Unit 1 of Barakah plant starts commercial operations

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Tuesday that the Unit 1 of Barakah Nuclear Energy Plant has started commercial operations. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, applauded this achievement, describing it as a significant milestone in the UAE’s long-term ...

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National Bonds’ investments increase to AED8.8b in 2020

DUBAI / WAM National Bonds, the UAE Sharia-compliant savings and investment company, owned by the Investment Corporation of Dubai, achieved outstanding growth in its Investments in 2020. According to numbers released by the company, National Bonds’ Investments increased by 13 percent in 2020 to reach AED8.8 billion, up from AED 7.8 billion in 2019. The increase in investments wasn’t National ...

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