Thursday , October 27 2016

Recent News

Abu Dhabi’s non-oil trade soars to AED84bn in H1

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  ABU DHABI / WAM Abu Dhabi’s non-oil foreign trade through various customs ports was AED84.349 billion, registering an increase of AED59 million compared to the same period last year, according to the General Administration of Customs Abu Dhabi. The value of imports reached AED57.363 billion and exports reached AED17.305 ...

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UAE opens power station in Abyan, Yemen

  ABYAN/ WAM The first phase of Ju’ar power station in Abyan Governorate, Yemen, has been inaugurated by the UAE as part of its massive humanitarian, relief and development initiative to alleviate the suffering of the people of Yemen. Abyan had been experiencing power outage for more than a year ...

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Expo 2020 Dubai joins DWIC team in Shanghai

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  DUBAI / WAM Expo 2020 Dubai is to join a high-profile delegation at Dubai Week in China (DWIC) to build and reinforce strategic relationships and highlight the opportunities that the mega-event presents. A team from Expo 2020 Dubai will attend ‘Dubai Week in China 2016’ from October 27-29, which ...

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Apple, commodity strains push global stocks down

London / AFP World stock markets mostly retreated on Wednesday, weighed down by miners’ shares and oil prices, while Apple dragged Wall Street lower, traders said. After declines for the bulk of Asia’s stock markets, Europe’s top indices were showing losses of up to 1.2 percent compared with Tuesday’s closing ...

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Global stocks mostly rise on upbeat economic data

People monitor a stock index board at a bank in Bangkok, Thailand October 17, 2016. Picture taken October 17, 2016. REUTERS/Edgar Su

  SEOUL / AP Global stocks mostly rose on Tuesday amid upbeat economic reports and relatively strong corporate earnings. KEEPING SCORE: Britain’s FTSE 100 added 0.4 percent to 7,015 while France’s CAC 40 gained 0.1 percent to 4,555. Germany’s DAX rose 0.3 percent to 10,795. Stock futures showed that Wall ...

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Eurozone equities advance on positive data

  London / AFP Eurozone stock markets marched higher Monday following bright economic data, showing business activity in October at a 10-month high. Frankfurt gained 0.8 percent in value and Paris won 0.7 percent. London meanwhile London erased earlier gains to trade virtually flat around midday compared with Friday’s closing ...

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Canada stocks rise as energy rallies on

  Bloomberg Canadian stocks extended their rally to a fifth day on Saturday, closing with the biggest weekly gain since March, energy shares continued to ride the rebound in oil and banks advanced on signs that inflation is picking up, making an interest rate hike more likely. The S&P/TSX Composite ...

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European equities aim higher before ECB move

  London / AFP Stock markets in Europe trod higher on Thursday ahead of an eagerly-awaited monetary policy decision by the European Central Bank. Frankfurt and Paris both rose 0.2 percent ahead of the interest rate call due at 1145 GMT, while London flatlined on news of steady retail sales ...

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