News

Media IN Dubai  9th-06-2019: The UAE Internal Auditors Association (UAE-IAA) and   Institute of Internal Auditors-Oman (IIA-Oman) have signed a Memorandum of Understanding (MoU) with a validity of three years. The agreement will facilitate both the organisations go in for joint cooperation and promotion and also to work for professional honing …

Media IN Fukuoka, Jun. 9 2019 Trade and economy ministers of the Group of 20 major economies met Sunday in Japan to discuss ways to reorder trade rules and finances in an era of technological change and protectionism. Major progress, and a decision on whether Washington will impose 25% tariffs …

Media IN KUWAIT, June 8 2019 KUNA The price of Kuwait oil went up USD 1.84 to USD 62.26 per barrel (pb) at USD 60.42 the day before, Kuwait Petroleum corporation (KPC) said on saturday. Meanwhile, the Brent crude future contracts closed the trading session up USD 1.62, settling at …

Media IN LONDON  7th-06-2019 Europe saved $8 billion on its natural gas bill last year because surging U.S. shale production and a shake-up in EU energy markets forced Russia to change its gas pricing mechanism, the head of the International Energy Agency said on Friday. During his speech, the Executive …

Media IN LONDON, June 07, 2019, SPA Sterling was on course for its first weekly gain in five on Friday, helped mostly by a weakening dollar. Sterling rose 0.2% to $1.2710, leaving it up 0.6% and snapping four consecutive weeks of losses. Against the euro the British currency has struggled, …

Media IN TOKYO, June 07, 2019, SP France’s CAC 40 edged up 1.2% in early trading to 5,341.86. Germany’s DAX added 0.6% at 12,019.60. Britain’s FTSE 100 was at 7,313.81, up 07%. U.S. shares were set to drift higher with Dow futures gaining 0.3% at 25,823. S&P 500 futures also …

Media IN TOKYO, June 07, 2019, SPA Japan’s Nikkei 225 gained 0.5% to finish at 20,884.71, while Australia’s S&P/ASX 200 rose nearly 1.0% to 6,443.90. South Korea’s Kospi inched up less than 0.1% to 2,069.38. Chinese markets were closed for a holiday. Benchmark U.S. crude gained 65 cents to $53.24 …

Media IN VIENNA, 7th June, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$60.88 a barrel on Thursday, 6th June 2019, compared with $61.04 the previous day according to OPEC Secretariat calculations The fourteen crudes, from separate OPEC member countries, include a mix of blends and …

Managing Director of International Monetary Fund (IMF) Christine Lagarde Media IN WASHINGTON, 7th June, 2019 (WAM) The International Monetary Fund  in its annual review of the US economy, warned that “material risks” overshadow the outlook, including trade uncertainty, rising debt levels and growing inequality. It is especially important that the …

Median IN St. Petersburg, June 7, 2019. The St. Petersburg International Economic Forum 2019 (SPIEF), which was organised yesterday June 6, 2019 in Russia was attended by His Highness Sheikh Hamad bin Zayed Al Nahyan, President of Abu Dhabi Crown Prince’s Court, Sheikh Hamed attended the “opening” session of the …