Bloomberg European stocks better reflect the coming slide in earnings than pricey US peers, according Citigroup Inc. strategists. A team led by Robert Buckland raised European equities to overweight on Friday, saying valuations already discount a 15% drop in earnings. At the same time, they cut US shares to underweight on the grounds that earnings expectations are still too …

Fujairah / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Emirates Council for Balanced Development, has launched the ‘Qidfa Development’ in the emirate of Fujairah, which is the first project of the ‘Emirates Villages’, an initiative aimed at creating a sustainable development model. HH Sheikh Theyab said …

  Abu Dhabi / WAM The UAE strongly condemned the terrorist attack that took place in the Hiraan region, central Somalia, which resulted in the death and injury of numerous people. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of …