BLOOMBERG This may sound familiar: Morgan Stanley analyst Adam Jonas makes an extraordinarily bullish call on the future of Tesla Inc and the shares go on a wild binge. It happened in 2015, and it’s happening again. The problem is investors fear we’re seeing a replay — because after eight years Jonas’ last call has yet to be proven correct. ...

BLOOMBERG Three years and nearly $1 billion later, Wells Fargo & Co is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management. The banking giant is trying to lure hundreds of independent advisers to join its platform as part of a larger push to expand the firm’s business catering to rich clients, according to Barry Sommers, who ...

BLOOMBERG Apple Inc’s latest iPhones and watches went on sale on September 22, a test of whether a new smartphone design and modest smartwatch changes can help return the company to growth. The devices are going on sale in about 40 countries in its first wave, including in Australia, Hong Kong, mainland China, the US, UK and France. The iPhone ...

AL AIN/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has attended a reception at Saif Muftah Al Neyadi’s house in the Umm Ghafa area of Al Ain to celebrate the return of Al Neyadi’s son, UAE astronaut Sultan Al Neyadi, from his six-month mission to ...

FUJAIRAH/ WAM H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, has stressed the role of cultural events in highlighting Arab and Islamic arts through various expressive tools and techniques. Such events enhance the significance of arts in society, especially among children and youth, preserve the UAE’s social and religious heritage and promote it across the ...

DUBAI/ WAM Dubai Municipality conducted over 60 immediate interviews for applicants under its ‘Future Talents’ programme for scholarships, and the ‘Pioneers’ initiative for qualifying freshmen graduates. The interviews were conducted during the Ru’ya 2023 careers UAE Redefined Ru’ya, one of the significant recruitment, educational, and training events for UAE citizens hosted at the Dubai World Trade Centre between September 19 ...

ABU DHABI /WAM EDGE Group PJSC (EDGE), one of the world’s leading advanced technology and defence groups, today announced the signings of two separate partnership agreements with key Bulgarian partners. EDGE has partnered with TBS Ltd. (TBS), an international trading company providing some of the world’s most innovative and advanced technological solutions securing Land, Air and Space, and Samel-90, a ...

ABU DHABI/ WAM The Vietnamese Embassy in Abu Dhabi celebrated the 78th anniversary of the National Day of the Socialist Republic of Viet Nam and the 30th Anniversary of the establishment of diplomatic relations between Viet Nam and the UAE, in an event at National Theatre in Abu Dhabi on Thursday evening. Speaking on the occasion, Nguyen Manh Tuan, the ...

AL DHAFR/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has visited the 2nd Liwa Date Festival and Auction, organised by the Cultural Programmes and Heritage Festivals Committee – Abu Dhabi, taking place until 30th September 2023, in Liwa City, Al Dhafra Region. During his visit, His Highness reaffirmed the leadership’s support for heritage ...

ABU DHABI/ WAM The volume of trade exchange between the UAE and the Kingdom of Saudi Arabia grew by 28 percent in 2022, reaching AED 137.51 billion, compared to AED 107.41 billion in 2018. This brings the total non-oil trade between the two countries to AED 586.75 billion over five years. As per Ministry of Economy data, in 2022, the ...