Finance & Business

MediaN 14 \ 05 \ 2018 Abu Dhabi National Oil Company (ADNOC) has announced an agreement to develop a new project with Spanish company Thepsa for the construction of a joint linear kerosene production plant at Al Ruwais Refining and Petrochemical Complex. The new plant for the production of linear …

Media IN12/05/2018 Abu Dhabi International Bank (ADX) today launched its first overseas representative office in the Chinese capital, Beijing, in the presence of senior Chinese officials, business leaders and investors from the UAE and China. The move comes to reinforce the growing role played by the market in supporting the …

  Media IN 2018\05\11 China’s PPI rose 3.4 percent in April on a year-on-year basis, according to the National Bureau of Statistics (NBS). The index, which measures the cost of producing goods at the factory threshold, was up from March’s 3.1 percent, driven by higher manufacturing prices in the mining …

Media In / Agencies / Riyadh 10 May 2018 The index of major Saudi stocks closed today, up 35.98 points to close at 7914.27 points, and trades worth more than 3.9 billion riyals. More than 187 million shares were traded, with more than 108,000 shares closing in 126, while 51 …

Media IN 10 \ 05 \ 2018 The President of the Republic of Azerbaijan, Mr. Ilham Aliyev, met with Chairman of the Board of Directors of DP World, Mr. Sultan Ahmed Bin Sulayem, on the sidelines of the International Conference of Ports 2018 organized by the International Association of Ports …

Media IN 10/05/2018 The benchmark Nikkei average rose at the start of trading on the Tokyo Stock Exchange on Thursday. The Nikkei <.N225> was up 0.33 percent at 22,482.51. The broader TOPIX index <.TOPX> was up 0.24 percent at 1,777.22.

 Media IN / AlBayan 10//05/2018 UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum praised the financial results of Emirates Group and continued to fly its profits for the 30th consecutive year. “Emirates is a national pride, followed by men, whose career …

Media IN 10/05/2018 Emirates Group said yesterday its profits and expansion for the 30th year in a row showed that the company’s annual report 2017/2018 launched by Emirates Group showed that its profits for the fiscal year ended March 31, 2018 amounted to 4.1 billion dirhams ($ 1.1 billion) 67% …

Media IN 09/05/2018 Oil prices jumped more than 2 percent on Wednesday to hit a three-and-a-half-year high after US President Donald Trump abandoned a nuclear deal with Iran and declared the highest level of sanctions on the oil-producing country. Brent crude futures hit their highest level since November 2014 at …

Media IN 09/05/2018 Abu Dhabi National Oil Company (ADNOC) said yesterday that more than 40 chief executives of major oil, gas and petrochemicals companies have confirmed their participation in the forum and some 700 business leaders, specialists and decision makers at ADNOC Investment & May 13 in Abu Dhabi. This …