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05:16
Wednesday
21
November 2018

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Markets

2,756.69 0.24%
Volume
73,776,661
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0.24%
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1,610
13
Up
9
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9
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Traded stocks 31
4,970.88 -0.40%
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33,865,653
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-0.40%
Trades
1,904
8
Up
4
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13
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Traded stocks 25
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ADNH
3.44
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1.47
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1.17
GGICO
0.21
RAK Cement
0.61
Al Madina
0.27
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0.42
GMPC
1.9
FAB
14.34
Etisalat
16.94
Emaar
4.78
Arabtec Holding
2.27
Salama
0.63
UPP
0.61
Al Salam Bank
0.88
Arabtec Holding
2.27
2 month 1 week

Why Filipinos again voted Emirates as ‘preferred airline’

Emirates has again won the "Preferred Airline of the Year by Filipinos". The airline has been crowned for the second consecutive year based on reader feedback and online public voting at The Filipino Times Awards 2018. The accolade recognises Emirates' commitment to offering the Filipino community, one of the fastest growing segments in the UAE, world-class excellence in the services and products that it provides on ground and in the air. The red carpet ceremony included key leaders from over 200 brands, as well as members of the Filipino business community and the Philippine Ambassador to the UAE, Hjayceelyn Quintana. ...


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Business News

9 minute 3 second

Yes, women will achieve full equality in Congress — about the time they’ll ride jet packs to Capitol Hill

A record number of women ran for elected office in 2018, and yet the female lawmakers who will finally, presumably tip the balance to full gender equality in Congress haven’t been born yet. Not even close. The U.S. is at least three generations away from gender balance on Capitol Hill, by some measures, even as women make up 50.8% of the roughly 325 million people counted in the U.S. Census. Torsten Sløk, New York–based chief international economist with Deutsche Bank Securities, charts the recent trend of a growing number of women seeking office, along with the share of women in...
34 minute 35 second

How much does a float in Macy's Thanksgiving Day Parade cost?

A holiday tradition, the 92nd annual Macy's Thanksgiving Day Parade will be held the morning of Thanksgiving, Nov. 22. Known for its larger-than-life parade float ideas, the world-famous procession kicks off at 9 a.m. sharp in New York City.Creating a truly fantastic parade float is never cheap or easy, but you won't believe the preparations that go into this annual event. Find out how much each float costs and other expenses associated with this spectacular Thanksgiving Day traditionTotal costs for the Macy's parade average between $11.6 million and $13.4 million Annual costs for parade float supplies, float decorations, property taxes...
1 hour 22 minute

MMEC Mannesmann opens regional headquarters in Abu Dhabi

MMEC Mannesmann GmbH (MMEC), a global leader in engineering, procurement and construction (EPC), has announced the opening of its branch office in Abu Dhabi that will function as a regional headquarters to meet the growing demand for speciality services in oil and gas, chemicals, metals and mining and renewables sectors in the Middle East region. The German engineering contractor is known for executing complex projects (upstream and downstream) for oil and gas and chemical and petrochemical industries, covering the entire cycle from early project development, feasibility studies, including hydraulic and case studies, conceptual and basic design, front-end engineering design up...

1 hour 59 minute

Oil and gas 4.0 will transform our business, benefit people: ADNOC CEO

Artificial Intelligence, Big Data and the Blockchain are shaping Oil and Gas 4.0, which Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, believes will make the oil and gas sector more efficient, more productive and create greater value. "At the core of Oil and Gas 4.0 is a basic truth," Dr Al Jaber said. "While advances in technology are impacting every industry, it is time to really focus on how it can evolve the oil and gas industry. The oil and gas industry must think differently, embrace disruption and step out of its comfort zone....
2 hour 35 minute

Extra Energy collapse is the sixth this year

Another small energy supplier - Extra Energy - has ceased trading, the company has announced.It is the sixth energy supplier to go out of business since the start of the year.The company had attracted just 108,000 domestic customers and 21,000 business customers.However the regulator, Ofgem, assured customers affected that their energy supplies will continue as normal, and any credit balances will be protected.In due course a new supplier will be appointed by Ofgem, and customers will be transferred directly. "If you are an Extra Energy customer, under our safety net, we will make sure your energy supplies are secure," said...
2 hour 36 minute

Crescent Petrolem, Dana Gas hike gas output in Kurdish field

Dana Gas and its partner Crescent Petroleum have increased production capacity of the Khor Mor field in the Kurdistan region of Iraq by 30 per cent.The two companies jointly operate the field on behalf of Pearl Petroleum.The expansion at the Khor Mor gas processing plant consisted of a series of plant additions and modifications to de-bottleneck throughput, raising output capacity from 305 MMscfd of natural gas to 400 MMscfd, with over 15,000 barrels per day of condensate. The plant, which began operating in 2008, supplies natural gas from the Khor Mor field by pipeline to power plants in the towns...