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Media IN Fujairah, 18th May, 2019 WAM A wide range of development projects are underway in the UAE’s East Coast Emirate of Fujairah as it seeks to diversify its economy. The projects are being carried out in accordance with the directives of H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme …

Media IN Dubai, 18th May, 2019 WAM Jebel Ali Free Zone, Jafza, the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative that is set to roll out in …

Media IN Dubai, 18th May, 2019 WAM Aiming to increase cooperation and strengthen international partnerships, the Ajman Chamber of Commerce and Industry, ACCI, organised the annual diplomatic forum in the presence of ambassadors, consuls, heads and representatives of trade councils from various Arab and foreign countries. Held at Madinat Jumeirah, …

Media IN Abu-Dhabi 18-05-2019 U.S.  stocks fell for the first time in four days, with technology shares bearing the burden of the selling in a market flustered by a bombardment of trade -related  headlines. The dollar rose. The S&P 500 declined a second week for the first time this year …

Media iN / Moscow 18-05-2019 / WAM The exchange rate of the US dollar against the Russian ruble in trading on the Moscow Stock Exchange today. The dollar rose by 7 kopek to 64.63 rubles while the euro fell 12 kopec to 72.25 rubles.

MEDIA IN \ BEIRUT 18 -05- 2019 SPA The BLOM Invest stock and stock exchange index on the Beirut Stock Exchange ended its week down by 3.54%, closing at 839.58 points. While the volume of shares traded rose to 117,595 shares worth 880 thousand and 738 US dollars, compared to …

Media IN Abu-Dhabi 18-05-2019:   Source OPEC/IEA Organisation of Petroleum Exporting Countries (OPEC) and its partners are once again cutting production as promised in their effort to steady the market. In April both sides of the so called OPEC plus alliance complied with their supply pact for the first 16 …

18-05-2019 Media in \New York Saudi Arabia stressed that illegal financial flows continue to pose a major threat to the financial stability of States and to the achievement of their national goals for sustainable development. This came in the Kingdom’s address to the United Nations during the High-level Meeting on …

Media IN Abu-Dhabi The Chinese offshore yuan, which trades outside the mainland, dropped to as low as $6.9400 on Friday, its weakest level since November. This was amid escalated trade tensions between Washington and Beijing, after the Trump administration added Huawei Technologies to a trade blacklist. Meanwhile, the onshore yuan …

Media IN Abu-Dhabi 18-05-2019 The Dow Jones retreated 99 points or 0.4%.   The S&P 500 lost 17 points or 0.6%.  The Nasdaq fell 82 points or 1.0%. Historically, the Dow Jones Industrial Average reached an all time high of 26828.39 in October of 2018 and a record low of 41.20 …