Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
European Stocks Edge Up, Recovering from Month’s Largest Drop Brussels, 27 Aug (ONA) — European stocks today edged higher, recovering from their largest decline in nearly a month, as investors awaited the financial results of the artificial intelligence giant Nvidia.
The STOXX 600 European index rose by 0.4 percent, and France’s CAC 40 index climbed by the same margin after recording its lowest level in three weeks during the previous session. Stock indices in Germany, Italy, and Spain registered gains ranging from 0.1 percent to 0.3 percent.
Among individual companies, Orsted shares increased by 3.5 percent, while Novo Nordisk shares rose by 2 percent. This uptick comes as investors eagerly anticipate the results from Nvidia, the world’s most valuable company, searching for new indicators concerning AI-related stocks, especially after the slowdown observed in the year’s largest stock market rally in August.— Ends/Khalid
