TravelPosts filtered by tags: Emaar Properties[x]
#Dubai leads most Gulf markets lower, but #AbuDhabi bucks the trend | ReutersJanuary 24, 2021 at 5:55 AM Most major Gulf stock markets slipped on Sunday, with Dubai hardest hit following a surge in coronavirus cases in the United Arab Emirates, but Abu Dhabi bucked the trend to trade higher.Dubai’s main share index dropped as much as 1.3% in early trade, with blue-chip developer Emaar Properties shedding 1.2%Financial stocks also drove the losses, led by a Dubai’s biggest lender, Emirates NBD Bank, which was down 0.4%.Dubai has suspended non-essential surgery for a month and live entertainment in h...Tags: Travel, Saudi Arabia, Middle East, United Arab Emirates, Dubai, Oxford University, Abu Dhabi, Kuwait, Uae, Gulf, Reuters, Emaar Properties, Abu Dhabi Commercial Bank, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries 19 people like this. Like #AbuDhabi market leads broader gains | ReutersJanuary 18, 2021 at 11:11 AM Abu Dhabi market leads broader gains | Reuters Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more than nine months, led by United Arab Emirates’ top lender, First Abu Dhabi Bank.The Abu Dhabi index gained nearly 4% and the benchmark has risen in all but two sessions so far in the new year.First Abu Dhabi Bank was the best performer on the benchmark, adding about 8%. Another bank, Abu Dhabi Commercial Bank, rose nearly 5%.The Abu Dhabi Depa...Tags: Travel, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Basic Industries Corp, Reuters Stock, Riyad Bank, Emaar Properties, Qatar Islamic Bank, Abu Dhabi Commercial Bank, NCB Capital, Rupert Neil Bumfrey, Saudi Telecom 16 people like this. Like Lender FAB buoys #AbuDhabi as most major Gulf markets rise | ReutersJanuary 18, 2021 at 4:28 AM Lender FAB buoys Abu Dhabi as most major Gulf markets rise | Reuters Most major stock markets in the Gulf traded higher early on Monday, with the Abu Dhabi index leading the gains boosted by its top lender First Abu Dhabi Bank. The Abu Dhabi index advanced 2.3%, with First Abu Dhabi Bank, the United Arab Emirates’ largest lender, jumping 5.3%, its biggest intraday gain since April last year.The Abu Dhabi Department of Finance has announced a 6 billion dirhams ($1.63 billion) supply chain financi...Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, Emaar Properties, Rupert Neil Bumfrey, Abudhabi, Saudi Electricity, First Abu Dhabi Bank, Abu Dhabi Department of Finance, First Abu Dhabi Bank the United Arab Emirates, First Abu Dhabi Bank The Abu Dhabi 18 people like this. Like Mideast Stocks: Most Mideast stocks in red ahead of earnings season | ZAWYA MENA EditionJanuary 17, 2021 at 11:43 AM Mideast Stocks: Most Mideast stocks in red ahead of earnings season | ZAWYA MENA Edition Most major stock markets in the Middle East ended lower on Sunday, ahead of the usual flurry of quarterly and full-year corporate results over the next few weeks, with the Qatari index leading the losses.Saudi Arabia's benchmark index lost 0.3%, with petrochemicals company Saudi Basic Industries 2010.SE shedding 1.3% and Dr Sulaiman Al-Habib Medical Services 4013.SE closing 1.7% lower.The kingdom's inflation...Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Gulf, Mideast, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Saudi Basic Industries, Aldar Properties, Sulaiman Al Habib Medical Services, Emaar Malls The Abu Dhabi, Untied Arab Emirates 19 people like this. Like Mideast Stocks: Most Gulf shares ease, but weekly gains intact | ReutersJanuary 14, 2021 at 5:43 PM Saudi Arabian and United Arab Emirates share indexes weakened on Thursday on lower oil prices but still held on to weekly gains, while Qatari and Egyptian stocks finished the week on a high.Oil prices dipped as bullish signals from Chinese import data and U.S. crude oil stocks draws were outweighed by surging coronavirus cases in Europe and new lockdowns in China. [O/R]Saudi Arabia’s benchmark index edged down 0.2%, with Al Rajhi Bank and oil behemoth Saudi Aramco easing 0.4% each. The index gai...Tags: Travel, Europe, Saudi Arabia, China, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Emaar Properties, Etisalat, DAMAC Properties, Rupert Neil Bumfrey, Emaar Malls, Al Rajhi Bank, First Abu Dhabi Bank 41 people like this. Like Mideast Stocks: Most major markets end higher on oil price gains | 路透January 13, 2021 at 10:15 AM Mideast Stocks: Most major markets end higher on oil price gains | 路透 Most major Gulf stock markets finished higher on Wednesday as oil prices jumped after industry data showed a bigger-than-expected drop in U.S. crude inventories, before rising global COVID-19 infections capped the crude price gains.Brent crude rose to a session high of $57.42 a barrel, their highest since Feb. 24, before prices steadied. [O/R]In Dubai, the main index firmed 0.8% for its fifth straight session of gains, with th...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Emirates NBD, Mideast, Emaar Properties, Formosa, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, First Abu Dhabi Bank FAB, Dr Sulaiman Al Habib Medical Services Group Co 4 people like this. Like Major Gulf markets firm in early trade; #Qatar dips | ReutersJanuary 13, 2021 at 3:59 AM Major Gulf markets firm in early trade; Qatar dips | Reuters Most major Gulf stock markets firmed on Wednesday against the backdrop of rising oil prices, with indexes in the United Arab Emirates on track to extend gains for fifth straight session.Oil prices gained more than 1% after industry data showed a bigger than expected drop in inventories. Brent crude was up 79 cents, or 1.4%, at $57.37 a barrel by 0420 GMT, having risen 1.7% in the previous session. [O/R]Saudi Arabia’s benchmark index ga...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Formosa, QNB, Rupert Neil Bumfrey, Dubai Islamic Bank, First Abu Dhabi Bank, Major Gulf, SABIC Agri Nutrients Co 6 people like this. Like Gulf stocks gain on global rally, higher oil prices | ReutersJanuary 10, 2021 at 4:26 AM Gulf stocks gain on global rally, higher oil prices | Reuters Major Gulf stock markets rose in early trade on Sunday, tracking a rally in global equity markets and a jump in oil prices on Friday. The sentiment in the Gulf was additionally supported by further developments on Saudi Arabia and its allies’ agreement to restore ties with Qatar.Global equities rallied on Friday as investors looked beyond U.S. political unrest and focused on further stimulus to mend the economic damage of the coronavi...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Doha, Gulf, Reuters, Riyadh, Qatar Airways, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Saudi Basic Industries, Saudi Airlines, Aldar Properties 35 people like this. Like Major markets log weekly gains; #Qatar leads day's gains | ReutersJanuary 7, 2021 at 12:18 PM Major Gulf shares ended the first trading week of the New Year on a high on Thursday and registered weekly gains as the regional markets benefited from a rise in oil prices.Crude hit its highest since late February after a fall in U.S. stockpiles added further support following Saudi Arabia’s unilateral decision to cut output. [O/R]The week also saw investors cheer the breakthrough in Qatar’s over three-year diplomatic rift with Saudi Arabia and other Gulf countries as Arab leaders gathered for ...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Doha, Arab, Gulf, Reuters, Emirates NBD, Doha Qatar, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar 27 people like this. Like Major Gulf stocks little changed a day after Gulf row eases | ReutersJanuary 6, 2021 at 4:08 AM Major Gulf stocks little changed a day after Gulf row eases | Reuters Major Gulf stock markets where little changed early on Wednesday, a day after a breakthrough in the Gulf’s diplomatic rift, as a negative outlook for the Gulf Cooperation Council(GCC) sovereigns appeared to eclipse the positive sentiment.Moody’s sees a negative outlook for the GCC sovereigns in 2021, driven by lower oil revenues and reduced fiscal strength.Oil prices are unlikely to mount much of a recovery in 2021 as a new co...Tags: Travel, Saudi Arabia, Qatar, Egypt, GCC, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Doha, Ooredoo, Gulf, Reuters, Moody, Gulf Cooperation Council GCC, Emaar Properties 23 people like this. Like #Qatar leads broader gains on breakthrough in Arab rift | ReutersJanuary 5, 2021 at 10:49 AM Qatar shares ended 1.4% higher on Tuesday, marking the index’s biggest gain in nearly a month, after a breakthrough was reached in the country’s three-year-old dispute with Saudi Arabia and three other Arab countries. As part of the deal, Saudi Arabia would reopen its airspace and land and sea border to Qatar as Gulf Arab leaders arrived in the Saudi city of al-Ula on Tuesday for a summit focused on ending a long-running dispute with Doha.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt...Tags: Travel, Saudi Arabia, Opec, Qatar, Iran, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Ula, Bahrain, Doha, Gulf, Reuters, Gulf Arab, Emaar Properties 9 people like this. Like MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, #Dubai extends gain | ReutersJanuary 5, 2021 at 3:59 AM MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, Dubai extends gain | Reuters Qatar’s stock market rose sharply in early Tuesday trade, buoyed by an easing in the Gulf’s more than three-year diplomatic rift, while Dubai climbed for a third session amid growth in the United Arab Emirates’ non-oil private sectors.Saudi Arabia agreed to reopen its airspace and land and sea border to Qatar in a deal towards resolving a dispute that led Riyadh and its allies to impose a boycott on Qatar in 20...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Gulf, Reuters, Riyadh, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Almarai, National Commercial Bank, Reuters Qatar 46 people like this. Like #Dubai leads gains as markets rise on higher oil | ReutersJanuary 4, 2021 at 12:53 PM Major Gulf stock markets finished higher on Monday amid a surge in oil prices, with Dubai outperforming the region, led by property and banking stocks.Oil prices touched multi-month highs on expectations OPEC and allied producers will cap output at current levels in February and on hopes that vaccines will curb the spread of the coronavirus. [O/R]Most OPEC+ countries would like to postpone a planned increase in oil output from February, because fuel demand is weakening amid new global lockdowns,...Tags: Travel, Europe, Saudi Arabia, Opec, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Emaar Properties, Ministry of Energy, Etisalat, Qatar National Bank, DAMAC Properties, Rupert Neil Bumfrey 46 people like this. Like Mideast Stocks: #UAE stocks gain, #Saudi slips on first trading day of 2021 | ZAWYA MENA EditionJanuary 3, 2021 at 9:20 AM Mideast Stocks: UAE stocks gain, Saudi slips on first trading day of 2021 | ZAWYA MENA Edition Stock markets in the United Arab Emirates (UAE) closed higher on Sunday, starting 2021 on a positive note on hopes that the rollout of a coronavirus vaccine will lift economic activity, while Saudi Arabian shares fell on uncertainty about the outlook for oil prices this year.The UAE on Saturday recorded a fourth straight record number of daily coronavirus cases, with 1,963 new infections. Dubai and Abu...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Chemical, Bahrain, Doha, Uae, Reuters, Saudi Aramco, Emirates NBD, Mideast, United Arab Emirates UAE, Gulf Cooperation Council GCC 40 people like this. Like #UAE stocks rise, #Dubai outperforms on first trading day of 2021 | ReutersJanuary 3, 2021 at 4:51 AM UAE stocks rise, Dubai outperforms on first trading day of 2021 | Reuters Stock markets in the United Arab Emirates rose in early trade on Sunday, starting 2021 on a positive note in line with the country’s economic forecast and eclipsing a recent record jump in COVID-19 cases.The International Monetary Fund expects the country’s economy to swing back to growth of 1.3% this year from a 6.6% contraction in 2020.The UAE recorded its fourth straight record number of daily coronavirus cases since th...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, International Monetary Fund, Abu Dhabi, Bahrain, Doha, Uae, Reuters, Emirates NBD, Reuters Stock, Gulf Cooperation Council GCC, Mathew, Emaar Properties 7 people like this. Like #Saudi, #Dubai lead broader regional gains on higher oil | ReutersDecember 29, 2020 at 10:32 AM Saudi, Dubai lead broader regional gains on higher oil | Reuters Saudi and Dubai shares closed higher on Tuesday as most regional markets gained in line with global stocks, as hopes of fresh U.S. stimulus teed up a strong end to the year for riskier assets.Oil rose as the United States moved towards expanding pandemic aid payments, potentially spurring fuel demand and stimulating economic growth. [O/R]Prospects of the relief package, however, kept the dollar near a 2-1/2-year low as investors we...Tags: Travel, Qatar, United States, United Arab Emirates, Dubai, Oman, Abu Dhabi, Bahrain, Sharia, Reuters, Emirates NBD, Saudi Basic Industries Corp, Emaar Properties, Bank Muscat, Etisalat, Qatar National Bank 7 people like this. Like Major Gulf stocks mixed at start of last week of trade | ReutersDecember 27, 2020 at 4:40 AM Major Gulf stocks mixed at start of last week of trade | Reuters Major Gulf stock markets were mixed early on Sunday in the last week of trading for the year.Saudi Arabia’s benchmark index has gained 4% this year, Abu Dhabi and Qatar are up 1%, while Dubai is down 8.8%. Gains in recent weeks have been fuelled by optimism over COVID-19 vaccines.On Sunday, the Saudi index opened up 0.2% with Samba Financial Group and National Commercial Bank (NCB) up 1.5% and 0.7%, respectively.The lenders said th...Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Reuters, National Commercial Bank NCB, Emaar Properties, Commercial Bank, Abu Dhabi Securities Exchange, Rupert Neil Bumfrey, Dubai Islamic Bank, Samba Financial Group, Major Gulf, Qatar Fuel, Yanbu National Petrochemicals 22 people like this. Like Major Gulf markets end mixed, #Qatar snaps losing streak | ReutersDecember 24, 2020 at 2:42 PM Major Gulf markets end mixed, Qatar snaps losing streak | Reuters Major stock markets in the Gulf were mixed when they closed on Thursday, with trading volumes modest because of the absence of many foreign investors for Christmas.Saudi Arabia’s benchmark index fell 0.2%, hit by a 0.7% fall in Al Rajhi Bank and a 0.8% decline in the country’s largest lender National Commercial Bank.The kingdom’s oil exports fell by 18.9 billion riyals ($5.04 billion) in October, down by nearly a third, while non-...Tags: Travel, London, Saudi Arabia, Qatar, United Arab Emirates, Pfizer, Abu Dhabi, Gulf, Reuters, Reuters Major, Emaar Properties, Nine Elms, Qatar Islamic Bank, Abu Dhabi Commercial Bank, DAMAC Properties, Rupert Neil Bumfrey 22 people like this. Like Most major Gulf markets little changed; Dubai outshines | ReutersDecember 24, 2020 at 4:21 AM Most major Gulf markets little changed; Dubai outshines | Reuters Dubai’s stock market extended the previous session’s gains on Thursday as the emirate began COVID-19 inoculations with the Pfizer-BioNTech vaccine, while other major Gulf markets were little changed.Dubai’s main share index rose 1%, with blue-chip developer Emaar Properties advancing 2.6%, while Emirates NBD Bank was up 1.4%.The emirate started rolling out the COVID-19 vaccine produced by Pfizer and BioNTech for free from Wednesda...Tags: Travel, Saudi Arabia, Dubai, Pfizer, Abu Dhabi, Gulf, Reuters, Saadiyat Island, Emaar Properties, Qatar Islamic Bank, Rupert Neil Bumfrey, Reuters Dubai, Aldar Properties, Al Rajhi Bank, First Abu Dhabi Bank, National Central Cooling Company Tabreed 23 people like this. Like #Dubai Developer Damac Warns Against Property ‘Dumping’ Next Year - BloombergDecember 21, 2020 at 4:27 AM Dubai Developer Damac Warns Against Property ‘Dumping’ Next Year - Bloomberg One of Dubai’s largest developers said 2021 would be another challenging year for the sector and warned against the risk of companies “dumping” property in a market already grappling with excess inventory.“I hope the big developers don’t start dumping supply just because they can sell another few hundred villas or apartments,” Damac Properties PJSC Chairman Hussain Sajwani said in an interview with Bloomberg TV. “We ver...Tags: Travel, Bloomberg, Middle East, Dubai, Bloomberg TV, Emaar Properties, Rupert Neil Bumfrey, Damac, Hussain Sajwani, Mohamed Alabbar, Damac Properties PJSC 13 people like this. Like Mideast Stocks: Qatari shares outperform on broad-based gains; #Saudi eases | ZAWYA MENA EditionDecember 20, 2020 at 12:05 PM Most major stock indexes in the Middle East ended higher on Sunday, with Qatari shares outperforming thanks to broad-based gains, while petrochemical shares weighed on the Saudi index.Saudi Arabia's benchmark index eased 0.3%, hit by a 4.9% fall in Advance Petrochemical and a 3% drop in Jabal Omar Development.The kingdom's economy shrank more slowly in the third quarter as the government eased some coronavirus restrictions, but the pandemic-hit oil sector continued to struggle, data showed on Th...Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Emaar Properties, DAMAC Properties, Rupert Neil Bumfrey, Damac, First Abu Dhabi Bank the United Arab Emirates, Advance Petrochemical, London The Abu Dhabi 18 people like this. Like #Dubai State Holding Firm Posts $3.1 Billion Loss as Virus Weighs - BloombergDecember 17, 2020 at 4:07 AM Dubai State Holding Firm Posts $3.1 Billion Loss as Virus Weighs - Bloomberg Investment Corp. of Dubai, the main state-controlled holding firm of the emirate, reported a loss in the first half as the coronavirus pandemic weighed on earnings at its portfolio companies.The firm posted a loss of 11.4 billion dirhams ($3.1 billion) after a profit of 6.86 billion dirhams a year earlier, according to a statement.Investment Corp. of Dubai owns Emirates airline, which has seen bookings slump as demand f...Tags: Travel, Bloomberg, Emirates, Dubai, Emirates NBD, Emaar Properties, Rupert Neil Bumfrey, Dubai Islamic Bank, Investment Corp of Dubai, Dubai State Holding Firm Posts, Bloomberg Investment Corp 17 people like this. Like Most markets retreat as COVID-19 deaths rise, restrictions widen | ReutersDecember 15, 2020 at 8:28 AM Most markets retreat as COVID-19 deaths rise, restrictions widen | Reuters Most Gulf markets ended lower on Tuesday, in line with Asian shares, as increasing COVID-19 deaths and widening lockdowns overshadowed optimism over progress on vaccine development and rollout.The number of U.S. coronavirus deaths crossed 300,000 on Monday as the country started its first inoculations, while tighter restrictions were imposed on London and more European countries were set to follow suit.Most Asian market...Tags: Travel, Japan, London, Saudi Arabia, Asia Pacific, Dubai, Abu Dhabi, Reuters, MSCI, Nov, Riyad Bank, Emaar Properties, Commercial Bank, Qatar National Bank, Rupert Neil Bumfrey, First Abu Dhabi Bank 17 people like this. Like Foreigners own 8.4bln shares in 6 #UAE real estate companies worth $5.77bln | ZAWYA MENA EditionDecember 11, 2020 at 4:28 AM Recent figures issued by the Abu Dhabi and Dubai financial markets on 9th December showed that the number of shares owned by foreign investors in six real estate companies listed in Emirati financial markets surged to nearly 8.4 billion shares worth around AED21.2 billion.The significant rise in the number and value of shares owned by foreign investors in real estate companies followed a surge in their share prices in recent months. The majority of companies listed in the country’s financial mar...Tags: Travel, Dubai, Abu Dhabi, Uae, Emirati, Emaar Properties, DAMAC Properties, Rupert Neil Bumfrey, Emaar Development, Al Dar Properties 4 people like this. Like Major Gulf markets end mixed; #Dubai index outshines | ReutersDecember 8, 2020 at 1:02 PM Major Gulf markets end mixed; Dubai index outshines | Reuters Major Gulf stock markets ended mixed on Tuesday, with Dubai stocks registering sharp gains following Emirates Airline’s projection of a busy December as travellers return for holidays.The main share index in Dubai, the Middle East’s tourism hub, advanced 2%, with its largest developer Emaar Properties rising 3.5%, while Dubai Investments surged more than 11%.In Abu Dhabi, the index gained 0.4%, led by a 0.3% rise in the United Arab Em...Tags: Travel, Saudi Arabia, Qatar, Egypt, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Doha, Gulf, Reuters, Emirates Airline, Emaar Properties, United Arab Emirates Bahrain, Rupert Neil Bumfrey, Industries Qatar 10 people like this. Like #Saudi stocks lead gains; Egypt loses | ReutersDecember 7, 2020 at 11:48 AM Saudi stocks lead gains; Egypt loses | Reuters Major Gulf markets eked out gains on Monday, riding on the positive sentiment around the progress in COVID-19 vaccine development and the OPEC+ deal on oil production cuts, with Saudi stocks breaking a losing streak of four sessions.Despite oil prices falling on surging coronavirus cases globally and amid heightened tensions between the United States and China, markets in the Gulf managed to close in positive territory, with some erasing losses in t...Tags: Travel, Saudi Arabia, China, Opec, Qatar, United States, Egypt, Dubai, Abu Dhabi, Doha, Gulf, Reuters, Emirates NBD, Riyad Bank, Emaar Properties, United Arab Emirates Bahrain 6 people like this. Like Mideast stocks: Major Gulf stocks little changed in early trade | ReutersNovember 29, 2020 at 4:38 AM Mideast stocks: Major Gulf stocks little changed in early trade | Reuters Major Gulf stock markets were steady in early Sunday trading, having gained last week on optimism about COVID-19 vaccines.Saudi Arabia’s index was up 0.3% as Al Rajhi Bank gained 0.3% and Saudi Electricity added 2.1% in its fifth daily rise in six trading days.Moody’s on Wednesday upgraded the utility company’s rating to A1, citing increased government support. The company recently signed an agreement with the government t...Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Reuters, Mideast, Moody, Emaar Properties, CureVac, Qatar Islamic Bank, Rupert Neil Bumfrey, Industries Qatar, Saudi Electricity, Dubai Investments, Aldar Properties, Al Rajhi Bank 34 people like this. Like Most Middle East markets end higher as investors cheer Biden transition, vaccine progress | ReutersNovember 24, 2020 at 12:01 PM Most markets end higher as investors cheer Biden transition, vaccine progress | Reuters Most major Gulf markets closed higher on Tuesday, tracking gains on global bourses, helped by a formal transition nod for U.S. President-elect Joe Biden and new coronavirus vaccine developments.U.S. President Donald Trump on Monday gave the head of the General Services Administration the go-ahead to proceed with a transition to a government led by Biden despite plans to continue with legal challenges.Global f...Tags: Travel, Saudi Arabia, Opec, Qatar, Joe Biden, Middle East, Dubai, General Services Administration, Biden, Abu Dhabi, Yemen, Donald Trump, Jeddah, Gulf, Reuters, Aramco 27 people like this. Like Emaar's founder Alabbar sees situation getting better in 9 to 12 months | ZAWYA MENA EditionNovember 19, 2020 at 4:32 AM Emaar's founder Alabbar sees situation getting better in 9 to 12 months | ZAWYA MENA Edition Mohamed Alabbar, founder of Emaar Properties and e-commerce platform noon.com, hopes that the economic situation will be better in the next nine to 12 months as the world anxiously waits for the Covid-19 vaccine.“I believe life will go back to normal and we are not going to have big damage to shopping malls. There is damage to malls in America because there is an overbuilt situation… I truly believe that...Tags: Travel, America, Atlanta, Bloomberg, Uae, Emaar Properties, Xin Zhang, Emaar, Rupert Neil Bumfrey, Mohamed Alabbar, Alabbar, SOHO China, Keisha Lance Bottoms 49 people like this. Like MIDEAST STOCKS-Most Gulf markets retreat; #Dubai leads declines | NasdaqNovember 12, 2020 at 4:57 AM Most major Gulf markets traded lower in early trading on Wednesday and are set to break the winning run spurred by the news on the progress in the development of COVID-19 vaccine and subsequent potential global economic recovery.The Saudi, Dubai and Abu Dhabi markets have all gained in three successive sessions after the vaccine news on Monday, but now are on track to close the week with a session of losses.Saudi Arabia's benchmark index .TASI lost about 0.3%, with lender Al-Rajhi 1120.SE and oi...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Tasi, Rupert Neil Bumfrey, Masraf Al Rayan, Emaar Properties EMAR DU, Emirates NBD Bank ENBD, Etisalat ETISALAT, Emaar Malls EMAA DU 21 people like this. Like |
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