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Dubai / WAM Dubai Investments has emphasised its commitment to its sustainability strategy by highlighting the industry-best innovation and products from the company’s subsidiaries, which could shape the smart cities of the future. With the wide range of in-house sustainable products and solutions, Dubai Investments is showcasing some of its latest innovative products and technologies to achieve environmental, economic and ...

Sharjah / WAM Rexton Technologies, the world leader in the design and manufacture of LED light bulbs, launched the largest LED light manufacturing facility in the Middle East and North Africa region on Monday at the Sharjah Airport International Free Zone. Rexton Technologies developed the new facility with a total investment of over AED50 million. Rexton Technologies is an industrial ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday visited the Ports, Customs and Free Zone Corporation’s, PCFC’s, stand at DIGAE and was briefed on its initiatives by the Director of Dubai Customs, Ahmed Mahboob Musabih. During the first day of the exhibition, Dubai Customs and ...

Dubai / WAM Lt. General Dhahi Khalfan Tamim, Deputy Chairman of Police and Public Security in Dubai and Honorary Chairman of Emirates Forensic, on Monday officially inaugurated the Emirates International Forensic Conference and Exhibition, Emirates Forensic 2018, being held from April 9-11 at the Dubai International Convention and Exhibition Centre, under the theme “Science Serving Justice.” The three-day conference is ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday launched the e-Platform for Foreign Direct Investment (FDI), established by the UAE Ministry of Economy, at the inaugural session of the Annual Investment Meeting (AIM) being held at the Dubai World Trade Centre on Monday. ...

Abu Dhabi / WAM Adnoc Drilling, an Abu Dhabi National Oil Company, ADNOC, subsidiary, on Monday celebrated the graduation of 333 Emiratis from its Drilling Training Centre. Today’s graduates are the latest batch to have completed their training at the state-of-the-art centre. They will play a key role in ensuring efficient, reliable and safe onshore and offshore well-drilling operations. The ...

Bloomberg US stocks climbed with Asian equities as investors looked to China’s President Xi Jinping to calm a trade dispute between the world’s two largest economies. Treasuries fell with gold. The S&P 500 Index rose after last week’s 1.4 percent tumble, and strength in semiconductors, software and technology hardware pushed the Nasdaq 100 Index and Nasdaq Composite Index up more ...

Bloomberg India’s dominant stock venue is unable to list its shares due to a regulatory probe. For the last six months, investors probably wished the country’s other exchanges never went public, either. Multi Commodity Exchange of India Ltd. fell the most among all global exchanges in the past six months, declining 29 percent. BSE Ltd., which trades stocks and currency ...

Bloomberg Crude climbed by the most in more than two weeks amid a weaker dollar and easing concern that a trade war will break out between the US and China. Futures jumped as much as 1.6 percent in New York as the dollar dipped, boosting oil’s appeal as a store of value. As investors evaluate the ongoing tensions between US ...

RIYADH / Reuters Saudi Arabia’s stock exchange expects an influx of foreign funds to smooth the listing of national oil firm Saudi Aramco, despite concern among some analysts about whether the market can absorb the huge offer, the exchange’s chief executive said. “Foreign investors are putting in more money — every day we have improved liquidity capacity,” Khalid al-Hussan said ...