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Stocks decline as China data saps risk sentiment

BLOOMBERG European stocks and US equity futures followed Asian shares lower after weak services-industry data from China raised fresh concerns about the outlook for the global economy. The Stoxx Europe 600 Index fell about 0.5%, with miners leading the retreat on concern about waning minerals demand from China. The gauge extended its decline after a composite purchasing managers’ index for ...

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Al Mazrouei reveals details of updated UAE Energy Strategy 2050

ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, on Tuesday revealed the details of the updated version of the UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy that were approved by the UAE Cabinet to enhance the country’s efforts to meet its climate and net-zero commitments by 2050. In a ...

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Under directives of UAE President, UAE to establish field hospital in Chad

ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE has begun to build a field hospital in the Chadian city of Amdjarass to support Sudanese refugees. The Ministry of Foreign Affairs announced that the establishment of the field hospital, with a contribution from the Khalifa Bin Zayed Al Nahyan Foundation, ...

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