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Jordan bourse rises 0.24% in a week

Amman 04-10-2019 \ SPA The general price index of shares listed on the Jordanian Stock Exchange increased by 0.24% to close the week at 1828.0 points. The average daily trading volume on the Amman Stock Exchange during the week reached JD 5.9 million compared to JD 5.6 million the previous …

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AED 3.6 billion Dubai real estate transactions today

Dubai 10-04-2019 / WAM Real estate transactions in the Dubai Land Department today achieved more than AED 3.6 billion, with 169 sales worth AED 350 million, including 17 land sales worth AED 160 million and 152 sales of apartments and villas worth AED 190 million. The most important land sales …

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Austrian exports have been hit by US tariffs

Vienna 10-04-2019 / WAM Austria’s exports will be hit by additional US tariffs on European imports because of European Union “subsidies” to Airbus, the food industry association said. The latest figures showed that additional US tariffs on European cheese and fruit juices would cost Austrian exports around 15 million euros. …

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Egypt announces reduction in fuel prices

Cairo 04-10-2019 / WAM Egypt announced the reduction of the sale price of three kinds of gasoline products in the local market 25 piasters per liter to become 6.5 pounds for gasoline 80, and 7.75 pounds for gasoline 92, 8.75 pounds for gasoline 95, and cut the price of a …

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Experts highlight key retail and e-commerce opportunities

Dubai 02-10-2019 / WAM During a panel discussion entitled “Evolution or Destruction” organized by the Retail Summit Foundation in cooperation with Dubai Chamber of Commerce and Industry and Meydan One, experts stressed the importance of making changes in the mechanisms of trade in line with the requirements of the future. …

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DFSA licenses India’s Kotak Mahindra Bank

Dubai 02-10-2019 / WAM The Dubai Financial Services Authority (DFSA) has registered Kotak Mahindra Bank of India, numbering 500 on the list of licensed financial institutions providing financial services from and at the DIFC, where the bank will offer a full range of commercial banking activities. Saeb Aigner, Chairman of …

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