Abu Dhabi / WAM The Department of Economic Development (DED), in Abu Dhabi shut down 15 commercial facilities in the emirate during the month of January due to price hikes on goods. The step was taken as part of department’s continuous efforts to follow up on the implementation of the circulars issued earlier regarding the utilisation of the value added ...

Bloomberg European shares failed to carry forward a rally from Japan and the US, where the S&P 500 index notched its best week in five years. Oil climbed while the dollar advanced against most major peers. The Stoxx Europe 600 index slipped as auto and consumer stocks dropped. That contrasted with Asia, where equities built on their best week since ...

Reuters Gulf stock markets were sluggish on Monday, with a dividend cut pulling down major Abu Dhabi-listed financial firm Waha Capital, but Egypt’s bourse rose on the back of a gain by its biggest bank. Equities in the Gulf rallied along with oil late last year and Saudi Arabia saw its largest-ever inflow of equity funds last month. But Brent ...