Catherine Putz SPECIAL TO EMIRATES BUSINESS Ahead of the planned May 12 inauguration of the CASA-1000 project, the World Bank, one of the project’s main financiers, published a Q&A to try and provide answers to sustained criticisms of the project. The $1.17 billion CASA-1000 project aims to supply electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan via a …

  BLOOMBERG U.S. stocks slipped after the biggest gain in two months, as global equities continued to churn just below multiyear highs amid corporate results and persistent signs that worldwide growth remains lackluster. Metals advanced as the dollar slipped. The S&P 500 Index retreated for the first time in four days, while European equities slid from a one-week high. Industrial …

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.46% to close at 4430.61 points. Accordingly the Market Capitalization has lost AED 3.3 billion attaining AED 720.89 billion. A total of 446.83 million Shares were traded with a total value of AED 0.58 billion during the trading session of 11-05-2016 through 6172 transactions. The number of companies …