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MSM closes higher

Media In\Muscat 21-04-2019 The Muscat Securities Market index closed at 3,984.45 points, up 4.16 points, or 0.10 percent, compared to the last trading session of 3980.29. The turnover amounted to 83 million and 935 riyals, a decrease of 53.8% compared to the last trading session which amounted to two million …

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An agreement to acquire Ober Karim in the Middle East

Media In / 26 March 2019 Ober and Karim reached an agreement whereby Ober acquires Karim for $ 1.3 billion. The acquisition, which consists of convertible bonds worth $ 1.7 billion and $ 1.4 billion in cash, will remain subject to regulatory approvals. Ober acquires all of Karim’s transportation, delivery …

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Jordan to bid to transport crude oil from Iraq

Media In / Amman 19 March 2019 The Jordanian government today submitted a tender for the transfer of crude oil from Baiji in Iraq to the site of the Jordanian Petroleum Refinery, and no more than 10 thousand barrels per day. Jordanian Minister of Energy and Mineral Resources Hala Zowati …

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Tunis Stock Exchange closes higher

0603-2019MEDIA IN\ AGENCIES Tunis Stock Exchange closed today at 7098.80 points, up by 17.17 percent, while the capital movement amounted to 6.35 million Tunisian dinars about 2 million dollars. The day saw the rise of the shares of 24 companies listed on the stock exchange, while shares fell 25 others, …

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24% Lower volume of real estate in Jordan

 ؜ Media In / Amman 6 March 2019 The volume of trading in the real estate market in Jordan fell by 24 percent to the end of February to 695 million dinars compared to 914 million dinars for the same period of 2018. The Directorate of Registration of Northern Oman …

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