Bloomberg Surging energy prices are kindling bullish bets on developing-nation exporters, with Russia emerging as traders’ favourite investment destination. Russia’s ruble has gained more than any other emerging-market currency this month, bolstered by the prospect of higher oil revenues, while the nation’s stocks outperformed as a broad gauge of developing equities sank. It marks an abrupt change of pace for ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has affirmed that Expo 2020 Dubai embodies the aspirations of the GCC countries towards a promising and prosperous future, and “reflects a history of joint Gulf action with an inspiring and rich path that led us to achieve qualitative achievements across all ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree appointing Dr Maryam Buti Al Suwaidi, as the CEO of the Securities and Commodities Authority (SCA) at the grade of Under-Secretary. Dr Maryam Al Suwaidi is the first woman to occupy this position in the history of the Securities and Commodities Authority. ...

Dubai / WAM In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a vital player in global economic development and one of the smartest and happiest cities in the world, the Government of Dubai’s Department of Finance (DoF) on Sunday announced ...

ABU DHABI / WAM Abdullah Mohamed Al Mazrouei, Chairman of Abu Dhabi Chamber of Commerce and Industry, discussed with Maria Camilleri Calleja, Malta’s Ambassador to the UAE, the prospects of expanding economic cooperation between businesses in Abu Dhabi and Malta. This came during a meeting held at the Chamber’s headquarters in Abu Dhabi, in the presence of Mohamed Helal Al ...

MEXICO CITY / WAM Ahmed Hatem Al Menhali, UAE Ambassador to Mexico, has met with Tatiana Clouthier, Mexico’s Secretary of Economy, and Victor Villalobos, Mexico’s Secretary of Agriculture and Rural Development, to discuss ways to enhance cooperation between the two countries. During his meeting with the Mexican ministers, which took place on the sidelines of a forum organised by Mexico’s ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), announced that Dewa has attracted investments of around AED 40 billion using the Independent Power and Water Producer (IPWP) model, which it uses in a number of its key power projects. Al Tayer made these remarks during his keynote speech at the Dubai ...

HARARE / WAM Dr Jassim Mohammed Al Qasimi, UAE Ambassador to Zimbabwe, has met with Zimbabwean Vice President Constantino Chiwenga, in Harare. During the meeting, Al Qasimi conveyed the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

Dubai / Emirates Business Business confidence in Dubai reached its third highest level in 10 years as companies in the emirate begin to feel the positive impact of Expo 2020 Dubai, a new survey from Dubai Chamber has revealed. According to the findings of the chamber’s quarterly Business Leaders’ Outlook Survey, 76% of respondents noted improved business confidence in the ...

Dubai / WAM President Dr Arif Alvi of Pakistan said that his country is a beautiful mix of different cultures, ethnicities and civilisations, highlighting the need for projecting its positive image as a peaceful country. In an interaction with media personnel after the formal inauguration of the Pakistan Pavilion at the Dubai Expo 2020, President Alvi said the country was ...