Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, hosted a delegation from the French Business Group – Abu Dhabi in which the operational framework, vision, mission, and investment opportunities at ADX was highlighted to the delegation. Members of senior management attended the event from both sides. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX, ...
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April, 2019
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16 April
MBRSC launches ‘Hope Generation’ initiative
Dubai / WAM The Mohammed bin Rashid Space Centre (MBRSC), has launched the ‘Hope Generation’ initiative to help schools encourage students to study Science, Technology, Engineering, and Mathematics (STEM), fields and increase their curiosity about space science and exploration. This could be done through lectures, workshops and open meetings by MBRSC’s experts for middle school to high school students, and provide ...
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16 April
UAE, US hold talks over cooperation in future technology
Dubai / WAM Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Deputy Managing Director of Dubai Future Foundation (DFF), highlighted the role of building solid international ties, establishing global partnerships, and employing modern technologies across various industries in supporting the UAE’s efforts in developing the industry of the future. He made these remarks while leading a UAE ...
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16 April
With an eye on Trump, refiners tout clean fuel rule as US win
Bloomberg US oil refiners, in line for a windfall from new ship-fuel rules, are taking steps to lock in the change quickly, concerned it could fall victim to President Donald Trump’s re-election push. Under the new rules, many shippers will switch to low-sulfur fuels, boosting competition and, potentially, increasing the price of diesel, jet fuel and heating oil. The US ...
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16 April
Kim getting ready for first summit with Russia’s Putin
Bloomberg Russia is preparing for North Korean leader Kim Jong-un’s first summit with President Vladimir Putin, setting the stage for consultations between the long-time allies after Kim’s nuclear talks with the US broke down. Russian officials told a South Korean diplomatic delegation visiting Moscow this week that plans were being made for a summit but offered no details on a ...
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16 April
Standoff in Sudan amid calls for army rulers to cede power
Bloomberg Pressure mounted on Sudan’s military rulers to cede power as the African Union echoed protesters’ calls for a swift handover to a civilian government in the wake of long-time leader Omar al-Bashir’s ouster. Demonstrators kept up their carnival-like sit-in outside army headquarters in Khartoum, the capital, for an 11th day, despite an apparent bid to disperse them. The Sudanese ...
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16 April
Macron presides over unity as nation grieves Notre Dame
Bloomberg French citizens joined global leaders to rally behind Emmanuel Macron in the aftermath of a fire that ravaged the iconic Notre-Dame Cathedral in Paris, giving the French President an opportunity to quell the political volatility that’s embroiled his government. Macron vowed to rebuild the 850-year-old Gothic monument, an issue that’s united the French population across the political spectrum, with ...
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16 April
Russian support for Stalin hits record
Bloomberg Respect among Russians for Joseph Stalin has surged to the highest level of President Vladimir Putin’s era, with 70 percent saying his rule had been good for the country, according to a poll tracking attitudes towards the Soviet dictator. A record 51 percent viewed Stalin positively in March, up from 40 percent a year earlier, the survey by the ...
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16 April
US killing of IS leader to blunt attacks in Puntland
Bloomberg The US’s killing of the deputy leader of an IS faction in Somalia’s Puntland will blunt the group’s ability to carry out further attacks in the semi-autonomous region that sits near a key shipping lane, Puntland’s security minister said. The US confirmed it carried out an airstrike that killed Abdulhakim Dhuqub in the northeastern Somali region. It described Dhuqub ...
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16 April
US stock gains fade on mixed earnings; bonds retreat
Bloomberg US stocks faltered in their pursuit of all-time highs as investors sifted through a group of high-profile earnings for clues on the strength of the American economy. The 10-year Treasury yield reached its highest level since the March Federal Reserve meeting. The S&P 500 failed to hold its six-month high after UnitedHealth Group Inc erased a gain that topped ...
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