Recent Posts

Tide is turning for HK stocks at 50% discount to S&P 500

Bloomberg Amid all the doubt surrounding Hong Kong’s future as a global financial hub, one thing is certain: the city’s stock market is an enticing target for the wave of cash that’s returning to the world’s equities. Rarely has the valuation case for the city’s shares been this compelling. Investors price the world’s fourth-largest bourse like a frontier market, with ...

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Covid-19: Abu Dhabi’s firm to roll out breakthrough tech for mass testing

ABU DHABI / WAM Group 42, a UAE-based artificial intelligence and cloud computing company, and Oxford Nanopore Technologies, an advanced sequencing technology company based in the UK, announced on Tuesday they have developed an unprecedented population-scale technology that rapidly and accurately detects Sars-CoV-2, the virus that causes Covid-19. The end-to-end solution will be officially launched within weeks. With ultra-high parallel ...

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Masdar to develop 500MW wind project in Uzbekistan

ABU DHABI / AGENCIES Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project. The Power Purchase Agreement (PPA) and Investment Agreement was signed during a virtual ceremony by Sardor Umurzakov, Deputy Prime Minister and Minister ...

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