Bloomberg Stocks in Europe and US futures were steady on Monday, bolstered by Jerome Powell’s signal that pandemic-era Federal Reserve policy support will be withdrawn cautiously and gradually. Contracts on the S&P 500 were little changed and those on Nasdaq 100 edged higher after a record Wall Street close in the wake of Chair Powell’s Jackson Hole speech, while the ...

ABU DHABI / WAM The National Central Cooling Company PJSC (Tabreed) has announced the acquisition of an additional 50 percent stake in the exclusive 80,000 refrigeration ton district cooling scheme supplying Al Maryah Island in Abu Dhabi, including its major entertainment, hospitality, retail, commercial and residential developments. The acquisition is from joint venture partner, Mubadala Infrastructure Partners (MIP), bringing Tabreed’s ...

MOSCOW / WAM Dr Mohammed Ahmed Al Jaber, UAE Ambassador to Russia, has highlighted the importance of cooperation between the UAE and Russia in maintaining international security. In his statement to the Russian News Agency (TASS), Al Jaber said, “We are confident that the strategic cooperation and mutual trust between our leaderships will enable our countries to respond to threats ...