Media IN AJMAN, 8th July 2019 (WAM) – The Khalifa Fund for Enterprise Development (KFED), in cooperation with the Ajman Municipality and Planning Department, recently hosted the special ‘Entrepreneurs Forum’ at Fairmont Ajman hotel for Emirati-owned small and medium enterprises (SMEs) and KFED members. The event was held to help …
Read More »Abu Dhabi Chamber and Costa Rican Embassy discuss economic, investment opportunities
Media IN Abu Dhabi 8th-07-2019 The Abu Dhabi Chamber of Commerce and Industry and the Costa Rica Embassy in the UAE discussed available mutual economic and investment opportunities in Abu Dhabi and Costa Rica. The discussion took place during a meeting held between, Abu Dhabi’s Chairman of the Chamber, and …
Read More »The LSE index closes lower
London 08-05-2019 The London Stock Exchange (FTSE 100) ended the day lower. The index of the top 100 companies on the London Stock Exchange (LSE) shed 0.05 percent, or 3.87 points, to 7,549.27.
Read More »Central Bank of Bahrain Treasury Bills oversubscribed by 155%
Media IN Manama, July 8 (BNA): The Central Bank of Bahrain (CBB) on Monday announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 155%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of …
Read More »Asian stocks Plunged on Monday
Media IN BEIJING, July 08, 2019, SPA The Shanghai Composite Index fell 2.5% to 2,936.97 and Tokyo’s Nikkei 225 lost 1% to 21,520.70. Hong Kong’s Hang Seng retreated 1.6% to 28,301.77 and Seoul’s Kospi declined 1.8% to 2,072.60. Australia’s S&P-ASX 200 gave up 1% to 6,682.60 and India’s Sensex was …
Read More »Total Tonnage cargo handled by Saudi ports increased by 5 percent during June 2019
Media IN Riyadh, July 8, 2019, SPA The total tonnage cargo handled in Saudi ports during the month of June 2019 was over 21 million tons. The number of handling containers reached (557,000), an increase of 5.30%, compared to the corresponding period of the previous year, according to the Saudi …
Read More »Bahrain Bourse rises on Monday
Media IN Manama, July 08, 2019, SPA Bahrain lslamic Index has closed at 755.67 points marking an increase of 0.28 points abovethe previous closing. Bahrain All Share Index has closed at 1,532.83 points marking a decrease of 4.23 points below the previous closing. This decrease was due to the fall …
Read More »Central Bank of UAE publishes Financial Stability Report for 2018
Media IN ABU DHABI, 8th July, 2019 (WAM) The Central Bank of the UAE, CBUAE, has launched the recent edition of the UAE Financial Stability Report (FSR). The report provides relevant information, financial data, and stability assessments related to the UAE financial system, reinforcing the confidence and transparency in the …
Read More »Abu Dhabi Securities Exchange discuss with Morgan Stanley delegation on enhancement of business relations
Media IN ABU DHABI, 8th July, 2019 (WAM) The Abu Dhabi Securities Exchange, ADX, recently met with an executive delegation from Morgan Stanley to discuss how to develop business relations between both entities. Khalifa Salem Al Mansouri, Acting Chief Executive of the ADX, said, “This was a valuable introduction for …
Read More »18,000 workers lose jobs in Deutsche Bank on Monday
Media IN London 8th-07-2019 According to BBC report, Deutsche Bank has taken the first step of cutting 18,000 jobs as revealed earlier on Sunday as part of its radical strategic restructuring plan. Teams of share traders in Tokyo and other locations in Asia were dismissed on Monday. By mid-morning, shares …
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