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BLOOMBERG Blockbuster obesity drug maker Novo Nordisk A/S became more valuable than Denmark’s economy in 2023, but that wasn’t enough to prevent the domestic stock index from underperforming this year. The blue-chip OMX Copenhagen 25 gauge has limped to a gain of about 4%, despite the nearly 45% pop in the shares of Novo, its biggest-weighted stock. That’s far below ...

BLOOMBERG The yen slumped and global bond yields slid after the Bank of Japan (BOJ) signalled it’s in no hurry to remove negative interest rates. Japan’s currency fell as much as 1.3% to a one-week low against the dollar, while the Nikkei 225 equity index rallied to a two-week high, after the BOJ held rates at -0.10%. Treasury 10-year yields ...

DUBAI/ GULF TIME Medical Wellness Tourism held a medical tourism exhibition at the Marriott The Palm Resort in Dubai, with the participation of the largest clinics and the most famous doctors from several countries around the world. This exhibition comes to attract doctors from all over the world, such as Japan, South Korea, Thailand, Malaysia, Germany, Switzerland, Denmark, and Turkey, ...

SHARJAH / GULF TIME Géant, part of GMG, a retail giant known for its commitment to excellence and ease, is all set for its debut in Sharjah with the grand opening of its hypermarket at Sahara Centre on 15 December 2023. The 53rd store of GMG’s Everyday Goods – Retail division marks a significant step for the brand, bringing seamless ...

ABU DHABI/ WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Kings Aluminium Industries today announced the commencement of construction for a state-of-the-art aluminium manufacturing and recycling facility in KEZAD. With a total investment of AED 750 million by Kings Aluminium Industries, the facility in KEZAD will be spread across 100,000 ...

ABU DHABI/ WAM Etihad Airways and Maldivian have announced a strategic bilateral interline partnership, unlocking access to 16 holiday destinations in the Maldives beyond the main island of Malé. The agreement between Etihad and Maldivian, the national airline of the Maldives, means guests can now navigate across the Indian Ocean archipelago, enjoying the combined services and networks of both carriers ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Emir Sheikh Tamim bin Hamad Al-Thani of Qatar, on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

ABU DHABI/ WAM The Fourth Abu Dhabi Family Forum, held under the theme ‘Cohesive Family, Sustainable Community’ focused on key pillars of Sustainable Family, Business Leadership, Children of the Future, and Emirati Heritage, witnessed remarkable participation in diverse workshops held in partnership with various entities. The ‘Sustainable Family Station’ hosted six workshops, including ‘Digital Parenting’ organised by the Khalifa Empowerment ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Abdel Fattah El-Sisi on his re-election as President of the Arab Republic of Egypt. President His Highness Sheikh Mohamed wished President El-Sisi success in leading Egypt and continuing to log achievements in the country’s track record. His Highness the UAE President lauded the growing UAE-Egypt ties, ...

SHARJAH/ WAM The third edition of the Sharjah Events Festival, hosted by the Sharjah Government Media Bureau, wrapped up successfully, on Sunday, on the lawns of Al Majaz Amphitheatre in Al Majaz Island. Organised under the slogan, “See Sharjah”, the 4-day annual festival had been a huge hit with people of all age groups, attracting more than 20,000 visitors. The ...