Finance & Business

Media IN Seoul, May 20, 2019, SPA In Australia, the S&P ASX 200 rose 1.7% to 6,476.10, Indian benchmark Sensex added 2.7% to 38,950.96, Japan’s Nikkei 225 index edged up 0.2% to 21,301.73, Shanghai Composite index lost 0.5% to 2,867.72 while Hong Kong’s Hang Seng index slipped 0.6% to 27,768.26. …

Media IN Abu-Dhabi 18-05-2019 The Dow Jones retreated 99 points or 0.4%.   The S&P 500 lost 17 points or 0.6%.  The Nasdaq fell 82 points or 1.0%. Historically, the Dow Jones Industrial Average reached an all time high of 26828.39 in October of 2018 and a record low of 41.20 …

Media IN Dubai, 17th May, 2019 WAM Dubai Electricity and Water Authority (DEWA) organised an open meeting with its suppliers from small and medium enterprises (SME), in line with its commitment to strengthen partnerships with its suppliers who contribute to the excellence of its operations. The meeting was attended by …

Media IN Abu-Dhabi 17-05-2019 Consumer prices in United Arab Emirates fell 2.5% year-on-year in March of 2019, the same pace as in the previous month. It was the third straight month of deflation, as prices continued to dropped for housing and ·        utilities (-6.5%  compared to -5.9% in February 2019) …

Media IN Abu-Dhabi, 17th May, 2019 WAM The number of business licences issued in the UAE amounted to 560,158 since the start of 2019, an increase of 3.7 percent, or 19,800 licences, compared to the end of 2018.  This reflects the improvement of various sectors since the start of the …

Media IN Abu Dhabi: May, 17 2019 Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. The Chief Executive Officer of Masdar, paid tribute to the organisations that  partnered with and …

Media IN Dubai, 17-05-2019 WAM Real estate transactions in the Dubai Land Department have generated more than AED 2.9 billion. Last week, the department recorded 827 shares worth AED 1.6 billion, 79 of which were land for 700 million dirhams, 748 for apartments and villas worth 900 million dirhams. In …

Media IN Muscat, May 16 2019 (ONA) Dubai Mercantile Exchange (DME) said that Oman oil price (July Delivery 2019) today reached 72.43 US Dollars. The DME statement said that the price of Oman oil today rose 1.55 US Dollar from the price of yesterday “Wednesday,” which was 70.88 US Dollars. …

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 …

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 …