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DM signs 24 pacts to ease public needs, encourage innovation

  Dubai / WAM During the past year, Dubai Municipality (DM) entered into 24 agreements and initiatives, all related to the municipality’s role in enhancing services provided to the public and at the same time boosting its capabilities as a major department in the emirate within the framework of competitiveness and organisational excellence, said Khater Al Nuaimi, Director of Customer Relations and ...

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Saudi edges up in volatile trade, Egypt hits record

  DUBAI / Reuters Saudi Arabia’s stock market edged higher in volatile trade on Thursday but suffered its worst weekly decline since September, while Egypt extended its bull run as international funds accumulated shares. The Saudi index closed 0.4 percent higher at 6,922 points; it remains near a six-week low and lost 3.8 percent over the week. Investors bought shares ...

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US stocks drop as bond rally sinks bank shares

  Bloomberg Treasuries rallied, sending 10-year yields to the lowest since November, while the dollar slumped with US stocks as investors reassessed post-election market moves spurred by speculation Donald Trump’s policies would jumpstart American economic growth. Trump yesterday gave investors little reason to add to bets that had taken the dollar to a 14-year high and stocks to records. Some ...

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