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US dollar ends sharply lower at 72.19 against Rupee - Dotemirates
6 day 21 hour

US dollar ends sharply lower at 72.19 against Rupee

Mumbai: The US dollar ended sharply lower against the rupee at 72.18/19 per dollar and the pound sterling also finished lower at Rs 93.76/78 per pound at the close of the Interbank Foreign Exchange (forex) market here on Wednesday. Following are the Interbank forex and FBIL rates: (In Rs per unit) Unit Interbank FBIL Reference US Dollar 72.18/19 US Dollar 72.7549 Pound Sterling 93.76/78 EURO 84.3244 Euro 83.58/60 Japanese yen (100) 64.74/76. end-of


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31 minute 29 second

Qatar Airways announces $69 million revenue loss this year

DUBAI: Qatar Airways says it suffered a $69 million loss this year off revenue of $11.5 billion amid a boycott of Doha by four Arab nations.The carrier made the announcement in a statement Tuesday, over a year after the boycott saw Qatar Airways locked out the airspace of Bahrain, Egypt, Saudi Arabia and the United Arab Emirates.Qatar Airways also adjusted its profit in 2017 to $766 million off revenue of $10.7 billion.The airline's chief executive, Akbar al-Baker, said: "This turbulent year has inevitably had an impact on our financial results, which reflect the negative effect the illegal blockade has had...
33 minute 39 second

TheSocialMedwork reveals Aimovig is the most sought after drug in the Middle East

Dubai - MENA Herald: TheSocialMedwork has revealed Aimovig, the transformative migraine drug, is the most sought after medicine on their site from patients in the Middle East, with 657 people seeking information about this medicine in just 30 days from July 5th to August 5th. This is followed by Ocrevus (used to treat multiple sclerosis - 569 people), Spinraza (used to treat spinal muscular atrophy - 525 people), Venclexta (a medication used for the treatment of chronic lymphocytic leukemia - 273 people) and Radicut (used to treat amyotrophic lateral sclerosis, also known as motor neurone disease - 190 people). TheSocialMedwork...
35 minute 25 second

Saeed Mohammed Al Tayer reviews progress on 700MW 4th phase of Mohammed bin Rashid Al Maktoum Solar Park

Dubai - MENA Herald: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) visited the Mohammed bin Rashid Al Maktoum Solar Park to review the progress on its 700-megawatt (MW) fourth phase, the largest investment in a Concentrated Solar Power (CSP) project in the world. The solar park is one of the most important projects supporting the Dubai Clean Energy Strategy 2050 with a total capacity of 5,000 MW by 2030 and investments worth AED 50 billion. Through its projects, the park will contribute to accelerating Dubai’s shift towards solar energy. During the visit,...

35 minute 25 second

House prices rise fastest in North West

House prices in the North West rose the fastest in the UK compared with a year ago, according to official figures.Annual growth in property values in the region stood at 5.6% by July, the Office for National Statistics (ONS) said.The biggest fall was in London, where prices dropped by 0.7% year-on-year.However, the capital had the highest average house price of £484,926 - almost four times higher than the North East.The typical property price of £131,505 in the North East of England was up by 2.8% in the last year. The South West and West Midlands regions both experienced price hikes...
39 minute 21 second

United Nations Honours Mohammed bin Rashid Al Maktoum Knowledge Foundation as ‘Knowledge Partner’

Dubai - MENA Herald: The United Nations Development Program (UNDP) has honoured the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) as a “Knowledge Partner” on the sidelines of the General Assembly’s meeting in New York City. The UNDP sought to honour the Foundation to mark 10 years of close partnership, which resulted in several leading projects in the Arab region and the world. The ceremony was attended by MBRF’s CEO His Excellency Jamal bin Huwaireb, on behalf of His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the Foundation’s Chairman, in addition to H.E. Achim Steiner, UNDP Administrator;...
42 minute 47 second

ENEC Highlights Importance of International Cooperation and Capacity Development at the IAEA 62nd General Conference

Abu Dhabi - MENA Herald: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd  Annual Regular Session of the IAEA General Conference, taking place at the IAEA International Center in Vienna, Austria, from 17 to 21 September 2018. The ENEC delegation to the Conference is led by Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC. Eng. Mohamed Al Hammadi delivered a speech during the special event hosted by the UAE on the side-lines of the General Conference, in which he updated attending officials and representatives from IAEA member states on the status of the Barakah Nuclear Energy Plant...