Sheikh Hamdan receives top-achieving high school students from Al Dhafra

AL DHAFRA / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has received the top-achieving high school students from Al Dhafra Region for the 2022-2023 academic year. Sheikh Hamdan congratulated the students and their families for their achievements, emphasising the leadership’s focus on education and keenness to empower students to fulfil their potential and ...

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Stocks extend rally as mood sinks dollar to 15-month low

BLOOMBERG The risk-on mood in markets stretched into another day as stocks climbed and the dollar weakened to a 15-month low. European shares extended the rally, which saw the Stoxx 600 Index surge 1.5%. Swatch Group AG, the maker of Omega and Longines watches, jumped more than 6% as China’s reopening fueled a rise in profits. Watches of Switzerland Group ...

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Chinese tech stocks advance as signs of official support grow

BLOOMBERG China’s tech stocks gained for a fourth day in Hong Kong as growing signs that the government’s long crackdown on the sector is finally over bolstered investor confidence. The latest leg of the rally came after Chinese Premier Li Qiang met with senior executives from country’s leading tech firms and urged local governments to provide more support to the ...

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UAE President receives phone call from UN Secretary-General

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from António Guterres, Secretary-General of the United Nations. Guterres expressed his appreciation for the UAE’s active contribution to progress in key regional and global areas. His Highness and the UN Secretary-General underscored the importance of the Black Sea Grain Initiative and reviewed ongoing ...

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UAE leaders congratulate President of Sao Tome and Principe on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Carlos Manuel Vila Nova of the Democratic Republic of Sao Tome and Principe, 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 ...

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Yahsat to invest $100m in 2023 in T4-NGS satellite programme

ABU DHABI / WAM Ali Al Hashemi, CEO of Yahsat Group, has announced that the company expects to allocate over $100 million this year for capital expenditures as part of the “T4-NGS” satellite programme. The programme, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025 with a total cost of up to $550 million, ...

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Moroccan media lauds UAE’s participation in Tan Tan Moussem

TAN TAN / WAM Various Moroccan media outlets lauded the UAE’s participation in the Tan Tan Moussem 2023. The festival is part of the United Nations Educational, Scientific and Cultural Organisation (Unesco) World Cultural and Heritage Forum held in the Tan Tan region of Morocco. The Moroccan media confirmed that the UAE pavilion, which showcases Emirati culture and heritage, was ...

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Digital Dewa delegation strengthens partnership with Huawei

GUANGDONG / WAM A delegation led by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has met with senior officials from Huawei in China, and discussed enhancing cooperation and exchanging experiences in energy storage, smart grids, digital transformation, cloud computing, and electric vehicle charging station. During his visit to the headquarters of Huawei, a ...

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