Property and constructions stocks were unable to sustain higher prices during the first half of the trading session due to technical resistance, a fund manager said.
In Dubai, Arabtec Holding closed 1.9 per cent higher to Dh1.54 a share. Earlier, shares rose as much as 6 per cent on speculation that the Dubai contractor may be awarded contracts from Saudi Arabia's spending package, introduced on the weekend, which included the construction of 500,000 unit, worth $66.7 billion
"There was speculation about stocks which have exposure in Saudi Arabia that may benefit from the announcement, but the market seems to be facing resistance now," said Haissam Arabi, the chief executive of Gulfmena Alternative Investments in Dubai.
Emaar Properties added 1.6 per cent to Dh3.00 a share. Drake and Scull added 0.9 per cent to Dh1.03.The Dubai Financial Market General Index rose 0.9 per cent to 1521.10.
Aldar Properties, listed in Abu Dhabi, rose 6.6 per cent to Dh1.45. Sorouh Real Estate added 4.5 per cent to Dh1.43. The Abu Dhabi Securities Exchange General Index added 0.6 per cent to 2630.15 points.
Elsewhere in the region, Kuwait's measure added 0.2 per cent to 6330.30. Bahrain's index added 0.7 per cent to 1410.84. Oman's benchmark added 0.4 per cent to 6393.62. The Saudi Tadawul All-Share Index added 0.5 per cent to 6389.85.
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
RESULT
Liverpool 4 Southampton 0
Jota (2', 32')
Thiago (37')
Van Dijk (52')
Man of the match: Diogo Jota (Liverpool)
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
RACE SCHEDULE
All times UAE ( 4 GMT)
Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm
Saturday, September 30
Qualifying: 1pm - 2pm
Sunday, October 1
Race: 11am - 1pm
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