Media IN Manama, May 16 BNA: Bahrain All Share Index has closed at 1,399.58 points marking a decrease of 9.08 points below the previous closing. This decrease was due to the fall in the Commercial Banks Sector, Investment Sector and Industrial Sector. Bahrain lslamic Index has closed at 746.64 points marking a decrease of …
Read More »Finablr lists shares on London Stock Exchange
Media IN London, 16th May, 2019 WAM Today London Stock Exchange,( LSE) welcomed the UAE-based Finablr Company for brands which includes Travelex, UAE Exchange and Xpress Money, to start trading on the London Stock Exchange market, after completing an initial public offering that values the firm at $1.6 billion. The …
Read More »Kuwait oil price up to US$71.24 per barrel
Media IN KUWAIT, 16th May, 2019 WAM The price of Kuwait oil went up 62 cents to settle at US$71.24 per barrel, Wednesday, compared to $70.62 pb the day before, Kuwait Petroleum Corporation said Thursday. According to the Kuwait News Agency, KUNA, the Brent Blend crude went up 53 cents …
Read More »USD, EURO stable at KD 0.303, KD 0.340
Media IN Kuwait May, 16-2019 The exchange rates of the US Dollar and the Euro were stable at KD 0.303 and KD 0.340, said the Central Bank of Kuwait (CBK) Thursday. The Central Bank of Kuwait added that the British Pound Sterling went down to KD 0.390. Meanwhile, the Swiss …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 16th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$71.26 a barrel, on Wednesday, 15th May, compared with $70.66 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Economic Reforms Yield Positive Results to the KSA: IMF
Media IN Riyadh May, 16 2019 Economic reforms in Saudi Arabia have started to yield positive results, with non-oil growth picking up and female labour force participation and employment increasing, according to the International Monetary Fund (IMF). International Monetary Fund (IMF) further said that economic reforms on tax such as …
Read More »KAUST announces joint investment from Innovation Finance Fund and Product Development Company
15-05-2019 Media in\ Jeddah King Abdullah University of Science and Technology (KAUST) has announced that Red Sea Farms, an emerging agricultural technology company specializing in brackishwater technology, has secured a joint investment of $ 1.9 million from the Innovation Finance Fund and the University’s Research Product Development Company. For his …
Read More »Board of Directors of the Saudi Chambers holds its 100th meeting by hosting Medina
15-05-2019 Media in \ Medina The Board of Directors of the Saudi Chambers headed by Dr. Sami bin Abdullah Al-Obaidi held its 100th meeting today and the 94th Executive Committee Meeting which was hosted by the Chamber of Commerce and Industry in Medina in Dar Al Taqwa Hotel. Dr. Sami …
Read More »Bourse Tunis closes down
MEDIA IN\ TUNISIA 15-05 – 2019 SPA The main index of the Tunisian Stock Exchange (TONANDEX) closed the week down -0.05% to reach 6916.12 points. The volume of transactions today amounted to 3.40 million Tunisian dinars, or about 1.01 million dollars amid the rise of the shares of 20 companies, …
Read More »Karachi stock index closes 1.19%
media in Islamabad 15-05-2019 The index of the Karachi Stock Exchange, the largest stock market in Pakistan today, increased by 1.19% or 406 points, and closed at 34291 points. A total of 92188,880 shares were traded in 303 transactions. The market capitalization of 201 companies rose, 91 companies declined and …
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