Traders work on the floor of the New York Stock Exchange on Thursday. Associated Press
The United Arab Emirates has expressed its deep regret and condemnation of the recognition by the United States of the Syrian Golan Heights as sovereign Israeli territory, describing it as a move that disrupts all efforts to achieve a lasting peace in the Middle East.
Syria asked the United Nations Security Council on Tuesday to hold an urgent meeting on the US decision to recognize the Golan Heights as Israeli territory.
Arab officials said the summit would be dominated by the Golan Heights and Palestinian demands for an independent state in the West Bank and Gaza Strip, areas also occupied by Israel in the 1967 war.
Washington: The US government cut aid to El Salvador, Guatemala and Honduras on Saturday after President Donald Trump blasted the Central American countries for sending migrants to the United States and threatened to shutter the US-Mexico border. A surge of asylum seekers from the three countries have sought to enter the United States across the southern border in recent days.
Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China’s Huawei. In Europe, the broader Euro STOXX 600 climbed 0.6%,
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has launched the ‘Golden Card’ scheme to grant permanent residency benefits to investors, entrepreneurs, specialised talents, researchers, and outstanding students.
The Sensex on Tuesday ended 382 points in the red, after touching a record high of 39,572 minutes into the trade. The session started on a firm note with Sensex hitting a life-time high of 39,572, but it failed to hold on to the early gains and ended over 380 points lower.
ENOC Group’s EPPCO Lubricants has signed a three-year MoU with Al-Futtaim Auto & Machinery Company (FAMCO), the GCC’s largest construction and commercial vehicle distributor in a first-ever agreement with the Group to exclusively supply lubricants, coolants and greases for its UAE operations.