September, 2020

• 22 September

  Europe stocks snap losing streak; dollar advances

  

  Bloomberg European stocks rebounded and US equity futures stabilised following Monday’s declines as tech shares once again led gains. The dollar extended its biggest daily advance in three months. Technology and auto shares including ASM International NV and United Internet AG led increases across European markets. Contracts on the S&P 500 and Nasdaq 100 indexes traded little changed following the ...

  Read More »
• 22 September

  India stocks drop as gloomy outlook damps sentiment

  

  Bloomberg India stocks extended losses as investors reassessed the prospect of further gains amid a gloomy economic outlook. The S&P BSE Sensex lost 0.5% to 37,847.60 as of 10:06 am in Mumbai after its steepest slide in two weeks sent it below the 50-day moving average, signalling to some investors that there’s further losses to come. The NSE Nifty 50 ...

  Read More »
• 22 September

  South African stocks pause after 5-day losing streak

  Bloomberg South Africa’s main stock benchmark traded broadly neutral in Johannesburg, as gains by index giants Naspers Ltd, BHP Group Plc, Richemont, which make up 40% of market capitalisation, offset weakness among precious metal miners and banks. 103 of the 142 listed companies traded lower in the morning. Before the index falls for five consecutive sessions, the longest losing streak ...

  Read More »
• 21 September

  Friends of Covax Facility strongly supports vaccine multilateralism

  

  Abu Dhabi / WAM The Friends of the Covax Facility (FOF) strongly supports vaccine multilateralism and the goal of ensuring affordable, fair and equitable access to safe and effective Covid-19 vaccines for all. The Covax Facility is about to set a precedent of multilateral cooperation and solidarity and the FOF firmly believes in the importance and impact of this global ...

  Read More »
• 21 September

  Dubai’s airborne trade in gold, diamonds hits AED67 billion

  

  Dubai / WAM Dubai Customs has announced that the emirate’s non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made AED67.1 billion from gold and diamond air-cargo trade between March and the end of June this year. Statistics released by Air Customs Centre Management at Dubai Customs show that ...

  Read More »
• 21 September

  ‘Dirham Al Khair’ initiative raises over AED4.8 million

  

  Dubai / WAM Dubai Department of Finance (DoF) announced on Monday that its “Dirham Al Khair” initiative, launched in mid-2017, raised more than AED4.83 million in donations over the last three years. The initiative helps government customers to make donations through the ePay portal and the DubaiNow application, in cooperation with the Smart Dubai. Government customers who pay governmental and ...

  Read More »
• 21 September

  Zayed University joins THE World University Rankings

  DUBAI / WAM Zayed University announced that it joined the elite listing of the 2021 Times Higher Education (THE) World University Rankings, a vital resource that provides the definitive list of the world’s best universities. The global annual ranking of higher education institutions provides key insights to stakeholders, including students, on the achievements and competencies of universities worldwide and enables ...

  Read More »
• 21 September

  Oil declines on signs of Libya restart with virus cases rising

  

  Bloomberg Oil declined as Libya signalled the resumption of some crude exports, while surging coronavirus cases cloud the outlook for demand. Futures in New York drop 2.2% to near $40 a barrel. Libya is moving closer to reopening its battered oil industry after it told companies to resume production at some fields. This will add to already rising supply from ...

  Read More »
• 21 September

  Dubai Safari Park to open from October 5

  DUBAI / WAM Dubai Municipality announced that the Dubai Safari Park will welcome visitors starting from October 5, with a wide range of new interactive, educational and entertainment experiences for visitors of all ages. The opening follows the completion of a comprehensive renovation and development process aimed at expanding the facilities of the Park and further enriching the visitor experience. ...

  Read More »
• 21 September

  Khalifa Foundation, CSR UAE Fund benefit 395,000 people

  

  Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation continues to provide humanitarian aid through the Covid-19 initiatives launched by CSR UAE Fund in partnership with the Foundation. The campaign received monetary and in-kind contributions that included thousands of items that were distributed to beneficiaries. The items included smart devices to support distance learning, urgent medical equipment to ...

  Read More »