Over 100 mega events spotlighting the arts, fashion, kung fu and others will be held in Hong Kong within the next six months, according to Chief Executive John Lee Ka-chiu.
Category: Economy
Post
Post
U.S. fund Oaktree takes over Inter Milan football club
U.S. investment fund Oaktree Capital Management said it has become the new owner of Italian football club Inter Milan after its owner defaulted on a loan, according to international news agencies.
Post
Emirates Islamic issues $750 million Sustainability Sukuk
Emirates Islamic has announced the successful pricing of its US$750 million first-ever Sustainability Sukuk, marking a significant milestone in the bank’s sustainable journey and Islamic finance industry.
Post
Stock market today: Global shares edge lower after Wall Street sets more records
European stocks dropped in early trading and Asian markets were mostly lower on Wednesday after U.S. stocks hit new record highs, Associated Press reported.
Post
‘SAFEEN’ trials first electric tug in Middle East for Marine Services fleet
SAFEEN Group, part of AD Ports Group, has announced it is trialling an electric tug within their Marine Services fleet, the first of its kind in the Middle East, which will be deployed at AD Ports Group’s flagship facility, Khalifa Port.
Post
Cairo to host meeting of Council of Arab Finance Ministers on Wednesday
The Arab Monetary Fund (AMF) is organising the 15th regular session of the Council of Arab Finance Ministers in the Egyptian capital, Cairo, on Wednesday, as part of the annual joint meetings of Arab financial institutions, under the chairmanship of Nadia Fettah, Minister of Economy and Finance of the Kingdom of Morocco.
Post
ADX commences Global Investor Roadshow in New York
Abu Dhabi Securities Exchange (ADX), one of the world's fastest-growing securities exchanges with a market capitalisation of more than US$765 billion, is pleased to launch its 2024 Global Investor Roadshow and Conference starting off with New York in collaboration with Morgan Stanley Bank, on 20th and 21st May, 2024.
Post
MoEI, Etihad WE formalise UAEV joint venture to deliver best-in-class EV fast-charging infrastructure
The UAE Ministry of Energy and Infrastructure (MoEI) and Etihad Water and Electricity (Etihad WE) today unveiled a pioneering joint venture, UAEV, to provide and promote fast and accessible electric vehicle (EV) charging infrastructure across the UAE. UAEV is the first EV charging network fully owned by the government.
Post
UAE airports welcome 36.5 million passengers in Q1 2024
The UAE's civil aviation sector recorded remarkable growth in the first quarter of 2024, welcoming a staggering 36.5 million passengers, according to the General Civil Aviation Authority (GCAA).
Post
Oil prices rise in global markets
Oil prices have surged in global markets, Azerbaijan's state news agency (AZERTAC) reported on Thursday.