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The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …
An Emirates plane has been “involved in an accident upon landing” at Dubai’s main airport, officials reported. The Dubai media office has confirmed that all 300 passengers and crew have been safely evacuated
Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …
Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …
A residential skyscraper has caught fire in Dubai, prompting the authorities to evacuate the apartment block and cordon off the area. The flames spread to at least 30 levels of the 75-story building.
Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points, and achieved an average daily trading value of SR 4.23bn.
The Saudi market fell slightly by 0.37% and closed at 6,543 points, recording an average daily trading value of 3.195bn Riyals
The four markets include the Gulf with Dubai at the forefront, London, the US, and South Africa
Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and the new regional headquarters for Banque Misr’s branches in the United Arab Emirates (UAE)
Arab inbound tourism to Egypt must not fall to less than 3 million visitors a year, says ETF chairman
Ongoing projects valued at $53.6bn while value of planned projects is $337.2bn
Qatar dropped by 2.04%
Messi visited Dubai last month to attend the Dubai International Sports Conference
Travco’s Dubai organised charter flights to Sharm El-Sheikh last week
The day 4 January 2016 marks the tenth anniversary of HH Sheikh Mohammed bin Rashid’s accession to Ruler of Dubai. It is a day for celebration and giving thanks. This is an opportunity for Emiratis to express their appreciation for an exceptional ruler, who has not only fulfilled his roles as Vice-President and Prime Minister …
The New Year’s blaze at a luxury hotel has led to calls for skyscrapers to be modified, amid concerns that Dubai landmarks are built with flammable cladding. It was the city’s third major high-rise fire in three years.
A survey revealed that 100% of attendance was motivated by preparing for future deals, and about 96% wished to form partnerships and sign contracts.
With this victory, McIlroy tops the list of awards the European tour for the third time in four years, marking the 12th title for 26-year-old McIlroy.
Abraaj Group is a lead investor in the new deal for the application-based car service provider
Projects will be in real estate, agriculture and tourism sectors
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
By Khalaf Ahmad Al Habtoor “The price of freedom is eternal vigilance,” said the 18th century Irish politician John Philpot Curran. I could not agree more, especially when there are so many unscrupulous people abusing their freedom to create violence and anarchy. Sadly, troublemakers and crazies have succeeded in turning parts of the Middle East …
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
Global fashion legends and emerging talents to showcase their latest creations at Dubai Mall
Being international gives you strength as you do not only cater for one kind of audience, says Ghaly
Company targets increasing users from 150,000 to 500,000 by end of 2015
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
Securities, investors diversity provides opportunities for companies to expand and grow, says Ali
Connoisseurs and contemporary art critics say Art Dubai has yet to reach the level of the world’s most established markets, like Art Basel, however its emerging market feel provides a special buzz.