ABU DHABI / WAM The Securities and Commodities Authority (SCA) entered into a memorandum of understanding (MoU) with the Astana Financial Services Authority (AFSA) in Kazakhstan to establish a framework for mutual cooperation in supervision, surveillance, and information exchange, thereby enhancing market transparency and increasing the efficiency of the securities sector in both countries. The MoU was signed between Dr ...

ABU DHABI / WAM The UAE Space Agency (UAESA) announced the first batch of opportunities for startups, private companies, and research centres in the UAE to take part in the Emirates Mission to the Asteroid Belt, the first-ever mission to explore and study seven asteroids of the main asteroid belt. The invite came at the UAESA’s participation in the “Make ...

BLOOMBERG Wall Street’s reaction to the latest jobs report showed bets that another Federal Reserve interest-rate hike is likely in the bag — but that wouldn’t necessarily happen in June. As Treasury yields climbed, swap contracts projected officials will probably wait until next month to tighten again. The possibility of a Fed pause, more signals that the economy is still ...