Media ININ Economy We Trust
Media IN Vienna, Austria, June 12, 2019. OFID – the OPEC Fund for International Development – has approved more than US$580 million of new funding to benefit developing countries across the globe. The 167th Session of OFID’s Governing Board approved the funding at the organization’s Vienna headquarters. The public sector …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 13th June, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$61.01 a barrel on Wednesday, 12th June, compared with US$62.56 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 »Number of Operating Businesses in Ras Al Khor hit 1,765: BRL report
Media IN DUBAI, 13th June, 2019 WAM According to a report by the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, states that the number of operating businesses in Ras Al Khor has reached 1,765. The licenses issued according to the activities were: commercial …
Read More »Mohamed bin Zayed highlights on available investment opportunities in UAE with German business representatives
Media IN Berlin: 13th-06-2019 His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces said that the UAE’s economic approach is based on openness, diversity, flexibility and partnerships that aim to achieve sustainable development. The statement was made …
Read More »Korean International Trade Association (KITA) hosts Business Seminar on investment in Abu Dhabi
Media IN Seoul, 13th June 2019. The Korea International Trade Association (KITA) held a seminar on investment in the UAE Khalifa Industrial Zone Abu Dhabi (KIZAD) at the Trade Tower in Samseong-dong, Seoul, on June 11. The seminar, held on Tuesday, was attended by around 120 major companies, private sector …
Read More »Sheikh Mohammed enacts new DIFC Employment Law
Media IN DUBAI, 13th June, 2019 WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a new Employment Law for the Dubai International Financial Centre, DIFC. The newly-enacted Law No. 02 of 2019 compliments the DIFC’s commitment to international best …
Read More »JD 100 million investments of Jordanian Social Security Fund in renewable energy
Bahrain Bourse closed with increased points
Media IN Manama, June 12 2019 (BNA): Bahrain All Share Index has closed at 1,451.00 points marking an increase of 0.93 points above the previous closing . This increase was due to the rise in the Commercial Banks Sector, Services Sector and Industrial Sector. Bahrain lslamic Index has …
Read More »USD rate stable at KD 0.303, EUR at 0.343
Media IN Kuwait, June 12 2019 (KUNA) The exchange rate of the US Dollar on Wednesday was stable exchanging at KD 0.303, the same case with the Euro which also stabilized at KD 0.343, said the Central Bank of Kuwait . The Central Bank of Kuwait added that the British …
Read More »Amman Bourse rises
Media IN Amman, June 12, 2019, SPA Amman Stock Exchange (ASE) on Wednesday opened trading with a drop to 1,804 points from its yesterday’s closure of 1,806 points. The market index fluctuated in the first 15 minutes of today’s session between 1,804 points and 1,807 points with a trading volume …
Read More »