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Sultan bin Ahmed witnesses graduation ceremony of Sharjah Education Academy

SHARJAH / WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, witnessed the graduation ceremony of the first and second cohorts of graduates from the Sharjah Education Academy on Monday at the academy’s campus in the University City of Sharjah. Following the rendition of the UAE National Anthem, HH Sheikh Sultan and the attendees viewed ...

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Adani stocks rise, head for best day since Hindenburg’s report

BLOOMBERG  Adani Group shares rallied, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research. The 10 Adani stocks added about $10 billion to their market value in Monday’s session, the biggest increase since Hindenburg’s scathing report in January. Flagship Adani Enterprises Ltd surged about ...

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Investors on edge in Asia’s worst-performing market after election

BLOOMBERG  A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government. The uncertainty has triggered an outflow of funds since the May 14 poll, worsening the rout in Asia’s worst-performing stock market this year and sending the baht lower against the dollar. While the coalition is ...

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