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European stocks increase as rate-cut bets heat up

BLOOMBERG European stocks rose, following Asia higher, after the latest US data reinforced optimism in a global pivot towards central-bank easing next year as inflation fears evaporate. The Stoxx 600 index added 0.2%, climbing for a second day as US equity futures advanced. MSCI’s Asia Pacific Index gained the most in three weeks. US 10-year Treasuries were steady after a ...

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Sheikh Mansour chairs Ministerial Development Council meeting on initiatives, strategies to accelerate climate action efforts

ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the Ministerial Development Council meeting, which was held at Qasr Al Watan, Abu Dhabi. The meeting discussed a number of legislations and policies aiming at supporting and developing the government work ecosystem, including the climate action ...

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Mohammed bin Rashid inaugurates world’s largest CSP project, as part of Mohammed bin Rashid Al Maktoum Solar Park

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated solar power (CSP) project in the world, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 950-megawatt (MW) fourth phase is the largest investment project ...

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