Media IN/Abu-dhabi/10-05-2019: WAM Dubai based P&O Ports has signed a 7.99 million euro ($8.97 million) deal to acquire Luka Novi Sad, the state owned company operating Serbia’s second largest port on the Danube river, the ministry of transport and infrastructure said on Friday. The privatisation contract was signed by state …
Read More »The British economy is booming during the first quarter of this year 2019
Media IN / London 10-05-2019 The British economy witnessed a boom during the first three months of this year 2019. According to data released today by the British National Bureau of Statistics on its official website that the growth rate rose to 0.5% in the first quarter of this year …
Read More »The Beirut Stock Exchange closed on a slight improvement by 0.26%
Media IN / Beirut 10-05-2019 The Beirut Stock Exchange (BSE) ended the day slightly improved by 0.26%, or 4 points, to close at 872.75 points. The volume of shares traded 61 thousand and 571 cm with a value of 311 thousand and 698 US dollars carried out through 31 deal. …
Read More »German exports rebound and trade surplus surges
Media IN \ Berlin 10-05-2019 / WAM German exports unexpectedly rose in March, suggesting that the slowdown in Europe’s biggest economy will not have a major negative impact on growth in the first quarter, despite adverse factors stemming from unresolved trade disputes, data showed on Friday. The Fed said seasonally …
Read More »The Paris Stock Exchange closed down 1.93 percent
Media in\ Paris 10-05-2019 / WAM The Paris Stock Exchange ended the day with a sharp decline of 1.93 percent. The CAC 40 index shed 104.43 points to close at 5313.16 points, amid a trade volume of 3.9 billion euros.
Read More »Nikkei is the biggest weekly loss since the beginning of the year
Media IN / Tokyo 10-05-2019 / WAM Japan’s Nikkei average suffered its biggest weekly loss in more than four months on Tuesday as the United States raised tariffs on Chinese goods, raising a trade dispute that is increasingly damaging other Asian economies dependent on exports. The benchmark Nikkei <.N225> was …
Read More »Dubai’s non-oil private sector growth accelerates in April
Media IN/Abu-dhabi/09-05-2019 Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector improved at a …
Read More »The Egyptian Stock Exchange is gaining LE 3 billion and its main index is rising at the close
Media In Cairo 09-05-2019 Egyptian stock indexes rose massively in today’s trading to succeed in halting the sharp loss of losses over the past four sessions, supported by buying by Egyptian and foreign investment institutions and funds on a selection of stocks after reaching very attractive levels. The end of …
Read More »“DAE record US$99.0 million for the first quarter of 2019
09-05-2019 Media in\ Dubai Today, Dubai Aerospace Enterprise (DAE) announced its revenue for the first quarter of 2019. According to the financial results for the three months ended 31st March, 2019, DAE’s profit amounted to US$99.0 million, while it was US$96.0 million during the same period last year. Dubai Aerospace …
Read More »The “Ramadan and Eid Exhibition” opens at Khorfakkan Expo
Sharjah\ 09/05/2019 \WAM The exhibition “Ramadan and Eid” will be held at the Expo Khorfakkan Center, which will run until June 5th within the Sharjah Ramadan Festival launched by Sharjah Chamber of Commerce and Industry in all cities and regions of the Emirate. The exhibition aims to revitalize the economic …
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