Media IN – New York 21-06-2018 The New York State Financial Services Department said it would fined Germany’s Deutsche Bank more than $ 205 million for foreign exchange fraud. These violations involve improperly coordinating business with other financial institutions to enhance the Bank’s profits, according to the management statement. The …
Read More »(Morgan Stanley International) to inspire Saudi Arabia into emerging markets)
Media IN – Riyadh 21 \ 06 \ 2018 Morgan Stanley International (MSCI) said on Wednesday it would list Saudi Arabia in its Emerging Markets Index. Saudi Arabia’s Minister of Trade and Investment, Majid Bin Abdullah Al Qassabi, said that the listing of the MSCI Saudi market in the emerging …
Read More »The London Stock Exchange is ending higher
Media IN – London 20 \ 06 \ 2018 The London Stock Exchange (FTSE 100) finished the day higher. The index of the top 100 companies on the London Stock Exchange closed up 0.31%, or 23.55 points, at 7627.40.
Read More »Algeria recorded a decline in the trade deficit during the past five months
MediaIn – Algeria 20 June 2018 Algeria’s trade deficit registered a decline of 63.7% during the first five months of this year, with a deficit of US $ 1,718 billion compared to US $ 4,734 billion for the same period last year. The Algerian customs said in a statement that …
Read More »Fitch Ratings praises Abu Dhabi’s recent stimulus measures
Media IN Abu Dhabi 19 \ 06 \ 2018 Fitch Ratings said that Abu Dhabi’s recent 50 billion dirham economic stimulus measures will not affect its credit rating under Abu Dhabi’s financial and economic power and balance global oil prices for the emirate’s budget and revenues. The agency pointed out …
Read More »Trump threatens China with $ 200 billion in measures
Media IN/ Agencies 19 \ 06 \ 2018 US President Donald Trump said on Monday evening that he planned to impose 10 percent customs duties on the $ 200 billion a year of Chinese imports. The move comes in response to Beijing’s “rejected” measures following a first US tax increase …
Read More »Tunis Stock Exchange closed higher at 7874.30 points
Media IN Tunisia 18/06/2018 Tunis Stock Exchange closed today at a high of 42.1% at 7874.8 points, while the capital movement reached 10.5 million Tunisian dinars. The shares of 36 companies listed on the stock exchange rose 23 other shares, while 10 companies continued to develop.
Read More »On the impact of the intensification of the US-China trade dispute, US stocks are starting to decline
18\06\2018 Media IN\ Agencie US stocks started trading lower today as the US-China trade dispute intensified after Beijing responded to tariffs imposed by President Donald Trump. The Dow Jones industrial average fell 208.44 points, or 0.83%, to 24882.04. The S & P 500 shed 18.55 points, or 0.68%, to 2,761.11. …
Read More »A private Syrian airline to operate flights to the UAE
Media IN 18 \ 06 \ 2018 Syrian private wing Al Sham has announced that it will begin flights to the UAE starting in early July, with its first destination being Sharjah, Dubai and Abu Dhabi. A source at the company said: “The operation of these flights came after a …
Read More »A record rise in annual Suez Canal revenues
Abu Dhabi Media 17 \ 06 \ 2017 Suez Canal revenues in Egypt rose 11.5 percent to a record $ 5.585 billion in fiscal year 2017-2018. According to a statement published on the Suez Canal Authority website, the previous year’s revenues were $ 5.008 billion, Reuters reported. Channel Chairman Mehab …
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