#Market

oil-big7

US elections: Gold drops, oil rises as results show tight race

Markets have been volatile during the final weeks of the campaign as investors fretted over the potential for a contested outcome

Saudi Aramco maintains dividend despite 45% slump in profit

Income still increased for the first time in five quarters as oil prices steadied

Dubai Autodrome

Union Properties receives Dhs400m offer for a 40% stake in Dubai Autodrome

The company said its board will also discuss the acquisition of other investment real estate assets in the UAE

Mideast equity markets mixed with oil prices in focus

Kuwait’s main equity index led losses in the region

Ajman fire

Massive fire breaks out at Ajman market

Investigations are currently underway into the cause of the fire

Webinar: Investing during the current Covid-19 crisis – Century Financial Dubai

While there remain pockets of opportunity, investors should ensure they have sufficient liquidity right now, stresses Vijay Valecha, chief investment officer at Century Financial  

Oil output freeze by Saudi, Russia to have 'miniscule' impact on oversupply

Global oil market will return to surplus in early 2017 – IEA

The agency said demand growth in 2017 is likely to be flat at around 1.3 million barrels per day

Precious Gold Steady; Platinum Discount At Record

Gold edged up on Monday, extending its winning streak into a seventh session as expectations rose of more stimulus measures from central banks around the world.