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Bloomberg European stocks advance, while US index futures and Asian equities fell, as investors hunted for pockets of value amid hawkish central banks, disappointing earnings and further power consolidation in China. The dollar gained before data on the Federal Reserve’s preferred inflation measure. The Stoxx Europe 600 Index climbed for a second day. Contracts on the S&P 500 and ...
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February, 2023
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24 February
Adani group all set to hold Asia fixed-income roadshow next week
Bloomberg The Adani group will hold a fixed-income investor roadshow in Asia next week as the embattled Indian conglomerate seeks to repair the damage caused by a shock short-seller report. The group will hold a roadshow in Singapore on February 27, and Hong Kong on February 28 and March 1, according to a person familiar with the matter. Among ...
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24 February
Luxury living takes center stage at Tabani Real Estate and Arada’s grand event
Dubai / Gulf Time Tabani Real Estate, a leading real estate company in Dubai, is proud to announce that it will be organising a grand real estate event in collaboration with Arada to launch the Jouri Hills Villas project in Dubai. The event is scheduled to take place on February 25, 2023, at the JGE Head Office in Arada ...
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24 February
Sheikh Hamdan orders AED20m for Ramadan programs in Syria
Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), ordered the provision of AED20 million to implement the Ramadan programmes in Syria. He also instructed the ERC to offer the best services to Syrians and provide for their needs during the Holy Month ...
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24 February
UAE leaders wish Sultan of Brunei on National Day
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Sultan Hassanal Bolkiah MuÊ¿izzaddin of Brunei on the occasion of his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a similar message to the Sultan of Brunei on the ...
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24 February
Idex, Navdex announce AED2.7b deals on day-4
Abu Dhabi / WAM Tawazun Council signed 10 deals, worth AED2.7 billion, with local and international companies on behalf of the Ministry of Defence on the fourth day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023. This makes the cumulative value of the deals Tawazun Council signed on behalf of the Ministry of Defence ...
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24 February
UAE, Spain explore investment opportunities in key industries
Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held a meeting with Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism, and discussed strengthening the trade and economic cooperation. Emphasising the deep historic relations between the UAE and Spain, Al Zeyoudi pointed out that ...
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24 February
Abu Dhabi qualifies 1,536 farms for ‘AD Gap’ certificate
Abu Dhabi / WAM As many as 1,536 farms have been certified by Abu Dhabi Good Agricultural Practices (AD G.A.P.), the local version of the Global Good Agricultural Practices Programme “Globalcapâ€, by the end of last year 2022. 751 farms (48.9%) are from Al Ain region followed by 521 farms (33.9%) from Al Dhafra region and 264 (17.2%) from Abu ...
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24 February
Edge completes tests of airborne cellular solution
Abu Dhabi / WAM Edge, one of the world’s leading advanced technology and defence groups, successfully completed extensive testing of its airborne cellular solution, Activecell-A with an undisclosed customer. The test demonstrated aircraft integration, highly accurate location acquisition, and full-system performance to support diverse emergency conditions and mission requirements. Developed by EdgeE’s electronic warfare arm Sign4L, the cutting-edge solution ...
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24 February
Adnoc looks to raise up to AED7.5b from gas unit IPO
Abu Dhabi / WAM Adnoc Gas on Thursday announced the offer price range and the opening of the subscription period for its IPO on the Abu Dhabi Securities Exchange (ADX). The price range for the offering has been set between AED2.25 to AED2.43 per share, implying an equity value of $47.0 billion to $50.8 billion (AED172.7 billion to AED186.5 ...
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