BLOOMBERG US equity futures steadied as investors awaited US inflation data that may shed light on the Federal Reserve’s next policy move. Contracts on the S&P 500 erased a small gain to trade flat before the widely-watched report that could stoke fresh volatility. Treasury two-year yields rose, holding above 4%, while the dollar was broadly lower. US headline inflation is ...

ABU DHABI / WAM The Ministry of Economy and Cisco have launched a digitisation initiative as part of the “Entrepreneurial Nation 2.0” programme, aimed at boosting the growth of small and medium enterprises (SMEs) in the UAE. The ‘Scale Up track’ of the initiative offers SMEs the opportunity to participate in the “Cisco Product Innovation Lab” and benefit from Cisco’s ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a letter to President Othman Ghazali of Comoros, which included an invitation to COP28, which will be held in Dubai Expo City this November. The letter was delivered by Saeed Al Maqbali, UAE ambassador to the Comoros.