Bloomberg The surge in UK property prices will persist into next year as housing needs outweigh economic uncertainty, according to Rightmove. It predicts asking prices will climb 4% in 2021 as this year’s unprecedented demand spills into the coming months. Currently there is a logjam of 650,000 properties in the market, with prices up 6.6% compared to this time last ...

Bloomberg Hospitals are going into overdrive in the final hours before they receive the first US shipments of Pfizer Inc. and BioNTech SE’s Covid-19 vaccine, ensuring they are ready for the final payoff from months of planning. “It’s very exciting,” Fran Hixson, director of clinical quality at Chesterfield, Missouri-based Mercy Health, said in an interview. “We’ve learned along the way ...

Bloomberg Stocks started off the week on a bullish note as investors took comfort from further stimulus bill negotiations and the impending deployment of the first vaccine in the US S&P 500 futures gained about 0.6%, with the first deliveries of the Pfizer Inc-BioNTech SE vaccine in the US due to arrive on Monday. A bipartisan group of lawmakers is ...

Bloomberg India’s smaller stocks are beating their larger peers for the first time in three years, and some strategists say that outperformance will likely continue at least through next year. The Nifty Midcap 100 Index has climbed 20% this year, and the Nifty Smallcap 100 Index has advanced 17%, outpacing the 11% gain in the large-cap NSE Nifty 50 Index. ...

Bloomberg South Africa’s main stock index erased a retreat of as much as 0.4% to be 0.1% higher as of 9:36 am in Johannesburg, with the extension of a Brexit deadline, progress on vaccine deployment and US stimulus talks supporting investor appetite for riskier assets. Bank stocks were higher, benefiting as the rand gained due to the favorable risk sentiment. ...

ABU DHABI / WAM Dr Abdulla Al Mandous, Director of the National Centre of Meteorology and President of the Regional Association II (Asia) of WMO, reiterated that the UAE has established itself as a top global destination for prominent international events serving various sectors. As part of its continued commitment to addressing the pressing issues directly impacting the lives of ...

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) on Sunday announced the results of the UAE’s 1st National Health Account (NHA) 2017, which was carried out in collaboration with the World Health Organisation (WHO) and relevant health and government authorities. The results were announced during a virtual media briefing held in presence of Dr Hussain Abdul Rahman Al ...

DUBAI / WAM Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has signed a Memorandum of Understanding (MoU) with Pipeline Business Growth Services (Pipeline), a Dubai-based company specialised in the development of entrepreneurship services, to jointly support and promote SME growth and sustainability. The MoU was signed by Saeed Matar Al ...

ABU DHABI / WAM The Muslim Council of Elders, under the Chairmanship of His Eminence Dr Ahmed el-Tayeb, the Grand Imam of Al-Azhar, has announced the launch of the ‘Hokama Peace Academy’ as part of its continued commitment to spreading the values of tolerance, peace and coexistence among the next generation of academics, scholars and leaders. The inaugural edition of ...

DUBAI / WAM In a landmark agreement, the export credit agencies of UAE and Israel have signed a cooperation agreement to develop economic relations between the two countries, broadening the export financing possibilities for their exporters. Etihad Credit Insurance (ECI), the UAE Federal export credit company, and The Israel Foreign Trade Risks Insurance Corporation (ASHR’A) have agreed to jointly create ...