Commodity Prices

Brent Oil
61.92
Barrel
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53.12
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Gold
1,230.26
Ounce
Platinum
804.29
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Silver
14.35
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Prayers

Asr
15:16
Saturday
15
December 2018

Fajr
Fajr
05:30
Sunrise
Sunrise
06:54
Dhuhr
Dhuhr
12:17
Asr
Asr
15:16
Maghrib
Maghrib
17:40
Isha
Isha
19:10
Markets

2,675.87 0.27%
Volume
142,188,944
Turnover
0.27%
Trades
3,520
16
Up
7
Flat
11
Down
Traded stocks 34
4,898.15 2.68%
Volume
101,628,473
Turnover
2.68%
Trades
2,829
16
Up
3
Flat
10
Down
Traded stocks 29
Most active
BBK
0.44
NBF
3.91
BILDCO
0.47
RAK Cement
0.65
CBI
0.66
Amlak Finance
0.38
Dubai Investments
1.29
IHC
1.09
FAB
14.1
Etisalat
17.18
Emaar
4.58
Dubai Investments
1.29
FAB
14.1
Dubai Investments
1.29
Gulf Navigation
1.08
Emaar
4.58

Gulf Today


1 week 3 day

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 week 3 day

SEDD issues 7th annual report for 2017

SHARJAH: The Sharjah Economic Development Department, SEDD, has issued its seventh annual report for 2017, which highlighted its efforts throughout the year.The report included the services, activities, initiatives and policies implemented by the department in the context of its economic vision to achieve economic well-being in the emirate at the local and federal levels.This edition is a development version of previous publications, during which the department was keen to provide details of the economic planning and strategic performance for 2017 at the level of the department and the emirate.Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, stated that the report...
1 week 3 day

Sharjah Chamber discusses trade ties with Italian delegation

SHARJAH: The Sharjah Chamber of Commerce and Industry, SCCI, held discussions with a delegation from Lombardy in Italy on opportunities to enhance economic and trade relations between the investment companies and institutions that operate in Sharjah and their counterparts in Italy, and reviewed ways to support partnerships between the two sides in various economic sectors and fields.The meeting, recently held at the chamber’s headquarters, was attended by Mohamed Ahmed Amin, Acting Director-General of the SCCI; Pietro Sala, Director of Institutional Affairs and External and International Relations at Assolombarda; and Alessandra Salina Amorini, Head of International Relations and Expo Dubai 2020...

1 week 3 day

Stocks retreat as trade truce doubts return

London: Deflating hopes of a swift resolution to the Sino-US trade war knocked world stocks off a three-week high on Tuesday, while recession warning lights in US bond markets weighed on the dollar.Optimism over a rapprochement between US President Donald Trump and China’s Xi Jinping at the weekend G20 meeting was replaced by scepticism and left Wall Street braced for another day in the red.Adding to market jitters was an inversion of the short end of the US yield curve in bond markets, which historically has signalled a US recession.Asian markets had seen Japan’s Nikkei close 2.4 per cent lower...
1 week 3 day

Israel discovers Hizbollah tunnels

OCCUPIED JERUSALEM: Israel’s army said on Tuesday it has discovered Hizbollah tunnels infiltrating its territory from Lebanon and launched an operation to destroy them, a move likely to raise tensions with the Iran-backed group.The surprise announcement came hours after Israeli Prime Minister Benjamin Netanyahu met with US Secretary of State Mike Pompeo in Brussels over regional dangers, with both having repeatedly warned about the activities of Iran, Israel’s main enemy.Netanyahu said he discussed the operation with Pompeo and called the tunnels a violation of a UN truce resolution that ended a 2006 war between Israel and the militant group Hizbollah.“Whoever...
1 week 3 day

Parents of US journalist missing in Syria appeal to US, Syria

BEIRUT: The parents of an American journalist kidnapped in Syria six years ago appealed on Tuesday for the United States and Syria to work together to find their son and said they had applied for Syrian visas to lobby there for his release.Austin Tice was 31 years old when he was detained in August 2012 at a checkpoint while reporting in Damascus on the uprising against Syrian President Bashar Al Assad.He has not been heard from publicly since a video posted online weeks after he disappeared showed him in the custody of armed men, though both Washington and his parents...

1 week 3 day

Yemen rebels head to Sweden for key peace talks

SANAA: A rebel delegation flew out of the Yemeni capital on Tuesday accompanied by a UN peace envoy, heading for high-stakes talks in Sweden with the government aimed at ending the country’s devastating war.The departure of the Houthi insurgents on a Kuwaiti plane followed a prisoner swap deal and the evacuation of 50 wounded rebels for treatment in Oman in a major boost to peace efforts.The delegation for the first peace talks since 2016 was accompanied by UN envoy Martin Griffiths, an airport source said.A government team, headed by Foreign Minister Khaled Al Yamani, was expected in Sweden on Wednesday.Mohammed...
1 week 3 day

Over 150 women, girls raped in S.Sudan: UN

UNITED NATIONS: More than 150 women and girls have come forward in the past 12 days to seek help in South Sudan after they were raped or suffered other forms of sexual violence, the heads of three UN agencies said on Monday.Armed men, many in uniform, carried out the attacks near the northern city of Bentiu, according to a joint statement from Henrietta Fore, who heads the UN children’s agency Unicef, UN aid chief Mark Lowcock and the director of the UN Population Fund, Natalia Kanem.The three agencies condemned “these abhorrent attacks” and called on South Sudan authorities to ensure...
1 week 3 day

15 migrants die in boat off Libya: Survivor

MISRATA: Fifteen migrants have died in a boat off the Libyan coast after spending 12 days at sea without food or water, an Egyptian survivor said on Tuesday.Only 10 migrants from the capsized boat survived, all of whom were suffering from severe dehydration, Othman Belbeisi, head of the UN migration agency IOM in Libya, said on Twitter.The owner of a beach chalet found the migrants washing up on the shore near the city of Misrata and called authorities, who brought them to the Red Crescent relief service and hospitals, residents said.“We were 25 migrants on a boat... We set off...

1 week 3 day

Serena to make second appearance at MWTC

ABU DHABI: Flash Entertainment, has announced 23-time Grand Slam champion and inspirational figure, Serena Williams, has been added to the star-studded line-up for this year’s Mubadala World Tennis Championship (MWTC), which will take place from Dec.27-29, 2018.The tennis superstar will be joining her sister, Venus Williams, in the women’s side of the 11th edition of the Championship – with lucky fans having the chance to see the siblings battle it out in the UAE capital in addition to all the entertainment in store for the family on Day One of the Championship. What’s more, in order to get more young...
1 week 3 day

UAE’s Saleh keeps lead at Arab Individual Chess C’ship

DUBAI: GM Salem AR Saleh of the UAE beat GM Hicham Hamdouchi of Morocco in the seventh round to pull away with 6 points in the Arab Individual Chess Championship at the Dubai Chess Club in Dubai.Salem used the Queen’s Gambit and Hamdouchi castled on the opposite wing. In the ensuing Rook and Pawn endgame, the Emirati had two connected passed pawns escorted by his King. Unable to stop the pawn advance, the Moroccan resigned on the 45th move. A half point behind Salem is GM Bilel Bellahcene of Algeria. Bellahcene turned back the Reti Opening of FM Rafat Issa...
1 week 3 day

Several automakers report fall in US sales

WASHINGTON: Several carmakers reported a drop in new car sales in the United States in November, hurt by rising car prices and higher interest rates as well as further declines in sales of sedans.Ford Motor, Honda Motor and Toyota Motor Corporation all reported declines in sales, likely pulling down overall sales for the month.Top US carmaker General Motors, however, posted a roughly 1 per cent sales increase for the month, according to a source familiar with the company, with fleet sales offsetting a slight decline in sales to consumers.Ford, the No.2 US auto maker, said its sales fell about 6.9...