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Japan’s stocks jump as ruling coalition secures poll victory

Bloomberg Japanese stocks jumped after the ruling coalition secured an election victory that was better than many had expected, paving the way for the administration of Fumio Kishida to begin enacting economic stimulus. The benchmark Topix gained 2.2%, the most since September 24, while the blue-chip Nikkei 225 Stock Average climbed 2.6%, the most since June 22. Utilities were among ...

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Sheikh Mohamed orders golden visas for frontline heroes, families

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has directed granting Golden Visas to “frontline heroes” and their families. Those eligible include the families of fallen frontline heroes, and distinguished individuals whose extraordinary efforts helped protect the nation and its people throughout ...

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ADIB’s 9-month net profit up 43% to AED1.6 billion

ABU DHABI / Emirates Business Abu Dhabi Islamic Bank (ADIB), a leading Islamic bank in the region, delivered a strong set of financial results for the first nine months of 2021. Net profit surged 43% year-on-year to AED 1,602 million from AED 1,121 million in the same period last year. The growth in net profit reflects the strong underlying performance ...

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