Pontiff says an increase in foreign aid could help stem the flow of refugees and migrants seeking to enter Europe
The Dubai Financial Market (DFM) fell 1.3 per cent to 1,454.33 points, lowest close since June 2004. The Abu Dhabi Securities Exchange or ADX lost 2.2 per cent, bringing the 4-day retreat to 5.1 per cent. Emaar Properties fell to its lowest in almost five years after Morgan Stanley said the country’s biggest real-estate company will be most hit by the decline in property prices. Sorouh Real Estate slid for a fourth day, while Aldar Properties closed at a record low. National Bank of
Emaar dropped 5.9 per cent to Dh1.77, its lowest since May 2004. The developer will be most affected by the drop in property prices because two of its projects, Burj Dubai and
Prices of high-end
Wakeman said, “New support levels still awaited after trading through November’s lows. In
large cap full year results has set the market adrift and caused volumes to dry up. We have seen results in
Air
· abdulbasit@khaleejtimes.com
Pontiff says an increase in foreign aid could help stem the flow of refugees and migrants seeking to enter Europe
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