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European stocks falter after Asia rally; oil rises, dollar advances

Bloomberg European shares failed to carry forward a rally from Japan and the US, where the S&P 500 index notched its best week in five years. Oil climbed while the dollar advanced against most major peers. The Stoxx Europe 600 index slipped as auto and consumer stocks dropped. That contrasted with Asia, where equities built on their best week since ...

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Gulf sluggish as Waha cuts dividend; big bank boosts Egypt

Reuters Gulf stock markets were sluggish on Monday, with a dividend cut pulling down major Abu Dhabi-listed financial firm Waha Capital, but Egypt’s bourse rose on the back of a gain by its biggest bank. Equities in the Gulf rallied along with oil late last year and Saudi Arabia saw its largest-ever inflow of equity funds last month. But Brent ...

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UMEX, SimTEX witness 25% growth in number of participating firms

ABU DHABI / WAM The third editions of Unmanned Systems Exhibition and Conference (UMEX), and Simulation Exhibition and Conference (SimTEX), will run from February 25-27, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Organised ...

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