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Global stocks slide after BoJ shock, weak US data

  London / AFP European and US stock markets slipped on Thursday, taking their lead from Tokyo which fell heavily as the Bank of Japan shocked traders by deciding against fresh stimulus measures. The surprise move by the BoJ came a day after the US Federal Reserve provided a positive outlook on the global economy, highlighting mixed signals from the ...

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VP issues decree on Meydan City Corp

  DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Thursday issued decree No (17) of 2016 forming the Board of Directors of Meydan City Corporation. Pursuant to the decree, the new Board has been formed with Saeed Humaid Al Tayer as Chairman, ...

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DEWA team meets Chinese public and private firms

  SHANGHAI / WAM A delegation from Dubai Electricity and Water Authority (DEWA), headed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, has begun meetings with Chinese public and private organisations. The delegation to China is building stronger ties and developing partnerships with China’s public and private sectors. This supports the Dubai Clean Energy Strategy 2050, which gives ...

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