UAE financial markets on Thursday posted decent gains of about AED9.3 bn in market cap, driven by the realty and banking blue chips amid increased transactions that hit around AED1.44 billion. The upbeat sentiments saw Abu Dhabi Securities Exchange (ADX) closing higher around 0.59 pct at 6,152 pts and Dubai’s …
Read More »Tomorrow.. Temperatures tend to increase
The National Center of Meteorology: Tomorrow’s weather will be fair to partly cloudy at times with a chance of convective clouds formation eastward by afternoon. Humid by night and Saturday morning over some coastal areas. Temperatures tend to increase.Light to moderate winds, freshening at times causing blowing dust during daytime.
Read More »Unduly wearing official attire punishable by law: Public Prosecution
The Public Prosecution said whoever publicly and unduly wears an official attire specially reserved by law to a class of persons shall be sentenced to up to one year in jail or to a fine of no less than AED10,000. In its official twitter account today, the PP said “Shall …
Read More »UAE leaders offer condolences over Algerian flood victims
President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of condolences to Algerian President Abdelmadjid Tebboune, on the victims of the flash floods that swept away several Algerian provinces. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and …
Read More »Ramadan Nights 2021 revitalising Sharjah’s retail sector
The Ramadan Nights 2021 Exhibition, which is currently underway at the Expo Centre Sharjah, is seeing a high turnout of visitors and shoppers who were there to tap into the deals and exclusive discounts of up to 70 percent on a wide range of products and brands offered by leading …
Read More »72,811 doses of COVID-19 vaccine administered in past 24 hours: MoHAP
The Ministry of Health and Prevention (MoHAP) has announced that 72,811 doses of the COVID-19 vaccine were administered during the past 24 hours. The total number of doses provided up to today stands at 10,907,264 with a rate of vaccine distribution of 110.28 doses per 100 people. The vaccination drive …
Read More »Mohammed bin Rashid issues Law expanding Dubai International Financial Centre Objectives
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC). The new Law replaces Law No. (9) of 2004 on Dubai International Financial Centre, …
Read More »India sees record daily rises in coronavirus infections, deaths
India reported on Thursday more than 400,000 coronavirus infections over the last 24 hours, while deaths rose by a record 3,980. The South Asian nation’s tally has surged past 21 million, boosted by the record 412,262 new cases. Its death toll now stands at 230,168, health ministry data show.
Read More »Eid Al Fitr Holiday announced for Financial Markets
The UAE financial markets will close for Eid Al Fitr holiday from Ramadan 29th until Shawwal 3rd, 1442 Hijri, according to the Islamic calendar and the corresponding dates on the Gregorian calendar. This was announced by the Securities and Commodities Authority based on circular no. 7 of 2021 issued by …
Read More »The latest developments on COVID-19 in the UAE
The Ministry of Health and Prevention, MoHAP, announced on Thursday that it conducted 196,777 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus …
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