The bombing has killed more than 1,110 people and displaced up to one million in Lebanon, according to official figures
mena2 hours ago
Dubai Islamic Bank PJSC, the UAE’s biggest Islamic lender, jumped the most in almost two months. Abu Dhabi Islamic Bank PJSC climbed to the highest since December as the Islamic bank said it may buy back shares. Economic growth in the UAE will quicken from last year’s 0.7 per cent and improve “significantly” in 2011, central bank Governor Sultan bin Nasser Al Suwaidi said.
The DFM General Index added 0.9 per cent to 1,660.97 points at the close, bringing the two-day increase to 1.9 per cent. The ADX General Index rose 0.6 per cent to 2,719.45 points.
“Some people are expecting improved performance” in the earnings of Dubai’s big banks and Emaar Properties PJSC, said Vyas Jayabhanu, head of Al Dhafra Financial Brokerage LLC in Abu Dhabi. The results are “the only light in the tunnel.” Dubai’s index has lost 21 per cent since November 25. ADIB jumped 4.2 per cent to Dh2.99, the highest close since December 14. The bank’s board is meeting on February 14 to discuss the share buyback. —
The bombing has killed more than 1,110 people and displaced up to one million in Lebanon, according to official figures
mena2 hours ago
Updated rules have been issued for these commuters as experts call for safer batteries to avoid the risk of spontaneous combustion on trains
uae2 hours ago
Both parties also confirmed their shared commitment to improving cooperation in artificial intelligence, especially after the President's recent historic visit to the US
uae3 hours ago
Only 12 out of 120 players completed their rounds as Japan’s Rintaro Nakano held the lead at seven under par
sports3 hours ago
The IHW Summit recognised Dr Khorakiwala’s extraordinary contributions to transforming healthcare in India and on a global scale
kt network3 hours ago
The Triangulum Galaxy is the third largest in our local group, right behind the Milky Way and Andromeda
space3 hours ago
The event promises to bring a unique blend of traditional
kt network4 hours ago