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Selloff in stocks isn’t over yet, says Morgan Stanley

  Bloomberg The rout in stocks isn’t over just yet, according to Morgan Stanley strategists, who see scope for both US and European equities to correct further amid mounting concerns of slowing growth. Strategist Michael Wilson, who has long been a skeptic of the decade-long bull run in US stocks, said in a note that even after five weeks of ...

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Nahyan: Post-Covid world to see major spending on infrastructure

  Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance & Coexistence, Guest of Honor, delivered an encouraging message to industry leaders at the Samena Telecommunications Council’s annual congregation of Telecoms and multi-industry leaders, “Leaders’ Summit 2022”, continuing the years-long legacy of inspiring the Industry with his messages and drawing focus on imperatives for future ...

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Investments in new desalination plants in UAE reach AED7.63bn

  Abu Dhabi / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the value of investments in new desalination plants in Abu Dhabi, Dubai, and Umm Al Qaiwain amounted to AED7.63 billion ($2.08 billion), in line with the directives of the UAE’s leadership to achieve water security. In an interview with the Emirates News Agency (WAM), ...

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