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China tech stocks fall as growth woes, global rout grip traders

  Bloomberg Chinese tech stocks fall as Hong Kong markets reopened after a holiday to face renewed growth worries and persistent regulatory risks, sparking another bout of selling. The Hang Seng Tech Index tumbled 3.2% on Tuesday, extending its slide into a fifth day. JD.com Inc. and Alibaba Group Holding Ltd. were among the biggest drags. Key equities gauges across ...

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Philippine stocks decline as traders weigh Marcos win

  Bloomberg The benchmark Philippine stock index dropped amid a global selloff, as investors awaited economic plans of Ferdinand Marcos Jr. who, based on an unofficial count of the vote, is headed for a landslide win in the presidential election. The Philippine Stock Exchange Index ended 0.6% down at 6,720.93, its lowest close in nine months. It falls as much ...

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WAM signs agreements with three Uruguayan media outlets

  MONTEVIDEO / WAM The Emirates News Agency (WAM) signed cooperation agreements with three media outlets in the Republic of Uruguay, as part of its efforts to enhance joint cooperation in the media exchange. This came as part of a series of visits of a WAM delegation, headed by Mohammed Jalal Al Rayssi, Director-General of WAM, to the Republic of ...

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ADQ, Greece launch $4.2b investment partnership

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, signed an investment partnership agreement with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of Investments (HDBI), Sovereign Fund-of-Funds of Greece, to fund investments worth €4 billion ($4.23 billion) across multiple sectors and asset classes of the Greek economy. The event ...

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Etihad unveils sustainable economy class experience

  Abu Dhabi / Gulf Time Etihad Airways, the national airline of the UAE, has unveiled its new Economy class soft furnishings and tableware which will be launched on board in the fourth quarter of the year. The new products have been designed with sustainability and improved guest experience as primary objectives. The announcement was made on the opening day ...

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dnata showcases full range of air, travel services at ATM

  DUBAI / Gulf Time dnata, a leading global air and travel services provider, returns to the Arabian Travel Market (ATM) as it unveils its first dedicated stand at the Dubai event in 2022. Dubai-based dnata, which incorporates world-leading Travel, Airport Operations, Cargo, Catering & Retail divisions, is taking part in the region’s largest travel industry event with a stand ...

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Abu Dhabi Labour Court settles AED106m in dues

  Abu Dhabi / WAM The Abu Dhabi Labour Court has announced the remittance of financial entitlements to 3,806 workers, worth AED 106,505,923. The move is part of the expedited enforcement orders of court decisions issued in cases during the first three months of 2022. According to the Abu Dhabi Labour Court statistics, the number of cases registered before the ...

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