ABU DHABI / WAM The UAE stock exchanges gained AED7.5 billion in market cap on Tuesday following reports purporting initial negotiations on potential mergers between Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank. The shares of the ADX-listed ADCB and Union National Bank therefore closed high at AED8.00 and AED4.34 respectively, following robust demand by investment agencies …

ABU DHABI / WAM A total of 274 cyberattacks targeted government, semi-government and private sector entities in the UAE during the first seven months of the year, 39 percent down as compared to the corresponding period in 2017, according to the Telecommunications Regulations Authority (TRA) statistics. The decline in reported attacks is attributed to the efforts made by the Computer …

Dubai / Emirates Business Emirates and Jetstar Pacific have announced a new codeshare agreement, expanding the existing partnership between the Dubai-based carrier and Jetstar Group. The new partnership with the Ho Chi Minh City-based carrier allows Emirates’ passengers to enjoy connectivity on domestic flights within Vietnam, in addition to flights connecting Vietnam to Singapore, Thailand as well as Australia. The …