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Stocks in India rise on Covid-19 vaccine trial pause, inflation woes

Bloomberg India’s stock benchmark eked out gains to rise for a ninth straight day, as investors shrugged off concerns about a halt in Johnson & Johnson’s Covid-19 vaccine study and rising domestic inflation. The S&P BSE Sensex closed up 0.1%, after swinging between gains of 0.5% and losses of 0.3% following Johnson & Johnson’s announcement that its study had been ...

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Sheikh Mohamed, Israeli PM discuss bilateral relations

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from Israeli Prime Minister Benjamin Netanyahu, to discuss the progression of bilateral relations in view of the peace accord the two countries recently signed. The officials also reviewed the steps ...

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Dubai’s non-oil external trade hits AED551 billion in H1 2020

Dubai / WAM Dubai recorded AED551 billion worth of non-oil external trade in the first half of 2020. The emirate’s ability to minimise the impact of the pandemic-induced global economic slowdown on its trading sector reflects its exceptional logistics infrastructure, which enabled it to maintain uninterrupted trade flows and a streamlined supply chain. Imports accounted for AED320 billion, exports AED77 ...

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