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Media IN DUBAI, 15th May, 2019 (WAM) Today  DMCC, a Free Zone for commodities trade and enterprise, announced its collaboration with TradeAssets, the first blockchain-powered trade finance e-marketplace of its kind for banks. As a result of the collaboration with DMCC, Tradeflow, a dedicated flexible and customised online platform for …

Media IN Tokyo 15-05-2019 Japan’s Nikkei closed higher today in volatile trade to halt a seven-day losing streak as stocks in the region received support from expectations that China may apply a new set of incentives to support a slowing economy. The Nikkei <.N225> was up 0.6% at 21,288.56, after …

Media IN Abu-Dhabi  15-05-2019 The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Mohamed Barkindo, stressed that the region needs more peace and stability as the most important strategic region in the world to ensure the flow of oil supplies. “Any tension that affects the world affects its …

Media IN VIENNA, 15th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$70.66 a barrel on Tuesday, 14th May, compared with US$71.21 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Media IN Dubai:15/05/2019 Dubai’s annual city wide celebration will usher in six weeks of sales, retail experiences and events. The big summer shopping festival will be back for its 22nd edition on June 21 and it will run until August 3, it was announced on Tuesday. The event is organized …

Media IN Seoul, May 15, 2019, SPA Shares opened moderately lower in Asia on Tuesday. The Shanghai Composite index slipped 0.4% to 2,893.35 while Japan’s Nikkei 225 gave up 0.6% to 21,066.54. The Hang Seng index in Hong Kong, reopening after a market holiday on Monday, sank 1.5% to 28,115.48. …

Media IN Jeddah, 15 May 2019 SPA Jeddah Islamic Port achieved remarkable growth in containers handling during the month of April 2019 by 403,000 containers, an increase of 28%. The port also achieved a growth rate through handling 178,000 containers with an increase of 25% compared to the same period …

Media IN Jeddah Wednesday  May 15th 2019 BNA The  global umbrella of Global Umbrella of Islamic financial institutions (CIBAFI),   held its Annual Meetings yersterday Tuesday may 14 2019 at Jeddah.  The Members and stakeholders witnessed CIBAFI Award 2019 Ceremony, presentation of CIBAFI Activities Report 2015 – 2018, the official launch …

Media IN Fujairah, 15th May, 2019 WAM H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah,  yesterday emphasised  the paramount importance of boosting the Port of Fujairah’s operations and enhancing its capabilities as part of UAE’s transformational development drive and in line with the priorities …

Media IN Manama, May 14 2019: Bahrain All Share Index has closed at 1,408.44 points marking a decrease of 7.70 points below  the previous closing . This decrease was due to the fall   in the Commercial Banks Sector and Industrial Sector. Bahrain Islamic Index has closed at 750.96 points marking …