Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, emphasised that endowment is a developmental tool for communities and an effective means for promoting response to various community needs. His Highness said, “What we are doing through endowment will be reflected on all developmental aspects. We want ...

  Dubai / WAM Sheikh Hasher bin Maktoum Al Maktoum, Director of Dubai’s Department of Information, opened Cabsat, the Middle East and Africa’s largest broadcast digital media and satellite expo, at Dubai World Trade Centre (DWTC). More than 13,000 media industry professionals are expected to take part in Cabsat 2017, the region’s definitive the definitive event for broadcast, satellite and entertainment ...

  Abu Dhabi / WAM The Abu Dhabi Government launched the Imagine Abu Dhabi initiative to welcome all segments of the community to suggest proposals and ideas that can support the emirate’s development. The initiative will allow the community to express its aspirations for the emirate by submitting ideas and proposals over the period of 50 days. It celebrates the Abu ...

  Abu Dhabi / WAM The Ministry of Economy (MoE) launched an interactive and smart online application to strengthen the UAE’s economic and foreign trade relations with countries across the world. The platform will provide updated information on each country in relation with the UAE alongside its economic indicators, key figures, foreign investment agreements, and joint trade committees. This will also enhance ...

  DUBAI / reuters Gulf stock markets were mostly higher on Tuesday, buoyed by firm global equities, although trading volumes were generally thin and the Egyptian bourse fell on profit taking. Abu Dhabi was the top performer, climbing 1.2 percent on strong banking shares, with National Bank of Abu Dhabi up 1.9 percent. Aldar Properties rose 1.3 percent after its ...

  Bloomberg India’s benchmark index edged lower as drugmakers declined on concern US Food and Drug Administration regulations would hurt the companies. The S&P BSE Sensex dropped 0.1 percent at the close, while NSE Nifty 50 Index was down less than 0.1 percent, erasing an earlier gain of 0.2 percent. Divi’s Laboratories Ltd. fell 20 percent after saying the FDA ...

  Bloomberg European stocks rose toward their highest level in 15 months as banks followed gains in the region’s bond yields. The Stoxx Europe 600 Index added 0.4 percent at 1:24 p.m. in London. Yields on short-dated German bonds rose as investors unwound hedges against French election risks after polls showed centrist candidate Emmanuel Macron bested anti-euro rival Marine Le ...

  Bloomberg US stocks halted a three-day slide, while the dollar extended its decline as Fed officials weighed the pace of borrowing-cost hikes. The euro rose to the strongest in more than a month after a French presidential debate eased concern about a populist win in the election. Technology shares led gains in the S&P 500 Index, while European equities ...

  Bloomberg Middle Eastern airlines came under renewed pressure from President Donald Trump after the federal government barred passengers from carrying large electronic devices onto US-bound flights for security reasons. The ban concerns services from cities including Dubai, Abu Dhabi, Doha, Cairo and Istanbul, and could impact about 50 flights a day, with analysts predicting check-in delays as airports grapple ...

  Bloomberg British Airways will hand staff 400 pounds ($496) and a free return flight to help make up for missed bonus payments. The payout, detailed in a letter to workers seen by Bloomberg and confirmed by BA, will be made to all UK employees. Staff were due to receive only a fraction of their standard bonus because earnings fell ...