A man rides a bicycle near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday. Associated Press
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.
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.
Japan’s government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-largest economy.
Sheikh Mohamed Bin Zayed said on X, “I extend my sincere congratulations to King Salman Bin Abdulaziz, Crown Prince Mohammed Bin Salman, and the people of Saudi Arabia for the Kingdom's successful bid to host Expo 2030. Through resounding support for Riyadh Expo 2030, the international community continues to recognise the remarkable path towards growth and prosperity in Saudi Arabia.”
This was stated by Badr Jafar, COP28 Special Representative for Business & Philanthropy, during an exclusive interview with Gulf Today, adding that by bringing together over 1,000 leaders from diverse backgrounds.
The Dubai Supreme Council of Energy (DSCE), Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organisation (WGEO) are organising the 9th WGES on 28-29 November 2023 at Madinat Jumeirah Conference Centre in Dubai
During the meeting, the council discussed a number of government work topics in the Emirate of Sharjah including following up on the progress of work in government departments, and reviewing developments in work on infrastructure projects.