September, 2021

• 21 September

  US index futures advance as stock selloff moderates

  

  Bloomberg A selloff in stocks moderated on Tuesday as traders assessed risks from China’s crackdown on the real-estate sector and looked ahead to this week’s Federal Reserve meeting. The Stoxx Europe 600 index climbed more than 1%, rebounding from the biggest drop in two months, with energy companies leading the advance and most industry sectors in the green. Royal Dutch ...

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• 21 September

  Bitcoin retreats to August low amid bout of global market angst

  

  Bloomberg Bitcoin extended losses on Tuesday, falling to the lowest level since August after a global selloff in riskier assets took the overall value of the cryptocurrency market back below $2 trillion. The largest digital coin falls as much as 7.6% to $40,237 before paring some of the decline. Second-biggest token Ether was trading below $3,000, while Cardano, Solana, Polkadot ...

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• 21 September

  Arab Parliament rejects EU’s resolution on UAE human rights

  

  CAIRO/Dubai / WAM The Arab Parliament has expressed its complete rejection of the resolution passed by the European Parliament (EP) criticising the UAE’s human rights record. In a meeting presided over by its Speaker Adel bin Abdulrahman Al Asoomi, the Arab Parliament stressed that the resolution included factually incorrect information with regards to human rights in the UAE. In its ...

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• 21 September

  ADFD, Georgia keen to boost investment cooperation

  

  ABU DHABI / WAM Mohammed Saif Al-Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), received at the fund’s headquarters a government delegation from Georgia headed by Natia Turnava, Minister of Economy and Sustainable Development, in the presence of Paata Kalandadze, Ambassador of Georgia to the UAE, and Rashid Al Kaabi, Director of Investments Department at ADFD. The two ...

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• 21 September

  Sheikh Khalifa receives cable of thanks from Iranian president

  ABU DHABI/ WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has received a letter of thanks from Iranian President Ebrahim Raisi, in reply to a congratulatory cable he earlier sent to him on winning Iran’s presidential election. In his message, President Raisi expressed hope to develop bilateral relations with the UAE, especially in the economic field, citing the ...

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• 21 September

  Expo 2020 Dubai: Two million visitors expected at China pavilion

  

  ABU DHABI / WAM The Chinese Pavilion at Expo 2020 Dubai is expected to receive around two million visitors, a top executive of the Chinese Business Council (CBC) in the UAE told Emirates News Agency (WAM), adding that the global event will also help “attract more overseas enterprises to the UAE and open new opportunities for Chinese businesses in the ...

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• 21 September

  Emirates ramps up US flights from next month

  

  DUBAI / WAM Emirates is increasing flight frequencies to a number of US destinations starting October. The airline has been building up connectivity in response to growing customer demand on the back of rising travel confidence and the easing of international travel protocols. There has also been a growing interest from US travellers to visit Dubai, a city that offers ...

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• 21 September

  Abu Dhabi Ports, Iraq’s GCPI ink deal to boost investments

  

  ABU DHABI / WAM AD Ports Group, the leading global driver of trade and logistics, signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organisations within the fields of transportation and maritime. Facilitated during a visit of a high-level delegation led by the Iraqi Minister of Transportation, ...

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• 21 September

  EDB launches business banking app for SMEs

  

  Abu Dhabi / Emirates Business Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, is launching the EDB Business Banking app in partnership with YAP, a leading UAE-based fintech, to support small and medium-sized enterprises (SMEs) operating in the UAE. The launch of the app is integral to EDB’s new strategy unveiled ...

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• 21 September

  Deyaar breaks ground on new project in Business Bay

  

  Dubai / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the appointment of Gulf Asia Contracting, the construction vertical of RP Group, as a main contractor to build Regalia – a skyscraper in Business Bay offering a smart, high-end urban lifestyle embodied by royalty and distinction. A groundbreaking ceremony held ...

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