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Media In \ Agencies 23-12-2018 Iraqi Oil Minister Thamir al-Ghadhban said he expected oil prices to “improve” early next year, with OPEC’s decision to cut output and independent producers earlier this month. “There is not much stock left in the market, so we are optimistic that this rapid decline will …

Media In / Agencies 22-12-2018 Egyptian President Abdel Fattah Al-Sisi expressed appreciation for the constructive cooperation between the IMF and the Egyptian government to implement the comprehensive economic reform program, stressing his keenness to continue cooperation with the Fund in this regard. This came during a telephone conversation today between …

Media in Abu Dhabi 21-12-2018 The United Arab Emirates (UAE) has announced its intention to deposit US $ 3 billion (11 billion dirhams) in Pakistan’s central bank to support Pakistan’s fiscal and monetary policy, the UAE’s WAM news agency reported Friday. The Abu Dhabi Fund for Development said in a …

Media In \ Agencies 20-12-2018 The Suez Canal has crossed 34 vessels of different nationalities in both directions with a total tonnage of 1,900,000 tons. According to the Suez Canal Authority, 19 vessels crossed the sea in the North Sea, bound for the Red Sea with a tonnage of 1,100,000 …

Media In Dubai 20-12-2018 UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, received at Dubai International Airport on Thursday “the billionth traveler”. “When Dubai is an airport for 1 billion people, we know we have come to a new station,” Sheikh …

Media In \ Agencies 20-12-2018 The Bank of England’s monetary policy committee voted unanimously to keep the official interest rate unchanged at 0.75 percent. The bank said in an official statement today that it expected the country’s growth rate to slow to 0.2 percent instead of the previous estimate of …

Media In \ Agencies 20-12-2018 The dollar fell to a 10-day low on Thursday against rivals as concerns over the United States were in the throes of a sharp economic slowdown next year despite the Federal Reserve raising its benchmark interest rate for the fourth time this year. Although US …

Media In \ Agencies 20 -12- 2018 The Muscat Securities Market index closed at 4336.84 points, up 0.05 points from the last session of 4336.79. Turnover stood at 962 thousand and 57 riyals at a rate of 68.52 percent compared to the last trading session of 3, 55 thousand and …

Media IN-12-2018 Oil prices offset some losses on Wednesday as global stock markets showed signs of stability, but crude remained under pressure from supply worries and the global economic slowdown, which has caused severe losses over the last three sessions. WTI crude futures were up 7 cents, or 0.15 percent, …

Media In-Agencies 19-12-2018 The index of the Karachi Stock Exchange, the largest stock market in Pakistan, closed today, down 0.14% or 52% to close at 38063 points. A total of 7042,387 shares were traded in 327 transactions. The market capitalization of 112 companies rose, 185 companies declined and 30 companies …