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Hundreds apply for Fikra Labs acceleration programme

ABU DHABI / WAM Registration for Fikra Labs, an acceleration programme aimed at driving innovation and fostering entrepreneurship in the Abu Dhabi travel and tourism sector, has officially closed and the selected startups are now embarking upon a four-week incubation programme. Launched in early February as part of the UAE Innovation Month, the programme was led by four of Abu ...

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Trump tweets toy with stocks as trade bluster shakes Wall Street

Bloomberg Donald Trump’s got the stock market on a string, but investors are less sure of the game he’s playing. The Republican president’s renewed ramblings on trade dominated US equity markets this week, with a tweet-induced swoon on April 6 leaving the S&P 500 Index 1.4 percent lower than where it started on Monday. The gauge swung wildly, notching four ...

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Saudi stock market up, Kuwait rebounds

Reuters The Saudi Arabian stock market remained in positive territory on Sunday after rebounding late last week from several days of profit-taking, while a pullback by two blue chips dragged down Abu Dhabi. The Saudi stock index closed up 0.2 percent. Food and beverage company Almarai added 3.5 percent after announcing first-quarter net profit of 344 million riyals ($91.7 million) ...

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