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Stocks, US futures fall on inflation concern

Bloomberg Stocks fall with US futures on Wednesday as concerns about faster inflation and Covid-19 flare-ups in some nations rattled investors. Oil dropped for a second day. The Stoxx Europe 600 Index fell the most in a week, with commodity and leisure shares leading the drop. Contracts on all three US benchmarks were lower, led by those on the Nasdaq ...

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ADSB wins AED3.5b deal from UAE Navy to build patrol vessels

ABU DHABI / Emirates Business Abu Dhabi Ship Building (ADSB), the regional leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, was awarded on Tuesday an AED3.5 billion contract by the Ministry of Defense (MOD) and UAE Navy, to build Falaj 3-class Offshore Patrol Vessels (OPVs). The new contract is the largest-ever order received ...

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Sheikh Zayed Book Award unveils cultural programme at ADIBF

ABU DHABI / WAM Sheikh Zayed Book Award (SZBA) has revealed its cultural programme for the 30th edition of the Abu Dhabi International Book Fair (ADIBF), which will be held between May 23-29. In advance of its participation at ADIBF, SZBA has revealed its cultural programme during the week of the fair, which will comprise panel discussions involving winners of ...

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