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Asr
15:42
Thursday
20
September 2018

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04:47
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Markets

2,764.38 0.86%
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236,766,479
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0.86%
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2,880
26
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3
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4,883.42 -0.01%
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10
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Elaf
0.22
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7.25
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4.9
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8.5
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0.33
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4.95
Pepsi
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4.9
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0.19
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0.19
Mousil
0.17
Capital
0.26
Al Mansour Bank
0.62
Abu Dhabi exchange to launch futures trading - Dotemirates

Abu Dhabi exchange to launch futures trading

Bloomberg Abu Dhabi’s stock exchange is joining a race to introduce derivatives as Gulf bourses including Kuwait and Saudi Arabia put strategies in place to lure more investors.The Abu Dhabi Securities Exchange (ADX) plans to enable trading of futures contracts on single stocks in 2019, and they may eventually be available for the benchmark ADX General Index, Chief Executive Officer Rashed Al Blooshi said in an interview, without specifying any starting dates.Saudi Arabia’s stock exchange, the biggest in the Middle East, announced last week that it will introduce index-futures trading next year, with the contracts and options on single stocks...


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UAE News

6 minute 5 second

Sheikh Mohammad announces promotions for these employees

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has decreed promotions for 4,910 individuals working in Dubai Police. .@HHShkMohd issues a decision to promote 4,910 officers & other members of @DubaiPoliceHQ. #Dubai - Dubai Media Office (@DXBMediaOffice) September 20, 2018 ???? ?? ???? ???? ?????? ?????? (4910) ?? ?????? ????? ???? ???????? ?? ???? ???? ???? ?????? ????? (4769) ?????? ??? (96) ?????? ?????? (45) ?????? (10) ?? ?????????. - Dubai Media Office (@DXBMediaOffice) September 20, 2018 The decree includes promotions for 4,769 persons, amending status of 96,...
1 hour 57 minute

Qatar Airways posts $69m annual loss

Qatar Airways posts $69m annual loss Reuters Wednesday 19 September 2018 Qatar Airways reported on Tuesday a QAR252m ($69m) loss for the financial year ending March 31, citing a regional political dispute that has seen it banned from four Arab countries. Saudi Arabia, the UAE, Egypt, and Bahrain have banned Qatar Airways since June 2017 as part of a dispute they have with the government of Qatar. “This turbulent year has inevitably had an impact on our financial results,” Qatar Airways CEO Akbar al-Baker said in a statement. The airline, which restated its year-earlier profit to QAR2.8bn, said it carried...
2 hour 2 minute

12 exciting things to do in UAE this weekend

How to make the most of your Thursday, Friday and Saturday. Khaleej Times recommends... Saudi Day In celebration of the upcoming Saudi National Day, La Me  is set to host a one-of-a-kind firework display that will illuminate the sky set to one or two enchanting tunes. This will take place on Sunday at 8.30pm and, over the weekend, enjoy Saudi dance performances at the destination. Show Street at La Mer will also transform into a live supercar gallery showcasing some of Dubai's most fascinating luxury rides. Saudi driver? If you're from Saudi, a woman and you drive, there's a great...

5 hour 2 second

UAE weather: Should you plan a day out this weekend?

The weather from Thursday until Monday is expected to be fair to partly cloudy at times during the day, with the relative humidity is likely to increase during night. The highest temperature today will hover between 33 to 44°C over the coastal areas and 35 to 45°C over the internal areas. The relative humidity will increase by night and early morning. The highest temperature recorded over the country on Wednesday was 45°C in Barakah at 3:00pm while lowest temperature recorded today morning was 21.3 °C in Damtha at 5:30am, the weather office said. pic.twitter.com/u6hUje4Lwq - ?????? ?????? ??????? (@NCMS_media) September...
5 hour 43 minute

See why 2022 just got interesting in Abu Dhabi

The International Triathlon Union (ITU) has announced that the emirate will host the ITU Grand Final in 2022, which will mark the first time that the event has been held in the Middle East. Expected to attract more than 5,000 international triathletes over five days, the event is the pinnacle of the sport’s season and sees the World Champions named across both elite and amateur categories. Abu Dhabi has been the host for the season opening race of the ITU World Triathlon series every year since 2014, but the 2022 season closer will be the first Grand Final to be...
6 hour 14 minute

Capital sets massive new targets for progress

Announced on Twitter by HH Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi, the Ghadan 21 plan is a three-year initiative to accelerate development in four key sectors, with AED 20 billion allocated for next year. “The aim of Ghadan 21 is to enhance the competitiveness of Abu Dhabi, based on four main tenets: business and investment, society, knowledge and innovation, and lifestyle,” the crown prince tweeted. “The first phase includes over 50 initiatives that reflect the priorities of citizens, residents and investors. “We have commissioned the launch of the [first] phase of Ghadan 21 with the...