Dubai Financial Market Company was the top gainer as markets opened as the Arab world's only listed exchange benefited from the UAE regulator's decision to extend margin trading services to all publicly listed companies.
The UAE regulator, the Securities and Commodities Authority has said it lifted the restrictions for companies on the country's two main bourses to trade on margin.
Margin trading allows a trader to borrow money from a broker to buy a stock, using other stocks as collateral. It is considered a risky form of investing that can result in sharp swings.
Shares in DFM Company rose 1.3 per cent to Dh1.51.
But property stocks struggled to pick up in early trading as Deyaar Development lost 1 per cent to 30 fils and Union Properties slumped 1.3 per cent to 37 fils.
Arabtec, the building contractor, was flat at Dh2.00.
The real estate sector did not fare much better in Abu Dhabi, after Sorouh Real Estate lost 0.6 per cent Dh1.63 and Rak Properties retreated 2.2 per cent to 45 fils.
Aldar Properties bucked the trend and moved 0.4 per cent higher to Dh2.31.
The Dubai Financial Market (DFM) General Index crept up 0.09 per cent to 1,633.86 points but the Abu Dhabi Securities Exchange dropped 0.6 per cent to 2,701.25 points.
Asian stocks rose on higher prices for commodities and as military tensions eased on the Korean peninsula. The MSCI Asia Pacific Index increased 1 per cent to 134.76 points.
Oil rose to $89.77 a barrel in New York, touching a two-week high, on speculation US economic growth will accelerate next year, bolstering demand in the world's biggest crude consuming country.
Veil (Object Lessons)
Rafia Zakaria
Bloomsbury Academic
INFO
Everton 0
Arsenal 0
Man of the Match: Djibril Sidibe (Everton)
THREE
%3Cp%3EDirector%3A%20Nayla%20Al%20Khaja%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Jefferson%20Hall%2C%20Faten%20Ahmed%2C%20Noura%20Alabed%2C%20Saud%20Alzarooni%3C%2Fp%3E%0A%3Cp%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)
Date started: August 2021
Founder: Nour Sabri
Based: Dubai, UAE
Sector: E-commerce / Marketplace
Size: Two employees
Funding stage: Seed investment
Initial investment: $200,000
Investors: Amr Manaa (director, PwC Middle East)
Tell-tale signs of burnout
- loss of confidence and appetite
- irritability and emotional outbursts
- sadness
- persistent physical ailments such as headaches, frequent infections and fatigue
- substance abuse, such as smoking or drinking more
- impaired judgement
- excessive and continuous worrying
- irregular sleep patterns
Tips to help overcome burnout
Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’
Do activities that you want to do as well as things you have to do
Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones
Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation
Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Karwaan
Producer: Ronnie Screwvala
Director: Akarsh Khurana
Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar
Rating: 4/5
Disability on screen
Empire — neuromuscular disease myasthenia gravis; bipolar disorder; post-traumatic stress disorder (PTSD)
Rosewood and Transparent — heart issues
24: Legacy — PTSD;
Superstore and NCIS: New Orleans — wheelchair-bound
Taken and This Is Us — cancer
Trial & Error — cognitive disorder prosopagnosia (facial blindness and dyslexia)
Grey’s Anatomy — prosthetic leg
Scorpion — obsessive compulsive disorder and anxiety
Switched at Birth — deafness
One Mississippi, Wentworth and Transparent — double mastectomy
Dragons — double amputee