UAE markets opened in negative territory in early trading as property stocks continued to drag down shares this morning.
The Dubai Financial Market (DFM) General Index fell 0.2 per cent to 1,698.63 points and the Abu Dhabi Securities Exchange Index slipped 0.08 per cent to 2,740.46 points.
Emirates NBD led declines in Dubai as shares dropped 1.8 per cent to Dh3.21.
Other losers on the exchange were Dubai Investments Company, which fell 1.08 per cent to Dh0.91 and Aramex, which lost 1.5 per cent to Dh2.01.
In Abu Dhabi, property shares continued to weigh on the exchange as Aldar fell 0.43 per cent to Dh2.3 and Arkan reversed yesterday’s gains to fall nearly 2 per cent to Dh2.03.
But banking stocks in the Emirate fared better and National Bank of Abu Dhabi rose 1.23 per cent to Dh12.3.
farah.halime@thenational.ae
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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