Media In – Agencies 16-12-2018 The Jordanian Stock Exchange closed today, up 0.99 percent, at 1829.20 points. The total volume traded was about JD 6.8 million, with 3.1 million shares traded through 1,216 transactions
Read More »Saudi stock market closed lower
Media In-Agencies 16-12-2018 The index of major Saudi shares closed today, down 6.22 points to close at 7908.07 points, and trades worth more than 2.5 billion riyals. The number of shares traded was more than 135 million shares, which were shared by more than 109 thousand transactions in the shares …
Read More »Crossing 47 ships of the Suez Canal
Media In-Agencies 16-12-2018 The Suez Canal has reached 47 vessels with loads of 3 million and 500 thousand tons. The Suez Canal Authority said in a statement that the convoy of the North included 27 ships with loads of 1 million and 800 thousand tons, pointing out that the convoy …
Read More »The train connecting the continent of Africa is nearby
Media IN Agency 16-12-2018 Russia is likely to participate in the construction of a railway linking the African continent, according to the minutes of the meeting of the joint government committee between Russia and Sudan. According to the agency, the pipeline will extend from Dakar to Port Sudan and Cape …
Read More »SABIC and the Social Development Bank sign a cooperation agreement
Media In 16-12-2018 The Social Development Bank (SABIC) and Saudi Basic Industries Corporation (SABIC) signed a cooperation agreement to provide financing support to small industrial enterprises through opportunities under the “NSAND” initiative. Priority in the Kingdom. The agreement aims to provide a range of financing products and non-financial services to …
Read More »Kuwait allows foreign investors to own and trade bank shares
MediaIN gencies 16-12-2018 Kuwait’s Minister of Trade and Industry Khalid Al-Rowdan on Saturday issued a decree allowing foreign investors to own and trade Kuwaiti banks without a cap for ownership, the official KUNA news agency reported. The procedure requires the approval of the Central Bank of Kuwait, if the ownership …
Read More »US stocks close higher
12-13-2018 Media In – Agencies US stocks closed higher today. The Dow Jones industrial average <.DJI> was up 157.03 points, or 0.64 percent, to 24527.27. The benchmark S & P 500 index gained 14.29 points, or 0.54 percent, to 2,551.07. The Nasdaq Composite Index gained 66.48 points, or 0.95 percent, …
Read More »Oil prices are rising with signs of easing US-China trade tensions
Media In\Agencies 13-12-2018 Oil prices rose today, supported by a drop in US crude inventories and signs of a US-China trade war. Brent crude futures were $ 60.36 a barrel, up 21 cents, or 0.4 percent, from the previous close. West Texas Intermediate crude futures were $ 51.25 a barrel, …
Read More »CBB Launches Interbank Purchase Repurchase Tool
MediaIn \ Agencies 10-12-2018 The Central Bank of Bahrain (CBB) said on Sunday it had launched a repurchase tool to help local banks manage their liquidity. The CBB said in a statement that the inter-bank repurchase instrument covers traditional government securities denominated in Bahraini dinar. He added that the move …
Read More »Gold settles near its peak in 5 months
Media In 10-12-2018 Gold prices have stabilized after touching a new five-month high early in the session as the dollar weakened after weak US jobs data boosted speculation that the Federal Reserve may stop raising interest rates sooner than expected. . The spot price of gold stood at $ 1247.99 …
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