Bloomberg Markets are showing signs of recovery as traders stepped in after a selloff sparked by hawkish minutes from the Federal Reserve. Europe’s Stoxx 600 gained 0.4%, boosted by a rally in shares of Atlantia SpA, the billionaire Benettons’ highway and airport group. Atlantia added 10% in Italian trading after Global Infrastructure Partnersand Brookfield Asset Management Inc said they ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) on Wednesday announced that, following yesterday’s completion of the book building and subscription process for its initial public offering (IPO), it has set the final offer price for its IPO at AED2.48 per share. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, ...

  Abu Dhabi / WAM The foreign direct investment (FDI) inflows into the UAE recorded a 3.9 percent growth in 2021 compared to 2020 to reach nearly AED 76 billion. As a result, the total FDI balance in the country increased to reach nearly AED 630 billion by the end of 2021, highlighting a 13.7 percent growth over 2020. Over ...