Property companies led the Dubai's stock market yesterday after Majid Al Futtaim Holding said profit rose 21 per cent last year from malls and hotels as tourists flooded the country following the Arab Spring.
Emaar Properties, the biggest developer in the region that manages the Dubai Mall, rose 3.2 per cent to Dh2.54 a piece. Majid Al Futtaim, which is not publicly listed, said operating profit reached Dh2.7 billion from major retail and hotel developments such as Mall of the Emirates. The DFM General Index added 1.5 per cent to 1361.24 points.
The Abu Dhabi Securities Exchange General Index added 0.3 per cent to 2359.75 points.
Elsewhere in the region, Kuwait's index added 0.4 per cent to 5812.10 points. Bahrain's measure gained 0.3 per cent to 1144.91 points. Oman's MSM 30 Index was unchanged at 5593.63 points. Qatar's QE Index slipped 0.2 per cent to 8391.82 points. The Saudi Tadawul All-Share Index added 0.1 per cent to 6473.02 points.
halsayegh@thenational.ae
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
The stats
Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
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Roger Federer's 2018 record
Australian Open Champion
Rotterdam Champion
Indian Wells Runner-up
Miami Second round
Stuttgart Champion
Halle Runner-up
Wimbledon Quarter-finals
Cincinnati Runner-up
US Open Fourth round
Shanghai Semi-finals
Basel Champion
Paris Masters Semi-finals
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
