News

23-05-2019 media IN \Abu Dhabi The United Arab Emirates (UAE) will hold a delegation headed by HE Sultan bin Saeed Al Mansouri, Minister of Economy, at the “Select American Investment 2019” summit which will be held in Washington DC from June 10 to 12. The delegation includes the Undersecretary of …

Media IN Dubai 23rd, May 2019 WAM Dana Gas obtained approval from the UAE market regulator to buy back up to 10 per cent of its shares, a move that is in line with the company shareholders’ decision last month. The Securities and Commodities Authority (SCA) permitted the company to …

Media IN Dubai, 23rd May, 2019 WAM Global port operator DP World Thursday said its joint venture with the National Investment and Infrastructure Fund (NIIF) HIPL has acquired 76 stake stake in KRIBCHO Infrastructure Ltd (KRIL). Hindustan Infralog Pvt Ltd (HIPL) is a joint venture between DP World and NIIF. HIPL has acquired KRIL through its subsidiary …

 Media IN Riyadh, May 23, 2019, SPA The Ministry of Finance announces that it has closed the May 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2,840 billion. The Sukuk issuances were divided into two tranches as follows: – The first …

Media IN Muscat, May 23, 2019, SPA Muscat Securities Market (MSM) general index (30) today added (14.46) points, comprising a rise by (0.374%) to close at (3875.89) points, compared to the last session, which stood at (3861.43) points. The trading value today stood at (RO 744,706), comprising a decline by …

Media IN Dubai, 23rd May, 2019 WAM Following a strong start to 2019, Dubai Business Events (DBE), the city’s official convention bureau, showcased Dubai’s dynamic business events offerings yet again at IMEX, the worldwide exhibition for incentive travel, meetings and events. The aim of DBE’s participation at the event in …

Media IN Abu-Dhabi, 23rd May, 2019 WAM The UAE Central Bank has announced that the Money Supply aggregate M1 fell by 0.9 percent from AED512 billion at the end of March 2019 to AED507.3 billion at the end of April 2019. The Money Supply aggregate M2 increased by 0.5 percent …

Media IN Kuwait 23rd May, 2019 The exchange rate of the US Dollar remained stable at KD 0.304, same did the Euro at KD 0.339, said the Central Bank of Kuwait on Thursday The CBK added that the British Pound Sterling remained low at 0.384, while the Swiss Franc was …

Media IN New York, May 23, 2019, SPA The Dow Jones industrial average fell 100.72, or 0.4 percent, to 25,776.61. Eighteen of the index’s 30 components were lower, led by Apple, which dropped more than 2 percent. Goldman Sachs and Boeing each lost at least 1.7 percent. Coca-Cola led advancers, …

Media IN /kuwait 23/may 2019 The Kuwait Foreign Petroleum Exploration Company (KUFPEC), represented by its subsidiary KIRHATAR Pakistan, has entered into a licensing agreement Exploration and excellence of Petroli in the sector of Makhad in Pakistan, which extends over an area of ​​1560 square kilometers. The agreement was signed on …