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Gulf markets mostly rise but Saudi slides

  DUBAI / Reuters Most Gulf stock markets rose on Sunday on the back of firm oil prices and global equities, but profit-taking in sectors including petrochemicals pulled down Saudi Arabia. Dubai’s index rose 1.8 percent to 3,692 points in the heaviest trading volume in nearly a month, which more than doubled from Thursday’s level. The index climbed above technical ...

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Mohammed: 2017 will be a year of abundance, generous giving

  Dubai / WAM 2017 will be a year of abundance and generous giving for the UAE and its citizens, while seeking to make a better future for citizens and government work, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, promised on Sunday, as he chaired the Cabinet’s first meeting of the year ...

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Zakat Fund website attracts 40mn visitors

  Abu Dhabi / WAM Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, has said that the fund’s website has so far attracted 40 million visitors. Al Muhairi noted that the management of the Zakat fund, through its website, seeks to provide easy and accessible services to its users. He added that the number of website visitors reflects the ...

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