Morgan Stanley plans new Singapore office amid growth boom

BLOOMBERG  Morgan Stanley plans to move to a new office in Singapore, seeking a bigger space in the city-state’s financial district to accommodate its expansion. The US firm is in advanced discussions for five floors at the upcoming IOI Central Boulevard Towers, which will give it certain signage rights, according to people familiar with the matter. The space, which will ...

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UAE University ranks in 10 Sustainable Development Goals

AL AIN / WAM The UAE University (UAEU) has achieved a new leap in the global rankings by being recognised in 10 Sustainable Development Goals according to THE Impact Rankings for 2023 while securing a global impact ranking within the range 301-400. The university was ranked for the first time in 10 of the 17 SDGs, including the 1st SDG: ...

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UAE, Vietnam eye stronger trade and investment ties

HANOI / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has attended a bilateral meeting with Pham Minh Chin, Prime Minister of Vietnam, during a high-level visit to Hanoi where they welcomed the beginning of negotiations towards a Comprehensive Economic Partnership Agreement (Cepa). The discussions also touched on the World Trade Organisation’s 13th Ministerial Conference ...

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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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