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India stocks fall as US stimulus concern mutes sentiment

Bloomberg India stocks fall as an elusive US stimulus deal kept sentiment muted in the region while investors closely watched local companies’ earnings. The S&P BSE Sensex lost 1.6% to 40,042.70 as of 2:19 pm in Mumbai, while the NSE Nifty 50 Index also declined by the same magnitude. “It is predominantly global factors at play here with US futures ...

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UAE keen to boost cooperation to achieve global prosperity: VP

Dubai / WAM Under patronage of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, the World Government Summit Foundation, in partnership of the United Nations, is organising high-level virtual celebratory event entitled “75 Minutes for Global Collaboration” on Monday. The event will address the importance of international cooperation, ...

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Aldar to take over Abu Dhabi government’s capital projects

ABU DHABI / WAM As part of the Abu Dhabi government’s efforts to support the emirate’s real estate sector and public-private partnership initiatives, the Abu Dhabi Executive Committee directs the development of a public-private partnership framework to implement capital projects in the emirate. In this context, ADQ, holding company with a broad portfolio of major enterprises, spanning key sectors of ...

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