Business

Gifts for the female fashion lover in your life

London/ Emirates Business Forget flowers this Valentine’s Day — after all, nothing says “I love you” like some good old luxury fashion. If you’re on the lookout for a chic gift this February 14 then here are five ideas. Burberry London A classic trench coat is a wardrobe staple and Burberry is one of the go-to brands for sophisticated outwear. ...

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Show your caring with heart-shaped piquants

RELAXNEWS On Valentine’s Day, show your loved one you care by bringing home a heart-shaped donut asking them to “Bee mine” or a caffeinated dessert drink laden with chocolate drizzle and whipped cream to help them kick -start their day. Here’s a look at a few fast food chains that are feeling the love this year. Starbucks Until February 14, ...

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Where to go on this ‘memorable’ day

RELAXNEWS Chocolate Bar Chocolate Bar at Mall of The Emirates is celebrating the Valentine’s Day with Chocolate, Chocolate and more chocolate! Celebrate love in style at Chocolate Bar with your your loved one in an ultimate chocolate experience and enjoy an exceptional taste this February 14th for your most memorable Valentine’s Day yet. The stunning menu features a gourmet feast ...

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Emirates Securities Market Index dives 1.36 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.36% to close at 4097.34 points. Accordingly the Market Capitalization has lost AED9.19 Billion attaining AED664.64 Billion. A total of 0.65 Billion Shares were traded with a total value of AED0.79 Billion during the trading session of 11-02-2016 through 8716 transactions. The number of companies which has been traded ...

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Paris, Frankfurt stocks markets dip more than 3 percent

PARIS/ AFP Shares on the French and German stock exchanges fell sharply in early trading on Thursday, dipping below three percent, over oil price worries and after Federal Reserve boss Janet Yellen raised concerns about the global economy. At 0830 GMT, France’s main CAC 40 index was 2,57 percent lower, at 3,956.73 points, after falling briefly more than three percent. ...

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Adidas optimistic for year after beating 2015 targets

AFP Adidas said on Thursday that it performed better than expected in 2015 and is confident for this year, even if the US market still appears to be something of an Achilles’ heel for the German maker of sportshoes and equipment. “Based on preliminary unaudited figures for 2015, the Adidas group exceeded its top- and bottom-line financial targets in the ...

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Emirates Securities Market Index up by 3.03%

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 3.03% to close at 4095.68 points. Accordingly the Market Capitalization has gained 19.52 Billion AED attaining 664.37 Billion AED. A total of 0.88 Billion Shares were traded with a total value of 1.11 Billion AED during the trading session of 2016-01-31 through 11591 transactions. The number of companies which ...

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FH maintains investment grade credit rating with stable outlook

ABU DHABI / EMIRATES BUSINESS Finance House (FH) announced its Corporate Credit Rating of “BBB-” (Long-Term) and “A3″ (Short-Term). With both Investment Grades recently affirmed by Capital Intelligence (CI), the international credit rating agency, Finance House demonstrates solidly stable outlooks, while maintaining the same Credit Rating for three consecutive years. While affirming the above ratings in a recently released Credit ...

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Gulf stocks trim worst in 7 years after oil rebounds

The DFM General Index increased 4.9 percent to the highest level since Jan. 6, taking its three-day gain to 11 percent. The measure’s 30-day volatility is near the highest in a year following the swings in January. Abu Dhabi’s ADX General Index advanced 3.7 percent. First Gulf Bank PJSC was the biggest contributor to gains with a 12.4 percent jump, ...

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Dar Al Sharia lauded for financial and legal consultancy services

Dubai / EMIRATES BUSINESS Dar Al Sharia, Dubai Islamic Bank’s fully owned subsidiary, has cements its position as the leading provider of Islamic finance advisory and consultancy services across multiple jurisdictions and regulations. Over the past year, the subsidiary has been recognised for its stellar performance. Being the pioneer behind the concept of Islamic banking, DIB established Dar Al Sharia ...

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