UAE stocks rise, Dubai outperforms on first trading day of 2021 ...Egypt

(Reuters) – Stock markets in the United Arab Emirates rose in early trade on Sunday, starting 2021 on a positive note in line with the country’s economic forecast and eclipsing a recent record jump in COVID-19 cases. The International Monetary Fund expects the country’s economy to swing back to growth of 1.3 percent this year from a 6.6 percent contraction in 2020. The UAE recorded its fourth straight record number of daily coronavirus cases since the pandemic began, reporting 1,963 cases on Saturday Dubai’s index gained 0.8 percent, boosted by real estate and banking shares. Emirates NBD increased 1.5 percent, while Emaar Properties led the gains at property stocks, rising 1.1 percent.

Hence then, the article about uae stocks rise dubai outperforms on first trading day of 2021 was published today ( Sunday 03/01/2021 - 05:15 PM ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( UAE stocks rise, Dubai outperforms on first trading day of 2021 )

Last updated : 03 January 2021 clock 05:15 PM

Also on site :

UAE stocks rise, Dubai outperforms on first trading day of 2021 ...Egypt

Warriors Making Important Jonathan Kuminga Decision vs Thunder

Denver homicides fall nearly 50% to 11-year low as overall crime plunges

Country Legends Turned into Meme After Alabama’s Devastating Rose Bowl Defeat

PBF Energy Provides Update on Martinez Refinery Operations and Issues 2026 Annual Guidance Information

Offshore wind companies challenge Trump anti-wind orders

State Parks notes Sable Offshore still needs authorization to restart oil production locally

Tennessee kicker Max Gilbert announces transfer portal plans

Chevy Chase On ‘Community’ N-Word Controversy: “I’m Not Racist”

Gaten Matarazzo Breaks Down His ‘Stranger Things’ Finale Graduation Speech, Eleven’s Fate and Whether He Thought Dustin Might Die: ‘The Point Is the Kids Make It Through’

'Maybe we need boxing gloves' - Unai Emery explains what Aston Villa are doing to combat set piece chaos

Boston Chops closes both locations ‘to make way for new ownership’

Ex-ICE officer pleads guilty to sexually abusing immigrant in custody

Dodgers Trade For Tarik Skubal Could Transpire at Deadline in July

Legendary Supermodel Carol Alt, 65, Is Ageless in a Minidress and Pink Heels in Fun New Year’s Video

Leading political figures respond as Palace Pier put up for sale