Media iN / London 15 -5-2019 SPA European stocks ended higher today. The Euro Stoxx 50 index closed 0.64% higher at 3,855.78 points, and London Stock Exchange (FTSE 100), the top 100 listed companies on the London Stock Exchange, closed 0.76 percent higher, or 55.35 points, at 7296.95. Point. Germany’s …
Read More »The Saudi index closed higher at 8480.70 points
15-05-2019 Media in\ Riyadh The index of major Saudi shares closed today, up 106.43 points to close at 8480.70 points, and trades worth more than 5.7 billion riyals. The number of shares traded more than 170 million shares, which were shared by more than 100 thousand transactions, the shares of …
Read More »UAE Federal Tax Authority Marks 500 Successful Days of VAT
Media IN Abu-dhabi, 15th May, 2019 (WAM) Today the Federal Tax Authority, FTA, marks 500 days of the Value Added Tax, VAT, in the UAE , Director-General of the FTA, revealed that the rates of compliance with tax laws and procedures have increased exponentially among all taxable businesses. The tax …
Read More »Fujairah oil product stockpiles little changed
Media IN Fujairah, 15th May, 2019 (WAM Oil product inventories at the UAE’s East Coast Port of Fujairah were little changed in the week ending 13th May, after nearby incidents of sabotage of vessels and volatility in crude prices kept buyers at bay, according to data released Wednesday by the …
Read More »National Bank of Bahrain sets New standards for digital banking services
Media IN Manama, May 15 2019 (BNA): National Bank of Bahrain (NBB) has taken a role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers. Open banking enables account holders to share their account information and …
Read More »Dubai Customs discusses more cooperation with vegetable and fruit sector
Media IN Dubai, 15th May, 2019 (WAM) The Director of Dubai Customs Chaired a meeting of the consultative council and officials discussed how to enhance cooperation with the vegetable and fruit sector. The meeting was attended by CEO of Dubai Export Development Corporation, and representatives of DP World, Dubai Chamber, …
Read More »Majid Al Futtaim lists world’s first benchmark corporate Green Sukuk on Nasdaq Dubai
Media IN Dubai, 15-05-2019 Majid Al Futtaim today rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark corporate Green Sukuk and the first Green Sukuk issued by a corporate in the region. “We love listing our financial instruments and will continue to do …
Read More »National Bank of Fujairah launches initiative to mark Arab Financial Inclusion Day
Media IN Fujairah, 15th May, 2019 (WAM) In abid to improve financial inclusion in the region, National Bank of Fujairah has announced that ithas participated in the Arab Financial Inclusion Day, an initiative adopted by Arab Monetary Fund, AMF, and the Council of Governors of Arab Central Banks. This was …
Read More »AED7.3 bn Injected by the UAE Central Bank during March
Media IN Abu-Dhabi, 15th May, 2019 (WAM) In abid to boost liquidity, and compensate banks of funds withdrawn out of excess liquidity in the market, the Central Bank of UAE has injected AED 7.3 billion cash to the financial system for the month of march. This was aimed at regulating …
Read More »Kuwait oil price stands at US$70.62 pb
Media IN KUWAIT, 15th May, 2019 The price of Kuwaiti oil went down US$1.14 to $70.62 per barrel, on Tuesday, compared to US$71.76 pb last Monday, Kuwait Petroleum Corporation said on Wednesday. the price of the Brent crude contracts went up $1.01 to $71.24 pb, also the West Texas Intermediate …
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