Micky Lawler, President of the Women’s Tennis Association, gathers with other members of the WTA and tennis players to ring the opening bell at NASDAQ. AFP
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Global stock markets rose on Friday as investors put economic growth fears and trade jitters to one side, deciding that they had had enough drama and losses for one week.
Global stocks sank to their lowest levels in over two months on Tuesday, as relief from a sharp selloff the previous day on fears about the spreading coronavirus proved temporary.
Value of funds collected through the UAE Direct Debit system (UAEDDS) of the Central Bank of the UAE (CBUAE) rose by 7 per cent to Dhs61 billion in 2019 from Dhs57 billion in 2018, according to figures released by the Central Bank of the UAE.
Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises (SMEs) confirmed that supporting SMEs is a top priority in the Ministry’s agenda and in ensuring the growth of the national economy in the future.
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced that it is organising the first-ever Dubai Technology Tour, which aims to drive UAE-India collaboration in the areas of fintech and healthtech.