Share prices on the two main UAE exchanges rose broadly on Sunday.
The Dubai general index closed up 38.86, or 1.1 per cent, at 3,511.24. The index ran up strongly in spring from a low of just above 2,600 in January but has since been trading between about 3,300 and 3,500, mirroring relatively stable oil prices.
Among stocks in Dubai, Emirates NBD shares closed down 5 fils at Dh8.45. as the bank again issued a statement declining to comment on persistent rumours it is in talks to buy Barclays Egypt assets.
The Emirates NBD chief executive Shayne Nelson told The National in March the bank was interested in expanding in Africa through acquisition, but the lender in June issued a clarifying statement to the exchange declining to comment on a report it was in talks with Barclays. On Sunday, the bank again issued a statement via the stock exchange in relation to a local report that it has teamed up with a Moroccan firm to bid for Barclays Egypt, saying “there is no critical information to be disclosed”.
Elsewhere, property stocks also gained, with Arabtec seeing the heaviest volume on the day and closing up 3.3 per cent at Dh1.54.
In Abu Dhabi, the ADX index was up 0.1 per cent at 4,533.50, with property strong, led by Eshraq Properties, which gained 2.7 per cent to Dh0.74.
RAK Ceramics ended unchanged at Dh3.20 after it reported a sharp drop in quarterly earnings after markets closed last Thursday.
Still, brokers including Nour Eldeen Sherif at Mubasher and Anoop Fernandes at Sico Bahrain maintained their “buy” rating on the firm.
amcauley@thenational.ae
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What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
TICKETS
Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.
UAE currency: the story behind the money in your pockets
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The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
How to help
Donate towards food and a flight by transferring money to this registered charity's account.
Account name: Dar Al Ber Society
Account Number: 11 530 734
IBAN: AE 9805 000 000 000 11 530 734
Bank Name: Abu Dhabi Islamic Bank
To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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Juliot Vinolia’s checklist for adopting alternate-day fasting
- Don’t do it more than once in three days
- Don’t go under 700 calories on fasting days
- Ensure there is sufficient water intake, as the body can go in dehydration mode
- Ensure there is enough roughage (fibre) in the food on fasting days as well
- Do not binge on processed or fatty foods on non-fasting days
- Complement fasting with plant-based foods, fruits, vegetables, seafood. Cut out processed meats and processed carbohydrates
- Manage your sleep
- People with existing gastric or mental health issues should avoid fasting
- Do not fast for prolonged periods without supervision by a qualified expert
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Walls
Louis Tomlinson
3 out of 5 stars
(Syco Music/Arista Records)
The specs: 2018 Nissan Patrol Nismo
Price: base / as tested: Dh382,000
Engine: 5.6-litre V8
Gearbox: Seven-speed automatic
Power: 428hp @ 5,800rpm
Torque: 560Nm @ 3,600rpm
Fuel economy, combined: 12.7L / 100km
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
The design
The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.
More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.
The architecture will control light sources to provide a highly insulated and airtight building.
The forecourt is protected from the sun and the plants will refresh the inner spaces.
A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.
Energy-saving equipment will be used for all lighting and projections.
Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.
Some elements of the metal frame can be prefabricated in a factory.
From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.
Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019.
Construction of the pavilion will take 17 months from May 2019 to September 2020.