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Global funds sell most India stocks since 2022 ‘rally’

BLOOMBERG Indian stocks notched their biggest outflow of foreign investor funds in 19 months, as some profits were booked after a record-breaking rally. Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022. They sold another $374 million, according to provisional data, as trading resumed after the surprise trading holiday announcement. ...

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ERDC launches National R&D Leadership Programme

DUBAI / WAM The Emirates Research Development Council (ERDC) has launched the National Research and Development Leadership Programme, marking a significant milestone in the UAE’s pursuit of an innovation- and knowledge-based economy. Overseen by the Ministry of Industry and Advanced Technology’s General Secretariat team, the programme has been launched in collaboration with the Advanced Technology Research Council (ATRC) and Mohammed ...

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Sheikh Hamdan meets with heads of Dubai Government entities, officials

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday met with a number of Directors General and senior officials of the Government of Dubai at His Highness’s Majlis in Za’abeel. The meeting formed part of His Highness’s routine engagements with officials from various sectors to ...

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