Asian stock markets have rallied at the end of the trading week. The move came after a slight rebound in oil prices, and hints that the European Central Bank (ECB) may act to stimulate the eurozone economy. European indices have also opened higher. It follows a slump in stock markets earlier in the week on concerns about oil, China's economy, and global growth. Danny Cox of stockbroker Hargreaves Lansdown, says the ECB's chief has played a role in boosting stocks.
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Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secret
Tata Electronics said on Monday it had detected a recent 'cybersecurity incident', after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers of the Indian group.
FNC proposes Euro-Mediterranean and Gulf AI hub at economic forum
The UAE's Federal National Council (FNC) has proposed the creation of a Euro-Mediterranean and Gulf artificial intelligence hub to boost investment, research and cooperation in one of the world's fastest-growing sectors.
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Federal National Council Speaker Saqr Ghobash has called for closer economic and parliamentary cooperation between Euro-Mediterranean and Gulf countries to help address rapid technological and economic change and support sustainable development.
Dubai's DGCX to launch region’s first Gold Spot T+0 Contract
The Dubai Gold and Commodities Exchange (DGCX) is set to launch a new same-day gold trading contract on Monday, June 22, in a move aimed at making physical gold transactions faster and more efficient.
AD Ports launches new logistics link between UAE and Iraq
AD Ports Group has launched integrated logistics services connecting Khalifa Port with Umm Qasr Port in Iraq, reinforcing commitment to enhancing regional connectivity and supporting existing trade corridors.
Dubai Humanitarian has facilitated a third emergency aid airlift to support efforts to contain the Ebola outbreak in the Democratic Republic of the Congo.
His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, has honoured more than 100 UAE media organisations, media professionals and content creators for their role in enhancing trust and fostering national unity during recent regional developments.
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued a new law regulating the use of drones.
