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Saudi stocks pull back before FTSE decision

Reuters Saudi Arabia’s stock market pulled back because of profit-taking on Wednesday ahead of a decision by index compiler FTSE Russell on whether to upgrade Riyadh to emerging market status, while most other regional bourses were also weak. The Saudi index has surged in recent weeks on expectations of a positive decision by FTSE on Wednesday. If MSCI also decides ...

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Mohammed attends Post-Position Draw of Dubai World Cup

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended the Post-Position Draw for the Dubai World Cup 2018, which will take place on March 31, at Meydan Race Course in Dubai. His Highness welcomed the Dubai World Cup’s guests to the UAE, adding that the Cup ...

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AED60mn invested to enhance air traffic management in Dubai

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Dubai Air Navigation Services (dans), has affirmed that 2017 has been an exceptional and ground breaking year in the history of Dubai Air Navigation Services, revealing that the organisation has achieved three strategic projects that are of paramount significance to the Aviation ...

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