News

Media IN VIENNA, 3rd June, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$64.15 a barrel on Friday, 31st May, compared with US$67.10 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …

Media IN London 3rd-June-2019 The ratings agency S&P Global said, that Abu Dhabi’s GDP growth will rise up to 2 percent this year and continue to gradually climb to 3 percent by 2022, According to S&P Global in a note distributed on Sunday, said that it expects the marginal growth …

Media IN RIYADH  3rd-June-2019 The unemployment rate among Saudis has dropped to 12.5 percent during the first quarter of 2019 compared to 12.7 percent in the previous quarter, according to the latest figures of the Labor Market Bulletin published on Sunday by the General Authority for Statistics (GaStat). The unemployment …

Media IN Manama, 3rd-June-2019 (BNA):  Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, released its consolidated financial statements for the year ended 31st December 2018 Total assets of the state investor grew to US $16.8 billion (BD 6.3 billion) in 2018 from $15.4 billion in …

Media IN Amman, 02 June, 2019, SPA Amman Stock Exchange (ASE) opened trading on Sunday with a rise to 1,811 points compared to 1,806 points of last session closure, according to market sources. The market index fluctuated between 1,807 points and 1,811 points in the first 15 minutes of today’s …

Media IN Manama,. 2nd-June-2019 BNA:   Bahrain All Share Index has closed at 1,435.22 points marking an increase of 1.69 points above the previous closing. This increase was due to the rise  in the Commercial Banks Sector, Investment Sector and Services Sector. Bahrain lslamic Index has closed at 768.82 points …

Media IN Abu Dhabi 2nd-June-2019 :WAM  The Abu Dhabi Department of Economic Development (ADDED) announced that it has successfully conducted over 10,000 field inspection visits to commercial facilities spread all over the Emirate of Abu Dhabi during the Holy Month of Ramadan. As part of the inspections, approximately 100 fines …

Media IN SEOUL 2nd-06-2019: Mr Tim Clark who is also  Emirates airline President said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation. The forecast …

Media IN Abu Dhabi, 1st June, 2019 WAM Under the directives of  his Highness Sheikh Mohamed bin Zayed Al-Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE’s Armed Forces, and Chairman of the Executive Council, the council has issued resolution No. 127 for 2019, reducing municipal fees …

Media  In /1 June 2019 / WAM Etisalat today announced another doubling of domestic internet speeds through eLife packages, offering its customers the chance to enjoy one of the fastest fixed broadband services in the region, enhancing the subscriber experience of using multiple smartphones simultaneously. Etisalat has doubled the speed …