The German share price index DAX graph is pictured at the stock exchange in Frankfurt on Friday. Reuters
Global shares dipped on Friday as data out of China, the eurozone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in US fiscal stimulus.
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
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.
Emirates SkyCargo has announced that it is stepping up its readiness to handle the logistical complexities of distributing a potential COVID-19 vaccine globally by creating the world’s first dedicated airside cargo hub for the vaccine in Dubai.
World shares slipped to a two-week low and oil steadied after another heavy fall on Thursday, as the global surge in COVID-19 cases and fractious US stimulus talks kept financial markets cautious.
Chairman of the Abu Dhabi Department of Energy Awaidha Murshed Al Marar has said that the department is implementing the directives and visions of the UAE’s leadership to enhance the stature of Abu Dhabi
Mariam Bint Mohammed Saeed Hareb Al Mheiri, UAE Minister of State for Food Security, and Brazil’s Minister of Agriculture, Livestock and Supply, Tereza Cristina, kicked off the third day of the Brazil-Arab Countries Economic Forum.