Showing results for "2 march"

UAE In-Focus — DFM adds over 20K new investor accounts; Dubai’s Everdome sold $18.6m worth of metaverse land plots

  • DUBAI: Dubai Financial Market brokerage firms added 20,552 new investor accounts in the first seven months of 2022. Over 1.41 million deals were executed by 27 firms in the DFM during those months, trading 40 billion shares worth 98.25 billion dirhams ($26.7 billion), according to Emirates Ne...
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Afghans hoping to resettle in West live in tent camps in Pakistani capital

  • ISLAMABAD: Bahishta Ismail Khel, 13, was studying in the third grade and enjoying “a happy life” with her family in Kabul when the Taliban overthrew former President Ashraf Ghani’s administration in August last year, forcing her family to escape to Pakistan to flee the ensuing violence. But l...
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APICORP posts 67% profit surge in H1 to $52m

  • RIYADH: The Arab Petroleum Investments Corp. has reported a 67 percent jump in first-half profit to $52 million.  APICORP’s net income from operations rose sharply to $97.9 million in the first half, from $40.7 million in the same period last year, while treasury assets reached $2.9 bill...
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Uber gains momentum in 2nd quarter, investors look past loss

  • LONDON: Uber continued to gain momentum in the second quarter with Americans heading back to offices and traveling more as anxiety over COVID-19 eases. Passengers took a total of 1.87 billion trips on Uber during the spring and early summer, a 24 percent increase from the same time last year....
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India In-Focus — Shares fall; 1-5-year OIS spread drops to 29-month low; SpiceJet clears dues

  • RIYADH: Indian shares were trading lower on Tuesday and looked set to snap a four-day rally, weighed by metal stocks amid a decline in broader Asian equities and oil prices. The NSE Nifty 50 index was down 0.49 percent at 17,255.80, as of 0505 GMT, and the S&P BSE Sensex fell 0.44 percent...
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Saudi Sports for All Federation launches second edition of ‘Active’ campaign across the Kingdom

  • RIYADH: The Saudi Sports for All Federation has announced the launch of the “Active” program of youth tournaments and beach games, which will run from August 2022 until March 2023. It will include eight activities, five of which will take place in public places, while three will be held on th...
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Palestinian man shot dead by Israeli army in West Bank: health ministry

  • RAMALLAH, A Palestinian was shot dead Monday by the Israeli army in the north of the occupied West Bank, the Palestinian health ministry said. He was declared dead on arrival at Jenin government hospital after being “shot by the Israeli occupation forces,” the ministry said in a statement. Lo...
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Former EDL leader Robinson fined for contempt of court

  • LONDON: Tommy Robinson, the former leader of the English Defence League, has been fined £900 ($1,102) after being found in contempt of court and could face prison if he fails to pay. Robinson had been expected in court over unpaid legal costs after losing a libel case last year brought b...
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Palestinians hold political cards despite Israel’s refusal to engage

  • Until recently, Israeli politics did not matter to Palestinians. Though the Palestinian people maintained their political agency under the most demoralizing conditions, their collective action rarely influenced outcomes in Israel, partly due to the massive discrepancy in power between the two s...
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Gulf Islamic Investments, Marriott partner to develop London property

  • Gulf Islamic Investments, a Shariah-compliant global investment company, with assets under management worth $3 billion, has announced a new venture with Marriott International, Inc. The collaboration will see GII’s luxurious The Lucan, Autograph Collection Residences development in London’s pri...
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