Commodity Prices

Brent Oil
64.18
Barrel
Crude Oil
57.09
Barrel
Gold
1,416.34
Ounce
Platinum
854.75
Ounce
Silver
16.33
Ounce
Currency Converter
UAE Dirham
UAE Dirham
US Dollar
US Dollar
Saudi Riyal
Saudi Riyal
Egyptian Pound
Egyptian Pound
Euro
Euro
Prayers

Dhuhr
12:29
Wednesday
24
July 2019

Fajr
Fajr
04:13
Sunrise
Sunrise
05:43
Dhuhr
Dhuhr
12:29
Asr
Asr
15:53
Maghrib
Maghrib
19:14
Isha
Isha
20:44
Markets

2,832.53 2.08%
Volume
273,671,030
Turnover
2.08%
Trades
4,148
21
Up
6
Flat
7
Down
Traded stocks 34
5,343.86 0.85%
Volume
106,890,373
Turnover
0.85%
Trades
2,814
12
Up
6
Flat
8
Down
Traded stocks 26
Most active
IHC
1.8
Aldar Properties
2.31
Al Salam
0.49
Air Arabia
1.12
Taqa
0.74
Methaq
0.64
Sudatel
0.38
Ekttitab
0.19
ADCB
8.95
Emaar
5.15
DIB
5.25
Aldar Properties
2.31
UPP
0.36
Aldar Properties
2.31
DXB Entertainments
0.21
Air Arabia
1.12

#Middle East


21/07/2019

The Latest: Egypt aviation minister upset by paused flights

The Latest on suspended flights to Egypt (all times local): 11:50 p.m. Egypt's minister of civil aviation says he's frustrated that British Airways suspended flights to Cairo without consulting Egyptian authorities. Egyptian Lt. General Younes Elmasry and British Ambassador to Egypt Sir Geoffrey Adams said Sunday they would work together to resolve the situation as soon as possible. Adams apologized for not informing Egyptian authorities before British Airways announced it was suspending flights to and from Egypt for a week. The U.S. warned citizens Friday about traveling to Egypt, saying terrorist groups including ISIS committed multiple deadly attacks. British authorities...
21/07/2019

Lufthansa resumes flights to Cairo after safety pause

Lufthansa has resumed flying to Cairo following a one-day suspension due to safety concerns. The German airline's website shows LH582 took off from Frankfurt after an almost two-hour delay and was expected to arrive in Egypt's capital later Sunday. On Saturday, British Airways announced the suspension of its flights to and from Cairo for seven days for unspecified reasons related to security. British Airways attributed its cancellations to what it called its constant review of security arrangements at all airports, calling them "a precaution to allow for further assessment." Lufthansa said it was suspending its flights as a precaution, mentioning...
21/07/2019

UK navy heard in audio trying to thwart Iran ship seizure

In an audio recording released Sunday, a British naval officer can be heard saying the transit of a British-flagged vessel through the Strait of Hormuz must not be impaired under international law as Iranian naval forces warn the vessel to change course. Interested in Iran? Add Iran as an interest to stay up to date on the latest Iran news, video, and analysis from ABC News. Iran Add Interest The audio, released by maritime security risk firm Dryad Global, shows how the British navy was unable to prevent the ship's seizure by Iranian Revolutionary Guard forces on Friday. The seizure...

20/07/2019

Officials: BA suspending flights from London for 2 days

Egyptian officials say Cairo's international airport has been notified by British Airways that the airline is suspending flights to and from London for two days. Airport officials say the decision came after British official conducted regular security checks earlier this week at the airport. There were no additional details. The officials said all other airlines were operating as usual at the airport. They spoke on condition of anonymity because they were not authorized to brief reporters. British media outlets reported the airline was canceling flights to the Egyptian capital for seven days.
20/07/2019

Gulf tanker incidents may raise shippers' costs, cut traffic

Recent seizures and attacks aimed at oil tankers in the Strait of Hormuz will raise insurance rates for shipping companies and, if unchecked, reduce tanker traffic in the vital waterway, according to energy experts. Iran on Friday seized a British-flagged oil tanker and a second Liberian-flagged ship was briefly detained. The events occurred in a passageway that carries one-fifth of the world's crude exports. "If this kind of problem continues, you might see people start to shy away from the (Persian) Gulf or try to reflag — not be a British tanker," said energy economist Michael Lynch. The near-term impact...
20/07/2019

The Latest: Senior UK MP: Military strike on Iran 'unwise'

The Latest on developments related to tensions between the U.S and Iran (all times local): 12:55 p.m. The chairman of Britain's House of Commons Foreign Affairs Committee says military action to free the oil tanker seized by Iran would not be a good choice. Tom Tugendhat said Saturday it would be "extremely unwise" to seek a military solution to the escalating crisis, especially because the vessel has apparently been taken to a well-protected port. "If it has been taken to Bandar Abbas then that's an important Iranian military port and I think any military options will therefore be extremely unwise,"...

20/07/2019

Iran says British tanker seized because of collision

Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, the country's state-run IRNA news agency said Saturday. The British tanker reportedly caused damage to the fishing boat, then didn't respond to calls from the smaller craft. The fishing boat informed Iran's Ports and Maritime Organization, which notified the Revolutionary Guard. IRNA reported that the Revolutionary Guard vessels directed the Stena Impero to an Iranian port for an investigation Friday. Iran's attempt to offer a "technical" explanation for seizing the tanker could signal a possible de-escalation of tensions in the strategic Strait...
19/07/2019

Tripoli parliament warns of airstrikes by Hifter's allies

Libya's parliament based in the west says it has gathered intelligence warning of the use of possible airstrikes on Tripoli by allies of commander Khalifa Hifter, who launched a military offensive in April to capture the capital from the U.N.-backed government. The Tripoli-based High Council of State issued a statement Thursday warning that France, Egypt and the United Arab Emirates were planning to "get more involved" in backing Hifter's self-style Libyan National Army, which has "failed to achieve any progress." The statement also warned that they would use "specific weapons" without identifying their types. The parliament did not reveal details...
19/07/2019

The Latest: Iran says all its drones safely returned to base

The Latest on developments related to tensions between the U.S and Iran (all times local): 11:40 a.m. An Iranian news agency is reporting that the country's armed forces say all Iranian drones in the Persian Gulf returned safely to their bases. The report comes after President Donald Trump on Thursday said an American warship, the USS Boxer, took defensive action after an Iranian drone came within 1,000 yards of the warship and ignored multiple calls to stand down. The semi-official Tasnim news agency quoted military spokesman Gen. Abolfazl Shekari as saying on Friday that "all Iranian drones that are in...

18/07/2019

Argentina acts against Hezbollah, blamed for terror attacks

Argentina's government on Thursday branded Hezbollah a terrorist organization and froze its assets, 25 years to the day after a bombing blamed on the Lebanese-based group destroyed a Jewish community center in Argentina's capital, killing 85 people. The nation's Financial Information Unit took the action a day after President Mauricio Macri's government created a list of terrorist organizations to help coordinate actions with other nations and as the nation held memorial services for victims of the attack, for which no one has been convicted. The unit noted that Hezbollah has been accused of responsibility for a 1992 attack on the...
18/07/2019

The Latest: Greece: 10 arrested over migrants medical fraud

The Latest on migration flows to Europe (all times local): 9:20 p.m. A doctor, two medical staff members, and a translator have been arrested at a state-run camp for migrants and refugees in Greece, accused of issuing medical notes for non-existent conditions to exempt migrants from deportation. The alleged criminal operation occurred on Samos, one of five Greek islands where movement of asylum seekers is restricted. The suspects, who face charges of fraud, bribery, breach of duty, and membership of criminal organization, allegedly charged 300-500 euros ($335-560) for the medical notes that would allow migrants to travel to the Greek...
18/07/2019

Scuffles near Lebanon parliament before vote on budget

Dozens of protesters scuffled with Lebanese security forces guarding the country's parliament Thursday just as lawmakers were meeting ahead of a final vote on a controversial austerity budget. The protesters, most of them army veterans, were pushed back and moved down the road, where they burned tires and blocked traffic in the already heavily cordoned off area outside parliament. The protesters had been camped outside parliament for three days when the draft bill returned to the 128-member parliament and members began their final discussion on whether to ratify the bill. After the protests, the parliament speaker adjourned the evening session...