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dubizzle’s ‘Number Plates’ category attracts AED130mn ads

  Dubai / Emirates Business dubizzle’s Number Plates category organically reached over 4,500 ads with a gross market value of over AED130 million since its launch in mid-July. In that time, the category has become the second largest for dubizzle Motors after Used Cars, overtaking Accessories and Parts. The UAE’s leading classifieds platform receives an average of 1.68 million monthly ...

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World markets climb on Fed uncertainty

  London / AFP World stocks forged higher on Tuesday on uncertainty over the future path for US interest rate hikes, while London shrugged off news of surging inflation. Asian indices advanced as investors weighed the prospect of a US rate increase, and on the eve of key economic growth data in powerhouse economy China. In Europe, Frankfurt, London and ...

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Saudi weighed down by weak Q3 earnings

  Dubai / Reuters Several disappointing third-quarter results from large Saudi companies dragged on the kingdom’s stock index in morning trade on Tuesday, while other Gulf markets edged up in modest trade. Riyadh’s index was down 0.8 percent after 70 minutes. Saudi Arabian Mining Co (Ma’aden) fell 2.7 percent after it posted a 4.6 percent rise in third-quarter net profit ...

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