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Dubai falls as Arabtec slides, Egypt market rebounds

  Reuters Dubai’s stock market fell on Tuesday, breaking technical support as construction firm Arabtec continued to slide, while Egypt rebounded from a drop triggered by foreign investors’ selling. Dubai’s index sank 1.2 percent to 3,560 points, confirming a break of support on the mid-February low of 3,608 points; this triggered a double top formed by the January and February ...

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‘UAE, Saudi can create historic opportunities for whole region’

  Dubai / WAM Combining the capabilities of the United Arab Emirates and the Kingdom of Saudi Arabia can create historic opportunities for their people and the whole region, said Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at a joint retreat held on Saadiyat Island on Tuesday by some 150 Emirati ...

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ENOC to build 10 new service stations in 2017

  Dubai / WAM Dubai-based Emirates National Oil Company (ENOC) announced plans to build 10 new service stations in the emirate this year, as part of its 2020 expansion programme. The company has already opened its new Warsan service station, with other planned locations including Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road,Bab Al Shams, Hatta, Jumeirah Village, ...

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