Education is key to meeting requirements of next 50 years: Sheikh Mansour

ABU DHABI / WAM  HH Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Board of Trustees of Khalifa Award for Education, stressed that the UAE’s education sector receives generous support from UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who considers education as the foundation for ...

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Sharjah Ruler approves Souq Al Jubail logos in Al Dhaid and Kalba

SHARJAH / WAM  His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the two logos of the Souq Al Jubail in Al Dhaid and Kalba. The approval of His Highness the Ruler of Sharjah for the logos highlighted the importance of the trademark of Souq Al Jubail, one of the integrated projects ...

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Stocks waver; Aussie jumps on surprise RBA rate hike

BLOOMBERG US futures and European stocks fluctuated on Tuesday trading, and the Australian dollar jumped after a surprise interest rate increase by the country’s central bank. Contracts on US gauges were muted, following the S&P 500’s retreat. Apple Inc fell 0.4% in premarket trading, after dropping from an all-time as it unveiled its new mixed-reality headset at a steep price. ...

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AI-driven tech rally has legs, say Citi strategists

BLOOMBERG The roaring rally in tech stocks has further to go, as the buzz around artificial intelligence and hopes for a pause in the Federal Reserve’s rate hikes give them an edge, according to Citigroup Inc quantitative strategists. The growth style investing factor in the US has by far been the most successful with a nearly 20% jump this year, ...

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South Korea to highlight Sharjah’s cultural leadership at 65th SIBF

SHARJAH / WAM South Korea will highlight Sharjah’s prominent cultural leadership in the Arab region at the 65th annual Seoul International Book Fair (SIBF). As the Guest of Honour, Sharjah will be celebrated during the 5-day event from June 14-18. Led by the Sharjah Book Authority (SBA), the cultural showcase in Seoul will feature a diverse programme of 33 events ...

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Central bank of UAE, CEOs discuss support for COP28

DUBAI/ WAM Khaled Mohamed Balama, Governor of the central bank of the UAE (CBUAE), held a meeting with CEOs of UAE banks to discuss priorities and future initiatives for the banking sector, with a particular focus on advancing green finance in the financial sector. During the meeting, the governor highlighted the important role of UAE banks in developing and implementing ...

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DMCC, Bybit ink partnership to accelerate crypto, Web3 adoption

DUBAI / WAM Dubai Multi Commodities Centre (DMCC) has announced its partnership with the global crypto giant Bybit, in which the exchange will provide financial support totalling AED 500,000 for new crypto businesses looking to set up at the region’s largest community of Web3 and blockchain businesses — the DMCC Crypto Centre. Bybit will become the listing partner for the ...

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Abu Dhabi City Municipality commemorates World Environment Day

ABU DHABI / WAM Abu Dhabi City Municipality, in line with World Environment Day and its dedication to fostering a healthy environment, organised a series of workshops and educational initiatives in collaboration with strategic partners. The aim was to raise awareness among community members about the importance of preserving our natural world. One of the events took place at Al ...

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