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Goldman strategist says stocks will bottom once Fed signals shift

Bloomberg The selloff in equities will reach a bottom once the Federal Reserve signals the end of tightening, which may not happen until recession is apparent, according to Goldman Sachs Group Inc. “It may be necessary for the market to become more confident than it is that financial conditions tightening has been sufficient and that the Fed has delivered and ...

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Ministers, officials highlight UAE’s Vision at WEF meeting

  DUBAI / WAM A UAE high-level delegation, encompassing UAE ministers, government officials and private sector leaders, is attending the World Economic Forum (WEF) annual meeting in Davos, taking place until May 26, to share the UAE’s vision and future directions in vital sectors and draw the features of agile partnerships in line with the new global changes. The meeting ...

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ADFD, Mauritius explore prospects for cooperation

  Abu Dhabi / WAM Khalifa Al Qabisi, Deputy Director-General of ADFD, hosted Shaukat Ali Soudhan, Ambassador of Mauritius, at the fund’s headquarters in Abu Dhabi, where the parties explored expansion of cooperation that would bolster crucial sectors in Mauritius. Al Qabisi said that the meeting was part of periodic interactions that are held to discuss cooperation over mutual interests ...

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