Bloomberg Energy stocks dropped with oil prices as investors weighed reports that the Biden administration is considering a massive release of crude from US reserves to fight inflation. Stocks in Europe are set for the first quarterly decline since 2020. Shares in big US energy companies declined in premarket trading, while index futures mostly advanced, Treasuries held gains and ...

DUBAI / WAM Abu Dhabi Fund for Development (ADFD) has signed a Memorandum of Understanding (MoU) with the African Development Bank (AfDB), aimed at strengthening cooperation over investment in strategic sectors in Africa that would sustainably drive socioeconomic development in the continent, while also achieving the UAE’s development- financing goals for developing countries. The MoU was signed by Mohamed Saif ...

  ABU DHABI / WAM Edge has officially launched the first major phase of its cutting-edge Learning & Innovation Factory (LIF), a pioneering Industry 4.0 ‘one-stop hub’ providing an inspiring and immersive environment for learning, innovation, and operational excellence — empowering talent with key skillsets and capabilities across multiple spheres of advanced technology. Edge, which is the region’s leading advanced ...