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Adani stock surge at risk of reversal

Bloomberg The stock rallies of Gautam Adani’s companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator that predicted previous slumps for more than a decade. TD Sequential, a widely followed DeMark technical indicator that forecast drops in Adani Enterprises Ltd. three times since 2009, suggests ...

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World’s financial leaders all set to gather for Abu Dhabi Finance Week

  ABU DHABI / WAM Abu Dhabi Global Market (ADGM) in association with the Abu Dhabi Department of Economic Development (Added) unveiled the ‘Abu Dhabi Finance Week (ADFW)’, which is set to run between November 14 and November 18. Following the global success of ADGM’s popular Fintech Abu Dhabi festival, ADFW will further build on the emirate’s position as a ...

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UAE leaders wish President of Germany on Unity Day

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Frank-Walter Steinmeier of Germany on the occasion of his country’s Unity Day, which is marked on October 3. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

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