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899.35
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15.01
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Prayers

Asr
15:49
Tuesday
23
April 2019

Fajr
Fajr
04:27
Sunrise
Sunrise
05:50
Dhuhr
Dhuhr
12:20
Asr
Asr
15:49
Maghrib
Maghrib
18:51
Isha
Isha
20:21
Markets

2,811.09 -0.35%
Volume
165,562,360
Turnover
-0.35%
Trades
2,928
14
Up
3
Flat
18
Down
Traded stocks 35
5,404.53 0.34%
Volume
55,104,649
Turnover
0.34%
Trades
1,222
7
Up
4
Flat
13
Down
Traded stocks 24
Most active
Al Salam
0.49
Takaful Emarat
1.55
Taqa
0.88
Ajman Bank
0.91
AXA Green Crescent
0.45
Al Salam Bank
1.12
Aman
0.48
Agthia
3.85
DIB
5.21
FAB
16.8
Emaar
4.91
Air Arabia
1.03
Air Arabia
1.03
GFH
1.05
DIB
5.21
UPP
0.41
Five-day weather forecast - Dotemirates
13/03/2019

Five-day weather forecast

ABU DHABI, 12th March, 2019 (WAM) -- The National Center of Meteorology (NCM) forecasts weather to be humid and cloudy in general, with fog formation at times over the coming five days. Following is a detailed weather forecast issued by the NCM today for the coming five days: Wednesday: Humid in the morning over some internal areas, becoming fair to partly cloudy at times. Wind: Light to moderate northwesterly to northeasterly winds, with a speed of 15 – 25, reaching 35 km/h over the sea. Sea: Moderate in the Arabian Gulf and slight to moderate in Oman Sea. Thursday: Humid...


More about

UAE News

14/04/2019

12.6% of Dubai schoolkids overweight, says DHA

Dubai's health policy for schools is pushing students to adopt a healthier lifestyle, after a comprehensive screening conducted on private schools found that 12.6 per cent of pupils were overweight. Schoolkids are urged to eat more portions of fruits and vegetables and exercise more. Conducted by the Dubai Health Authority's (DHA) Public Health Protection Department for the year 2017-2018, the screening covered 280,000 students - from kindergarten to Grade 12 - in Dubai private schools. The screening found that 8.8 per cent of the students were obese and 0.7 per cent were 'morbidly obese'. Meanwhile, 5.3 per cent of the...

Etihad selects IBS software to transform operational efficiency

ABU DHABI / Emirates Business Etihad Airways, the national airline of the UAE, and IBS Software (IBS), a leading provider of new generation IT travel solutions, have signed a contract to enhance the airline’s operations. This will be done by implementing IBS’ iFlight NEO Ops and iFlight NEO HUB systems as the core technological solutions that will help increase on-time performance, improve operational efficiency, maintain network integrity and enhance hub connectivity.Under the contract, Etihad Airways will use IBS solutions to automate the monitoring and management of guests and baggage journeys, especially when the journey involves a connection through the airline’s...

Dana Gas nets $39m receipts from Pearl Petroleum in Q1

SHARJAH / WAM Dana Gas has announced that during Q1 2019, Pearl Petroleum received $112 million (AED411 million) from the sale of condensate, liquefied petroleum gas, and gas in the Kurdistan Region of Iraq (KRI).Dana Gas is a 35 percent shareholder in Pearl Petroleum and its share of such receipts by Pearl Petroleum is $39 million. This presents 117 percent increase compared to the company’s Q1 2018 share of collections which stood at $18 million. As of today, Pearl Petroleum has no overdue receivables in the KRI.Dr Patrick Allman-Ward, CEO of Dana Gas, said, “We have had a very positive...

Dubai theme parks to generate $5bn annual revenue by 2020

DUBAI / Emirates Business Eminent speakers across the Middle East’s entertainment and retail industry will converge at the 5th edition of Theme Parks & Entertainment Development Forum to highlight the UAE’s tremendous growth in the sectors and discuss the way forward.The two-day event will kick off on April 16 at The Meydan Hotel, Dubai, and will focus on the upcoming projects in the multi-billion dollar theme parks and entertainment industry.The UAE theme park visitor spending is set to grow six-fold from $105 million in 2016 to $637 million by 2020 as the country opens several new parks as it chases...

FAB foreign ownership limit hike lifts Abu Dhabi stocks

Bloomberg Stocks in Abu Dhabi are poised to reach their highest since September 2014 after the main gauge’s largest constituent First Abu Dhabi Bank (FAB) PJSC implemented a decision to raise its foreign ownership limit.The lender’s shares gained as much as 4.8 percent on Sunday, the most in a month. The increased cap for foreigners could trigger passive inflows of about $730 million from investors tracking MSCI Inc. and FTSE Russell benchmarks by June, according to estimates by Mohamad Al Hajj, an equities strategist at EFG-Hermes in Dubai.“FAB’s weight in the MSCI Emerging Markets index will increase from about 21...

UAE, Korea renew AED20bn currency swap agreement

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) and Bank of Korea (BOK) renewed their bilateral currency swap agreement (BCSA), which was originally signed in October 2013 at a value of $5.4 billion, reaffirming their commitment towards promoting trade and financial cooperation between the two countries.The agreement, which contributed significantly to development of economic and financial markets, will continue to allow exchange of local currencies of up to AED20 billion equivalent to 6.1 trillion Korean won. The effective period of the facility will be over a period of three years commencing April 13, 2019, and be extended...