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China tech stocks rise as Xiaomi’s buybacks lift investors’ sentiment

  Bloomberg Chinese tech stocks extended a rally into a second day on Wednesday, as share buybacks by Xiaomi Corp. and Alibaba Group Holding Ltd. spurred hopes that other tech firms may follow suit. The Hang Seng Tech Index ended 2.1% higher, with Xiaomi gaining 4.1% and Bilibili Inc’s 10% advance among the outperforming names. The gauge has climbed nearly ...

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ADFD-funded colleges open in Jordan

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration of five colleges in Jordan, which were built with an ADFD funding of AED80.3 million. The initiative is part of the Jordanian Public Universities Development Programme that includes the implementation of 27 projects in the education sector at a total value of AED466 million to ...

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Mubadala, Aris Gold partner for gold mine project in Colombia

  ABU DHABI / WAM Mubadala Investment Company announced on Tuesday that it has entered into a definitive agreement with Aris Gold Corporation (Aris Gold) for the operation of Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects. Through a joint venture company, Aris Gold will acquire a 20 percent ownership interest in Sociedad Minera ...

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