BLOOMBERG Stocks in India rebounded from the brink of a technical correction amid choppy trading as investors assessed the impact to local markets from the crisis at Credit Suisse group AG. The benchmark NSE Nifty 50 Index had slid as much as 0.7% on Thursday, taking its losses from an all-time high on December 1, 2022 to 10% before bouncing ...

BLOOMBERG The turmoil on global financial markets eased on Thursday after regulators threw a lifeline to Credit Suisse Group AG, though signs of unrest persisted as volatility gauges remained elevated and overnight gains in US futures evaporated ahead of the European Central Bank’s rate decision. European stocks edged higher and Credit Suisse rallied the most in history at the open, ...

DUBAI / GULF TIME Capital Club Dubai will be celebrating its 15th anniversary on March 17, 2023 as the region’s sole private business club. This remarkable milestone is a testament to the club’s commitment to providing its members with exceptional services, experiences, and networking opportunities over the years. Supported by prestigious names such as Rocco Forte Hotels, Citi, and IRAM ...

Madiha Bee That’s right, I said it. Don’t get me wrong, I’m a woman who loves being a woman, who has coached hundreds of women, and of course, who loves being celebrated— but the reason I say “no” to women’s day (cheekily) is because for me, every day is women’s day. And trust me, I have a robust argument for ...

DUBAI / GULF TIME Established in 2020, Flick Global, helmed by its CEO & young visionary Mohamad Mardini, is a leading Media Production Company that is geared toward a new kind of media content for conventional & digital platforms. Mardini, along with the Flick Global team, sets the bar high for creating content that is relevant and true in this ...

ABU DHABI / WAM AD Ports group signed on Wednesday a head of Terms (HoT) with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire. Under the HoT, AD Ports group has the exclusive right to invest in the development, operation, and management of the “New ...

NEW YORK / WAM The Secretary-General of the United Nations (UN), António Guterres, has emphasised that Islam’s message of peace, compassion, and grace has inspired people worldwide for over a millennium. In his statement on the International Day to Combat Islamophobia, which is observed on March 15, Guterres called for attention and action to eliminate the poison of anti-Muslim hatred. ...

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...

DUBAI / WAM Tecom Group has approved the group’s financial statements for the year ended on December 31 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the Annual General Assembly Meeting ...

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...