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UAE stocks generate over AED1 bn cash flows Monday

ABU DHABI/ WAM UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions. The Abu Dhabi Securities Exchange (ADX) gained AED 885.8 million in liquidity, as compared to the AED 115.2 million gained by the Dubai Financial ...

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Hamdan bin Mohammed interacts with dignitaries and senior officials at Zabeel majlis

DUBAI/ WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, met today with a number of dignitaries and senior officials at Zabeel majlis keenly enquiring about the progress of projects they were undertaking. During the meeting, Sheikh Hamdan said that the directives of His Highness Sheikh Mohammed bin Rashid ...

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Asset managers turn bullish on yen over Fed, BOJ path

BLOOMBERG Asset managers turned bullish on the yen from bearish for the first time since May on the growing view that the Bank of Japan (BOJ) will probably end its ultra-easy policy in 2024 while its major peers cut interest rates. The latest Commodity Futures Trading Commission data for the week through December 19 also showed a slight reduction in ...

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