Commodity Prices

Brent Oil
78.67
Barrel
Crude Oil
70.69
Barrel
Gold
1,206.90
Ounce
Platinum
833.30
Ounce
Silver
14.31
Ounce
Currency Converter
UAE Dirham
UAE Dirham
US Dollar
US Dollar
Saudi Riyal
Saudi Riyal
Egyptian Pound
Egyptian Pound
Euro
Euro
Prayers

Maghrib
18:23
Saturday
22
September 2018

Fajr
Fajr
04:48
Sunrise
Sunrise
06:07
Dhuhr
Dhuhr
12:15
Asr
Asr
15:41
Maghrib
Maghrib
18:23
Isha
Isha
19:53
Markets

2,764.38 0.86%
Volume
236,766,479
Turnover
0.86%
Trades
2,880
26
Up
3
Flat
6
Down
Traded stocks 35
4,883.42 -0.01%
Volume
103,054,247
Turnover
-0.01%
Trades
1,501
9
Up
4
Flat
12
Down
Traded stocks 25
Most active
Elaf
0.22
Siyaha
7.25
Bithor
4.9
Tasweeq
8.5
Al Mansour Bank
0.62
Khaleeg
0.19
Credit
0.44
Ameen
0.33
Lohom
4.95
Pepsi
3.59
Bithor
4.9
Khaleeg
0.19
Khaleeg
0.19
Mousil
0.17
Capital
0.26
Al Mansour Bank
0.62
US crude stockpiles drop beyond forecasts; oil prices surge - Dotemirates
1 week 2 day

US crude stockpiles drop beyond forecasts; oil prices surge

Mubasher: US crude oil inventories dropped by 5.3 million barrels to 396.2 million barrels in the week ended 7 September, official data by the Energy Information Administration (EIA) showed. This came well above an expected decline of 2.7 million barrels, according to a poll by S&P Global Platts. However, this was lower than the projected 8.6 million barrel-drop, projected in the industry data report released by the American Petroleum Institute (API). Total motor gasoline stockpiles rose by 1.3 million barrels, while distillate fuel inventories climbed by 6.2 million barrels, the EIA said. US crude refinery inputs reached an average 17.9...


More about

Business News

1 hour 21 minute

Walmart India opens 22nd Cash and Carry store in India

Mumbai: Walmart India, the wholly-owned subsidiary of Walmart Inc, on Saturday announced the opening of its 22nd business-to-business Cash and Carry store in the country, making it the second Best Price Modern Wholesale store in Ludhiana and the sixth in Punjab. The new store simultaneously got integrated with the B2B e-commerce platform, making it the 22nd Best Price store to go online, a release said here. "I am very excited about opening the 22nd Cash and Carry store in India. It reiterates our commitment to India and our growth plans. Setting up a second store in Ludhiana and sixth one...
2 hour 58 minute

Highly Anticipated Global Village VIP Pack Sales Start Saturday, 29th September 2018

Dubai - MENA Herald: Global Village, the world’s leading multicultural festival park and the region’s first family destination for culture, shopping and entertainment, has announced that its highly sought after VIP Packs sales for its 23rd season will start Saturday, 29th September 2018. They will be sold daily from 9 am to 6 pm until the allocated quantity of more than 4,000 packs run out. VIP Packs for the upcoming season offer a value greater than ever before and guests can take advantage of them throughout the season, which starts on 30th October 2018 and lasts until 7th April 2019....
3 hour 27 minute

Petrol prices could fall by £1.50 a tank, says the AA

Petrol prices could fall by as much as 3p a litre as a result of falling wholesale prices and a potential supermarket price war, the AA has said.The price of both petrol and diesel is currently at a four-year high, after 11 consecutive weekly price increases.Average petrol prices hit 130.6p a litre this week, while average diesel prices rose to 134.6p a litre.The AA said it was now a question of "how quickly" supermarket forecourts passed on lower costs to drivers.The motoring organisation - which offers advice to drivers - said falling wholesale costs had in the past triggered a...

4 hour 4 minute

Gold slumps Rs 250 on weak global cues, low demand

New Delhi: Gold prices plunged by Rs 250 to Rs 31,450 per 10 grams at the bullion market here on Saturday, tracking a weak trend overseas amid easing demand from local jewellers. However, silver hardened by Rs 70 to Rs 38,150 per kg on scattered enquiries from industrial units and coin makers. Marketmen said sentiment turned bearish after gold prices fell in global markets as the dollar firmed on persistent concerns about an escalating trade war between the US and China. Globally, gold fell 0.68 per cent to USD 1,198.70 an ounce and silver 0.38 per cent to USD 14.25...
4 hour 8 minute

Lotus showroom opens in Dubai

Lotus Cars has shown its commitment to the UAE with the official opening of the brand-new Lotus showroom in Dubai. The Lotus Dubai facility on Sheikh Zayed Road is the result of a partnership with Adamas Motors and offers new and existing customers the opportunity to experience the famous brand first hand in the heart of Dubai. Officially opened by Marcus Blake, commercial director of Group Lotus and Majid Saif Al Ghurair, chairman of the Dubai Chamber of Commerce and Industry, the ceremony included esteemed guests and senior management from across the Lotus operations. The new 5,000 square feet Lotus...
4 hour 18 minute

World Bank vice president arrives in Dhaka on Sunday

Monday’s visit is the first since Schafer took up the post in July.“Bangladesh has a remarkable story of cutting extreme poverty to half in record time. Other countries can learn from Bangladesh’s many development innovations and successes. I look forward to meet our partners and see first-hand the country’s journey to economic growth,” said Schafer.“Despite its own challenges, Bangladesh has shown great generosity by sheltering nearly one million Rohingya people. The World Bank is working closely with the government to help address the needs of the Rohingya until their safe return to Myanmar and help build the country’s capacity to...