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UAE President, VPs wish President of Liberia on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Liberian President George Weah on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

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UAE, Azerbaijan hold first consular consultations meeting to boost cooperation

ABU DHABI / WAM The UAE and Azerbaijan held their first consular consultation meeting to enhance their cooperation in consular areas. The meeting, at the headquarters of the Ministry of Foreign Affairs in Abu Dhabi, was chaired by Faisal Lutfi, Assistant Under-Secretary of the Ministry of Foreign Affairs for Consular Affairs, and Emil Safarov, Head of the Consular Department of ...

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Stocks edge higher as traders await earnings, Fed decision

BLOOMBERG Equity markets edged higher in cautious trade on Tuesday, hemmed in by risks including upcoming company earnings and the outcome of this week’s central bank meetings. The Stoxx Europe 600 rose after a shaky start, while contracts on the Nasdaq 100 index gained as much as 0.4%, following a weak session following a reweighting of constituents. Investors appear unwilling ...

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Bitcoin retreat puts crypto’s 2023 lead over stocks in jeopardy

BLOOMBERG The crypto market’s once-handsome 2023 lead over stocks is cracking as Bitcoin holds a retreat below $30,000. The year-to-date climb in a gauge of the top 100 digital tokens has cooled to 46%, not far above a 41% jump in the Nasdaq 100 Index of tech stocks. Hype over artificial-intelligence products has boosted the equity measure, which briefly topped ...

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Under directives of Sheikh Hamdan, Dubai Assembly for Generative AI to be held in October

DUBAI / WAM Under the directives of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation, the Dubai Assembly for Generative AI is set to take place from October 11-12. The assembly aims to shape the future of generative ...

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Abu Dhabi Residents Office, Jetro collaborate to promote specialised talent, investors

ABU DHABI / WAM The Abu Dhabi Residents Office, the Abu Dhabi Department of Economic Development’s (Added) arm to support the emirate’s thriving community and to strengthen its position as a top destination for top talent, and the Japan External Trade Authority (Jetro) have signed a memorandum of understanding to enhance joint efforts in attracting specialised talent and investors as ...

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Dubai chamber forges ties with Chinese firms in roadshow

DUBAI / WAM Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has concluded a week-long roadshow in five cities across China. The visit brought together more than 200 digital companies at events in Shanghai and Shenzhen and featured over 55 business meetings to attract multinational companies (MNCs) to expand into Dubai. Participants in the ...

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GMC reflects UAE’s position as global media industry capital: Shamma bint Sultan

ABU DHABI / WAM Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of UAE Independent Climate Change Accelerators (UICCA), has emphasised that holding the second edition of the Global Media Congress 2023 under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, reflects the ...

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