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Short sellers forced to fold as S&P 500 surges

  Bloomberg One by one, short sellers are being forced to capitulate as market expectations grow for a slower pace of central bank tightening. Whether in stocks or bonds, bearish bets are being dealt a blow as US data begin to reflect the fallout from the Federal Reserve’s aggressive rate hikes. A dovish pivot by the Reserve Bank of Australia ...

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ISNR Abu Dhabi 2022 to see record participation from local, global firms

  Abu Dhabi / WAM Under the patronage of HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, the activities of the International Exhibition of National Security and Resilience (ISNR Abu Dhabi 2022) are scheduled to begin from October 10-12 at the Abu Dhabi National Exhibition Centre (Adnec), with record participation confirmed ...

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Multiply group acquires 80% of IEH to grow its utilities portfolio

  Abu Dhabi / WAM Multiply group, an Abu Dhabi-based holding company, acquired 80% of International Energy Holding LLC (IEH). International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari AÅž, a market-leading clean and renewable energy company based in Türkiye. Under IEH, Multiply Group aims to continue expanding its utilities and energy investments globally. Kalyon Enerji’s assets ...

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