Media In / Dammam 26 June 2019 The Second container terminal at King Abdul Aziz Port in Dammam has recently received the largest container ship in the history of Saudi ports through the cosco solar, which is 400 meters long and 59 meters wide with a capacity of 21,300 TEUs, …
Read More »Sharjah Islamic Bank issues lowest ever AT1 USD in GCC
Media IN Sharjah – 26, June, 2019 WAM Sharjah Islamic Bank, the leading Islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising USD 500 million at the lowest price of 5%. The yield Sharjah Islamic Bank’s AT1 Sukuk offers, is the lowest for …
Read More »Expo 2020 Dubai Invests AED 2.4 bln in Small-and Medium-Sized businesses.
Media IN Dubai – 26 June 2019 WAM The first World Expo ever to be held in the Middle East, Africa and South Asia has committed to diverting 20 percent of its total direct and indirect spend towards SMEs, and as construction on the site nears completion, organisers are urging …
Read More »138 complaints received by RAK Economy in two months
Ras Al Khaimah – 26 June The number of complaints and observations received by the economy of Ras Al Khaimah from consumers during the months of April and May of this year, “138” complaints, about 71% of the errors committed by some shops in the field of honesty and credibility …
Read More »Wall Street stocks fell during closure on Wednesday
Media IN New York, June 26, 2019, SPA U.S. stocks fell Tuesday; the Dow Jones industrial average fell 179.32, or 0.7 percent, to 26,548.22. The broader Standard & Poor’s 500 index fell 27.97, or 0.95 percent, to 2,917.38. The technology-heavy Nasdaq composite index fell 120.98, or 1.5 percent, to 7,884.72.
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 26th June, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$64.79 a barrel on Tuesday, 25th June, compared with $65.05 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Abu Dhabi Government reinforces commitment to private sector with 9 new initiatives
ABU DHABI, 26th June, 2019 (WAM) — The Abu Dhabi Government, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has reinforced its commitment to the private sector’s development, launching nine new initiatives …
Read More »European leaders call for finalizing agreement with Mercosur
BRUSSELS, 25-06-2019 Seven heads of state and government of the European Union (EU) signed a letter on Spanish Prime Minister Pedro Sanchez’s initiative to call for the finalization of negotiations on the trade agreement between Brussels and the Group of South American Countries (Mercosur). The heads of government of the …
Read More »“Saudi Electricity” wins Arab Ideas Award 2019
Media IN Riyadh 25-06-2019 National Transport Company, a subsidiary of Saudi Electricity Company, today received two best technology proposals and the best proposal in the occupational safety and health category of the 2019 Arab Ideas Competition organized by the Dubai Quality Group. The two awards came from two creative ideas, …
Read More »The London Stock Exchange closed slightly higher
London 25-06-2019 SPA The London Stock Exchange (FTSE 100) ended the day slightly higher. The index of the top 100 companies on the London Stock Exchange gained 0.08 percent, or 5.74 points, to 7422.43.
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