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Dollar gains pressure on emerging-market stocks and currencies

BLOOMBERG Emerging-market stocks fell to the lowest level since March as a strengthening dollar and elevated US yields damped investor appetite for riskier assets. Traders are wary of taking on riskier bets in emerging markets amid rising expectations rates will stay higher for longer in the US, or even increase. The flight to safety sent MSCI Inc’s gauge of developing-nation ...

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UAE delegation takes part in IAEA 67th General Conference

VIENNA/ WAM The United Arab Emirates is participating in the 67th General Conference of the International Atomic Energy Agency (IAEA) in Vienna, Austria, from 25th to 29th September. The week-long conference is being held under the theme “Global Cooperation in the Nuclear Field”. The UAE delegation, led by Ambassador Hamad Al Kaabi, UAE Permanent Representative to the IAEA, includes various ...

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UAE President amends provisions of Federal Decree-Law on establishment and organisation of Presidential Court

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan issued Federal Decree-Law No.26 of 2023, amending some provisions of Federal Decree-Law No.4 of 2004 regarding the establishment and organisation of the Presidential Court. The Decree-Law stipulates that the term ‘Chairman of the Court’ shall be replaced with the word ‘Minister’ and the term ‘Chairman of the Presidential Court’ ...

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