Bloomberg The Middle East’s benchmark equity indexes all advanced on Sunday, tracking a global stock rally on optimism that a Democratic sweep in the US will boost fiscal spending in the world’s largest economy. Egypt’s EGX 30 Index climbed for a third day to lead regional gains as the government reported declining inflation. Meantime, Saudi shares increased, hovering at their ...

Bloomberg Plug Power Inc., a fuel-cell company that’s struggled to turn a profit, surged in value to nearly $25 billion after striking a deal with a South Korean conglomerate to promote hydrogen technology in Asia. Shares in the Latham, New York, company jumped more than 50%, when SK Group agreed to pay $1.5 billion for a 10% stake in it. ...

ABU DHABI / WAM The United Arab Emirates has provided urgent humanitarian aid to those affected by the floods that swept the state of Pahang, Malaysia. The move is in implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up ...