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Bloomberg Ethiopia’s government vowed to continue work on a massive dam that’s stoked tensions with Egypt, even as the Horn of Africa nation contends with the growing spread of the coronavirus. Completing what would be Africa’s largest hydropower reservoir, filling it and producing electricity is a top priority for Ethiopia, State Minister for Finance Eyob Tekalign said on a conference …

Bloomberg The cost of pollution is headed for its biggest weekly gain in more than two years in Europe on optimism that the economy is preparing to snap back from coronavirus-imposed lockdowns. After falling 25% in March, the price of permits to emit carbon dioxide is still well below where it started the year. The gains are a sign that …

Bloomberg The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors. Only two of the country’s five listed securities have attracted international traders since rules were relaxed on March 20, leaving their foreign-shareholding ratios at minimal levels. Officials had hoped to attract funds from both expatriates and non-resident foreigners. “After two trading days when …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …