Commodity Prices

Brent Oil
78.84
Barrel
Crude Oil
69.73
Barrel
Gold
1,198.70
Ounce
Platinum
814.22
Ounce
Silver
14.17
Ounce
Currency Converter
UAE Dirham
UAE Dirham
US Dollar
US Dollar
Saudi Riyal
Saudi Riyal
Egyptian Pound
Egyptian Pound
Euro
Euro
Prayers

Dhuhr
12:16
Wednesday
19
September 2018

Fajr
Fajr
04:47
Sunrise
Sunrise
06:06
Dhuhr
Dhuhr
12:16
Asr
Asr
15:43
Maghrib
Maghrib
18:26
Isha
Isha
19:56
Markets

2,736.42 -0.24%
Volume
83,774,236
Turnover
-0.24%
Trades
944
9
Up
6
Flat
16
Down
Traded stocks 31
4,865.34 -0.23%
Volume
6,490,741
Turnover
-0.23%
Trades
375
4
Up
7
Flat
6
Down
Traded stocks 17
Most active
RAK Ceramics
2.39
Tabreed
1.61
Julphar
2.2
Gulf Navigation
0.88
Al Madina
0.28
Invest Bank
1.92
Aman
0.6
Al Salam
0.48
Deyaar
0.45
Drake & Scull
0.4
Etisalat
15.92
GFH
1.37
Deyaar
0.45
Drake & Scull
0.4
Salama
0.63
DFM
0.92
JPMorgan CEO Jamie Dimon on Trump: My wealth no "gift from daddy" - Dotemirates
6 day 15 hour

JPMorgan CEO Jamie Dimon on Trump: My wealth no "gift from daddy"

JPMorgan Chase CEO Jamie Dimon said he could beat President Trump in a presidential election, before back-pedaling as his comments drew media attention."I think I could beat Trump," Dimon said early Wednesday during an event at his bank's New York headquarters, according to media accounts. "I'm as tough as he is, I'm smarter than he is. I would be fine. He could punch me all he wants, it wouldn't work with me. I'd fight right back."Dimon also took aim at Trump's wealth, saying of himself: "This wealthy New Yorker actually earned his money. It wasn't a gift from daddy."The executive...


More about

Business News

11 minute 39 second

UK inflation grows to 2.7% in August

Mubasher: The UK’s consumer price index (CPI), the measure of inflation, showed 12-month inflation rate of 2.7% in August, up from 2.5% in July. The country's CPI including owner-occupiers’ housing costs reached 2.4% last month, from 2.3% in July, data released by the Office for National Statistics (ONS) showed on Wednesday. The CPI rise was attributed to the increase in prices of recreational and cultural goods and services, transport services, and clothing. The largest downward contribution to the change of inflation came from furniture and household goods segment along with the telecommunications segment. Transport continued to make the largest upward...
11 minute 58 second

New passenger terminal at Oman’s Duqm airport begins operations

New passenger terminal at Oman’s Duqm airport begins operations Robert Anderson Monday 17 September 2018 The new passenger terminal at Oman’s Duqm International Airport has received its first after beginning operations on Monday. Terminal B officially began commercial operations at 1:30pm. An Oman Air service from Muscat, WY935, was the first flight to arrive at 2:30pm. Following this, the first flight to depart will be return service WY936 at 5:00pm, the Ministry of Transport and Communications said. A video posted on Twitter showed WY935 being greeted with a water canon salute upon arrival. وصول أولى الرحلات إلى مبنى المسافرين الجديد...
15 minute 1 second

World economy on the verge of 'major reset' –Emirates’ President

Mubasher: The new US administration's newest policies may lead the global economy to a “mini” financial crisis, Emirates’ president Tim Clark has said. The ongoing trade war between China and the US could lead to a "major reset" in the coming two or three years, he told Bloomberg. “We have some extraordinary geopolitical forces at play,” Clark noted during an aviation event. The aviation sector is now marked by tough competition, which forced US carriers to reduce the number of their routes to China and caused Chinese airlines to complain about state subsidies paid to foreign aviation companies. Commenting on...

15 minute 54 second

Uber continues talks to buy Dubai’s Careem – report

Uber continues talks to buy Dubai’s Careem – report Staff Writer Tuesday 18 September 2018 Ride hailing firm Uber is continuing talks to buy Dubai-based rival Careem in a deal that could value the firm at $2-2.5bn, according to reports. Bloomberg cited sources as confirming negotiations had continued after talks were first reported by the news service in July. Read: Uber in talks with Dubai’s Careem to merge in Middle East – report Careem’s management is said to be working to convince shareholders of the merits of the deal, although no final decision has been made. “We believe the consumer...
16 minute 54 second

Japan's C.bank maintains optimistic view on economy

Mubasher: Japan’s central bank kept its monetary policy steady on Wednesday, maintaining its optimistic view on the country’s economy, even as escalating global trade frictions clouded the outlook, according to official data. The Bank of Japan (BOJ) maintained its short-term interest rate target at -0.1% and a pledge to guide the government’s ten-year bond yields around 0%. BOJ also left unchanged a new forward guidance, which was adopted in July, that pledges to keep interest rates very low for an extended period. The decision to maintain BOJ’s interest rate targets was made by a 7-2 vote with board members Goushi...
23 minute 32 second

Platinum jewellery in the spotlight at the “70th Primetime Emmy Awards”

The traditional 70th anniversary gift is platinum, so it was no surprise to see spectacular jewelry set in platinum glistening on the red carpet at tonight’s “70th Annual Primetime Emmy Awards.” From Heidi Klum’s statement necklace to Chrissy Teigen’s drop earrings and Jessica Biel’s diamond cluster bracelet, the world’s biggest television stars accentuated their custom couture gowns with ultra-glamorous and sophisticated platinum jewelry. Drop earrings set in platinum were also a noticeable trend at the show, as seen on Emmy winner Rachel Brosnahan, Mandy Moore, and Claire Foy. Platinum Guild International is pleased to share that leading red carpet jewelry...