media in \Sharjah 19-05-2019 The Department of Statistics and Community Development in Sharjah started the second phase of the “Economic Survey” project which started in January this year and includes various administrative areas in addition to the free zones in the emirate. The project aims to collect data for various …
Read More »Real estate transactions Value in Sharjah reaches 5.2 billion dirhams during the first quarter of 2019
19-05-2019 media in \Sharjah In the first three months of this year, real estate transactions in the Emirate of Sharjah registered AED 5.2 billion, with a total of 13,195 transactions. Of these, 1,131 transactions were sold for a total area of 10 million feet, according to the report of real …
Read More »US Dollar up and Euro declines against Kuwait Dinar (KD)
Media IN Kuwait 19-05-2019 The exchange rate of the US Dollar went up to KD 0.304, while the Euro went down to KD 0.339, said the Central Bank of Kuwait (CBK) sunday The CBK added that the British Pound Sterling went down to KD 0.386. Meanwhile, the Swiss Franc was …
Read More »OTC trading registers positive performance at start of the week
Media IN KUWAIT, May , 19 2019 KUNA OTC report, issued on Sunday, indicated that immediate transactions had a positive performance, with trading reaching 301,300 shares, at a value of KD 6,020 (around USD 19,800) done through 12 transactions. Boursa Kuwait had launched OTC as a new trading platform for …
Read More »ECI partners with ADCB to offer UAE businesses digital and innovative solutions
Media IN Abu-Dhabi, 19th May, 2019 WAM Etihad Credit Insurance has signed a Memorandum of Understanding with Abu Dhabi Commercial Bank, ADCB, to offer efficient customer service and innovative solutions that will help public institutions and local businesses raise their business profile thereby helping them cement their presence regionally as …
Read More »Unemployment in Dubai lowest worldwide: Dubai Statistics
Media IN Dubai, 19th May, 2019 WAM Dubai’s unemployment rate reached 0.5 per cent last year, while the refined economic participation rate as a percentage of total working-age population reached 83.2 percent, according to the Labour Force Survey 2018 published by Dubai Statistics Center. The Executive Director of Dubai Statistics …
Read More »The Jordanian stock market is closing higher
18-05-2019 Media in\ Oman The Jordanian Stock Exchange closed the week on a rise of 1.08%, ending the trading at 1831.0 points. The daily average volume of trading on the Jordanian Stock Exchange reached JD 4.0 million during last week compared to JD 3.6 million for the previous week, an …
Read More »KUWAIT exports up 30 percent last April: Ministry
Media IN Kuwait, MAY 18 2019 Kuwait’s non-oil exports rose 30 percent last April, compared with the same time period in 2018, announced the ministry of commerce and industry on Saturday. Total exports were about KD 12.3 million (approximately USD 40 million), compared with KD 8.8 million in 2018 (about …
Read More »Meeting of the Joint Ministerial Committee of OPEC and its partners to monitor the production agreement in Jeddah tomorrow
18-05-2019 Media IN Jeddah The fourteenth meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of the Petroleum Exporting Countries (OPEC) and the countries outside it (OPEC +) will be held tomorrow in Jeddah to discuss the situation of the world oil markets, follow …
Read More »OFID contributes US$50m to support Pakistan’s economic growth and Energy
Media IN Vienna, 18th May, 2019 WAM OFID was established in January 1976 by the then 13 member countries of OPEC; including the United Arab of Emirates. Among the reasons for its establishment is that it was to act as a channel of aid to the developing countries. The fund …
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