Media In / Riyadh May 29, The monthly statistical bulletin of the most prominent economic indicators issued by the Saudi Monetary Agency (SAMA) revealed that the volume of residential mortgage loans provided by all financing institutions from commercial banks and retail companies for April 2019 continued to grow at the …
Read More »USD rate Stable at KD 0.303, Euro at KD 0.339
Media IN Kuwait, May 29 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 stabilised at KD 0.339, said the Central Bank of Kuwait The Central Bank of Kuwait added that the British Pound …
Read More »Amman Bourse rises
Media IN Amman, May 29, 2019, SPA Amman Stock Exchange (ASE ) opened trading with a rise to 1,812 points compared to last session closure of 1,810 points. The market index fluctuated in the first 15 minutes of today’s session between 1,810 points and 1,814 points with a trading volume …
Read More »Central Bank of Bahrain Treasury Bills oversubscribed by 358%
Media IN Manama, May 29 (BNA): Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 358%. The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of Bahrain. The issue date of the …
Read More »Bahrain All share index closed higher
Media IN Manama, May 29 (BNA): Bahrain All Share Index has closed at 1,430.14 points marking an increase of 2.55 points above the previous closing . This increase was due to the rise in the Commercial Banks Sector and Services Sector. Bahrain Islamic Index has closed at 762.70 points …
Read More »Careem acquires UAE-based bike share service Cyacle
The new app will be available for iOS and Android as the one in the picture above is used for illustration purpose Media IN Abu Dhabi 29-05-2019 Careem has entered the micro-mobility space with the acquisition of UAE-based company Cyacle. Cyacle which was launched in December 2014 is fully-automated docked …
Read More »Malaysia Sustains its 22nd position in World Competitiveness centre Yearbook 2019
Media IN Kuala Lumpur, May 29: Malaysia has maintained its 22nd rank, among 63 countries, in the World Competitiveness Yearbook (WCY) 2019 published by IMD World Competitiveness Centre, based in Lausanne, Switzerland. With a score of 82.54 out of 100 points, Malaysia sustained its position for the second year, reflecting …
Read More »Saudi Arabia jumps13 places to the 26th position in the IMD World Competitiveness Yearbook 2019
Media IN RIYADH: 29-05-2019 The Kingdom of Saudi Arabia jumped 13 positions, the highest leap among the 63 participating countries, in the IMD World Competitiveness Yearbook 2019 issued today by the IMD International Institute for Management Development (IMD), in Lausanne, Switzerland. The Kingdom of Saudi Arabia is now ranked 26th, …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 29th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$68.84 a barrel on Tuesday, compared with US$67.42 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …
Read More »Saudi Arabia’s total exports increased by 32% in 2018
Media IN Riyadh – Mubasher: 29-05-2019 Saudi Arabia’s total exports increased by 32.69% to SAR 1.104 trillion, marking the highest rate since 2014, during the year ended 31 December 2018, versus SAR 831.88 billion in the same period of the prior year. The GCC nation’s oil exports jumped by 36% …
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