Abu Dhabi investors showed particular interest in property stocks ahead of today's National Day holiday.
The Abu Dhabi Securities Exchange (ADX) General Index closed 0.4 per cent higher at 2,740.85 yesterday, reversing intraday losses.
"There was a large transaction made on Qatar Telecom [Qtel] that managed to push the index down during the first half of the trading session, but trading activity on Abu Dhabi property stocks managed to take the index into the green," said Alfred Fayek, the head of MENA institutional equity sales at EFG-Hermes's brokerage in Dubai.
Qtel, which has a dual listing in Abu Dhabi and Qatar, declined 3.7 per cent to Dh180 a share in Abu Dhabi.
Aldar Properties rose 1.8 per cent to Dh2.25, Sorouh Real Estate advanced 1.2 per cent to Dh1.67, and RAK Properties was up 2.2 per cent to 46 fils.
The Dubai Financial Market (DFM) General Index rose 1.1 per cent to 1,687.92. Dubai Investmentsrose 0.8 per cent to 81 fils a share. Arabtec Holding, based in Dubai, rose 2.2 per cent to Dh1.86. DFM Company, the only publicly traded bourse in the Arab world, rose 2.6 per cent to Dh1.56.
The DFM and the ADX will be closed today and will resume trading on Monday.
The euro rose against the US dollar for the first time in a week, by 0.07 per cent to 1.30, on speculation that European policymakers would agree on further steps to contain the euro-zone debt crisis.
Elsewhere in the region, Kuwait's index declined 0.5 per cent to 6,850.50, and Bahrain's was down 0.2 per cent to 1,434.12.
Oman's bourse rose 0.7 per cent to 6,638.53, and Qatar's slipped 0.1 per cent to 8,129.67. The Saudi Tadawul All-Share Index rose 0.42 per cent to 6,344.88.
COMPANY%20PROFILE
The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms.
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
The specs
Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
COMPANY%20PROFILE%20
UAE%20medallists%20at%20Asian%20Games%202023
A%20Little%20to%20the%20Left
RESULT
Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')
'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
Manchester United v Liverpool
Premier League, kick off 7.30pm (UAE)
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
Company%20Profile
COMPANY PROFILE
Kanguva
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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The 12
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The Beach Bum
Director: Harmony Korine
Stars: Matthew McConaughey, Isla Fisher, Snoop Dogg
Two stars
While you're here
MATCH INFO
Chelsea 1 (Hudson-Odoi 90 1')
Manchester City 3 (Gundogan 18', Foden 21', De Bruyne 34')
Man of the match: Ilkay Gundogan (Man City)
While you're here
Joyce Karam: Chaotic first debate unlikely to swing undecideds
Hussein Ibish: Donald Trump's 3-step plan to cling to power
Sulaiman Hakemy: Make America lose again
More from David Lepeska
Star%20Wars%3A%20Episode%20I%20%E2%80%93%20The%20Phantom%20Menace
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
Company%20Profile
BELGIUM%20SQUAD
Habtoor interview
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Wicked
Law%2041.9.4%20of%20men%E2%80%99s%20T20I%20playing%20conditions
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Super heroes
Iron Man
Reduced risk of dementia
Alcohol consumption could be an issue
Hulk
Cardiac disease, stroke and dementia from high heart rate
Spider-Man
Agility reduces risk of falls
Increased risk of obesity and mental health issues
Black Panther
Vegetarian diet reduces obesity
Unknown risks of potion drinking
Black Widow
Childhood traumas increase risk of mental illnesses
Thor
He's a god