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Media IN/Abu-dhabi/11-05-2019 Kuwait Airways emphasised that its flight schedule compliance records has improved considerably for the total flights operated in the first quarter of this year. Kuwait National carrier issued a statement that its growth rate has risen 24 per cent, from 59 percent in 2018  to 83 percent during …

Media IN/Abu-dhabi/ 11-05-2019 KUNA The price of Kuwait oil went up 92 cents Friday to USD 70.93 per barrel (pb) prior to USD 71.01 pb the day before, Kuwait petroleum corporation (KPC) said saturday. Meanwhile, the price of the Brent crude contracts went up 23 cents to USD 70.62 pb, …

Media In \ Agencies 11-05-2019 NEW YORK (Reuters) – Gold prices rallied on Friday, bolstered by growing trade tensions after a tariff increase, ordered by US President Donald Trump on $ 200 billion worth of Chinese goods, putting the precious metal on track for a weekly gain. Spot gold stood …

Media In \ Agencies 11-05-2019 Oil prices closed little changed on Friday, ending the week lower as trade tensions between the United States and China surged after Washington raised tariffs on Chinese goods, overshadowed a global supply shortage and expectations of rising demand from US refineries. Global Brent crude futures …

Media IN/Abudhabi/11-05-2019 The Chinese economy advanced 6.4 percent year-on-year in the March quarter of 2019, the same pace as in the previous quarter but slightly above market expectations of a 6.3 percent expansion. In the same way industrial output growth increased significantly and consumer demand strengthened amid government’s pro growth …

Media In New York 10-05-2019 US stocks closed higher today The Dow Jones industrial average was up 116.45 points, or 0.45 percent, to 25944.81. The broader S & P 500 index was up 10.68 points, or 0.38 percent, to end at 2881.40. The Nasdaq Composite Index <.IXIC> was up 6.35 …

Media IN/Abu-dhabi/11-05-2019 According to statistics, the  unemployment rate in Canada fell to 5.7 percent in April 2019 from 5.8 percent in the previous month and slightly below market expectations of 5.8 percent. The economy added 106,000 jobs, the largest rise in employment on record, driven by both full-time positions (73 …

Media IN/Abu-dhabi/11-05-2019 The French economy advanced 0.3 percent on quarter in the three months to March 2019, the same pace as in the previous period and matching market expectations, a first estimate showed. Household consumption and fixed investment were the main drivers of growth while net foreign demand contributed negatively. …

Media IN/LONDON, 11th May, 2019 (WAM) In the first three months  (quarter one) 2019, the UK economy grew by 0.5 percent  accelerating from a 0.2 percent expansion in the previous period and matching market expectations, a preliminary estimate has showed. Private consumption, government spending and gross capital formation contributed positively, …

Media IN/Abudhabi/ 10th May, 2019 (WAM) – WASHINGTON:   The US federal government recorded a $160 billion surplus in April, as revenues for the month jumped to an all time high. But even with a flood of tax receipts, the defecit so far this year is running 37.7% higher than a …