Sheikh Maktoum is being briefed at a stand after opening Gulfood in Dubai on Sunday. WAM
Dubai Electricity and Water Authority (Dewa) has organised the second France-DEWA Business Forum, in collaboration with the French Business Council in Dubai and the Northern Emirates and Business France. Saeed Mohammed Al Tayer, MD & CEO of Dewa, welcomed French participants, headed by Ludovic Pouille,
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by 3 per cent during the first six months (January to June) of 2019 to Dhs1.130 billion (US$ 308 million), compared to the net profit of Dhs1.102 billion (US$ 300 million) during the same period
DUBAI: Aramex announced its financial results for the second quarter and the first half ended 30th June 2019. The company’s Q2 2019 revenues grew by four per cent to Dhs1,279 million, compared to Dhs1,232 million in Q2 2018. Revenues would have grown by seven percent excluding the impact from currency
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, is continuing to prioritise the ease of doing business with the introduction of new licensing categories and fees designed to make establishing businesses within the Centre easier and more affordable.
Market benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney advanced.
Brent crude dropped 70 cents, or 1.1%, to $62.99 a barrel by 04:57 GMT while US West Texas Intermediate (WTI) crude fell 71 cents, or 1.2%, to $59.93 a barrel.
Spot gold eased 0.3 % to $1,717.99 per ounce by 06:33 GMT while US gold futures slipped 0.4% to $1,716.10.