Bloomberg Chinese tech stocks extended a rally into a second day on Wednesday, as share buybacks by Xiaomi Corp. and Alibaba Group Holding Ltd. spurred hopes that other tech firms may follow suit. The Hang Seng Tech Index ended 2.1% higher, with Xiaomi gaining 4.1% and Bilibili Inc’s 10% advance among the outperforming names. The gauge has climbed nearly ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration of five colleges in Jordan, which were built with an ADFD funding of AED80.3 million. The initiative is part of the Jordanian Public Universities Development Programme that includes the implementation of 27 projects in the education sector at a total value of AED466 million to ...

  ABU DHABI / WAM Mubadala Investment Company announced on Tuesday that it has entered into a definitive agreement with Aris Gold Corporation (Aris Gold) for the operation of Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects. Through a joint venture company, Aris Gold will acquire a 20 percent ownership interest in Sociedad Minera ...

  ABU DHABI / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan has sent a message of condolences to Chinese President Xi Jinping over victims of the plane crash in Guangxi, China. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi ...

DUBAI / WAM The UAE Ministry of Energy and Infrastructure and the Dutch Ministry for Foreign Trade and Development Cooperation have signed a Memorandum of Understanding (MoU) on hydrogen energy. The MoU was signed by Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, and the Dutch Minister for Foreign Trade and Development Cooperation, Liesje Schreinemacher, at the Netherlands ...

  ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry and the International Investment and Business Confederation (ULUSKON) discussed setting up trade and investment partnership between the two establishments. This came during a meeting between Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber, and Nezaket Emine Atasoy, President of ULUSKON, at the Chamber’s headquarters in Abu ...

  Dubai / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications, confirmed that the UAE government, led by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, will adopt modern technology and artificial intelligence solutions to enhance its future readiness. The opportunities and benefits made ...

  DUBAI / WAM The 10th edition of Gisec Global, kicked off at Dubai World Trade Centre (DWTC) with industry leaders uniting to uncover the latest in global cybersecurity trends and discussing ever increasing digital challenges. Delivering the keynote speech on the first day of the three-day show, Mohammed Hamad Al-Kuwaiti, Head of Cyber Security for the Government of the ...

  DUBAI / WAM Expo 2020 Dubai visitors are saying #ThanksToExpo, with visit numbers soaring to 20,819,155, after crossing the 20-million threshold earlier this week. From Expo 2020 Dubai’s crown jewel, Al Wasl dome, to water feature Surreal, the stellar entertainment line-up and fascinating pavilions of the 192 participating countries, visitors have been moved by how the largest global gathering ...

  Dubai / Gulf Time flydubai announced on Tuesday that it will operate flights to select destinations from Dubai World Central (DWC) in order to provide more travel options to passengers during the northern runway refurbishment project announced by Dubai Airports. The rehabilitation project is scheduled to take place from May 9 to June 22. flydubai will operate flights to ...