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Dollar slips, US futures advance in thin trading

Bloomberg Trading across global markets was subdued in one of the final sessions of the year, with the dollar weakening and US equity futures gaining. Contracts on the S&P 500 added 0.3 percent as the US government started sending $600 stimulus checks to Americans. In Europe, the Stoxx 600 Index edged higher in thin trading. Bitcoin continued its frenetic rally, ...

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Malaysia’s economic ties with UAE booming: Sultan Abdullah

ABU DHABI / WAM A remarkable growth in bilateral trade and tourism between the UAE and Malaysia is an indicator of huge economic potential, the King of Malaysia told Emirates News Agency (WAM) in an exclusive interview. “The UAE has been one of Malaysia’s main trading partners in this region. In 2019, total trade between Malaysia and the UAE was ...

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Empower awards contracts worth AED1.39bn in 2020

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider awarded contracts worth of AED1.39 billion in 2020, to cover the construction of new districts cooling plants and the expansion of its district cooling networks. Other contracts were concluded on energy transmission stations, thermal energy storage (TES) systems, procurement of pre-insulated pipes and metres, ...

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