Commodity Prices

Brent Oil
60.99
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52.58
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1,282.60
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794.00
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15.34
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Prayers

Fajr
05:41
Thursday
24
January 2019

Fajr
Fajr
05:41
Sunrise
Sunrise
07:03
Dhuhr
Dhuhr
12:34
Asr
Asr
15:40
Maghrib
Maghrib
18:06
Isha
Isha
19:36
Markets

2,517.00 0.93%
Volume
82,352,412
Turnover
0.93%
Trades
2,427
18
Up
4
Flat
10
Down
Traded stocks 32
4,970.81 0.30%
Volume
31,684,331
Turnover
0.30%
Trades
1,414
7
Up
10
Flat
6
Down
Traded stocks 23
Most active
Dar Al Takaful
0.49
IHC
0.88
Damac
1.2
GGICO
0.17
Methaq
0.67
Amanat
1.08
RAK Properties
0.46
Ekttitab
0.24
Etisalat
16.88
Emaar
4.13
FAB
14.52
DIB
5.12
UPP
0.4
Emaar Malls
1.57
Emaar
4.13
Aldar Properties
1.52

#Business


1 month 2 week

Here’s what’s closed for former President George H.W. Bush’s funeral on Wednesday

Last Updated Dec 4, 2018 5:04 PM EST Wednesday will be an effective federal holiday as the nation mourns the death of former President George H.W. Bush. President Donald Trump declared it a National Day of Mourning, meaning that nearly all federal workers would be excused from work and their agencies would be closed.The former president will be given a state funeral Wednesday at the National Cathedral in Washington, D.C. After the ceremony, his body will be moved to Texas, where he will be buried at his presidential library. Mr. Bush died on Friday evening at the age of 94.National...
1 month 2 week

Marriott breach sparks multibillion-dollar suits, with more to come

Two class-action lawsuits already have been filed against Marriott after the hotel chain revealed a massive breach of its systems that compromised 500 million customers. One of the suits is seeking billions in damages. And many more are on the way, according to industry experts.Lawyers in Oregon filed a class-action lawsuit Friday on behalf of David Johnson, a lawyer, and Chris Harris, a business owner. Johnson had noticed unauthorized purchases on his credit card recently and believes it was due to the hack, according to Michael Fuller, an attorney for the plaintiffs. (Harris reportedly had to replace a credit card...
1 month 2 week

Wall St plunges on fears of economic slowdown and US-China trade uncertainty

By business reporter David Chau, wires Wall Street suffered its biggest plunge since the October sell-off — over lingering concerns about the trade war, and the bond market signalling a potential economic slowdown.Investors have doubts about what was actually agreed between the United States and China when they struck a 90-day truce at the G20 summit over the weekend.While US President Donald Trump boasted about "an incredible deal", China has said very little.A lack of detail from Beijing left investors wondering if Mr Trump's exuberance was warranted.The White House said China would start buying farm products from US farmers "immediately",...

1 month 2 week

Timing of auto tariffs depends on talks: US official

WASHINGTON: US Commerce Secretary Wilbur Ross said on Tuesday that possible tariffs on automakers are aimed at pushing companies to make more cars and other vehicles in the United States and the timing of any duties would depend on the success of ongoing negotiations.“It’s a very, very important component of the European situation,” Ross told CNBC in an interview. “If we don’t fix the auto and auto part trade deficit and the Chinese trade deficit, we’re not going to get anywhere.” “The timing of this whole thing will largely be driven by what happens in negotiations,” Ross said. “China, we...
1 month 2 week

Faraday Future is reportedly putting at least 250 employees on unpaid leave

Faraday Future's planned FF91 electric SUV. The electric vehicle startup Faraday Future has put at least 250 employees on furlough, The Verge reports. The automaker has reportedly decreased its US workforce from around 1,000 employees as of October to under 350. Faraday confirmed that it has put additional employees on furlough in a statement to Business Insider, but the automaker did not disclose the number of employees that were affected.  The automaker has struggled to build its planned FF91 electric SUV amid financial concerns. The electric vehicle startup Faraday Future has put at least 250 employees on furlough, The Verge...
1 month 2 week

Instacart shoppers say that customers' orders are likely delayed because of frustration with the company's new payment system

Instacart relies on "shoppers" to deliver orders. Instacart, a grocery delivery company that relies on contract workers called "shoppers" to pick out and transport items to customers, announced at the beginning of November that it would be rolling out a new payment structure for those shoppers.  Hundreds of shoppers are complaining online that the changes have resulted in cuts to their earnings. Many are also calling for a boycott of the company. Shoppers say the new payment system is causing some delays for customers as workers reject more jobs and encourage others to boycott the company. An executive at Instacart...

1 month 2 week

Kedarnath to give 2.0 a run for its money

Thanks to the presence of debutante Sara Ali Khan and a powerful provocative inter-religious love story as its plot, Kedarnath is all set to get an impressive opening this Friday. Sources in the know say the beleaguered project that was embroiled in a producers’ conflict has shaped into a love-during-the-time-of-cataclysm tale of epic proportions. The producer, RSVP and director Abhishek Kapoor are expecting a heartening opening in spite of Rajinikanth and Akshay Kumar’s stronghold over the box office with 2.0 which opened last Friday. A still from 2.0 A source from a leading multiplex chain says they expect a sizeable...
1 month 2 week

Nicole 'Snooki' Polizzi opens up The Snooki Shop

The town of Madison, New Jersey, is getting a dose of the "Jersey Shore" with the opening of The Snooki Shop: a fashion boutique created and owned by none other than MTV reality TV star Nicole "Snooki" Polizzi. “I always wanted to do my own store, I just never had the time," Polizzi, 31, told ABC News. "I love clothes so I thought just opening my own store would be a dream come true.” View this post on Instagram A post shared by Nicole "Snooki" Polizzi (@snooki) on Oct 13, 2018 at 8:44am PDT “I made sure the prices were...
1 month 2 week

Japan's final pager provider to end its service in 2019

Media playback is unsupported on your device Media captionRetro tech: When the pager was king Japan's last pager provider has announced it will end its service in September 2019 - bringing a national end to telecommunication beepers, 50 years after their introduction.Around 1,500 users remain subscribed to Tokyo Telemessage, which has not made the devices in 20 years. Hospital workers favour them as they do not emit electromagnetic waves, the Japan Times reports. The once-popular devices are able to receive and show wireless messages.Users would then find a phone to call the sender back. Developed in the 1950s and 1960s,...

1 month 2 week

Are you a victim of 'clean plate' syndrome?

(HealthDay)—If your belly is full from a delicious holiday feast but there's one more sweet left on the dessert tray, will you hold back or yield to temptation? New research suggests that you'll give in, driven by a widely shared attitude towards that prompts you to "clean the plate," even if you're not really still hungry. It's a form of "consumption closure," nutritionists say. But over time it makes keeping the waistline trim an uphill battle. "The concept of a clean plate has many roots," noted Connie Diekman, director of university nutrition at Washington University in St. Louis. "The starving...
1 month 2 week

Want to Be A Hacker? Go to Dallas.

A man named Tinker clutches an HDMI cable as he bumps through the crowd milling in front of the stage at Family Karaoke, a joint on Dallas’s east side. A former Marine, Tinker has a solid but not overly muscled frame. Less weight lifter than baseball infielder. He has a voice that belongs on a live-fire exercise. It booms, even over the thrump of the techno blasting from two speaker towers on the stage.“Okay, what’s the first rule of this place?” he asks the crowd before answering his own question: “Don’t hack the venue!” This is the monthly meeting of...
1 month 2 week

RBA keeps rate at record low

SYDNEY: Australia’s central bank (CB) kept rate at record low on Tuesday and took an optimistic view on domestic activity ahead of data that is likely to show the economy grew more than 3 per cent last quarter.In a widely expected decision, the Reserve Bank of Australia (RBA) held its cash rate at 1.50 per cent, having last eased in August 2016 as policy makers await a revival in growth and inflation. “The Australian economy is performing well,” RBA governor Philip Lowe said in a statement, while predicting a further fall in unemployment.Yet as consumer prices remain subdued - a...