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Monday
19
November 2018

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2,779.07 0.01%
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Abu Dhabi exchange to launch futures trading - Dotemirates
2 month 1 week

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

11 minute 7 second

What to Expect from Dubai Real Estate Market in 2019

As we are closing out 2018, we will see a lot of commentary when it comes to reflecting on the past year. While continued property price declines was pronounced this year, we also saw continued government investment and a number of initiatives that were announced, all of which are aimed at generating sentiment and tangible returns. Looking forward to 2019, certain factors are important in understanding what we can expect. In line with 2018, 2019 will continue to see an increased amount of residential supply coming to completion. Property Finder research has found 19,881 residential units, comprising of apartments, villas...

MoFAIC Under-Secretary receives credentials of of Sierra Leone's Ambassador.

11/19/2018​Ahmed Sari Al Mazrouei, Under-Secretary at the Ministry of Foreign Affairs and International Cooperation, MoFAIC, has received a copy of the credentials of Rashid Sesay, the new Ambassador of Sierra Leone to the UAE.Al Mazrouei wished the ambassador success in carrying out his duties in boosting cooperation between the United Arab Emirates and Sierra Leone.The ambassador, in turn, expressed his pleasure at representing his country in the UAE, which, he said, enjoys a prestigious regional and international stature, thanks to the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
20 minute 18 second

2-year-old boy drinks drain cleaner in Dubai, survives

A two-year old boy was treated at Medcare Hospital in Dubai, after he had accidentally consumed household chemicals commonly used to unclog drains.Rashed was left with a deformed palate, upper and lower lip and severe adhesions within the oral cavity. He was admitted to Medcare hospital two months after receiving first aid at another medical facility. "A complex series of operations were undertaken to restore the child's upper, lower lip and the palate. Despite not receiving emergency surgery right around the time of the incident, the operation restored ability to speak and eat normally on the very first day after...

MoFAIC Under-Secretary receives credentials of Armenian Ambassador.

11/19/2018Ahmed Sari Al Mazrouei, Under-Secretary at the Ministry of Foreign Affairs and International Cooperation, MoFAIC, has received a copy of the credentials of Mher Mkrtumyan, the new ambassador of Armenia to the UAE.Al Mazrouei wished the ambassador success in carrying out his duties in strengthening cooperation between the United Arab Emirates and Armenia.The ambassador, in turn, expressed his pleasure at representing his country in the UAE, which, he said, enjoys a prestigious regional and international standing, thanks to the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
35 minute 46 second

Ninth annual Sir Bani Yas Forum concludes in Abu Dhabi

ABU DHABI, 19th November, 2018 (WAM) -- The ninth annual Sir Bani Yas Forum, organised by the Ministry of Foreign Affairs and International Cooperation in collaboration with the Washington-based Centre for Strategic and International Studies (CSIS), concluded yesterday at the Qasr Al Sarab resort in the Liwa Desert of Abu Dhabi. The annual high-level retreat is the initiative of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. The Forum, which ran from 16th to 18th November, brought together leading policy and opinion-makers to discuss vital issues relevant to peace and security in the Middle...

Abu Dhabi Crown Prince receives Pakistani Prime Minister.

11/19/2018​His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today received Imran Khan, Prime Minister of Pakistan, who is on an official visit to the country.Upon his arrival at the Presidential Palace in Abu Dhabi, the Pakistani Prime Minister was accorded an official reception where the Pakistani national anthem was played, and a 21-gun salute was fired in his honour. Khan and his accompanying delegation were also greeted by a number of Sheikhs and senior officials who welcomed his visit to the country.Amongst those welcoming the Pakistani...