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European stocks pause rally with earnings in focus

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BLOOMBERG Stocks paused their rally as the euphoria over a potential dovish pivot by central banks faded and investor attention turned to the latest corporate earnings and deals news. Europe’s Stoxx 600 Index steadied after three days of gains. Burberry Group Plc dropped 6.7% as it warned that this year’s revenue target may be out of reach. HelloFresh SE sank ...

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Tabreed’s revenue soars 10% to hit AED1.8b in 9M 2023

Tabreed

ABU DHABI / WAM Tabreed, the world’s leading district cooling company, reported its financial results for the nine-month period ending on September 30. During the first nine months of the year, Tabreed sustained positive momentum, recording a robust top line of AED1.8 billion, a 10 percent increase year-on-year, compared to AED1.7 billion in the same period last year. Attributed to ...

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Ministry to host 38 local and international entities at COP28

Uae’s climate diplomacy initiatives propel global action towards cop28 objectives

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) will host 38 ecosystem players, technology providers, small and medium-sized enterprises (SMEs) and startups at its pavilion and the Startup Village during COP28. Located at the Technology and Innovation Hub, the MoIAT pavilion aims to bring together local and international entities in the industry and advanced technology sectors ...

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