China stocks trade at big discount in Hong Kong as mood sours

BLOOMBERG Shares of Chinese companies listed in Hong Kong are trading at a growing discount to their mainland peers, according to the AH Premium Index, which tracks the price difference between the largest shares listed in both markets. The gauge has reached its highest since November, when the government’s revamp of its Covid policy helped extend a massive reopening rally. ...

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US equity futures rise before Nvidia results; bonds rally

BLOOMBERG US equity futures rose as investors awaited earnings from Nvidia Corp., the chipmaker at the heart of the hype around artificial intelligence. Europe led a rally in global bonds as signs of a quickening downturn in the euro area prompted traders to trim interest-rate hike bets. Services activity shrank for the first time since the end of last year, ...

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O! Millionaire Redefines Dreams with a Grand Prize of AED82.5mn Dirhams and a Dazzling Episode Featuring Barbie

DUBAI/GULF TIME O! Millionaire, the foremost provider of an environmentally conscious draw, captured the world’s attention once again with its electrifying Episode 66. The latest episode unfolded an atmosphere of excitement and anticipation, as the captivating hosts Anna Marienko, a real-life Barbie and international model, and Maradona Rebello, a beloved actor-environmentalist, graced the Green Stage. The dynamic duo infused the ...

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Khaled bin Mohamed bin Zayed officially inaugurates Mawaheb Talent Hub

ABU DHABI / GULF TIME His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has officially launched the Mawaheb Talent Hub (Mawaheb), building on a successful pilot phase during which 7,450 citizens benefitted from 680 upskilling courses and workshops, and 1,650 citizens were matched to roles ...

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Enec hosts nuclear innovation and technology summer school

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) has conducted a Nuclear Innovation & Technology Summer School, in cooperation with Khalifa University and Emirates Nuclear Technology Centre. The programme was designed to educate and prepare university students for the growing nuclear energy market requirements while enhancing the sustainability of the UAE’s nuclear energy industry. The educational programme engaged ...

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Irena to announce results of ‘ETAF’ initiative in Cop28: UAE official

ABU DHABI / wam Dr Nawal Al-Hosany, UAE Permanent Representative to the International Renewable Energy Agency (Irena), has emphasised the country’s enduring contributions in solidifying both local and global initiatives of Irena to accelerate the renewable energy transition. The collaborative efforts of the UAE and Irena seek to expedite the adoption of renewable energy and enhance its role within all ...

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Rakez witnesses big growth in holding company registrations

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) reported a remarkable surge in the registration of holding companies since introducing this company structure in 2020. The consistent rise in registrations highlights the growing appeal of this innovative investment vehicle, as the total number of holding companies rose by 35% to 329 in the first eight months of ...

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UAE envoy presents copy of credentials to Cuba’s Deputy Minister of Foreign Affairs

HAVANA / WAM Hazza Ahmed Al Kaabi has presented a copy of his credentials as the UAE Ambassador Extraordinary and Plenipotentiary to Cuba to Anayansi Rodríguez Camejo, Deputy Minister of Foreign Affairs of Cuba, at the ministry’s headquarters in the capital, Havana. Camejo wished Al Kaabi success in his work to strengthen bilateral relations across different fields between the two ...

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100 days to COP28: UAE readies to welcome the world

ABU DHABI / WAM The COP28 UAE Presidency on Tuesday is using the occasion of being 100 days away from the world’s largest annual climate summit, COP28, to call on the world to come to the UAE ready to make transformational and practical progress towards addressing the climate crisis. COP28 will feature the first Global Stocktake to measure progress against ...

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