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China stocks slip as absence of policy measures adds to worries

  Bloomberg Chinese equities fall on Monday as traders remained concerned about whether there would be adequate policy support to spur growth after lenders left the borrowing costs unchanged. The CSI 300 Index closed down 0.2% after falling as much as 1%. Rate-sensitive financial firms and property developers weighed on the market. The Hang Seng China Enterprises Index, which tracks ...

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Blackstone plans fund for people with millions not billions

  Bloomberg Dentists, surgeons and other suburban millionaires don’t loom large on the client rosters of buyout funds run by the most elite investment companies. But inside Blackstone Inc, plans are afoot to develop its first private equity fund targeting such individuals as part of a project codenamed “BXPE.” The goal: build new war chests that would eventually gather tens ...

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Arab coalition intercepts Houthi attacks targeting Saudi facilities

  Riyadh / WAM Arab coalition has intercepted terrorist Houthi militia’s latest attacks targeting Saudi civilian objects and economic installations. Brigadier General Turki Al-Malki, the Official Spokesperson of the Coalition to Restore Legitimacy in Yemen, has said that the Houthi militia has escalated its hostile, cross-border attacks towards the Kingdom last night and earlier this morning, targeting civilian objects and ...

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World’s biggest oilfield service providers halt future Russia work

Bloomberg The world’s three biggest oilfield service providers are halting future work in Russia in response to President Vladimir Putin’s invasion of Ukraine, announcing their decisions separately and within 24 hours of each other. Baker Hughes Co said it’s suspending new investments in Russia operations but continuing with existing work there, according to a statement. That followed a similar statement ...

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Abu Dhabi sees increased happiness, satisfaction rates

  Abu Dhabi / WAM The Department of Community Development (DCD) in Abu Dhabi has announced that the quality of life indicators in the emirate show increased happiness and satisfaction rates. This was announced on a day that coincides with International Day of Happiness, on 20th March, and is considered one of the most important days declared by the United ...

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Estonia marks its National Day at Expo 2020

  Dubai / WAM Estonia celebrated its National Day at Expo 2020 Dubai on Sunday with a strong focus on its status as one of the world’s most digitally-advanced societies. Alar Karis, President of the Republic of Estonia, was welcomed by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Commissioner-General of Expo 2020 Dubai. On this ...

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Sheikha Fatima pays tribute to Emirati mothers

  ABU DHABI / WAM On the occasion of Mother’s Day, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has paid tribute to Emirati mothers, mothers of martyrs and all mothers around the world. In a statement on the occasion, ...

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Cybersecurity experts to gather at Gisec Global 2022

  Dubai / WAM Gisec Global 2022, the region’s largest and most influential cybersecurity event, opens on Monday, and will host government leaders, the world’s top cybersecurity companies and international experts who will collaborate to curate regional cybersecurity agendas. Gisec Global will focus on this year’s key theme of “Enabling Future Cybercities: Everything Enabling, Everything Secure.” Featuring more than 300 ...

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Gisec Global features 300 exhibitors from 70 nations

  Dubai / Gulf Time Gisec Global 2022, the region’s largest and most influential cybersecurity event, opens on Monday and will host government leaders, the world’s top cybersecurity companies and international experts, who will collaborate to curate regional cybersecurity agendas. Featuring more than 300 exhibitors and attracting 10,000 industry professionals, business leaders and changemakers from more than 70 countries, Gisec ...

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