Commodity Prices
Brent Oil
66.35
Barrel
Crude Oil
55.75
Barrel
Gold
1,320.98
Ounce
Platinum
804.50
Ounce
Silver
15.78
Ounce
Currency Converter
UAE Dirham
UAE Dirham
US Dollar
US Dollar
Saudi Riyal
Saudi Riyal
Egyptian Pound
Egyptian Pound
Euro
Euro
Prayers
Fajr
05:31
Monday
18
February 2019
Fajr
Fajr
05:31
Sunrise
Sunrise
06:50
Dhuhr
Dhuhr
12:36
Asr
Asr
15:52
Maghrib
Maghrib
18:22
Isha
Isha
19:52
Markets
DFMGI ADI
2,549.93 0.64%
Volume
112,180,021
Turnover
0.64%
Trades
2,456
15
Up
3
Flat
15
Down
Traded stocks 33
5,069.07 0.65%
Volume
48,452,466
Turnover
0.65%
Trades
1,338
18
Up
2
Flat
3
Down
Traded stocks 23
Most active
Gainers Losers Turnover Volume
National Marine Dredging
3.85
AAN
0.23
Al Qudra
0.77
Methaq
0.71
Shuaa
0.72
Aman
0.44
Ithmaar Holding
0.29
Salama
0.44
Emaar
4.18
Etisalat
16.94
Aldar Properties
1.71
GFH
0.93
GFH
0.93
Aldar Properties
1.71
Emaar
4.18
UPP
0.36
Trade war may cost China 700,000 jobs: JP Morgan - Dotemirates
Emirates Business - Dotemirates
Emirates Business
5 month 1 week

Trade war may cost China 700,000 jobs: JP Morgan

Bloomberg The tariff battle with the US will probably cost China 700,000 jobs, or more in the event of further escalation.The job losses would come if the US imposes 25 percent tariffs on $200 billion in Chinese exports and China retaliates by devaluing its currency by 5 percent and adding to levies on US goods, according to economists led by Haibin Zhu at JPMorgan Chase & Co. If China doesn’t retaliate at all, 3 million people could lose their jobs, they wrote in a research note on Tuesday.Things may get even worse: if the US imposes 25 percent tariffs on...

Read from source
More about

UAE News

WAM
2 month 2 week

Sheikha Fatima receives Princess Reema bint Bandar bin Sultan Al Saud

ABU DHABI, 4th December, 2018 (WAM) -- H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, received today in Qasr Al Bahr 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. Sheikha Fatima welcomed Princess Reema, expressing her happiness with her visit to her second home, the UAE, and praising the strong historic brotherly relations connecting the UAE and Kingdom of Saudi Arabia, KSA....
UAE
Emirates Business
2 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...
UAE
Emirates Business
2 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...
UAE
Emirates Business
2 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...
UAE
Emirates Business
2 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...
UAE
Emirates Business
2 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...
UAE