Bloomberg Adani Group companies have seen more than $135 billion of equity market value wiped out since the explosive Hindenburg Research report, but none is hit as bad as Adani Total Gas Ltd. The stock has lost more than three quarters of its value since the short seller report was published on January 24. Yet, it is the second-most ...

  Bloomberg Global stocks trimmed gains and US equity-index futures dropped on concern the Federal Reserve will keep borrowing costs higher for longer. Optimism over China’s economic recovery that drove a rally in Asia fizzled in European hours. The Stoxx Europe 600 Index erased an advance, falling for a second day. The Shanghai Composite Index earlier climbed the most since ...

  Bloomberg Oil capped its longest string of daily losses this year as hawkish signals from Federal Reserve officials added to concerns about a glut of crude piling up in storage. A significant increase in US inventories and a broader risk-off sentiment sparked by the prospect of continued rate hikes from the Fed have weighed on oil this week. The ...

  Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the International Defence Conference (IDC 2023), got underway on Sunday at Adnoc Business Centre one day ahead of the International Defence Exhibition and Conference (Idex), and the Naval Defence & Maritime Security Exhibition (Navdex). The one-day International Defence Conference is organised by ...

  Abu Dhabi / WAM G42, the leading UAE-based artificial intelligence and cloud computing technology holding company, and its subsidiaries Bayanat, Presight.AI and G42 Cloud, have announced their participation as Strategic Partner at the International Defence Conference (IDC), which is organised by Adnec group in cooperation with Tawazun Council and the UAE Ministry of Defence. The event, held on February ...

  Abu Dhabi / WAM By enhancing its integrated ecosystem and strengthening the food supply chain, Khalifa Economic Zones Abu Dhabi (Kezad group) is working to realise the UAE’s vision of becoming the world’s best on the Global Food Security Index by 2051. Kezad is participating in the 28th edition of Gulfood, one of the largest F&B sourcing events in ...

Sharjah / WAM Expo Centre Sharjah (ECS) has discussed with Etisalat Services Holding (ESH) ways to enhance cooperation aimed at developing the exhibitions and conferences Industry, in addition to exchanging views and experiences and developing joint work to enhance ECS’s efforts towards achieving the optimum investment of information and communication technology (ICT) and digital solutions with a view to providing ...

  Sharjah / WAM Sharjah Electricity, Water and Gas Authority (Sewa) has completed the installation of 23,000 new smart meters in 2022 and replaced mechanical meters with smart meters in various regions of Sharjah. The new smart meters are accurate which contribute to providing accurate readings free from errors, as well as rationalising energy consumption, and saving time and effort. ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, welcomed the visitors at the 16th edition of the International Defence Exhibition and Conference (Idex), the 7th edition of the Naval Defence and Maritime Security Exhibition (Navdex) 2023, and the International Defence Conference (IDC), which are held ...

  HATAY, TURKIYE / WAM The Sheikh Mohamed bin Zayed Field Hospital in Reyhanlı district of Hatay Province in Turkiye has begun receiving the injured and those affected by the quake that struck the country recently, as part of Operation “Chivalrous Knight / 2’’. Saeed Thani Hareb Al Dhaheri, UAE ambassador to Türkiye, attended the opening the hospital accompanied by ...