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BLOOMBERG Stocks rallied as investors reacted to the possible peak of the Federal Reserve’s historic tightening campaign and processed the latest major company earnings. Rates-sensitive real estate stocks led the advance in Europe’s Stoxx 600 index, which is set for its longest winning streak since July. US equity futures pointed to an extension of Wednesday’s gains on Wall Street as ...

SHARJAH/ WAM Sharjah is gearing up for a significant presence at the 43rd edition of the World Travel Market (WTM) in London from 6-8 November. Sharjah will be represented by a coalition of 18 government and private entities in collaboration with the Sharjah Commerce and Tourism Development Authority (SCTDA), with a focus on showcasing the emirate’s accomplishments in aligning tourism ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has received Odonbaatar Shijeekhuu, Ambassador of Mongolia to the UAE. During the meeting, which was held at Qasr Al Watan in Abu Dhabi, the two sides reviewed aspects of the UAE-Mongolia relations and ways to develop them across ...

DUBAI/ WAM Ducab Group, one of the biggest end-to-end energy solutions providers and manufacturing firms in the UAE, has signed a Memorandum of Understanding (MoU) with leading Moroccan engineering firm Somagec Group to develop power, transmission systems, and electrification in Angola. The agreement was signed in the presence of Omar Abdulrahman Al Tunaiji, Acting Chargé d’Affaires of the Embassy of ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Chairman of the Abu Dhabi Executive Council and Chairman of the Executive Committee of the Board of Directors of ADNOC, today received H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of ...

DUBAI/ WAM The 18th edition of the Dubai Airshow, to be held from 13-17 November 2023 at Dubai World Central (DWC), is set to be the biggest on record, with over 1,400 exhibitors from 95 countries and visitor numbers expected to grow from last year’s edition. The Dubai Airshow presents an opportunity to welcome many new and returning industry stakeholders ...

ABU DHABI/ WAM International credit rating agency Standard & Poor’s (S&P) praised the ongoing development of the UAE’s banking services sector. The coexistence of traditional and Neobanks has become more likely, with each catering to specific customer segments and offering unique advantages, the company said. In its recent report titled “Future of Banking”, S&P predicted an increasing reliance on Neobanks, ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the 15th Abu Dhabi World Professional Jiu-Jitsu Championship. H.H. attended the ceremony at the Mubadala Arena and met with young athletes who are competing across youth, professional, masters and para-jiu-jitsu categories. Sheikh Khaled ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call today with Mark Rutte, Prime Minister of the Kingdom of the Netherlands, to discuss efforts to strengthen the response to worsening humanitarian conditions in the Gaza Strip, as well as the impact of military escalation and recent developments in Gaza on regional and international stability and ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with His Majesty King Abdullah II bin Al Hussein of the Hashemite Kingdom of Jordan on the deep-rooted relations between the two countries. The two sides explored opportunities to bolster strategic cooperation in a way that achieves the mutual interests and aspirations of their peoples for a ...