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Median IN BANGKOK, June 05, 2019, SPA Germany’s DAX led the way, climbing nearly 0.9% to 11,893. Britain’s FTSE 100 rose 0.1% to 7,194 and the CAC 40 in France also picked up 0.1% to 5,247. Wall Street looked set to rise on the open, with the future contract for …

Media IN DUBAI, 4 June, 2019 WAM Energy giant BP has agreed to sell off its mature assets in Egypt’s Gulf of Suez for an undisclosed fee. Under the agreement, Dragon Oil, a subsidiary of Dubai’s Emirates National Oil Company, will purchase BP’s producing and exploration licences including its interest …

Media IN Manama, 3 June, 2019 BNA: The Central Bank of Bahrain announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 109%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom …

Kuwait, June 3rd-June-2019 KUNA The exchange rate of the US Dollar remained at KD 0.303, so did the Euro at KD 0.339, said the Central Bank of Kuwait on Monday. The Central Bank of Kuwait indicated that the British pound sterling came down to KD 0.383, while the Swiss Franc …

Kuwait, 3rd-June-2019 KUNA Boursa Kuwait ended trading Monday in the green Zone as the premier market index went up by 47.13 points to reach 6,276.36 points. The main market index went up by 22.31 points to reach 4,767.42 points; on the other hand, the All share market index went up …

Media IN Seoul,  03, June 2019, SPA China’s Shanghai Composite lost 0.3% to 2,890.08 after surveys showed a deteriorating manufacturing outlook in May. Japan’s Nikkei 225 index lost 0.9% to 20,410.88, and Hong Kong’s Hang Seng shed 0.1% to 26,871.23. The S&P ASX 200 dropped 1.2% to 6,320.50, and South …

Media IN Muscat 3rd-June-2019: Oman has introduced new decree granting tax exemptions for tourism projects in Musandam, plans are underway to introduce more than 30 plots of land to investors according to the Minister of Tourism. The Minister of Tourism said that the Ministry currently has several plots in the …

Media In / Jeddah 3 June 2019 The General Authority for Ports, represented by the Jeddah Islamic Port, will participate in the exhibition of transport logistics 2019 during the period from 4 to 7 June 2019 in Munich, Germany, which is the largest and most important trade exhibition specialized in …

Media In / Amman 3 June 2019 The Ministry of Energy and Mineral Resources authorized six international companies to implement the project of producing wind power by 50 megawatts within the projects of the third round of direct offers. The list of companies that have technically qualified for the tender …

Media IN MOSCOW 3rd-June-2019 The Energy Ministry data showed on Sunday that Russian oil output fell to 11.11 million barrels per day (bpd) in May, its the lowest level since June 2018, from 11.23 million bpd in April. The production fall resulted mainly from the closure due to oil contamination …