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Media IN VIENNA, 27th June, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$65.60 a barrel on Wednesday, 26th June, compared with US$64.79 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Dammam 26-26-2019 SPA The Saudi Arabian Mining Company (Ma’aden) today announced that it has signed an amended joint venture agreement with Alcoa Corporation, which includes Alcoa Corporation’s waiver of its 25.1% stake in Ma’aden Rolling Mill and Sheet Metal Sheet Factory for Metals without charge, Alcoa Corporation of the future …

Riyadh, 26-26-2019 Saudi Arabia joined the Group of States of the Joint Ministerial Statement on Electronic Commerce of the World Trade Organization (WTO), following the issuance of the supreme approval in this regard. This came in a statement announced by the General Authority for Foreign Trade. HE Mr. Abdulrahman bin …

London, 26-26-2019 The London Stock Exchange (FTSE 100) ended the day slightly higher. The index of the top 100 companies on the London Stock Exchange rose 0.08 percent, or 6.04 points, to 7416.39.

Media IN  Abu Dhabi 26th-06-2019 The Central Bank of the UAE, in consultation with the International Fund, has improved its reporting standards on non-performing loans in the UAE banking system in line with international best practices. According to the new reporting standard to be implemented from the third quarter of …

Media IN New York, June 26, 2019, SPA U.S. stocks fell Tuesday; the Dow Jones industrial average fell 179.32, or 0.7 percent, to 26,548.22. The broader Standard & Poor’s 500 index fell 27.97, or 0.95 percent, to 2,917.38. The technology-heavy Nasdaq composite index fell 120.98, or 1.5 percent, to 7,884.72.

Media IN VIENNA, 26th June, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$64.79 a barrel on Tuesday, 25th June, compared with $65.05 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Media IN Riyadh 25-06-2019 National Transport Company, a subsidiary of Saudi Electricity Company, today received two best technology proposals and the best proposal in the occupational safety and health category of the 2019 Arab Ideas Competition organized by the Dubai Quality Group. The two awards came from two creative ideas, …

Media IN BEIJING, June 25, 2019, SPA The Shanghai Composite Index lost 0.8% to 2,985.32 and Tokyo’s Nikkei 225 shed 0.5% to 21,176.13. Hong Kong’s Hang Seng retreated 1.3% to 28,155.24. Seoul’s Kospi lost 0.2% to 2,121.64 while Sydney’s S&P-ASX 200 shed 7.4 points to 6,658.00. India’s Sensex rose 0.3% …

Media IN LONDON, 25th June, 2019 (WAM) Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, participated, today, in the inaugural ‘Bloomberg Emerging and Frontier Forum’, which brought together global financial policymakers in a dialogue on the key economic issues related to growth in emerging …