Friday, 29 March 2024

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Recent News
  • Saudi Arabia and United Arab Emirates introduce VAT for first time

    17:28 | 1/1/18
    BBC News
    In Saudi Arabia more than 90% of budget revenues come from the oil industry while in the UAE it is roughly 80%. Both countries have already taken steps to boost government coffers. more»
  • WWE comes to the United Arab Emirates

    06:20 | 18/11/17
    Arab News
    Tickets for the event at the Zayed Sports City Tennis Stadium are available via PlatinumList.net and UAE Exchange outlets. Ticket prices start at 250 dirhams ($68). * * * NIGHT 1: Thursday, Dec. 7. The Shield vs Samoa Joe and RAW Tag Team Champions ... more»
  • UAE agrees $1.6 billion deal with Lockheed Martin to upgrade F-16 fighters

    01:56 | 13/11/17
    Reuters
    Al Hashemi said he was optimistic that the UAE would be able to buy the F-35 in the near future. “It is an excellent jet,” he said, declining to give details on talks with the U.S. more»
  • Mediclinic warns shareholders of interim headache

    20:30 | 17/10/17
    Business Day
    But excluding gains from converting rand, Swiss francs and Emirati dirhams from the group's subsidiaries into pounds, revenue was flat, Tuesday's statement said. more»
  • Abu Dhabi and Jordan seek buyers of dollar bonds

    04:00 | 3/10/17
    Financial Times
    Both the Jordanian dinar and the dirham, the local currency of the United Arab Emirates (of which Abu Dhabi is the capital) are pegged to the world's foremost reserve currency. more»
  • UPDATE 1-UAE's Aldar Properties Q2 net profit falls 5.6 pct on lower revenues

    17:03 | 3/8/17
    Reuters
    The results come against a backdrop of a slowing economy and property market in the oil-rich capital of the United Arab Emirates. Aldar made a net profit attributable to owners of 620 million dirhams ($169 million) in the three months to June 30 ... more»
  • MIDEAST STOCKS-Oil slide may dampen Gulf, no good news on Qatar crisis

    17:37 | 23/7/17
    Reuters
    In the UAE, Abu Dhabi Commercial Bank came in at the low end of forecasts by reporting a 10.4 percent fall in second-quarter net profit to 1.01 billion dirhams ($275.2 million); three analysts polled by Reuters had on average forecast 1.11 billion dirhams. more»
  • UAE bans expressions of sympathy towards Qatar: report

    19:30 | 7/6/17
    Livemint
    Dubai: The United Arab Emirates (UAE) has banned people from publishing expressions of sympathy towards Qatar and will punish offenders with a jail term of up to 15 years, the UAE-based newspaper Gulf News and pan-Arab channel Al-Arabiya reported ... more»
  • UAE celebrates 44 years of Dirham

    18:25 | 25/5/17
    EsquireMe
    Once upon a time, before the union of the United Arab Emirates (UAE) and before the creation of the Dirham, several currencies including the Indian rupee, the Gulf rupee, the Qatari riyal, Dubai riyal and Bahraini dinar (used in Abu Dhabi) were legal ... more»
  • The UAE dirham celebrates its birthday

    17:24 | 20/5/17
    ArabianBusiness.com
    The old AED1 to AED100 notes currently sell for AED1,500, while price for AED1,000 note starts at AED4,000, Kumar said. Prior to the introduction of UAE dirham, the region used several currencies including the Indian rupee, the Gulf rupee, the Qatari ... more»
Global Indices
CodeLastChange
COMP10,3213283.08%
DJI29,6354041.34%
SP5003,583872.37%
DAX12,438820.67%
FTSE7,48850.07%
NI22522,4204081.86%
TWI67.270.000.00%