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US stocks retreat as yen climbs with gold on growth concern

BLOOMBERG U.S. stocks slipped, gold rallied and the yen strengthened to a 17-month high amid renewed concern that central bank policies have failed to revitalize growth. The Standard & Poor’s 500 Index retreated into the middle of range that’s bound trading since the Federal Reserve’s March 16 meeting, while European equities reversed gains as bank shares slid. Gold rose after ...

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Emirates Securities Market up by 0.89percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.89% to close at 4480.72 points. Accordingly the Market Capitalization has gained AED 6.38 billion attaining AED 726.83 billion. A total of 0.98 Billion Shares were traded with a total value of AED 0.93 billion during the trading session of 07-04-2016 through 9887 transactions. The number of companies which ...

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Abu Dhabi extends bridge construction bid closing date

Bloomberg Abu Dhabi General Services Company (Musanada) has extended the tender closing dates for the two design-and-build contracts for the proposed crossing that will connect Al-Reem Island, Umlifaina Island and the rest of Abu Dhabi. Contract 2 is now due to be submitted on April 17 and the deadline for Contract 1 is April 27. The original tender closing date ...

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