Shares opened at Dh1.48 a share at ADX against a trading reference price of Dh0.37
markets3 hours ago
The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured by criminals, with most of the 19 nations in the currency bloc to halt issuing them next month.
"As of 27 January 2019, 17 of the 19 national central banks in the euro area will no longer issue 500-euro banknotes," the European Central Bank said.
However, Austria and Germany will both continue printing the banknotes until April 26 "in order to ensure a smooth transition and for logistical reasons", the ECB said.
The 500-euro notes in circulation remain legal tender and can be used to make payments.
According to ECB statistics, 500-euro bills account for just 2.4 per cent of the total number of banknotes in circulation, but a little over 20 per cent of the total value. At the end of November there were 521 million of the banknotes in circulation.
The 500-euro banknotes were actually last printed in 2014, with demand satisfied since from stocks.
Shares opened at Dh1.48 a share at ADX against a trading reference price of Dh0.37
markets3 hours ago
'My heart has shattered into a million pieces,' said his mother, who was called on Thursday to identify the body
uae3 hours ago
By actively considering the ethical implications of AI, Sangarsu is working towards creating a future where AI benefits society
kt network3 hours ago
India will begin their campaign against Ireland in New York on June 5 and also face arch-rivals Pakistan, the United States and Canada in Group A
cricket3 hours ago
The event also spotlighted prominent Indian leaders in various sectors, showcasing their impact on the UAE and India
kt network3 hours ago
Being prepared is critical and key to mitigating any hazards
weather4 hours ago
Regional carriers also reported the strongest growth at 19.9% year-on-year
aviation4 hours ago
Sharjah Children’s Reading Festival welcomes 260 guests representing 25 countries and 186 publishers
uae4 hours ago