UAE and other Gulf stocks opened the day on a higher note riding on optimism created by the US recording a surge in employment data for March. The numbers suggest that US business activity is coming back thanks to stimulus packages and a robust COVID-19 vaccination campaign.
The investors are upbeat as any turnaround in the world s biggest economy will have spillover impacts, propelling global stock markets upward on Monday.
Soaring on divestiture
Abu Dhabi Securities Exchange soared 1.1 per cent at 6,016 points in yet another stellar performance on its seventh day of consecutive gains. The index advance was mainly led by International Holding, which gained 11.3 per cent to Dh73.9 after announcing its plan to divest 100 per cent shareholding in Trust International Group for a sale consideration of Dh350 million.
Abu Dhabi market closes another day in black, and it s got International Holding to thank gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
ServeU to source HR and services for UK pavilion
DUBAI, 2 hours, 19 minutes ago ServeU, a subsidiary company of Union Properties, has been awarded the Human Resources (HR) and staffing services contract for the United Kingdom s pavilion at Expo 2020 Dubai. The UK Department has been awarded the contract for the Pavilion for International Trade. As part of the collaboration, ServeU, along with its subcontracting partners Talents UAE, Big Fish, and Beyond limits, will be responsible for providing overall HR and staffing services, including Pavilion and guide management, cleaning, security, administration, and logistics. Services will be provided to the UK s Department for International Trade and supporting government departments who will be participating in the showpiece event starting this October.
ServeU wins HR services contract for UK pavilion
DUBAI, 1 hours, 18 minutes ago ServeU, a subsidiary company of Union Properties, has been awarded the Human Resources (HR) and staffing services contract for the United Kingdom s pavilion at Expo 2020 Dubai. The UK Department has been awarded the contract for the Pavilion for International Trade. As part of the collaboration, ServeU, along with its subcontracting partners Talents UAE, Big Fish, and Beyond limits, will be responsible for providing overall HR and staffing services, including Pavilion and guide management, cleaning, security, administration, and logistics. Services will be provided to the UK s Department for International Trade and supporting government departments who will be participating in the showpiece event starting this October.
Combination of factors propels UAE stocks to one of its best days of 2021 gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.