BLOOMBERG China’s monetary and fiscal stimulus measures will only go so far to lift its stock market, with structural reforms necessary for a long-term boost, according to Allianz Global Investors. “It’s a confidence issue,” Raymond Chan, the firm’s equity chief investment officer for the Asia Pacific, said in an interview. Reforms to China’s heavyweight property sector and listed companies overall ...

SAUDI ARABIA / GULF TIME Al Baddad Saudi Holding breaks the Guinness World Recordsâ„¢ title for the Largest Marquee Complex (Cumulative Area) Albaddad Capital, through its arm in the Kingdom of Saudi Arabia, Albaddad Saudi Holding and Albaddad Manasik achieved a new and unique achievement by breaking the Guinness World Recordsâ„¢ title for the Largest Marquee Complex (Cumulative Area), as ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Shavkat Mirziyoyev on his re-election as President of the Republic of Uzbekistan. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...