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Nasdaq leads futures higher as yields drop

Bloomberg The Nasdaq 100 Index led US equity futures higher while Treasury yields were poised for a third day of declines. Futures on the S&P 500 and Dow Jones Industrial Average also pointed to a recovery in the underlying gauges which slipped amid a setback for reopening favourites. Government bond yields fall across Europe. Assurances by Federal Reserve Chairman Jerome ...

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UAE announces $10 billion investment in Indonesia

ABU DHABI / WAM In implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has announced that it will invest $10 billion with the Indonesia’s sovereign wealth fund – Indonesia Investment Authority. Investments will focus on strategic sectors in Indonesia, ...

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UAE’s industrial exports valued at AED84.2bn over 10 months

ABU DHABI / WAM The Federal Competitiveness and Statistics Centre’s figures revealed that the UAE’s industrial exports in the first 10 months of 2020 were valued at AED84.2 billion. These figures highlight the key role of the industrial sector in driving national economic development and its ability to maintain its activity despite the negative economic repercussions of the coronavirus (Covid-19) ...

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