Commodity Prices

Brent Oil
60.99
Barrel
Crude Oil
52.58
Barrel
Gold
1,282.60
Ounce
Platinum
794.00
Ounce
Silver
15.34
Ounce
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Prayers

Fajr
05:41
Thursday
24
January 2019

Fajr
Fajr
05:41
Sunrise
Sunrise
07:03
Dhuhr
Dhuhr
12:34
Asr
Asr
15:40
Maghrib
Maghrib
18:06
Isha
Isha
19:36
Markets

2,517.00 0.93%
Volume
82,352,412
Turnover
0.93%
Trades
2,427
18
Up
4
Flat
10
Down
Traded stocks 32
4,970.81 0.30%
Volume
31,684,331
Turnover
0.30%
Trades
1,414
7
Up
10
Flat
6
Down
Traded stocks 23
Most active
Dar Al Takaful
0.49
IHC
0.88
Damac
1.2
GGICO
0.17
Methaq
0.67
Amanat
1.08
RAK Properties
0.46
Ekttitab
0.24
Etisalat
16.88
Emaar
4.13
FAB
14.52
DIB
5.12
UPP
0.4
Emaar Malls
1.57
Emaar
4.13
Aldar Properties
1.52

UAE


1 month 2 week

ADGM concludes first phase of industry e-KYC utility project

ABU DHABI / WAM The Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in the capital of the UAE, successfully concluded the first phase of the industry electronic-Know-Your-Customer (e-KYC) utility project.The Financial Services Regulatory Authority (FSRA) of ADGM, in collaboration with its project advisor KPMG has published a high-level summary of the project scope and the key insights for the benefit of the financial industry.The e-KYC project, launched in March 2018, was an FSRA-led collaboration with a consortium of the UAE’s major financial institutions including Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Al Ansari Exchange, Al Fardan...
1 month 2 week

Dubai Chamber promotes emirate at Russia forum

DUBAI / WAM The Dubai Chamber of Commerce and Industry participated in a seminar organised as part of the Interregional Export Forum in Perm, Russia, where participants were briefed on the various competitive advantages that Dubai offers to Russian exporters, companies and investors.During the forum, Sanan Nasibli, Head of Dubai Chamber’s Azerbaijan office, delivered a detailed presentation titled “Doing Business in the UAE”, which outlined the main benefits for businesses operating in the UAE and trading with the country, including its strategic geographic location, 100 percent foreign ownership, world-class logistics infrastructure, and attractive free zones.In addition, he highlighted the top...
1 month 2 week

Sharjah Chamber boosts relations with Italian firms

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) held discussions with a delegation from Lombardy in Italy on opportunities to enhance economic and trade relations between the investment companies and institutions that operate in Sharjah and their counterparts in Italy, and reviewed ways to support partnerships between the two sides in various economic sectors and fields.The two sides discussed a number of issues that are of common interest to both sides, including the prospect of organising joint events in the future that can help contribute in developing cooperation between Sharjah and Assolombarda, and to enhance awareness on...

1 month 2 week

Mohamed expresses pride in UAE diplomacy, passport ranking

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Tuesday, the UAE Passport Power team from the Ministry of Foreign Affairs and International Cooperation (MOFAIC), in the presence of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation.Sheikh Mohamed bin Zayed praised the team’s efforts and roles played to strengthen the UAE passport and its status as the world’s most powerful passport, under the guidance and support of Sheikh Abdullah bin Zayed.“With the UAE passport attaining...
1 month 2 week

Aramco awards key well services contract to BHGE

Dammam / Emirates Business Saudi Aramco has awarded a major simulation and well-testing contract to Baker Hughes — a GE company — to be a partner in optimising production from new and existing wells across conventional fields in Saudi Arabia.Demonstrating the strength and breadth of its expertise and portfolio of oilfield services, BHGE will deliver a comprehensive well services solutions including all cased-hole wireline logging, perforation, well testing, stimulation, fracturing and associated intervention services. By integrating discrete products, services and capabilities into a single offering, BHGE will help Saudi Aramco reduce time, costs and complexity while increasing efficiency.The three-year contract...
1 month 2 week

Mohamed bin Zayed visits Ali Saeed Al Niyadi

ABU DHABI, 4th December, 2018 (WAM) -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has visited Ali Saeed Al Niyadi, at his residence in Al Ain. Al Nadi welcomed His Highness Sheikh Mohamed bin Zayed and expressed his family's happiness about the visit which emphasises his abiding interest in communicating with Emiratis. His Highness Sheikh Mohamed, Al Niyadi and the audience exchanged cordial talks on the strong relations between the leadership and the UAE citizens and enhanced the approach instilled by the late Sheikh Zayed...

1 month 2 week

UAE Chief of Staff of Armed Forces visits EDEX 2018 in Cairo

CAIRO, 4th December, 2018 (WAM) -- Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the Armed Forces and his delegation visited the first international exhibition EDEX 2018 (Egypt Defence Expo) in Cairo. Al Rumaithi toured a number of pavilions of companies participating in the exhibition and met with numerous representatives of countries and exhibitors. He held discussions about their exhibits and was briefed about the latest systems and innovations in the defence industries currently on display at the exhibition. Lt. General Al Rumaithi also toured the UAE national pavilion in which 17 specialised national companies in the...
1 month 2 week

As part of vision of Khalifa bin Zayed, Mohamed bin Zayed approves development projects in Al Dhafra

ABU DHABI, 4th December, 2018 (WAM) -- In realisation of the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, approved a series of development projects valued at over AED3.86 billion. The projects, which aim to improve local housing, education and health services and provide work opportunities for the residents of Al Dhafra, are being monitored by H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra...
1 month 2 week

Mohamed bin Zayed receives Princess Reema bint Bandar Al Saud

ABU DHABI, 4th December, 2018 (WAM) -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday, received the visiting HRH Princess Reema bint Bandar Al-Saud, Vice-President for Planning and Development General Sports Authority of Saudi Arabia, and President of the Saudi Federation for Community Sports to attend the Special Olympics World Games that started today in Abu Dhabi. They discussed the strong fraternal relations between the two countries and peoples. They also tackled ways of developing cooperation and coordination in the community sports sector through...

1 month 2 week

Labour disputes decrease by 42% in Abu Dhabi this year

Labour disputes in Abu Dhabi have decreased by 42 per cent this year compared to the previous year, according to authorities. The latest figures released on Tuesday by the Abu Dhabi Judicial Department (ADJD) have shown that the number of complaints and labour cases handled by the Abu Dhabi public prosecution have dropped to 9,979 cases in 2018 from 16,897 cases in 2017. The significant decrease is attributed to the increased awareness among workers about their rights, duties and obligations guaranteed by the UAE laws. The judicial authorities said that the number of workers who participated in the awareness campaigns...
1 month 2 week

Emirati space mission likely to get a new date

The first Emirati astronaut will be heading to space in 2019. However, it is unlikely to happen on the originally scheduled date of April 5 due to the launch failure of the Soyuz MS-10 mission two months ago. It was announced by Nasa on Monday that astronaut Nick Hague, who was the commander on the aborted mission, will be heading off to the International Space Station (ISS) on February 28 onboard the Soyuz MS-12 spacecraft - a mission that was originally scheduled for April 5 and would have had a UAE astronaut, another Nasa commander and cosmonaut on the flight....
1 month 2 week

Mirdif: A serene desert to a buzzing suburb

Taking winter walks and making memories with close friends and family are enough to make a place memorable. And, when you get all you need in  one place, it ensures a good living. That makes Mirdif a unique place in Dubai. Located 20 minutes away from Sharjah and adjacent to Dubai International Airport, Mirdif has been considered convenient for residents and visitors alike, given its shopping, education and entertainment facilities that cater to varied interests. The residents enjoy comfortable apartments and villas that are quite affordable, and the buzzing urban area is now a popular destination for the local and...