Inflationary concerns and continued civil unrest in Bahrain, Yemen and Iran caused a surge in commodities.
Gold rose the most in almost four weeks after China's statistic bureau reported that consumer prices rose 4.9 per cent in January from a year earlier. The bullion, traded on the London Metals Exchange, gained as much as 0.8 per cent to $1372.98 an ounce, the highest since January 19.
Brent Crude added as much as 0.9 per cent fuelled by protests in Iran, Opec's second largest producer after Saudi Arabia, in addition to demonstrations in Bahrain and Yemen. Crude futures for April rose to $103.08, the highest settlement since September 2008.
The Abu Dhabi Securities Exchange General Index gained 0.1 per cent to 2715.91. Traded value on the Abu Dhabi bourse reached Dh79.1 million.
Dana Gas, the gas explorer and producer, declined 1.4 per cent to 69 fils. Aldar Properties declined 1.1 per cent to Dh1.80. Sorouh Real Estate lost 1.5 per cent to Dh1.30.
The Dubai Financial Market General Index rose 0.5 per cent to 1615.82. Air Arabia, which added 0.4 per cent to 84 fils, was the most actively traded stock on the Dubai bourse. Drake and Scull International, the second biggest contractor in Dubai, declined 0.8 per cent to Dh1.13.
Elsewhere in the region, Kuwait's measure declined 0.1 per cent to 6651.40. Bahrain's index added 0.1 per cent to 1470.12. Oman's bourse remained flat at 6994.92. Qatar's measure gained 0.5 per cent to 8981.10. The Saudi Tadawul All-Share Index lost 0.2 per cent to 6606.05.
COMPANY PROFILE
Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others
On the menu
First course
▶ Emirati sea bass tartare Yuzu and labneh mayo, avocado, green herbs, fermented tomato water
▶ The Tale of the Oyster Oyster tartare, Bahraini gum berry pickle
Second course
▶ Local mackerel Sourdough crouton, baharat oil, red radish, zaatar mayo
▶ One Flew Over the Cuckoo’s Nest Quail, smoked freekeh, cinnamon cocoa
Third course
▶ Bahraini bouillabaisse Venus clams, local prawns, fishfarm seabream, farro
▶ Lamb 2 ways Braised lamb, crispy lamb chop, bulgur, physalis
Dessert
▶ Lumi Black lemon ice cream, pistachio, pomegranate
▶ Black chocolate bar Dark chocolate, dates, caramel, camel milk ice cream
THE SPECS
Battery: 60kW lithium-ion phosphate
Power: Up to 201bhp
0 to 100kph: 7.3 seconds
Range: 418km
Price: From Dh149,900
Available: Now
Top 10 most competitive economies
1. Singapore
2. Switzerland
3. Denmark
4. Ireland
5. Hong Kong
6. Sweden
7. UAE
8. Taiwan
9. Netherlands
10. Norway
SECRET INVASION
Director: Ali Selim
Stars: Samuel L Jackson, Olivia Coleman, Kingsley Ben-Adir, Emilia Clarke
Rating: 3/5
'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
What to watch out for:
Algae, waste coffee grounds and orange peels will be used in the pavilion's walls and gangways
The hulls of three ships will be used for the roof
The hulls will painted to make the largest Italian tricolour in the country’s history
Several pillars more than 20 metres high will support the structure
Roughly 15 tonnes of steel will be used
Abu Dhabi Sustainability Week
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
Dengue fever symptoms
- High fever
- Intense pain behind your eyes
- Severe headache
- Muscle and joint pains
- Nausea
- Vomiting
- Swollen glands
- Rash
If symptoms occur, they usually last for two-seven days
Specs: 2024 McLaren Artura Spider
Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now
A QUIET PLACE
Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou
Director: Michael Sarnoski
Rating: 4/5
match info
Chelsea 2
Willian (13'), Ross Barkley (64')
Liverpool 0
COMPANY PROFILE
Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends
Off-roading in the UAE: How to checklist
The specs
Common to all models unless otherwise stated
Engine: 4-cylinder 2-litre T-GDi
0-100kph: 5.3 seconds (Elantra); 5.5 seconds (Kona); 6.1 seconds (Veloster)
Power: 276hp
Torque: 392Nm
Transmission: 6-Speed Manual/ 8-Speed Dual Clutch FWD
Price: TBC
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
The specs
Engine: 1.8-litre 4-cyl turbo
Power: 190hp at 5,200rpm
Torque: 320Nm from 1,800-5,000rpm
Transmission: Seven-speed dual-clutch auto
Fuel consumption: 6.7L/100km
Price: From Dh111,195
On sale: Now
Brolliology: A History of the Umbrella in Life and Literature
By Marion Rankine
Melville House