Dubai / Emirates Business The Middle East and North Africa’s (Mena) data centre spend will reach a record-high of nearly $5 billion in 2019, industry experts said, as organisations drive data centre modernisation as the foundation of their digital transformation. Organisations are modernising data centre infrastructure to optimise costs, increase agility, foster innovation, and operate more efficiently, argues the UAE-based …

ABU DHABI / WAM The Ministry of Economy discussed the means of developing the economic relations between the UAE and the United States (US), as well as their overall cooperation, especially in the area of standards and metrology and their commercial application. Juma Mohammed Al Kait, Assistant Under-Secretary for the Foreign Trade Sector of the Ministry of Economy, explained that …

Bloomberg US equities climbed as investors awaited this week’s central bank decisions, including word from a recently more-dovish Federal Reserve. The euro strengthened while Treasuries slipped. The S&P 500 Index continued rising on Tuesday after climbing to a five-month high the day before. Consumer-discretionary, materials and semiconductor stocks led the charge. The Dow Jones and Nasdaq 100 gauges followed suit, …