Dubai 15-08-2019 A report issued by the Commercial Registration and Licensing Department at the Department of Economic Development in Dubai showed that the total number of companies working in the spices trade in Dubai reaches 514 companies. The first three companies in this field have been founded since 1963 and …
Read More »ADNEC contributes AED 2.3 billion to Abu Dhabi’s economy during the first half
Abu Dhabi 15-08-2019 / WAM Abu Dhabi National Exhibitions Company (ADNEC) today announced the contribution of the Abu Dhabi National Exhibition Center and Al Ain Convention Center to the economy of the Emirate of Abu Dhabi during the first half of 2019, amounting to AED 2.3 billion, bringing the total …
Read More »US stocks open lower
New York 14 -8-2019 SPA The US stock market opened lower today as bond market indicators signaled a renewed recession risk, erasing gains from the previous session stemming from Washington’s retreat from its latest tariffs on Chinese goods. The Dow Jones industrial average was down 244.83 points, or 0.93 percent, …
Read More »Bahrain indices close on divergence
Manama 14 -08-2019 Bahrain General Index closed at 1,539.59 today, a decrease of 3.96 points from the previous closing, while the Bahrain Islamic Index closed at 753.84, up 4.46 points from the previous closing. The volume of shares traded amounted to two million and 845 thousand and 889 shares with …
Read More »The Egyptian bourse gains 14 billion pounds and its index rises
Cairo 14 -8-2019 SPA Market capitalization of listed companies on the Egyptian stock exchange gained EGP 14 billion to reach EGP 760.1 billion, after a total turnover of EGP 4.1 billion, including EGP 3.1 billion in the value of the bond market of the main dealers and the remaining one …
Read More »1.1% decline in consumer prices in Abu Dhabi during July 2019
Abu Dhabi 14 -8-2019 / WAM / Abu Dhabi’s consumer price index (CPI) fell by 1.1% in July 2019 compared to the June record of 110.4% in July, compared to 111.6% in June 2019, according to data released today by Statistics Center Abu Dhabi. The consumer price index (CPI) decreased …
Read More »WETEX 2019 and Dubai Solar highlight renewable energy solutions
Dubai 14-08-2019 / WAM The 21st edition of WETEX 2019, organized by DEWA from October 21 to 23, will showcase the latest innovative solutions and technologies in the field of renewable and clean energy. The exhibition, the largest of its kind in the region, coincides with the fourth edition of …
Read More »Oil prices are falling on fears of weak demand
Singapore 13 -8-2019 SPA Oil prices retreated today, extending the impact of the limited gains recorded in the previous session as expectations of a slowdown in demand in the face of hopes to support large producers of prices by reducing oil production. By 0643 GMT, Brent crude futures were down …
Read More »Ajman Chamber enhances its cooperation with its members by working groups and field visits
Ajman 13-08-2019 Ajman Chamber of Commerce and Industry (ACCI) has strengthened its contribution to the economic sector by organizing various working groups under its umbrella such as “ factory working groups, tourism, business youth, shopping malls, law firms, private education, health sector, banking sector and others. The Director of the …
Read More »Saudi Aramco reports net income of $ 46.9 billion for the first half of 2019
Dhahran 12 -8-2019 SPA Saudi Aramco today announced for the first time in its history its financial results for the first half of 2019, achieving a net income of $ 46.9 billion, compared to $ 53.0 billion for the same period last year. EBITDA for the first half of …
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