News

Media IN Dubai  10th-07-2019: The DFM’s general index closed today’s trading session up 31.03 points, or 1.17%, at 2,687.23 points, its highest level since the beginning of July. The Dubai Financial Market (DFM) has seen a bull-run on Wednesday on the back of the rising blue-chip stocks. The bourse’s market …

Media IN Abu Dhabi  10th-07-2019: The Abu Dhabi Securities Exchange (ADX) closed Wednesday’s trading session in green zone on the back of the rising blue-chip stocks. The ADX’s general index inched up 4.58 points, or 0.09%, finishing the session at 5,026.74 points. Trading volume amounted to 33.521 million shares exchanged …

Media IN TOKYO, July 10, 2019, SPA Japan’s benchmark Nikkei 225 edged down nearly 0.2% to finish at 21,533.48. Australia’s S&P/ASX 200 added 0.4% to 6,689.80. South Korea’s Kospi gained 0.3% to 2,058.78. Hong Kong’s Hang Seng rose 0.3% to 28,201.31, while the Shanghai Composite fell 0.5% at 2,914.66. Benchmark …

Media IN Cairo SPA 10th-07-2019 The Saudi Fund for Development (SFD) has inked three agreements within the framework of the Kingdom Saudi Arabia’s grant to the Arab Republic of Egypt with a total amount of 125 million Egyptian pounds. The agreements were signed by Head of the Saudi side of …

Media IN Dubai 10th-07-2019 According to a recent report issued by the Federal Competitiveness and Statistics Authority (FCSA), the UAE’s inflation rate has fallen in May for the fifth month in a row to 1.09% as compared to the same month of 2018. The state’s consumer price index (CPI) recorded …

Media IN London 10th-07-2019 The UK economy grew at a lethargic pace in the three-month period ended last May, for the second time, the UK’s Office for National Statistics (ONS) said on Wednesday. The UK gross domestic product (GDP) grew by 0.3% in the period between March and May, with …

Media IN Duai 10th-07-2019 Dubai International Financial Centre (DIFC) has introduced new licencing categories with reduced fees to attract more firms to do business in the centre.   Four new licensing categories have been inaugurated including short-term and restricted licenses, commercial permissions and dual licenses. Under the short-term licensing category, retail …

Media IN FUJAIRAH, 10th June, 2019 (WAM/S&P Platts) Stockpiles of oil products at the Fujairah port in the UAE increased for the first time in six weeks, against a backdrop of strong summer demand from utilities in the region and for jet fuel from Europe, data released Wednesday by the …

Media IN Dubai 10th-07-2019: The Dubai Financial Market (DFM) and the Dubai International Financial Centre (DIFC) on Wednesday launched the “Dubai Sustainable Finance Working Group” in line with the UAE Sustainable Development Goals 2030 and Dubai’s Strategic Plan 2021. The new group was inaugurated by governor of the DIFC and …

Media IN Dubai 10th-07-2019 In a meeting held today Wednesday, 10 July 2019, the board of directors of Gulf Navigation Holding, listed on the Dubai Financial Market (DFM), has decided to refinance loans for some of its vessels. These vessels are Gulf Fantatir, Gulf Jalmuda, Gulf Huwaylat, and Gulf Deffi, the …