Dubai: Abu Dhabi s main stock index jumped to a record on Sunday, even amid heightened tensions in the region, as the benchmark s biggest member surged on hopes of foreign inflows.
The ADX General Index climbed as much as 2.1% boosted by First Abu Dhabi Bank PJSC, the biggest lender in the UAE. The stock surged as much as 5.8% after MSCI Inc. last week announced a quarterly review that could trigger about $500 million in flows from abroad.
Shares in Oman also gained while those in Dubai slid. Stock markets in Saudi Arabia, Qatar, Kuwait, Bahrain, Egypt and Israel are closed for holidays.
Thousands of people gathered yesterday in the Imam Muhammad bin Abdulwahhab Mosque square to express solidarity with Palestinian people against Israeli aggression.
Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman Al Thani met yesterday with the Head of the Political Bureau of the Islamic Resistance Movement (Hamas) Dr. Ismail Haniyeh, who is currently visiting the country.
OIC warns against dangerous effects of Israel s provocation of Palestinians
Pakistan
Sun, May 16, 2021
The Organisation of Islamic Cooperation (OIC) on Sunday strongly condemned barbaric Israeli attacks on Palestinians and warned about dangerous consequences of the deliberate inflammation of religious sensibilities and provocation of Palestinians and the Islamic Ummah.
A virtual meeting of the Ministerial Executive Committee of the OIC was held in which the forum adopted a resolution to discuss the aggression by Israel, the occupying power, in the Palestinian territories, in particular, Al-Quds Al-Shareef (East Jerusalem) .
In a statement following the meeting, OIC said that it had decided to renew its rejection and condemnation of the ongoing Israeli settlement, colonisation of, and establishment of apartheid system in the occupied Palestinian territories.
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