Commodity Prices

Brent Oil
66.19
Barrel
Crude Oil
56.23
Barrel
Gold
1,211.00
Ounce
Platinum
832.00
Ounce
Silver
14.12
Ounce
Currency Converter
UAE Dirham
UAE Dirham
US Dollar
US Dollar
Saudi Riyal
Saudi Riyal
Egyptian Pound
Egyptian Pound
Euro
Euro
Prayers

Maghrib
17:40
Thursday
15
November 2018

Fajr
Fajr
05:12
Sunrise
Sunrise
06:33
Dhuhr
Dhuhr
12:07
Asr
Asr
15:14
Maghrib
Maghrib
17:40
Isha
Isha
19:10
Markets

2,778.76 0.09%
Volume
78,038,369
Turnover
0.09%
Trades
1,457
11
Up
6
Flat
15
Down
Traded stocks 32
5,055.46 0.68%
Volume
45,827,592
Turnover
0.68%
Trades
2,005
12
Up
5
Flat
11
Down
Traded stocks 28
Most active
ADA
3.3
EIC
6.9
Al Salam Bank
1.46
BILDCO
0.48
National Marine Dredging
3
ADNH
2.9
GGICO
0.21
DXB Entertainments
0.33
FAB
14.8
Etisalat
17.1
ADIB
4.05
Emaar
4.9
UPP
0.62
FAB
14.8
Salama
0.69
ADIB
4.05
UAE developer launches Sharjah’s first smart homes in Dhs24bn project Aljada - Dotemirates
2 month 4 day

UAE developer launches Sharjah’s first smart homes in Dhs24bn project Aljada

UAE developer Arada has announced that it will be developing smart homes as part of its Dhs24bn megaproject in Sharjah, Aljada. Smart technologies will be incorporated into every unit in the luxury Misk Apartments buildings, it said in a statement. The Arada Smart Home system will allow buyers access to features such as remote front-door access, 24-hour video security through their mobile phones, the ability to change temperature and lighting, and manage utilities. Homeowners will also be able to enable motion sensors within their apartments, and open and close blinds and curtains with a button. Each of these features can...


More about

Business News

ADNOC reveals new integrated gas strategy

The Abu Dhabi National Oil Company (ADNOC) hosted a Gas, Refining and Petrochemicals Forum during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), presenting details of its recently announced gas strategy and its plans to further develop its refining and petrochemicals’ resources and create new downstream growth opportunities. ADNOC provided further details of how its new integrated gas strategy, recently approved by Abu Dhabi’s Supreme Petroleum Council (SPC), will drive the development and delivery of new gas resources to enable the UAE to achieve gas self-sufficiency, with the ultimate goal of becoming a net gas exporter. At its meeting,...
4 minute 41 second

Cost of imported goods climb 0.5% in October

WASHINGTON (MarketWatch) - The import price index in October rose by 0.5%. Rising gas prices was a big contributor. Excluding fuel, prices of imported goods rose a smaller 0.2%, the government said Thursday. The increase in import prices over the past 12 months moved up to 3.5% from 3.1%. If fuel is omitted, the increase in import prices over the past year was a milder 0.7%. Earlier this week the government said the U.S. consumer price index climbed 0.3% in October, with higher gas prices accounting for more than one-third of the increase. Yet oil prices have tumbled globally, likely...
7 minute 18 second

Saudi’s flyadeal aims to decide on 30-jet order by month-end

Saudi’s flyadeal aims to decide on 30-jet order by month-end Reuters Wednesday 14 November 2018 Saudi Arabian budget airline flyadeal aims to decide whether to order Airbus or Boeing narrow-body jets by the end of this month, its chief executive said on Wednesday. Flyadeal, a subsidiary of state-owned Saudi Arabian Airlines, had been due to decide on the order for 30 Airbus A320neos or Boeing 737 MAXs in the second quarter but held off to further assess the performance of the revamped models. “We want some evidence because we’re committing a huge chunk of capital,” Con Korfiatis told Reuters at...

7 minute 40 second

U.S. retail sales surge in October after first back-to-back declines in five years

The numbers: Sales at U.S. retailers surged in October after the first back-to-back declines in more than five years, though most of the money was spent on gas and new cars and trucks. Retail sales leaped 0.8% last month, the government said Thursday. Economists polled by MarketWatch had predicted a 0.6% increase. The increase follows small declines in September and August. The government initially said sales rose slightly in both of those months, but it revised the figures lower in its latest update. That could also result in the government trimming the initially estimated 3.5% growth in gross domestic product...
8 minute 31 second

Abu Dhabi’s Etihad, Bahrain’s Gulf Air sign cooperation deal

Abu Dhabi’s Etihad, Bahrain’s Gulf Air sign cooperation deal Robert Anderson Wednesday 14 November 2018 Bahrain’s Gulf Air and Abu Dhabi’s Etihad Airways said on Wednesday they would explore greater cooperation after signing an initial memorandum of understanding. The deal, signed at the Bahrain International Airshow covers codeshare flights between Abu Dhabi and Manama and other routes in both airlines’ global networks. Further cooperation could come in cargo traffic, maintenance, repair and engineering operations, guest experience and pilot training, the airlines said. While reciprocal frequent flier benefits are also being explored. “We look forward to the Etihad and Gulf Air...
8 minute 37 second

Mixed directions for Empire State, Philly Fed manufacturing indexes in November

The Empire State manufacturing index in November rose 2.2 points to 23.3 -- above the Econoday-compiled consensus for a 20 reading-- with sizable gains in the indexes for inventories and average workweek. The Philadelphia Fed manufacturing index however declined to a reading of 12.9 vs. 22.2. Economists polled by MarketWatch expected a reading of 20 for the Philly Fed index. Any reading above zero for these indices indicates improving conditions. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.