News

Media IN Dubai 8th-07-2019 According to a statement by the UAE’s Ministry of Economy, trade exchange between the UAE and Bahrain reached AED 28.3 billion ($7.7 billion) at the end of 2018. This came on the sidelines of a meeting between the UAE’s economy ministry Sultan bin Saeed Al Mansoori …

Media IN Abu Dhabi 8th-07-2019 Dana Gas, a leading gas company based in Sharjah, has repurchased 368,250 shares as part of the buy-back programme previously approved by the UAE’s Securities and Commodities Authority (SCA) on 20 May 2019. The price of purchase transactions stood at AED 0.949 per share, the …

Media IN JAKARTA, 8th July, 2019 (WAM) Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry, headed the UAE delegation participating in the joint meeting of the UAE-Indonesia Economic Work Team, held in the Indonesian capital, Jakarta. The delegation discussed various aspects including strengthening  bilateral relations …

Media IN SHARJAH, 8th July, 2019 (WAM) Sharjah Research, Technology and Innovation Park, SRTI park, recently held its first SRTI Park Business Roundtable meeting for the representatives from business councils and commercial attaches, to strengthen the economic and investment partnership between the park and the business community in the UAE. …

Media IN ABU DHABI, 8th July, 2019 (WAM) The Electricity Tariff Incentive Programme, ETIP, which was launched in line with the Abu Dhabi Development Accelerators Programme, “Ghadan 21”, is expected to contribute to the increase in capital of companies, which will enable them to further develop their industrial products, enhance …

Media IN Abu Dhabi: 8th-07-2019 The Securities and Commodities Authority (SCA) has amended an administrative resolution related to regulating the “General Real Estate Investment Fund,” which will be in force upon its issuance. The SCA  clarified new regulations related to assessing “in-kind shares” in investment funds, which include defining the …

Muscat 07-07- 2019 SPA The Muscat Securities Market index closed today at 3,386.73 points, down by 8 points and 0.15%. The turnover amounted to 684 thousand and 955 riyals a low of 7.5%. The Muscat Securities Market report showed that the market value increased by 0.00% from the last trading …

2019-07-07 Kuwait KUWAIT: Kuwait Stock Exchange (KSE) opened its weekly trading today at a record high of 55.8 points, reaching a level of 2,6006 points, a rise of 0.94%. The total volume of transactions in the general index amounted to 176 million shares through 7235 transactions worth KD 46.14 million …

Riyadh 07-7- 2019 The index of major Saudi shares closed today, down 35.42 points to close at 8811.11 points, and trades worth more than 1.8 billion riyals. More than 89 million shares were traded, with more than 74,000 shares making gains in 64 companies, while 109 stocks ended lower. Cement, …

Manama, 07/07/2007 Bahrain Stock Exchange index closed at 1,537.05 points, up 25.85 points from the previous close, while the Bahrain Islamic Index closed at 755.38, down 0.60 points from the previous closing rate. The volume of traded shares amounted to 5 million 828 thousand and 812 shares with a total …