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Bloomberg China’s technology stocks slumped as trading resumed in Hong Kong after the long weekend, with continued concern over government regulation and a potential delisting of US-traded shares dampening sentiment. The Hang Seng Tech Index declined 3.8% from its closing level on April 14, with video-game streaming site Bilibili Inc plunging almost 11%. China is starting a two-month “clean-up” inspection ...

Bloomberg Stocks in Europe declined and bond yields climbed as markets reopened after a holiday amid hawkish comments by Federal Reserve officials and Russia’s renewed campaign in eastern Ukraine. Healthcare stocks led the decline in the Stoxx Europe 600 index. Dutch automaker Stellantis NV slumped after halting output at factory near Moscow that makes vans, following a long list of ...

  Dubai / WAM The UAE is again launching widespread charity initiatives during the holy month of Ramadan, embodying the culture of giving, enshrined across all national sectors. Emirati initiatives have helped ensure food security for vulnerable people around the world and provided for their needs, including clothing, medicines and other means of support. This year, the 1 Billion Meals ...

  Abu Dhabi / WAM The Abu Dhabi Business Centre (ADBC), a part of Department of Economic Development (Added), announced that 80 new economic activities were added during 2021, brining the total of economic activities to 4062 by end of last year. New added activities cover many vital business sectors, including 40 new commercial activities, 25 professional, six industrial, five ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a phone call from King Abdullah II ibn Al Hussein of Jordan. During the call, the sides discussed strategic relations between their countries and ways of developing and enhancing them in ...

  DUBAI / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has celebrated the first anniversary of the start of commercial operations at Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafra region of the Abu Dhabi Emirate. Since April 2021, Unit 1 of the Barakah Plant has generated more than 10.5 Terawatt hours of clean ...

  Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73 percent reduction in refuelling costs. Since 2015, Dubai has ...

  Dubai / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

  DUBAI / WAM The Maritime Administration at the Ministry of Energy and Infrastructure has signed a memorandum of understanding (MoU) with the Croatian Register of Shipping (CRS), where the ministry will recognise CRS to issue maritime statutory certificates and carry out all necessary survey works to ensure the eligibility of ships to sail safely. As a result of this ...