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Billions are pouring into chipmaker ETFs stung by stock drops

Bloomberg Investors are flooding into exchange-traded funds focused on semiconductor stocks, wagering the industry will rebound from the supply-chain snags and chip shortage that have dragged the shares lower. Semiconductor ETFs have seen roughly $6.8 billion of inflows since the beginning of the year, surpassing the $5.2 billion for all of 2021 and the $2.1 billion for the year before, ...

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UAE calls on UNSC to facilitate closure of vaccination gap

New York / WAM The United Arab Emirates has called for continued commitment from the United Nations Security Council to close the stark Covid-19 vaccination gap around the world. Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology, delivered the UAE’s statement at a council meeting on the implementation of two resolutions that call for international cooperation and ...

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UAE expresses solidarity with Philippines over storm victims

  ABU DHABI / WAM The United Arab Emirates expressed its sincere condolences and solidarity with the brotherly Republic of Philippines over the victims of landslides and floods caused by the tropical storm that hit several areas of the Philippines this year, killing and injuring dozens. In a statement on Tuesday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) ...

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