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China property stocks drop to lowest since 2009 as stress rises

BLOOMBERG Chinese property stocks tumbled to close at the lowest level in 14-years, as weak home sales and rising debt woes for major developers deepened. A Bloomberg Intelligence gauge of developer shares fell 2.5% on Wednesday, with China Evergrande Group and Times China Holdings Ltd leading the decline. The gauge has plunged 44% so far this year, outpacing major benchmarks ...

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On behalf of UAE President, Ruler of Ras Al Khaimah attends opening of Third Belt and Road Forum for International Cooperation in Beijing

BEIJING/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah attended the official opening of the Third Belt and Road Forum for International Cooperation at the Great Hall of the People in the Chinese capital, Beijing. Held under the theme ‘High-quality ...

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UAE President, UN Secretary-General discuss measures to prevent deterioration of humanitarian conditions in Gaza

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a telephone call on Wednesday from His Excellency António Guterres, Secretary-General of the United Nations. During the call, they discussed the urgent need to implement measures that prevent further deterioration of the humanitarian situation in the Gaza Strip. The conversation emphasised intensifying diplomatic efforts to open critical humanitarian corridors and ...

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