Abu dhabi: In a new milestone that reinforces its position as one of the region’s leading developers, United Development Company (UDC), the master developer of The Pearl and Gewan Islands, announced that it has won two prestigious accolades at the

Doha: Oil prices closed higher on Monday: Brent crude futures gained 79 cents, or 1.27 percent, to settle at $63.17 a barrel. US West Texas Intermediate crude futures rose 77 cents, or 1.32 percent, to $59.32 a barrel at settlement.

Doha: European stock indices closed lower Monday. The pan-European Stoxx 600 index ended trading down 0.2 percent at 575.27 points, after posting gains for the fifth consecutive month in November. According to Qatar News Agency, industrial stocks led the losses,

New york: Major US stock indexes closed lower at the end of trading Monday on Wall Street. According to Qatar News Agency, the S and P 500 lost 36.46 points, or 0.53%, to 6,812.63 and the Nasdaq Composite lost 89.76