News

Media IN Manama, July 15 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 320%. Subscriptions worth BD 137.48 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected …

Media IN Bangkok, July 15 (BNA): Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of …

Media IN DUBAI, 15th July, 2019 (WAM) The first half of 2019 saw the number of authorised tax agents increase by more than 110 percent to exceed 370 agents, up from 176 at the end of 2018, asserted the Federal Tax Authority, FTA, as it hosted the second Meeting of …

Media IN ABU DHABI, 15th July, 2019 (WAM) The Financial Services Regulatory Authority, FSRA, of Abu Dhabi Global Market, ADGM, today issued its regulatory framework for Digital Investment Managers (also known as ‘robo-advisors’), operating in ADGM. Digital Investment Managers provide investment management services using algorithm-based tools and technology to interact …

Media IN ABU DHABI, 15th July, 2019 (WAM) Abu Dhabi Fund for Development, ADFD, the national entity for international development aid, has announced that it has allocated about AED92 billion in development funding and investments to 90 beneficiary countries, the report said while marking its 48th anniversary. Since its inception …

Media IN Abu Dhabi 15th-07-2019 Selective buying on some of the blue-chip stocks have boosted the Dubai Financial Market (DFM) on Monday. The DFM’s general index closed the session up 0.40% at 2,715.70 points. Trading volume amounted to 205.549 million shares exchanged through 2,853 transactions at a turnover of AED …

Media In / Amman 15 July 2019 The prices of international oil derivatives during the second week of July increased compared to their prices in the first week of the same month, according to data announced by the Ministry of Energy and Mineral Resources on Monday. According to the ministry’s …

15th-07-2019 The US administration may grant licenses for companies to re-start new sales to Huawei in as little as two to four weeks.  Huawei was included last May into a Commerce Department list banning US firms from selling new US-made goods and services to the Chinese tech behemoth, unless they …

Media IN Dubai 15th-07-2019 The announcement was made on Monday by Dubai Airports and Etihad Energy Services Company (Etihad ESCO) that they had  installaed the largest solar energy system in the Middle East at Dubai International’s Terminal 2.  The solar energy system comprises 15,000 photovoltaic panels with a capacity of …

Media IN  Abu Dhabi 15th-07-2019 Oil prices declined earlier on Monday after data indicated that Chinese economy grew at the slowest quarterly pace in decades, consolidating worries about demand in the world’s biggest crude consumer.  At 6:11 am GMT, US Nymex crude futures dropped by 0.4% to $59.97 per barrel …