Media In / Agencies 02-01-2019 Strong buying by foreign and Egyptian mutual funds and financial institutions, with a view to opening new financial centers, prompted Egypt’s stock indexes to rally massively today. The main market index, EGX30, rose 1.29% to record 13,204.37 points. The index of small and medium-sized shares …
Read More »A delegation of businessmen and investors visiting the port of “Gwadar” Pakistan
Media In / Agencies 02-01-2019 A delegation of Saudi businessmen, investors and members of the Kingdom’s Chambers of Commerce and Industry visited the Pakistani port of Gwadar, which is the focal point of the Pakistan-China Economic Corridor project. The delegation was briefed on the potential and investment opportunities available in …
Read More »Egypt Increases Liquefied Gas Exports
Media In / Agencies 02-01-2019 Egypt is currently exporting 520 million cubic feet per day of LNG through the Edco Liquefaction Complex, compared to 300 million cubic feet per day in early 2018, an official with Egypt’s Ministry of Petroleum and Mineral Resources said. “We are currently exporting LNG out …
Read More »Public transport in Dubai transported 2 million passengers on New Year’s Eve
Media In \wam 01-01-2019 The Roads and Transport Authority (RTA) announced that the number of users of mass transit during the celebration of the New Year 2019 reached 2 million and / or 100 thousand passengers, up 10% of the total number of passengers during the same period last year. …
Read More »73.6billion dirhams the volume of government spending on community development within 9 months
Media In / WAM 01-01-2019 Total government spending in the UAE reached AED 73.6 billion in subsidies, social benefits and grants during the first nine months of 2018, exceeding AED 73.3 billion spent in 2017. According to data released by the Ministry of Finance on state-level financial performance – federal …
Read More »America and China vow to enhance trade cooperation
Media In / Agencies 01-01-2019 The Chinese and US presidents exchanged letters pledging to strengthen cooperation despite a sharp trade dispute between China and the United States on the 40th anniversary of the establishment of diplomatic ties between the two countries, according to official Chinese media. Tension between Beijing and …
Read More »Pakistani stocks close higher
Media In / Agencies 01-01-2019 The index of Karachi Stock Exchange, the largest stock market in Pakistan today, rose by 2.51 points, or 929, at 37995 points. The volume of trading was 6,347,000 shares executed in 323 transactions, during which the market capitalization of shares of 207 companies, and the …
Read More »Sultan of Oman to approve the budget of 2019
Media In / Agencies 01-01-2019 Oman’s Sultan Qaboos bin Said has issued a decree authorizing the ratification of the state budget for fiscal year 2019, Oman News Agency reported. The total revenues estimated for the state budget for 2019, calculated based on the price of oil (58) US dollars per …
Read More »The crossing of 57 ships to the Suez Canal with a load of 3.2 million tons
MediaIn / Agencies 31-12-2018 The Suez Canal has crossed the Suez Canal today in both directions, carrying 57 ships with loads of 3 million and 200 thousand tons. The navigation statistics issued by the Suez Canal Authority indicate that 33 ships have crossed the northern convoy with tonnage of 1 …
Read More »The Saudi index closed at 7826.73 points
Media In / Agencies 12-31- 2018 The index of major Saudi stocks closed today, up 16.96 points to close at 7826.73 points, and trades worth more than 1.9 billion riyals. More than 75,000 shares were traded, with more than 80,000 shares being traded, with 65 companies posting gains, while 109 …
Read More »