Commodity Prices

Brent Oil
78.58
Barrel
Crude Oil
70.17
Barrel
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1,206.90
Ounce
Platinum
833.30
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Silver
14.31
Ounce
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Prayers

Dhuhr
12:15
Friday
21
September 2018

Fajr
Fajr
04:47
Sunrise
Sunrise
06:06
Dhuhr
Dhuhr
12:15
Asr
Asr
15:42
Maghrib
Maghrib
18:24
Isha
Isha
19:54
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
1 week 1 day

Why operational issues need quick remedial action

Finance can do two things to help the business remediate performance issues in a timely manner: One, establish quicker buy-in around the fact that the issue needs to be remediated, and two, remove resource constraints to enable the business to act more quickly.Establish quicker buy-inFinance needs to validate for the business the real nature of the performance issue. Seventy-nine per cent of finance teams and 73 per cent of business leaders agree there is too much back and forth between the two in identifying a material issue. This must be avoided.There are three major opportunities to reduce the back and...


More about

Business News

13 minute 25 second

Perth Christmas retail shopping hours scaled back, prompting business criticism

By Jacob Kagi Perth shoppers will have fewer hours to complete their Christmas gift-buying in store this year after the WA Government scaled back extended retail trading hours over the festive period.In a move blasted by the WA Chamber of Commerce and Industry (CCI) as "anti-jobs", the Government has reduced extended Christmas trading this year from 49 to 34 additional hours.The biggest change is with morning weekday trading in early December, with shops last year having been allowed to open at 7:00am Monday to Friday from December 5.This year, 7:00am weekday trading will not commence until December 17.Shops also will...
19 minute 50 second

Miners to launch new class actions against labour hire firms WorkPac, Programmed, HAYS and One Key

By Lorna Knowles, ABC Investigations The mining industry is facing four new class actions alleging that more than 25,000 workers were not paid their proper entitlement, worth up to $325 million.The new class actions are being brought against the labour hire firms WorkPac, Programmed, HAYS and One Key, which provide services to big mining companies in NSW and Queensland.The workers were hired to provide labour for companies including BHP, Glencore, Anglo and Yancoal.Principal of Adero law firm, Rory Markham, told the ABC he was finalising registrations for the class actions tomorrow.Mr Markham said the workers would allege the companies were...
25 minute 19 second

Weaker exports weigh on Eurozone business output in September

Mubasher: Flash estimates for the Eurozone showed that business activity grew at the second weakest since the end of 2016 momentum in September. The flash IHS Makit Eurozone purchasing managers’ index (PMI), gauging output, registered 54.2 in September down from 54.5 in August, which marked the second weakest growth since November 2016 after last May, data released on Friday showed. This was primarily attributed to the waning export orders for the first time in more than five years. New order inflows were the weakest since October 2016, while uncompleted orders rose at the slowest pace since September 2016. The slowdown...

30 minute 27 second

Supply concerns boost oil, but Trump lower prices demand weighs

Mubasher: Oil prices edged up earlier on Friday as worries persisted over short supplies that would be caused by looming US sanctions against Iran’s crude shipments, but US President Donald Trump call for lower prices kept a lid. By 6:47 am GMT, US Nymex crude went up 0.10% to $70.39 per barrel (pb) from their earlier session, as international benchmark Brent crude rose 0.33% to $78.96 pb. By 8:06 am GMT, Nymex futures edged up 0.11% to $70.40 pb, while Brent crude futures climbed 0.24% to $78.89 pb. Members of the Organization of the Petroleum Exporting Countries (OPEC) and its...
50 minute 34 second

Swiggy expands services in 8 new cities

New Delhi: Food delivery platform Swiggy on Thursday said it has launched services in eight new cities as it strengthens presence across the country. The new cities are Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana, Swiggy said in a statement. The company has partnered with over 1,200 restaurants in these cities, it added. Commenting on the development, Swiggy COO Vivek Sunder said, "Expanding to these eight new markets is very important to us". Over the years, Swiggy has played an instrumental role in making food ordering and delivery more accessible, reliable and convenient for consumers across the country,...
57 minute 35 second

Reliance permanently shuts down MA oil field in KG-D6 block

New Delhi: Reliance Industries on Friday said it has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil. Reliance Industries (RIL) had till date made 19 oil and gas discoveries in the Krishna Godavari basin. Of these, D26 or MA -- the only oil discovery in the block -- was the first field to began production in September 2008. Dhirubhai-1 and 3 (D1 and D3) fields went onstream in April 2009. "This is to inform that MA (D26) field in Block KG-DWN-98/3 (KGD6), which is being operated by RIL as an operator...