SHARJAH / WAM  His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the two logos of the Souq Al Jubail in Al Dhaid and Kalba. The approval of His Highness the Ruler of Sharjah for the logos highlighted the importance of the trademark of Souq Al Jubail, one of the integrated projects ...

BLOOMBERG US futures and European stocks fluctuated on Tuesday trading, and the Australian dollar jumped after a surprise interest rate increase by the country’s central bank. Contracts on US gauges were muted, following the S&P 500’s retreat. Apple Inc fell 0.4% in premarket trading, after dropping from an all-time as it unveiled its new mixed-reality headset at a steep price. ...

BLOOMBERG The roaring rally in tech stocks has further to go, as the buzz around artificial intelligence and hopes for a pause in the Federal Reserve’s rate hikes give them an edge, according to Citigroup Inc quantitative strategists. The growth style investing factor in the US has by far been the most successful with a nearly 20% jump this year, ...

ABU DHABI / GULF TIME VOX Furniture UAE is a part of global brand VOX Capital Group, which operates in over 50 countries. Established in 1989 and headquartered in Poland, VOX has gained a reputation as an innovative company in the furniture sector. VOX products are designed to meet people’s actual needs, based on design thinking methodology. The development process ...

SHARJAH / WAM South Korea will highlight Sharjah’s prominent cultural leadership in the Arab region at the 65th annual Seoul International Book Fair (SIBF). As the Guest of Honour, Sharjah will be celebrated during the 5-day event from June 14-18. Led by the Sharjah Book Authority (SBA), the cultural showcase in Seoul will feature a diverse programme of 33 events ...

DUBAI/ WAM Khaled Mohamed Balama, Governor of the central bank of the UAE (CBUAE), held a meeting with CEOs of UAE banks to discuss priorities and future initiatives for the banking sector, with a particular focus on advancing green finance in the financial sector. During the meeting, the governor highlighted the important role of UAE banks in developing and implementing ...

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) has announced its partnership with the global crypto giant Bybit, in which the exchange will provide financial support totalling AED 500,000 for new crypto businesses looking to set up at the region’s largest community of Web3 and blockchain businesses — the DMCC Crypto Centre. Bybit will become the listing partner for the ...

ABU DHABI / WAM Abu Dhabi City Municipality, in line with World Environment Day and its dedication to fostering a healthy environment, organised a series of workshops and educational initiatives in collaboration with strategic partners. The aim was to raise awareness among community members about the importance of preserving our natural world. One of the events took place at Al ...

DUBAI / WAM National Bonds Company, a Sharia-compliant saving and investment company, has announced its acquisition of an additional 5% stake in the “Taaleem” Holding Group. This move solidifies National Bonds’ position as the largest shareholder in “Taaleem” with a 22% stake. The acquisition represents the largest of its kind since “Taaleem” listed and traded its shares on the Dubai ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has announced the launch of Traders District to support the thousands of traders thriving in its business ecosystem. It is designed to offer traders a host of benefits, including business set-up solutions, simplified access to global supply chains, networking and collaboration opportunities, and assistance with crucial aspects of business ...