Wednesday, April 30, 2025

Finance

Dh400m exposure of UAE banks to Phoenix Commodities

The UAE's largest lender, First Abu Dhabi Bank, has an exposure of $7.7 million. UAE banks have announced nearly Dh400 million worth of exposure to Phoenix Commodities and its subsidiaries, which went into liquidation last week. The UAE's largest lender, First...

Dubai’s Emirates to resume scheduled passenger flights

Travellers will only be accepted on these flights if they comply with the eligibility and entry criteria requirements of their destination countries. Dubai's Emirates has announced its plan to operate scheduled flight services from May 21 to nine destinations: London...

Facebook, YouTube remove ‘Plandemic’ video with ‘unsubstantiated’ coronavirus claims

Twenty-six minute footage features Judy Mikovits, an activist among people who contend that many common vaccines are dangerous. Facebook Inc and YouTube, the video service of Alphabet Inc's Google, said on Thursday that they were removing a video that made...

Samsung second in global smartwatch market in Q1; Apple leads

Despite coronavirus pandemic, worldwide shipments grows 20% on-year to 14M units in Q1 Samsung Electronics became the second-largest vendor of smartwatches in the first quarter of the year, amid rising popularity of the wearable device. Samsung, which makes the Galaxy Watch,...

WhatsApp for web to integrate with Messenger Room

Thee shortcut will appear under the Attach button along with other options. Facebook launched a video conferencing tool 'Messenger Rooms' last month to take on Zoom and other video platforms and now, a new report has claimed that 'Messenger Rooms'...

NMC CFO exits UAE with family and housemaid on repatriation flight to India

Sources allege he may have furnished a false affidavit to the embassy claiming a death in the family. The Chief Financial Officer (CFO) of NMC Health, which is under investigation for a multi-billion financial fraud, exited the UAE on the...

Sensex jumps over 650 Points, Nifty above 9,400

Sensex ended 199 points higher on Friday, propelled by strong gains in index-heavyweight Reliance Industries and positive cues from global markets. Indian stocks started Monday's opening session on a higher note as it tracked gains in Asian markets. The S&P BSE...

Indian rupee opens marginally lower at 75.60 per dollar

On Friday, the rupee ended 21 paise higher at 75.55 per dollar, amid positive bias seen in the domestic equity market. Indian rupee opened marginally lower at 75.60 per dollar on Monday to quote at Dh20.59 against Friday's close of...

Dubai business activity in April hit due to Covid-19

Employment conditions worsened again in Dubai at the start of the second quarter. Lockdown measures in Dubai dampened the spread of coronavirus disease 2019 (Covid-19) and had another drastic impact on business activity in April, said IHS Markit Dubai Purchasing...

GCC stocks slump after VAT hike in Saudi Arabia, record new Covid-19 cases

Dubai Financial Market general index lost 2.5 per cent, while the Abu Dhabi bourse was down 1.2 per cent. The UAE and other Gulf countries' stock markets slumped on Monday morning, hit by Saudi Arabia's decision to increase value-added tax...

Latest News

Today Gold Rate in Dubai (UAE) in Dirham, 30th April 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,656.77 while 24k Per 10 Gram gold price...

Today Gold Rate in Saudi Arabia – 30th April 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,770.50 while 24k Per 10 Gram gold price is SAR 4,090.00 Usually...

Today Gold Rate in Qatar – 30th April 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,648.03 while 24k Per 10 Gram gold price is QAR 3,985.00. Usually people opt...

Today Gold Rate in Oman – 30th April 2025

Today Gold Rate in Oman Today Per tola is OMR 488.13 while 24k Per 10 Gram gold price is OMR 418.50. Usually people opt...

Today Gold Rate in Kuwait – 30th April 2025

Today: Gold Rate in Kuwait (Kuwaiti Dinar) Today Per tola is KWD 384.91 while 24k Per 10 Gram gold price is KWD 330.00. Usually...