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65.91
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1,186.32
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784.25
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14.79
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Prayers

Fajr
04:30
Saturday
18
August 2018

Fajr
Fajr
04:30
Sunrise
Sunrise
05:54
Dhuhr
Dhuhr
12:26
Asr
Asr
03:54
Maghrib
Maghrib
06:58
Isha
Isha
08:28
Weather

29.2 o
Clear
Saturday
18
August 2018
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    29 o
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    30 o
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    30 o
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    29 o
  • 5 PM
    27 o
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    25 o
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    25 o
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Sunday
18 o
28 o
Monday
19 o
27 o
Tuesday
20 o
27 o
Wednesday
15 o
28 o
Markets

2,803.32 -0.52%
Volume
76,528,928
Turnover
-0.52%
Trades
1,759
14
Up
5
Flat
18
Down
Traded stocks 37
4,906.87 0.42%
Volume
37,040,465
Turnover
0.42%
Trades
1,272
7
Up
8
Flat
12
Down
Traded stocks 27
Most active
Electrostar
1.98
SOTRAPIL
17.56
ICF
92
BH
20.49
UADH
1.66
AMI Assurances
7
Servicom
1.82
SIAME
2.3
Carthage Cement
1.88
BNA
20
OTH
18.2
PGH
11.75
Carthage Cement
1.88
SOPAT
2.2
TGH
0.4
SOMOCER
1.33

Business


1 hour 32 minute

She leads a venture capital firm with a difference

With a habit of thinking out of the box and an experience of over a decade in fund raising and investment, it was quite natural for Andreea Danila to come up with the idea of Millennial Capital."I founded Millennial Capital in early 2016 with the aim to deliver an out-of-the-box solution to the existing private equity and asset management approach in the region," says Andreea, founder and managing director of Millennial Capital.Millennial Capital is the first specialist consumer-focused venture management firm in the region which promotes the partnership model targeting international brands looking to enter the GCC."My vision was to...
3 hour 5 minute

Third session of "UAE-Ukraine Joint Committee" begins in Kiev

KIEV, 16th August, 2018 (WAM) -- The third session of the "UAE-Ukraine Joint Committee" started today in the Ukrainian capital, Kiev, and will continue for two days. The committee’s ministerial meeting will be held tomorrow, and the UAE’s delegation will be headed by Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, while the Ukrainian delegation will be led by Igor Nasalyk, Minister of Energy and Coal Industry. The preparatory meeting of the committee’s senior officials, which was held today, was headed by Mohammed Sharaf, Assistant Minister of Foreign Affairs and International Cooperation for Economic and Trade Affairs,...
3 hour 5 minute

China July new loans stronger than expected

Chinese banks extended 1.45 trillion yuan ($210.69 billion) in net new yuan loans in July, above analysts' expectations, as a growing trade battle with the United States threatens to pile more pressure on the slowing economy. China's policymakers have been pumping in more cash to encourage banks to lend to struggling firms, but there are signs that lenders are turning cautious as defaults rise, complicating efforts to channel money to sectors that need it. Moreover, some China watchers fear Beijing's shift in focus to supporting growth may spell a return to its credit-fuelled spending binges of the past, undercutting a...

3 hour 6 minute

Are you buying car insurance online? Check this first...

Thinking of buying your car insurance online, but don't know where to start? Let us walk you through the process of acquiring a car insurance policy online and how, keeping a few important things in mind, it can be a rewarding experience. Trying to navigate through the exhaustive information on car insurance products available online can be challenging. Before you lose yourself in the facts and figures, read on to fully understand the process, features, benefits and conditions associated with purchasing car insurance online so you can make an informed choice. Why buying online is smart The online platform for...
3 hour 10 minute

Celebrate Eid Al Adha holiday at Ritz-Carlton, Riyadh

RIYADH — The Ritz-Carlton, Riyadh invites families and friends to celebrate one of the most anticipated holidays in the world. Staycation lovers need not to travel far and experience hotel indulgence as the lavish five-star hotel in Riyadh still has an ongoing summer stay offer with savings up-to thirty percent. This holiday break is also a great time for gentlemen to pamper and relax as we offer forty percent savings in one of our best-seller treatments, Royal Extravaganza. Guests will enjoy a complete head-to-toe treatment including full body exfoliation, followed by hydrating body massage and mini oxygen facial mask. Famous...
3 hour 47 minute

Samsung Galaxy Note9 ideal for those who demand the best of the best

JEDDAH — Samsung has succeeded in innovating exceptional features to a series that continues to raise the bar for smartphone power and performance. The Galaxy Note9 features an array of innovative technologies that help users get the most out of everything they do. The Galaxy Note9’s all-day, 4,000mAh battery is the largest ever featured in a Galaxy flagship phone, and offers enough charge to power through an entire day’s worth of work, play, and everything in between. The device features generous built-in storage options (either 128GB or 512GB) that allow users to put the days of deleting photos, videos and...

3 hour 47 minute

What firms must consider while giving corporate gifts

The art of gifting is not about how expensive the gift is, but in understanding the connection between the gift and the receiver. It is only then that your gift will have a personality. There is a lot enveloped in that single wrap, which consists of thought, value and love.Corporate gifting should also set the thought process running, even if it's an ordinary promotion. Here are a few guidelines for a thoughtful gift.Gifts need not be expensiveWe live in a society where people take the pleasure of gloating. It may be the finest of gifts, but may have no relation...
3 hour 49 minute

Policybazaar Group appoints CEO and COO for its HealthTech venture

ETechAces Marketing & Consulting Pvt. Ltd. (“PolicyBazaar Group”) which owns India’s leading insurtech brand, PolicyBazaar.com and India’s leading lending marketplace, PaisaBazaar.com, has named Ashish Gupta, as the Chief Executive Officer for its new healthtech venture, DocPrime.com. The appointment is an elevation for Ashish Gupta, who has been serving as Chief Technology Officer at PolicyBazaar since November 2015. Ashish will continue in his current role of CTO until a successor is announced. In another senior leadership appointment, Richit Ummat was named as the Chief Operating Officer of the new venture. Prior to joining Docprime, Richit has worked with Apollo Munich Health...
4 hour 10 minute

Aramco reinforces its leading role in global energy supply

DHAHRAN — Saudi Aramco, the world’s leading integrated energy and chemicals company, released Friday its 2017 Annual Review highlighting strategic achievements that reinforce the company’s role as the No. 1 producer of crude oil and condensate, adding value by integrating refining and chemicals production, and expanding cleaner natural gas supply to meet domestic demand. Saudi Aramco President and CEO Amin H. Nasser said: “In 2017, Saudi Aramco continued to deliver on its long-term strategy of reliable supply to meet customer needs, thereby driving economic growth in the Kingdom and around the world. Despite uncertain, volatile market conditions, we continued to...

4 hour 11 minute

Concept Big Brands Carnival hosts Eid Shopping Fiesta

The Concept Big Brands Carnival - Eid Shopping Fiesta, UAE's largest fashion and beauty event launched its five-days shopping fiesta for the 60th time. The platform invites UAE's residents and tourists to visit and avail of discounts up to a staggering 75 per cent across an array of high-end global brands. The event is being held from August 15 to 19 at Sheikh Maktoum Hall, Dubai World Trade Centre, with free entry to everyone from 10am to 10pm. As part of the mega promotion, everyone visiting CBBC have the opportunity to take advantage of these mega reductions across a range...
4 hour 13 minute

Mobily and Ericsson demonstrate 5G in Jeddah

JEDDAH — Mobily, the Saudi telecom operator, has joined forces with Ericsson to show 5G capabilities in a demo held at the Mall of Arabia in Jeddah, in the western region of Saudi Arabia. Ericsson supplied a standalone end-to-end 5G system including a prototype 3.5GHz radio, baseband and prototype UE device to support Mobily’s 5G demo. During the event, Mobily and Ericsson showcased 5G throughput, targeting speeds up to 1Gbps. The demo is part of Mobily’s plan to highlight the benefits that 5G will bring for both consumers and industries across Saudi Arabia. On the consumer front, 5G will deliver...
4 hour 24 minute

HUD brings complaint against Facebook for allowing housing discrimination on platform

Fixes description of the legal action HUD brought against Facebook. The Department of Housing and Urban Development brought a complaint against Facebook FB, -0.52% for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination. Facebook enables advertises to display ads either only to men or women, not show ads to Facebook users interested in an "assistance dog," "mobility scooter," "accessibility" or "deaf culture"; not show ads to users whom Facebook categorizes as interested in "child care" or "parenting," or show ads only to users with children above a...