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Nasdaq futures sink 2% as European shares rise

Bloomberg The Nasdaq 100 Index extend losses, with futures falling as much as 2% in early European trading. Oil climbed after Saudi Arabia said the world’s largest crude terminal was attacked. Rising bond yields continue to dominate investor attention and fan concerns about lofty tech valuations. The global picture in equities was mixed on Monday, with losses in S&P 500 ...

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Emirati women account for 33.7% of population: Report

Abu Dhabi / WAM The Federal Competitiveness and Statistics Centre revealed its recent statistics about women in the UAE, highlighting the fact that Emirati women account for 33.7% of the population. The report included several statistics underscoring the country’s leadership in women’s empowerment, and noting that the recent UAE cabinet reshuffle included 33 ministers, nine of whom are women, and ...

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Abu Dhabi’s IHC reports AED3b net profit for 2020

ABU DHABI / WAM Abu Dhabi-based strategic investment company International Holding Company (IHC) reported a net profit of AED 3 billion for 2020, a six-fold, year-on-year increase, driven by a series of acquisitions as well as organic growth across its diversified portfolio. In its fully audited financial statements for the full year 2020, published on 4th March 2021, the Company ...

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