BLOOMBERG Stocks slumped, putting a global benchmark on track for the biggest weekly loss since March, as worries about China and higher global interest rates sapped sentiment. US equity futures were indicated lower, building on the selloff that’s stretched across risk assets. Bitcoin slid as much as 8% and oil was set for its first weekly loss since June. The …

ADDIS ABABA / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Dr Abiy Ahmed, Prime Minister of the Federal Democratic Republic of Ethiopia, on Friday held talks on various aspects of bilateral relations, in addition to broader regional and international issues of mutual interest. During the meeting held in Addis Ababa, the Prime Minister of Ethiopia welcomed …

ABU DHABI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE’s leadership had directed the country to strengthen its relations with African nations, especially Ethiopia. Ethiopia is the second-largest country in Africa by population, with over 120 million people, and is a major market for the UAE’s non-oil exports and re-exports, …