BLOOMBERG Global bond markets rebounded, with the US 10-year yield sliding to 4.8%, amid growing speculation that the recent selloff was excessive. Nasdaq 100 index futures rose ahead of earnings from Microsoft Corp and Alphabet Inc. Treasury 10-year yields slipped as much as five basis points to a one-week low after reaching the highest since 2007. Europe’s Stoxx 600 index ...

BLOOMBERG Bitcoin extended a rally fuelled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year. The largest digital asset rose as much as 11.5% to top $35,000 before paring some of the gain to trade at $33,918 in London on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to 105%. The possible ...

DUBAI/ GULF TIME Romain Gerardin-Fresse, a renowned French lawyer and founder of the alliance “GFK Strategies” has set his eyes on the UAE market and beyond. Romain has established GFK, particularly GFK Middle East, as a leading player in the vertical and horizontal concentrations of consultancy. Talking about what led him to expand to the UAE, Romain said, “I’m fascinated ...

DUBAI/ GULF TIME Al Bandar Rotana hotel Dubai is set to redefine your Friday evenings with the launch of its Arabic Night. Offering both locals and tourists an opportunity to dive deep into the heart of Arabic culture, the hotel pledges an unparalleled evening of entertainment, food, and ambiance. Detailed Highlights of the Night: Exciting Performances: Listen to the captivating ...

ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has won two Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living. The master-planned community received awards for ‘Best Mixed-use Development’ and ‘Best Residential Development’. Each of the two awards categories welcomed hundreds of entries, including some of ...

DUBAI / WAM Dubai is set to host the 2024 edition of Arab Health from January 29 to February 1 2024, with an expanded site and a growing international presence. The event is expected to welcome a global audience with over 3,450 exhibitors and over 110,000 healthcare professional visits from 180 countries. The event will take place over an extended ...

ABU DHABI / WAM The Telecommunications and Digital Government Regulatory Authority (TDRA) has launched the “GovSign” initiative, tailored for the management and approval of documents and correspondence addressed to federal government entities integrated with the Federal Network (FedNet) on the digital government platform. Unveiled during Gitex, the new initiative introduced by TDRA features an automated system for digital document authentication ...

DUBAI / WAM The Abu Dhabi Government concluded its participation in GITEX Global 2023, the world’s largest tech and start-up exhibition held at Dubai World Trade Centre from 16-20 October. 26 innovative projects were launched at the event, alongside 52 agreements and Memorandums of Understanding (MoUs) signed with a wide range of key digital partners. The Abu Dhabi Government pavilion ...

DUBAI / WAM Dubai Future Foundation (DFF) hosted a workshop to explore how to inspire the private sector to find creative solutions to challenges facing local industries and transform them into opportunities as part of the Dubai Future Fellowship Programme. The programme, which was launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman ...

BLOOMBERG Speculation that the Bank of Japan (BOJ) will make some kind of policy move this month continues to build with the weak yen, higher bond yields and stronger-than-expected inflation fueling the market chatter. A report by the Nikkei business daily helped feed the growing expectations of possible BOJ policy action at its board meeting ending on October 31. The ...