News

Media IN Manama, July 16 (BNA): Bahrain All Share Index has closed at 1,535.48 points marking an increase of 1.52 points above the previous closing. This increase was due to the rise  in the Commercial Banks Sector and Investment Sector. Bahrain lslamic Index has closed at 763.00points marking an increase …

Media IN Dubai 16th-07-2019 The Dubai Financial Market (DFM) closed Tuesday’s trading session on a positive note. The DFM’s general index edged up 6.77 points, or 0.25%, to 2,722.47 points. Trading volume amounted to 186.130 million shares exchanged at a turnover of AED 222.771 million through 3,057 transactions.  Market capitalisation …

Media IN SHARJAH, 16th July, 2019 WAM Sharjah and Uganda have discussed prospects of cooperation and ways to further boost their bilateral relations in the economic and investment sector.   Abdallah Sultan Al Owais, Chairman of Sharjah Chamber of Commerce and Industry, and Mohamed Ahmed Amin Al Awadi, Director-General of the …

Media IN ABU DHABI, 16th July, 2019 (WAM) In 2018, the UAE occupied the first and second positions internationally in 47 competitiveness indexes covering around 13 development sectors, reflecting its efforts to achieve comprehensive development and the UAE 2021 Vision.  The UAE’s accomplishments were documented by several leading international organisations. …

Media IN ABU DHABI, 16th July, 2019 WAM The UAE, represented by the Ministry of Finance, MoF, recently signed an agreement to encourage and protect mutual investments with the Gambia at the ministry’s headquarters in Abu Dhabi.   The agreement was signed by Obaid Humaid Al Tayer, UAE’s Minister of State …

Media In / Amman, July 16, The Central Bank of Jordan announced today that Jordan’s tourism income rose by 8.3% in the first half of this year to reach US $ 2.6 billion compared to US $ 2.4 billion for the same period of 2018. The bank attributed the increase …

Media IN DUBAI, 16th July, 2019 WAM The UAE’s General Civil Aviation Authority (GCAA) announced that the second edition of Global Investment in Aviation Summit (GIAS) 2020 will be hosted in the emirate of Dubai from 27 to 29 January 2020. The GIAS 2020 will be held under the theme …

Media IN TOKYO, July 16, 2019, SP Japan’s benchmark Nikkei 225 lost 0.6% to 21,546.25 in afternoon trading. Australia’s S&P/ASX 200 lost nearly 0.1% to 6,646.40. South Korea’s Kospi added 0.3% to 2,089.34 and Hong Kong’s Hang Seng rose 0.2% to 28,613.72, while the Shanghai Composite shed 0.2% to 2,937.00. …

Media IN ADDIS ABABA, 16th July, 2019 WAM The Khalifa Fund for Enterprise Development, KFED, has signed a strategic partnership agreement with the Ethiopian Ministry of Finance aimed at providing over US$100 million (AED368 million) to help promote a culture of innovation and finance prominent projects in the Federal Democratic …

Media IN Dubai 15th-07-2019 The Dubai Gold & Commodities Exchange (DGCX) has signed a Memorandum of Understanding (MoU) with the Multi Derivatives Exchange Nepal (MDX) to enhance their respective commodity trading offering, collaborate and share knowledge on areas of mutual benefit. DGCX and MDX will host workshops and meetings to …