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Dhuhr
12:19
Monday
27
May 2019

Fajr
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04:00
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05:30
Dhuhr
Dhuhr
12:19
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15:42
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Markets

2,581.80 -0.30%
Volume
74,129,876
Turnover
-0.30%
Trades
1,909
14
Up
2
Flat
18
Down
Traded stocks 34
4,774.75 -0.05%
Volume
19,826,560
Turnover
-0.05%
Trades
1,015
8
Up
6
Flat
4
Down
Traded stocks 18
Most active
KHCB
0.57
Shuaa
0.87
Agthia
3.45
Manazel
0.35
IFA
0.26
Arabtec Holding
1.44
Al Salam Bank
1.09
Ithmaar Holding
0.22
Emirates NBD
11.05
FAB
13.88
DIB
5.02
Damac
0.88
Damac
0.88
UPP
0.32
Dana Gas
0.95
GFH
0.91

#Middle East


26/05/2019

German business with Iran down sharply as US sanctions bite

A German business group says German companies' trade with Iran has declined sharply as the United States turns up the economic heat on Tehran. Volker Treier, the foreign trade chief of the Association of German Chambers of Commerce and Industry, told news agency dpa in comments published Sunday that German exports to Iran were down 50 percent in year-on-year terms in the first quarter, while Iranian exports to Germany dropped some 42 percent. Treier said that, of 120 German companies that were active in Iran, only 60 are still in the country. He said that "the U.S. sanctions affect economic...
26/05/2019

Israeli president shocked by German skullcap comment

Israel's president says he's shocked by a German official's comment that he wouldn't advise Jews to wear skullcaps in parts of the country, which is drawing mixed reactions at home. Felix Klein, the government's anti-Semitism commissioner, was quoted Saturday as saying: "I cannot recommend to Jews that they wear the skullcap at all times everywhere in Germany." He didn't elaborate on what places and times might be risky. Israeli President Reuven Rivlin said in a statement Sunday that the statement "shocked me deeply." He added: "We will never submit, will never lower our gaze and will never react to anti-Semitism...
26/05/2019

Iran's president says country could hold vote over nuke deal

Iran's president is suggesting the Islamic Republic could hold a public referendum over the country's nuclear program amid tensions with the United States. The state-run IRNA news agency reported Hassan Rouhani made the comment late on Saturday. Rouhani says he previously suggested a referendum to Supreme Leader Ayatollah Ali Khamenei in 2004, when he was a senior nuclear negotiator. Such a referendum could provide political cover for the Iranian government if it chooses to increase its enrichment of uranium, prohibited under the 2015 deal with world powers. President Donald Trump pulled the U.S. out of the deal last year. In...

25/05/2019

Sudanese protesters call for strike amid divisions with army

Sudan's protest leaders on Saturday issued a call for a two-day general strike next week in a bid to press the ruling military council to transfer power to a civilian-led authority. The Sudanese Professionals' Association, which spearheaded the protests that led the army to oust President Omar al-Bashir last month, set the nationwide strike for Tuesday and Wednesday. The SPA called on people to go to work but abstain from any activity, then head to various marches and sit-ins across the country. The protests will culminate in mass rallies on Thursday, the SPA said. It has threatened civil disobedience if...
24/05/2019

Supporters of Iraqi Shiite cleric hold sit-ins against war

Thousands of supporters of an Iraqi populist Shiite cleric held sit-ins around Iraq on Friday night, saying their country should not be a battlefield between the United States and Iran. The sit-ins come days after a rocket slammed into Baghdad's fortified Green Zone, landing less than a mile from the sprawling U.S. Embassy. No injuries were reported and no group claimed responsibility. Last week, the U.S. ordered the evacuation of nonessential diplomatic staff from Iraq amid unspecified threats from Iran. The White House has also sent warships and bombers to the Persian Gulf to counter the alleged Iranian threats. In...
23/05/2019

Wildfires sweep across Israel as heatwave grips region

Israeli police have ordered the evacuation of several communities in southern and central Israel as wildfires rage amid a major heatwave. Firefighters battled brushfires Thursday along the Gaza boundary, as well as near the country's main international airport and outside Jerusalem. A major Tel Aviv-Jerusalem highway was also closed to traffic because of the fire. Israel and the region are gripped by a major heatwave, with temperatures around the country reaching 100 F (38 C) and higher. It wasn't immediately clear whether the fires near the boundary with Gaza were caused by incendiary balloons launched from the Palestinian enclave. Gaza...

23/05/2019

Egypt frees Al-Jazeera journalist detained since 2016

An Egyptian court on Thursday ordered the release of an Al-Jazeera journalist who had been detained since 2016 on allegations of spreading false news and defaming Egypt's reputation. Mahmoud Hussein, an Egyptian journalist working for the Qatar-based satellite network, was detained at the Cairo airport in December 2016 when he arrived on a family vacation from Doha. No official charges were ever raised against him and Hussein didn't stand trial. "This case shows the misuse of pre-trial detention as a form of punishment in Egypt," said Gamal Eid, executive director of the Arabic Network for Human Rights Information. He said...
23/05/2019

10 Things to Know for Today

Your daily look at late breaking news, upcoming events and the stories that will be talked about today: 1. 'VIOLENT TORNADO' TOUCHES DOWN IN MISSOURI CAPITAL The twister wreaks heavy damage in Jefferson City as severe weather sweeps across the state, causing three deaths and leaving many people trapped in the wreckage of their homes. 2. WHAT TRUMP TOLD TOP DEMOCRATS The president bristles over accusations of a cover-up and says he won't work with Democratic lawmakers as long as they investigate him and his administration. 3. EUROPEANS OPEN PARLIAMENTARY VOTING Dutch and British citizens head to the polls, starting...
22/05/2019

Libya's Hifter tells Macron no cease-fire without negotiator

Libyan commander Khalifa Hifter said in a meeting on Wednesday with French President Emmanuel Macron that he cannot work toward a cease-fire because he has no one with whom to negotiate. Hifter opened a military offensive on the Libyan capital of Tripoli in early April despite commitments to move toward elections in the North African country. Libya is divided between Hifter, whose self-styled Libyan National Army controls the east and much of the south, and Libyan Prime Minister Fayez Sarraj, who runs the U.N.-supported but weak government in Tripoli. During a more than hour-long closed door meeting, Macron asked Hifter...

22/05/2019

Key US official on Mideast peace addresses Security Council

A key architect of the long-awaited U.S. plan for Israeli-Palestinian peace warned Wednesday that "nothing can be meaningfully fixed" until Gaza's Hamas rulers and Palestinian Islamic Jihad renounce their vows to destroy Israel and stop carrying out violent acts. Jason Greenblatt, President Donald Trump's special envoy for international negotiations, said the first step to Palestinian safety and security is for the Security Council "to admit that Hamas and Palestinian Islamic Jihad are the primary barrier to the dreams of those residents of Gaza who want to live in peace, raise their families and find meaningful work." "When will the Security...
22/05/2019

Tunisia frees United Nations expert suspected of espionage

Tunisia has freed a United Nations expert monitoring sanctions against neighboring Libya who was held for nearly two months on suspicion of espionage. The U.N. office in Tunis confirmed Wednesday that Moncef Kartas was released Tuesday on a provisional basis pending further investigation and is doing "relatively well." Tunisian anti-terrorism officials have questioned Kartas' use of a special phone to track air traffic, and said the case concerns his personal activities and not his work for the U.N. Tunis-based U.N. coordinator Diego Zorrilla told The Associated Press that Kartas' activities were connected to his U.N. mandate. He said Kartas should...
22/05/2019

Editor looks to top court acquittal over Erdogan 'insult'

The editor of a Turkish Cypriot newspaper says he believes the supreme court in the breakaway north of ethnically divided Cyprus will again find him not guilty of insulting Turkish President Recep Tayyip Erdogan should prosecutors appeal a lower court ruling that acquitted him. Afrika newspaper editor Sener Levent told The Associated Press Wednesday that Turkey isn't satisfied with his acquittal amid reports prosecutors are looking to file an appeal. He called last week's ruling the "biggest legal achievement" by Turkish Cypriots since Cyprus was divided in 1974 when Turkey invaded after a coup by supporters of union with Greece....