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Blue-chips lift Saudi, Aldar, Emaar climb

Reuters Saudi Arabia’s stock market rose on Wednesday, lifted by its expected inclusion in the secondary FTSE emerging market index, while United Arab Emirates’ markets were boosted by its top two property companies. The Saudi index gained 0.5 percent to close at 7,762 points, backed by leading stocks that investors expect to attract foreign funds if the FTSE upgrade is ...

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VP issues new law to boost DIFC

Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has enacted two new laws that aim to improve and expand the Dubai International Financial Centre (DIFC’s) already successful private wealth management and succession planning platforms. Both the Trust Law and Foundations ...

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Arab Reading Challenge goes global

Dubai / WAM Qualifiers for the Arab Reading Challenge (ARC), will begin on March 25. Arab students in Arab and foreign countries were invited to participate in this round of the competition, and will start the process of qualifying for the finals. Students from 44 countries, including 14 Arab and 30 non-Arab countries, are participating in the third round of ...

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