SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed the heads of municipalities in the emirate of Sharjah to carry out daily field tours, before starting their works, to find out the needs of the public in all fields. The Sharjah Ruler also directed AED19 million to fund the renewal ...
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BLOOMBERG The risk-on mood in markets stretched into another day as stocks climbed and the dollar weakened to a 15-month low. European shares extended the rally, which saw the Stoxx 600 Index surge 1.5%. Swatch Group AG, the maker of Omega and Longines watches, jumped more than 6% as China’s reopening fueled a rise in profits. Watches of Switzerland Group ...
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BLOOMBERG China’s tech stocks gained for a fourth day in Hong Kong as growing signs that the government’s long crackdown on the sector is finally over bolstered investor confidence. The latest leg of the rally came after Chinese Premier Li Qiang met with senior executives from country’s leading tech firms and urged local governments to provide more support to the ...
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ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from António Guterres, Secretary-General of the United Nations. Guterres expressed his appreciation for the UAE’s active contribution to progress in key regional and global areas. His Highness and the UN Secretary-General underscored the importance of the Black Sea Grain Initiative and reviewed ongoing ...
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Carlos Manuel Vila Nova of the Democratic Republic of Sao Tome and Principe, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...
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ABU DHABI / WAM Ali Al Hashemi, CEO of Yahsat Group, has announced that the company expects to allocate over $100 million this year for capital expenditures as part of the “T4-NGS†satellite programme. The programme, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025 with a total cost of up to $550 million, ...
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VANCOUVER / CANADA / WAM A delegation from the UAE is participating with observer status in the plenary of the Asia/Pacific Group (APG) on Money Laundering, a Financial Action Task Force-Style regional body (FSRB), taking place this week in Vancouver, Canada. The UAE is the first Arab country to be granted observer status at the APG. Ahmed Ali Al Sayegh, ...
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TAN TAN / WAM Various Moroccan media outlets lauded the UAE’s participation in the Tan Tan Moussem 2023. The festival is part of the United Nations Educational, Scientific and Cultural Organisation (Unesco) World Cultural and Heritage Forum held in the Tan Tan region of Morocco. The Moroccan media confirmed that the UAE pavilion, which showcases Emirati culture and heritage, was ...
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GUANGDONG / WAM A delegation led by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has met with senior officials from Huawei in China, and discussed enhancing cooperation and exchanging experiences in energy storage, smart grids, digital transformation, cloud computing, and electric vehicle charging station. During his visit to the headquarters of Huawei, a ...
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ABU DHABI / WAM Burjeel Holdings has partnered with BridgeBio Pharma, a commercial-stage biopharmaceutical firm focussed on genetic diseases and cancers, to launch a new project to revolutionise the field of early diagnosis and treatment of rare diseases or disorders in the UAE and the region. The two entities signed a preliminary, non-binding collaboration agreement establishing a mutual intention to ...
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