Author: web desk

Abu Dhabi leads most Gulf markets higher

Abu Dhabi, Most stock markets in the Gulf ended higher on Wednesday, supported by strong oil prices, with the Abu Dhabi index outperforming the region.   Crude prices, a key catalyst for the Gulf’s financial markets, rose for a fourth day after a fire on a pipeline from Iraq to Turkey briefly stopped flows, increasing concerns about an already tight

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Cabinet Approves Determining Subsidized Goods and their Maximum Prices Decision

The Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the Cabinet’s regular meeting held via videoconferencing yesterday. The Cabinet approved a number of decisions on their agenda including: First, a draft cabinet decision on determining subsidized goods, their maximum prices, and the categories of beneficiaries of them. Second, a draft cabinet decision

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Launch of The Initial Phase of FIFA World Cup Qatar 2022 Ticket Sale

The initial phase of FIFA World Cup Qatar 2022 ticket application was launched yesterday, January 19, 2022. During this first sales period, which finishes on 8 February 2022 at 13:00 Doha time. Fans will be able to submit their ticket applications on FIFA Website. All applicants will have an equal opportunity to purchase tickets. It will make no difference whether applications

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Comoros President condemns terrorist Houthi attack on civil facilities in UAE in phone call with His Highness Sheikh Mohamed bin Zayed

Azali Assoumani, President of the Comoros, has reiterated his country’s strong condemnation and denunciation of the attacks, which were carried out by the terrorist Houthi militia on civil facilities in the UAE and led to the death of three civilians and left several injured. In a phone call he made today to His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown

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Asian stock markets follow Wall St up as omicron fears ease

Beijing, Asian stock markets rose Friday after Wall Street hit a new high as fears of the coronavirus’s omicron variant eased. Tokyo, Hong Kong and Sydney advanced. Shanghai declined.   Wall Street’s benchmark S&P 500 index rose 0.6% on Thursday in the last U.S. trading session before Christmas, said an AP report.   Investor anxiety has mounted as omicron spread

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Global airline carriers scrap more than 2,000 flights – FlightAware

Washington, Global airline carriers have canceled more than 2,000 flights so far on Friday, the FlightAware website said, in an indication of how COVID-19 is affecting holiday travel. The website showed that as of 8:20 a.m. Eastern Time (1320 GMT), 2,028 flights around the world had been scrapped, Reuters reported. FlightAware said there had been 448 cancellations within, into, or

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Thailand’s Central retail group, Signa to buy Selfridges

Bangkok, Thailand’s Central Group and Austrian real estate group Signa said Friday they plan to buy luxury British department store chain Selfridges.   The deal, reportedly worth 4 billion pounds ($5.4 billion), adds to Central’s collection of posh retailers that includes Rinascente in Italy, Illum in Denmark, Switzerland’s Globus and The KaDeWe Group in Germany, The Associated Press (AP) reported.

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