DUBAI / WAM Dubai Financial Market (DFM) on Saturday announced the extension of its trading hours to from four hours to five hours daily as of October 3 in line with directions of the Securities and Commodities Authority (SCA) and in coordination with various stakeholders. Hassan Al Serkal, CEO of the DFM said: “The new initiative will further strengthen leading ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met on Saturday with HH Sheikh Tamim bin Hamad Al Thani, Emir of the sisterly State of Qatar, on the sidelines of the “Baghdad Conference for Cooperation and Partnership”, held in the Iraqi capital, Baghdad. HH Sheikh ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 309,312 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and President of Abu Dhabi Judicial Department (ADJD), has approved the ADJD’s new Strategic Plan 2021-2023. The new plan constitutes a starting point in the process of developing the judicial work during the next phase, to achieve judicial leadership on a global ...

Abu Dhabi / Emirates Business The Abu Dhabi Securities Exchange (ADX) has reduced its trading commissions by 50% and will extend its trading hours by one hour, with the market opening at 10am and closing at 3pm. The reduction in trading fees, to 0.025% from 0.05%, which will take effect starting September 1, is the exchange’s second commission cut in ...

DUBAI / Emirates Business Dubai Design District (d3) launched a campaign to inspire the next generation Emirati Women, encouraging them to shape their future with their own hands. The leading business hub partnered with three of its leading Emirati entrepreneurs, and they will be featured in a new campaign for Emirati Women’s Day. Shafia Alkhyeli, founder of interior design practice ...

There must be no repeat of 2015. That’s been the refrain from politicians across the European Union as they watch the unfolding humanitarian disaster in Afghanistan, which can be expected sooner or later to cause renewed mass migration. These European politicians include candidates for chancellor in Germany, nervous about a national election on September 26; leaders such as Austrian Chancellor ...

When a powerful technology company wants everyone to know it has made large concessions in its business practices, it pays to look at the fine print. Sometimes the details don’t match up with the rhetoric. That seems to be the case regarding Apple Inc’s class-action settlement with app developers. The smartphone giant announced that it reached an agreement, pending court ...

The Bank of Korea (BOK) has become the first advanced Asian economy to raise interest rates after the pandemic. This isn’t a one-and-done. When central banks start cutting or raising borrowing costs, they rarely pause after one move, because a single step gets little macroeconomic traction. Policy makers also face a public-relations debacle if they abandon new strategies quickly. So ...

“The North American cavalry was competent,” Jair Bolsonaro, then a lawmaker, told the Brazilian legislature in 1998. “Having wiped out its Indians in the past, nowadays the country doesn’t have this problem.” Land, he added, should be allocated “in proportion to the population.” Nothing suggests his retrograde views on Brazil’s original inhabitants have changed since he became president nearly three ...