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Kuwait outperforms on FTSE hopes, Dana keeps rising in UAE

Reuters Kuwait’s stock market outperformed on Tuesday as it reopened after Eid al-Adha holidays, while Abu Dhabi-listed Dana Gas continued surging on the back of a deal to obtain payments from Iraqi Kurdistan. The Kuwaiti index climbed 0.4 percent. Many investors hope index compiler FTSE will decide at the end of this month to upgrade Kuwait to secondary emerging market ...

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Nakheel all geared up to launch AED3.2bn projects at Cityscape

Dubai / WAM Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah. The ...

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5.5 million people use RTA services during Eid holiday

Dubai / WAM The Roads and Transport Authority (RTA) has revealed that the total number of passengers lifted by public transport and taxicabs in Dubai during Eid al-Adha holiday has topped 5,454,714. “The RTA has lifted 5,454,714 passengers during Eid al-Adha holiday, where the number of Metro riders reached 1,829,356 passengers; with 1,177,502 passengers carried on the Red Line compared ...

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