ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Cardinal Pietro Parolin, Vatican Secretary of State, on the sidelines of the Global Faith Summit on Climate Action. During the meeting, the two sides discussed bilateral relations and the two nations’ efforts to promote values of tolerance, coexistence and human fraternity. They …

ABU DHABI / WAM A recent report revealed that 29 initial public offerings (IPOs) were recorded in the Middle East and North Africa (Mena) region during the first nine months of this year, with total proceeds of $5.8 billion. The report, issued today by Ernst Young (EY) on IPO activity in the region, stated that all IPOs executed in the …

BLOOMBERG Stocks retreated and the dollar rose after a Federal Reserve policymaker dampened hopes of speedy interest rate cuts from the US central bank.  Europe’s Stoxx 600 equity index opened around flat, and US equity futures contracts slipped about 0.2% as it became clear central banks will lean against traders’ rate-cut bets. Financial shares rose, led by UBS Group AG, …