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Read More »Management of the Central Bank holds its fifth meeting for the year 2019
Abu Dhabi, 17-06-2019 The Board of Directors of the Central Bank recently held its fifth meeting for 2019 under the chairmanship of the Chairman of the Board of Directors at the headquarters of the Bank in Abu Dhabi. The meeting was attended by Deputy Chairman and Governor of the Central …
Read More »OTC trading up last week according to report
Media IN Kuwait, 16th-06-2019 Kuwait’s over the counter market (OTC) witnessed an increase in trading last week, with 30.7 million shares changing hands. shares traded went through 15 transactions worth KD 1.8 million (around USD 6.12 million). OTC report, issued on Sunday, indicated that immediate transactions had a negative performance, …
Read More »OPEC daily basket price announced for Thursday
Media IN VIENNA, 31st May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.10 a barrel on Thursday, compared with US$67.75 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …
Read More »Dubai Chamber sees 20% growth in membership during Q1-2019
Media IN Dubai, 28-05-2019 A total of 6,377 new companies joined Dubai Chamber of Commerce and Industry in the first four months of 2019, bringing membership growth to 20% compared to the 5,316 members accounted for in the same period last year. The number of renewed members reached 39,338 between …
Read More »USD exchange rate stable at KD 0.303
Media IN KUWAIT, May 28 2019: KUNA The exchange rate of the US Dollar remained at KD 0.303, while the Euro went down to KD 0.339, said the Central Bank of Kuwait on Tuesday. The Central Bank of Kuwait added that the British Pound Sterling went down to KD 0.385, …
Read More »Asian Shares closed Higher
Media IN TOKYO, May 28, 2019, SPA Asian stocks mostly rose in trading Tuesday, AP reported. Japan’s benchmark Nikkei 225 added 0.4% in early trading to 21,274.60, while Australia’s S&P/ASX 200 gained 0.6% to 6,490.40. South Korea’s Kospi was little changed but inched up to 2,045.11. Hong Kong’s Hang Seng …
Read More »OPEC daily basket price announced for Monday
Media IN VIENNA, 28th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.42 a barrel on Monday, 27th May, compared with US$67.40 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »BAHRAIN: Government Treasury Bills oversubscribed by 137%
Media IN Manama, May 27 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 137%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB),on behalf of the Government of Bahrain. The issue date of the bills …
Read More »UAE advances from 104th to 1st rank globally in internet, telephony level of competition
Media IN Dubai 26th May 2019 – WAM The UAE has jumped from the 104th spot to first place globally in the internet and telephony level of competition, the Telecommunications Regulatory Authority, TRA, announced. This was revealed in the Knowledge Index Report, which was recently published by the United Nations …
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