Dubai / Emirates Business Emaar Malls, the developer of premium shopping malls and retails assets including The Dubai Mall, majority-owned by Emaar Properties, reports revenue of AED1.657 billion in the first half of 2020 (January to June). With a first-half net profit of AED345 million, the result demonstrates the resilience ...

Beijing / WAM The UAE Ambassador to China has said that both the UAE and China have been making headway in technological innovation and achievements. “This is a seismic age for technology, from the apps we use on our phones and new ways of working to high technology itself,” Dr ...

Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) held a remote video meeting with Bernard Tabary, CEO International at Keolis Group; a leading French firm and operator of passenger transport on various transit modes. The meeting ...

Bloomberg Equities rise globally alongside US index futures after President Donald Trump said he’s considering a tax cut on capital gains. Gold slipped for a third day. From carmakers to energy stocks, a broad rally swept the Stoxx Europe 600 Index higher. Momentum carried forward from Asia, where a benchmark ...

Bloomberg India’s benchmark equity index rose, in line with peers in Asia, as investors weighed the prospect of business recovery against the pace of new coronavirus infections. The S&P BSE Sensex gained 0.7% to 38,434.13 as of 10:06 am in Mumbai, set for its longest stretch of gains in three ...

Bloomberg South Africa’s main stock index climbs 1.6% by 9:43 am in Johannesburg as gains in diversified miners and a rally in Richemont counters weakness in index giant Naspers Ltd. It’s the market’s first trading session of the week following Monday’s holiday. Sasol reverses earlier weakness to be 0.9% higher. ...

Bloomberg European stocks and US equity futures were little changed after China said it would sanction American officials in retaliation over Hong Kong. Stocks pulled back from earlier gains, but losses in the Stoxx Europe 600 Index were limited by rallies in Spanish bank shares. Oil advanced after Saudi Aramco ...

Bloomberg Tencent Holdings Ltd. added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66 billion following America’s move to ban residents from doing business with the company’s WeChat app. The stock falls 4.8% on Monday and nearly reached Friday’s low. The ...