Bloomberg Shares in Ferrari NV tumbled the most in more than two weeks after the luxury sports carmaker issued a recall for 2,222 of its vehicles in China, telling owners there may be some problem with the brakes. According to Bloomberg Intelligence data, that’s the equivalent volume of almost every car Ferrari has sold in the country since 2018 ...

  Abu Dhabi / WAM Emirates Stallions Group PJSC subsidiary, Royal Development Company (RDC), a property management firm, have been appointed by Q Properties to manage Reem Hills, the recently launched AED8 billion luxury residential project on Abu Dhabi’s Reem Island. With the first phase due for completion in December 2024, Royal Development Company will manage the project in its ...

  Abu Dhabi / WAM The UAE has strongly condemned the two terror attacks in Afghanistan, one of which targeted a mosque in Mazar-e-Sharif, in which a number of civilians were killed and injured. In a statement on Friday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that, “the UAE expresses its strong condemnation of these criminal acts ...