BLOOMBERG India’s stock market value reached more than $4 trillion for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong. The market capitalisation of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as …
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DUBAI / WAM Abu Dhabi Department of Energy (DoE), the Abu Dhabi Investment Office (Adio) and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a trilateral agreement to accelerate the hydrogen economy in Abu Dhabi and position the UAE as a global leader for the production and export of low-carbon hydrogen. The agreement was signed during the UN …
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ABU DHABI / AD MEDIA OFFICE 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), has launched the second edition of WED, a visionary movement uniting the UAE with global multi-disciplinary experts, …
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BLOOMBERG European stocks rose, following Asia higher, after the latest US data reinforced optimism in a global pivot towards central-bank easing next year as inflation fears evaporate. The Stoxx 600 index added 0.2%, climbing for a second day as US equity futures advanced. MSCI’s Asia Pacific Index gained the most in three weeks. US 10-year Treasuries were steady after a …
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ABU DHABI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the Ministerial Development Council meeting, which was held at Qasr Al Watan, Abu Dhabi. The meeting discussed a number of legislations and policies aiming at supporting and developing the government work ecosystem, including the climate action …
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated solar power (CSP) project in the world, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The 950-megawatt (MW) fourth phase is the largest investment project …
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DUBAI / WAM The UAE adopts a set of integrated policies to enhance and diversify job opportunities, boost employment rates, and drive economic prosperity in the country as part of its tireless efforts to combat climate change. This statement was made during a special session by the International Labour Organisation (ILO), held on the sidelines of the 28th United Nations …
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DUBAI / WAM On Wednesday, the COP28 Presidency joined with the United Nations Human Settlements Programme (UN-Habitat), the UN Climate Change High-Level Champion for COP28, and Bloomberg Philanthropies to call on housing, urban development, environment, and finance ministers to back the ‘Joint Outcome Statement on Urbanisation and Climate Change’ (the Statement). The statement, which was supported by over 40 Ministers …
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DUBAI / GULF TIME Perfect Corp the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider and developer of the award-winning YouCam suite of apps has unveiled its new virtual try-on technology aimed at beauty salons and hairdressers. Set to redefine the way consumers discover and experiment with hairstyles, this groundbreaking technology, now available in …
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DUBAI/ GULF TIME The Coffee Club, a popular name among coffee aficionados and food enthusiasts in the region, is thrilled to announce the opening of its Wafi City outlet as it celebrates its 9th year in the Middle East. Now operating a network of 22 outlets across the region, with 20 nestled in the UAE, The Coffee Club remains committed …
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