ABU DHABI / WAM The UAE stock markets continued to capitalise on improved investor sentiments, with blue-chip industrial, banking and real estate stocks leading the gainers in the capital’s bourse, with financials, industrials, and communication services driving the Dubai Financial Market, with both ending the session up 0.453% and 0.176% respectively. In Abu Dhabi, Index FADGI closed at 9,771.420 pts, …

DUBAI / WAM Dubai Electricity and Water Authority (Dewa)’s Research and Development Centre (R&D) has filed a new patent on an innovative device that enhances the process of melting and extruding raw metal materials to the construction platform. The device also maintains the optimum temperature required to handle raw metal materials in 3D printing. It also improves the performance of …

BLOOMBERG US futures and European stocks clocked mild gains on Friday as investors awaited Federal Reserve Chair Jerome Powell’s speech from Jackson Hole. Contracts on the S&P 500 gained 0.3%, signalling respite for underlying equities after August 24’s decline. Europe’s Stoxx 600 extended its first weekly advance in four. Commodity shares led gains as oil and iron ore prices climbed. …