Bloomberg Global investors returned in earnest to China’s stock markets in May, erasing much of the year’s earlier outflows, as investors bet that policy support and the emergence of key cities from Covid-lockdowns will spark a revival. They added 16.9 billion yuan ($2.5 billion) of Shanghai and Shenzhen shares via trading links this month, narrowing year-to-date outflows to just ...

  Abu Dhabi / WAM The UAE on Monday strongly condemned the storming of Al Aqsa Mosque courtyard by extremist settlers under the protection of Israeli forces. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) reiterated its firm position on the need to provide full protection for Al Aqsa Mosque and halt serious and provocative violations ...

  Abu Dhabi / WAM Adnoc Drilling company on Monday announced it has signed a Sale and Purchase Agreement (SPA) to acquire an additional two premium offshore jack-up drilling units. The investment is central to the company’s enterprising expansion strategy and forms part of its three-year guidance on capital expenditure. Adnoc Drilling’s fast-tracked fleet expansion programme keeps the company firmly ...