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Abu Dhabi shares at record high amid escalating Mideast tension

Bloomberg Abu Dhabi’s main stock index rises to a record, even amid heightened tensions in the region, as the benchmark’s biggest member surged on hopes of foreign inflows. The ADX General Index climbed 3.5% at the close on Sunday, after earlier gaining as much as 3.8%, boosted by gains for First Abu Dhabi Bank (FAB), the biggest lender in the ...

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FCCI, Moldovan chamber to form joint business council

DUBAI / WAM The UAE Federation of the Chambers of Commerce and Industry (FCCI) has signed a Memorandum of Understanding (MoU) with Moldova’s Chamber of Commerce and Industry to form a joint business council for Emirati and Moldovan business owners. The MoU calls for promoting investment and economic opportunities between the two countries, enhance their commercial cooperation, boost their commercial ...

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Schools in UAE resume classes after Eid vacation

Abu Dhabi / WAM Public and private schools that follow the Ministry of Education’s curriculum, as well as international schools, resumed classes following the Eid al-Fitr vacation. School administrations stressed their keenness to carry out their academic plans, in line with pre-set timelines and before the start of end of year exams. The Emirates Foundation for School Education (Taaleem) recently ...

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