MEDIA IN \ Agencies 07 -01-2019 The Central Bank of Jordan (CBJ) confirmed the strong monetary conditions in Jordan, with the balance of the Bank’s total reserves exceeding US $ 13.4 billion. “The Jordanian banking system is sound and robust and able to withstand the high shocks and risks as …
Read More »Gold Climbing With Dollar Decline
07-01-2019 MEDIA IN AGENCIES Gold prices rose, supported by the dollar’s fall on expectations that the Federal Reserve may slow monetary policy tightening in 2019, but improved investor appetite for risk has curbed yellow gains from a safe haven. The price of palladium in spot transactions is still slightly higher …
Read More »The Saudi Stock Exchange closed at 7932.24 points
Media IN / Agencies 06 -01-2019 The index of major Saudi shares closed today, up 101.77 points to close at 7932.24 points, and trades worth more than 2.7 billion riyals. More than 98 million shares were traded in more than 84,000 shares, with 104 companies posting gains, while 59 stocks …
Read More »Bahrain’s general and Islamic indices are closing higher
Media IN / Agencies 06 -01-2019 Bahrain General Index closed today at 1,330.76, up 5.00 points from the previous close, and the Bahrain Islamic Index closed at 816.24, up 22.47 points from its previous close. The volume of traded shares amounted to 2, 395 thousand and 800 shares with a …
Read More »The Egyptian stock exchange is gaining 3.4 billion pounds and its index rises at the close of trading
MEDIA IN \ Agencies 06-01-2019 The Egyptian stock exchange index recorded mixed performance at the close of trading today, amid a state of cautious calm on the part of investors in selling and buying as a result of the restructuring of the financial portfolios at the beginning of the new …
Read More »Islamic Economics Institute holds a course in the basics of Islamic banking
MEDIA IN \ Agencies 06-01-2019 The Institute of Islamic Economics, King Abdulaziz University, held a training session in “Fundamentals of Islamic Banking” at the headquarters of the Financial Institute of the Saudi Arabian Monetary Agency. The session, which targeted the employees of the banking sector, comes within the framework of …
Read More »Completion of the Fujairah Business Center project in June 2020
Media IN 05-01-2019 \ WAM Dubai Investments has announced that work on the AED 460 million Fujairah Business Center project has been completed by 20.5 per cent and construction work on the project is progressing rapidly in June 2020 ahead of schedule. The total area of the Fujairah Business Center …
Read More »Egypt: promising figures for telecommunications and information technology in 2018
MEDIA IN \ Agencies 05-01-2019 Egypt’s GDP growth rate for the ICT sector in 2018 increased by 14 percent, reaching 80 billion pounds during the fiscal year 2017-2018 compared to 70 billion pounds during the fiscal year 2016-2017. Investments in the sector jumped by 38 percent, with investments reaching 21.8 …
Read More »Oil prices record a jump in the first week of 2019
Media In-Agencies 04-01-2019 Oil prices hit $ 85 a barrel on Friday, with an increase of more than $ 2, as black gold received support from the Beijing-Washington trade talks and a drop in supplies in the United States. A survey showed that the Organization of the Petroleum Exporting Countries …
Read More »Iraq confirms its commitment to reduce oil production
Media In-Agencies 04-01-2019 Iraq on Friday reiterated its commitment to the Organization of Petroleum Exporting Countries (OPEC) agreement to cut oil production, stressing that it will keep crude production at 4.513 million bpd in the first half of 2019. Iraqi Oil Minister Thamir al-Ghadhban said in a statement that he …
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