BLOOMBERG Share prices are rising so rapidly on Zimbabwe’s main stock exchange that the bourse is increasing the maximum move allowed in a single day. A new daily limit of a 15% move in the all-share index — up from 10% — will be implemented from Monday, Justin Bgoni, chief executive officer of the Zimbabwe Stock Exchange in Harare, said ...
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BLOOMBERG US stock futures indicated a pause after the S&P 500’s rally to a bull market, while the dollar headed for its biggest weekly loss in two months on bets that the Federal Reserve is nearing the end of its hiking cycle. Tesla Inc shares jumped 6% in pre-market trading and was on track to rise for an 11th straight ...
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RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received at his palace at the Saqr bin Mohammed City, Alison Milton, Ambassador of the Republic of Ireland to the UAE. During the meeting, Sheikh Saud welcomed Milton and her delegation, and the two sides discussed ways to ...
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DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), Thursday announced the launch of the Dubai Centre for Artificial Intelligence (DCAI) at Emirates Towers, AREA 2071. The new Centre aims to assist government entities in ...
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ABU DHABI / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of Abu Dhabi, has attended the graduation ceremony of the 10th National Defence Course cohort (2022-2023), held at Qasr Al Watan in Abu Dhabi. His Highness congratulated graduates and wished them success in their mission ...
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ABU DHABI / WAM Adnoc Logistics and Services plc, a global energy maritime logistics leader, announced on Thursday that it has been awarded a $975-million artificial island construction contract by Adnoc Offshore. As part of Adnoc’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine construction of an artificial island “G†for ...
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ABU DHABI / WAM The Emirates News Agency (WAM) on Thursday signed a memorandum of understanding (MoU) with the Czech News Agency (CTK), aiming at strengthening and developing cooperation in news exchange. The MoU was signed virtually by Mohammed Jalal Al Rayssi, Director-General of WAM, and Jiri Majstr, CEO of CTK. The WAM-CTK collaboration is part of WAM’s efforts to ...
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a law establishing the National Academy for Childhood Development, to be headquartered in Abu Dhabi as part of the Abu Dhabi Early Childhood Authority. The academy aims to offer education, training and lifelong learning programmes related ...
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BLOOMBERG European Central Bank (ECB) officials called for interest rates to be lifted further — seeking additional reassurance on the inflation front as they look past more signs of weakness in the euro-zone economy. Dutch central bank chief Klaas Knot said he’s “not yet convinced that the current tightening is sufficient,†telling lawmakers in the Netherlands that “inflation could well ...
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ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate the unit is ready to receive the Operating License from ...
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