Recent Posts

South African stocks pause after 5-day losing streak

Bloomberg South Africa’s main stock benchmark traded broadly neutral in Johannesburg, as gains by index giants Naspers Ltd, BHP Group Plc, Richemont, which make up 40% of market capitalisation, offset weakness among precious metal miners and banks. 103 of the 142 listed companies traded lower in the morning. Before the index falls for five consecutive sessions, the longest losing streak ...

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Friends of Covax Facility strongly supports vaccine multilateralism

Abu Dhabi / WAM The Friends of the Covax Facility (FOF) strongly supports vaccine multilateralism and the goal of ensuring affordable, fair and equitable access to safe and effective Covid-19 vaccines for all. The Covax Facility is about to set a precedent of multilateral cooperation and solidarity and the FOF firmly believes in the importance and impact of this global ...

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Dubai’s airborne trade in gold, diamonds hits AED67 billion

Dubai / WAM Dubai Customs has announced that the emirate’s non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made AED67.1 billion from gold and diamond air-cargo trade between March and the end of June this year. Statistics released by Air Customs Centre Management at Dubai Customs show that ...

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