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European stocks soar ahead of key ECB meet

London / WAM Europe’s main stock markets pushed higher on Wednesday, shrugging off losses across Asia on the eve of a key meeting of the ECB as traders look for policy action from central bankers. The European Central Bank will almost certainly announce new stimulus measures at its policy meeting on Thursday, analysts said, as eurozone inflation turns negative and ...

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Khalifa amends Etihad Airways establishment law

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued, in his capacity as Ruler of Abu Dhabi, a law amending provisions of the Law No. 1 for 2003 pertaining to the establishment of Etihad Airways Company. Under the law, the Board of Directors of Etihad Aviation Group shall also serve as the Board of ...

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Rain lashes UAE, shuts Abu Dhabi stock market, airport

Bloomberg Torrential rain and electrical storms battered the UAE, shutting Abu Dhabi’s stock exchange and the city’s international airport. Schools were closed and roads across Dubai and other emirates were flooded. Wednesday’s trades at the Abu Dhabi Securities Exchange, the second-biggest in the Gulf Cooperation Council by market value, were cancelled, according to Al Arabiya TV. No one at the ...

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