BLOOMBERG Markets opened the week on a cautious note as investors readied for central bank updates on the outlook for interest rates and braced for a deluge of earnings. Oil prices rose amid escalated tensions. Europe’s Stoxx 600 index held near the highest level since January 2022, supported by rallying energy shares. Futures contracts for the S&P 500 and the ...

BLOOMBERG China will halt the lending of certain shares for short selling from Monday, the securities regulator announced, in a move to support the country’s slumping stock markets. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement. ...

ABU DHABI/ GULF TIME Held Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Head of the Office of Development Affairs and Martyrs’ Families at the Presidential Court and Chairman of the Abu Dhabi Early Childhood Authority (ECA), the WED Innovation Lab has wrapped up its five-day event held at Yas Acres Golf and Country ...

DUBAI/ GULF TIME In its effort to enhance international communication, drive innovation, and promote economic development, hosted by LIDE group an exceptional global event in the United Arab Emirates, from the city of Dubai, under the slogan “LIDE Emirates”. In the presence of Excellency Abdullah bin Touq, Minister of Economy In which this event brought together a summit of entrepreneurs and leaders ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched the ‘Dubai International Growth Initiative’, allocating AED500 million to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets. The initiative was launched by the Government of Dubai in partnership with ...

ABU DHABI / WAM The Philosophical Studies Centre at the Mohamed bin Zayed University for the Humanities has announced its second international conference on philosophy. Titled “Philosophy and the Challenge of Theoretical and Social Progress,” the event will run from February 6-7, bringing together prominent thinkers and academics from around the world. Some 62 researchers, affiliated with 35 universities and ...

SHARJAH / WAM The Sharjah Consultative Council (SCC) has approved a draft during its third meeting of the first regular session of the eleventh legislative chapter. This draft was submitted by a committee formed to respond to a speech made by HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, during the opening session ...

SHARJAH / WAM Sharjah Airport International Free Zone (SAIF Zone) continues its remarkable growth trajectory, solidifying its reputation as one of the fastest-growing free zones in the Middle East with Tokai Optical Co, a prestigious Japanese company renowned for its expertise in prescription lens manufacturing, basing its operation in the free zone under a partnership agreement signed between both sides. ...

DUBAI/ WAM Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, visited Global Pharma, a pharmaceutical company wholly owned by Dubai Investments. The tour was part of a series of visits conducted by Dr. Al Jaber across the national industrial sector. The visit is in line with the ministry’s commitment to engage with partners in the sector ...

DUBAI/ WAM The Ministry of Health and Prevention (MoHAP) in collaboration with the Department of Health – Abu Dhabi (DoH), and the Dubai Health Authority (DHA) are jointly showcasing a suite of innovative initiatives and digital health services at Arab Health 2024, taking place from 29th January to 1st February. Presented under a unified national platform dubbed “Emirates Health”, the ...