Abu Dhabi / WAM     Borouge signed a memorandum of understanding which established a new strategic partnership with Abu Dhabi Medical Devices Company (ADMD) to develop the medical device manufacturing industry in Abu Dhabi. ADMD is a leading local manufacturer of syringes, insulin syringes, tubes and catheters, administration devices, respiratory items and PPE products and is the first and only manufacturer ...

Dubai / WAM     The Ministry of Health and Prevention (MoHAP) has discussed with the Russian Ministry of Industry and Trade ways to boost collaboration, exchange medical expertise, and expand partnerships in the pharmaceutical sector to enhance the efficiency of the UAE’s pharmaceutical system, and encourage more Russian companies to transfer some of their production lines to the UAE. During the ...

A potential near-term peak in bond yields should help US stocks in the short-run, but risks remain for investors as global central banks raise interest rates at the fastest pace in decades, according to JPMorgan Chase & Co.’s Marko Kolanovic. “(Federal Reserve) Chair Powell stated that rates are likely to move higher than previously indicated by the September dots (4.75%) ...