Business Blog

Buying support from foreign institutions mainly lifted the Qatar Stock Exchange yesterday after three days of bearish spell, even as its capitalisation continued to erode by another QR8bn.Local retail investors' net buying with less vigour also helped the 20-stock Qatar Index (based on price data) gain 0.4% to 12,677.59 points.

50% of Saudi Arabian and 35% of UAE travellers use smart phones to access online services.

The Royal Court has launched a website to accept complaints against government departments and receive applications for medical assistance.

Real estate participants - buyers, sellers and brokers - will start using the new unified contracts issued by Dubai Land Department (DLD) from today (May 1) onwards - a move aimed to minimize any misrepresentation and misunderstanding between any of the parties.

The Ministry of Foreign Affairs has called U.A.E. citizens wishing to travel abroad for tourism, study and medical treatment, mainly those heading to the UK, to take into consideration a set of important measures for their own safety.

Hotels in Abu Dhabi saw occupancy climb to 79 per cent during the first quarter of the year as 834,771 guests checked in, marking a 32 per cent increase over the same period in 2013, the Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) said on Wednesday.