Israeli Prime Minister Benjamin Netanyahu’s office said on Thursday that the head of the Israeli Foreign Intelligence Service (Mossad) He will travel to Doha on Sunday to try to resume talks aimed at reaching an agreement under which the hostages held in the Gaza Strip will be released.
Netanyahu’s office explained that Mossad Chief David Barnea will meet with CIA Director William Burns and the Qatari Prime Minister.
Dubai’s main index closed trading up 0.3 percent, led by gains in shares of the industrial and utilities sectors.
The shares of Salik Company, which operates the toll gates, rose 1.1 percent, and the shares of Parkin Company jumped 3 percent.
Emirates NBD Bank shares rose 0.3 percent, and state-owned Dubai Electricity and Water Authority (DEWA) shares gained 0.4 percent.
Ahmed Najm, head of market research for the Middle East and North Africa region at In the region, according to Reuters.
The Abu Dhabi index rose 0.1 percent, with the shares of Abu Dhabi Commercial Bank, the third largest bank in the UAE, advancing 1.1 percent, and the shares of Gulf Pharmaceutical Industries (Julphar) jumping 14.4 percent.
Easy Lease Motorcycle Rental shares gained 6.4 percent, as the company’s net profit in the third quarter rose 69 percent on a quarterly basis to 7.6 million dirhams ($2.07 million).
And it rose Oil priceswhich is a major driver in the Gulf economy, rose 0.8 percent to $74.98 a barrel by 1130 GMT.
The Dubai index continued its gains for the third week in a row, ending the week up 0.2 percent, while the Abu Dhabi index recorded weekly losses amounting to 0.9 percent, according to data collected by the London Stock Exchange Group.