Finance & Business

Media IN Kuwait May, 16-2019 The exchange rates of the US Dollar and the Euro were stable at KD 0.303 and KD 0.340, said the Central Bank of Kuwait  (CBK) Thursday. The Central Bank of Kuwait added that the British Pound Sterling went down to KD 0.390. Meanwhile, the Swiss …

Media IN VIENNA, 16th May, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$71.26 a barrel, on Wednesday, 15th May, compared with $70.66 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 Kuwait 14-05-2019 The Exchange rate of the US Dollar on Tuesday was stable exchanging at KD 0.303, the same case with the Euro which exchanged at KD 0.341, said the central bank of Kuwait (CBK) The CBK added that the British Pound Sterling went down to 0.393, while …

Media IN/Abudhabi/ 12th May, 2019 Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced today that it would be postponing a monthly instalment for its personal finance customers at no extra charge. The postponement will help ADIB’s customers manage their finances during the Holy Month of Ramadan, which is …

Media IN/Abudhabi/ 12-05-2019 The Foreign Direct Investment Committee (FDI Committee) has held its second meeting in Dubai to review the proposed list of sectors eligible for full foreign direct investment. The meeting which was Chaired by Sultan Bin Saeed Al Mansouri, Minister of Economy,  discussed necessary controls and requirements in …

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 …

Media IN/Abu-Dhabi/Wed 08 May 2019 Emirates is working with a German tech company to develop an artificial intelligence (AI)-powered “assistant” that will support airline customers from pre-flight to post-flight. The innovation is one of three being worked on by three companies following the signing of memorandums of understanding with teams …

08-05-2019 Media in\ Abu-dhabi Dubai Customs completely redeveloped its customs operations room at Jebel Ali & Telcom Customs Center. Director General of Dubai Customs Ahmed Mahboob Musabih inaugurated the new operations room which is equipped with the most advanced and smart electronic systems to efficiently aid in customs activities and operations. …

Media In / Amman 8 May Jordan Stock Exchange (ASE) closed its trading on Wednesday with a turnover of 2.6 million dinars distributed on 1672 transactions. The Amman Stock Exchange index rose compared to the closing of the previous session with a negative change, reaching 1.37 percent at the level …

Medai IN/Abu-dhabi/08-05-2019 KUNA The exchange rate of the US Dollar on wednesday was stable exchanging at KD 0.303, the same case with the Euro which also stabilised at KD 0.340, said the Central Bank of Kuwait (CBK) The CBK added that the British pound sterling went down to 0.397, whereas …