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Muscat Securities Market Index closes -0.07%

Media In \ Agencies 30-12-2018 The Muscat Securities Market index closed at 4341.45 points, down by 3.02 points, or 0.07 percent, compared to the last trading session of 4344.47 points. The turnover stood at 477 thousand and 49 Saudi riyals, down by 82.6 percent compared to the last trading session, …

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Algeria’s trade balance deficit falls

Media In- Agencies 25-12-2018 Algeria’s trade deficit fell during the first eleven months of this year to $ 4.13 billion from $ 10.5 billion during the same period last year. According to data from the Algerian Customs, the value of exports increased by $ 5.64 billion during the period to …

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Iraqi oil minister expects crude prices to improve

Media In \ Agencies 23-12-2018 Iraqi Oil Minister Thamir al-Ghadhban said he expected oil prices to “improve” early next year, with OPEC’s decision to cut output and independent producers earlier this month. “There is not much stock left in the market, so we are optimistic that this rapid decline will …

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Egyptian President discusses strengthening cooperation with IMF

Media In / Agencies 22-12-2018 Egyptian President Abdel Fattah Al-Sisi expressed appreciation for the constructive cooperation between the IMF and the Egyptian government to implement the comprehensive economic reform program, stressing his keenness to continue cooperation with the Fund in this regard. This came during a telephone conversation today between …

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34 vessels crossing the Suez Canal

Media In \ Agencies 20-12-2018 The Suez Canal has crossed 34 vessels of different nationalities in both directions with a total tonnage of 1,900,000 tons. According to the Suez Canal Authority, 19 vessels crossed the sea in the North Sea, bound for the Red Sea with a tonnage of 1,100,000 …

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