Arabtec Holding, the country's biggest publicly traded construction company rose the most in a month after announcing the appointment of a chief executive officer for its subsidiary.
Shares of Arabtec rose 3 per cent to Dh1.68 at 10:30am, the most since February 15. The company appointed Grigoris Christofides to head Arabtec Construction.
Dubai's benchmark, the Dubai Financial Market General Index was up 1.3 per cent to 1574.32 points. Abu Dhabi's main measure, the Abu Dhabi Securities Exchange General Index was up 0.4 per cent to 2644.61.
Elsewhere in the region, Kuwait and Bahrain's measures were flat at 6285.20 points and 1422.57 points respectively. Oman's index was up 0.2 per cent to 6415.19. The QE Index was up half a per cent to 8353.06.
The Saudi Tadawul traded 2.2 per cent higher to 6506.01 yesterday.
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Understand What Black Is
The Last Poets
(Studio Rockers)
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
The Saudi Cup race card
1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000
2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000
3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000
4 The Saudi Derby (TB) 1600m (D) $800,000
5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000
6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000
7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000
8 The Saudi Cup (TB) 1,800m (D) $20,000,000
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