Media IN Tokyo, May, 22 2019 (KUNA) Kuwait’s trade surplus with Japan jumped 44.4 percent from a year ealier to JPY 70.9 billion (USD 641 million) in April, expanding for the first time in two months buoyed by strong exports, the Finance Ministry said Wednesday. Kuwait overall exports to Japan …
Read More »Wall Street Closing higher
Media IN New York, May 22, 2019, SPA The Dow Jones industrial average rose 197.43, or 0.8 percent, to 25,877.33. Twenty-five of the index’s 30 components gained, led by Intel and Caterpillar, which each surged more than 2 percent. Apple and United Technologies each climbed nearly 2 percent. Boeing advanced …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 22nd May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$71.71 a barrel on Tuesday, 21st May, compared with $72.47 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »IBA’s Maritime and Transport Law Conference in Oslo to be sponsored by EMAC
Media IN Dubai, 22nd May, 2019 WAM The Emirates Maritime Arbitration Centre, EMAC, has announced its sponsorship of this year’s IBA maritime and transport conference, themed: Opportunities and Risks in Shipping in 2019 taking place in Oslo and concluding today. The initiative is not only a pivotal opportunity for EMAC …
Read More »Etihad Credit Insurance Partner with Dhaman to support growth and expansion of UAE businesses
Media IN Dubai, 22nd May, 2019 WAM Etihad Credit Insurance (ECI) has signed a reinsurance agreement with Dhaman an Arab Investment and Export Credit Guarantee Corporation, to support the growth and expansion of the UAE businesses. This agreement will further enhance the inter-Arab trade and UAE exports globally, in line …
Read More »EPPCO Partners with FAMCO to supply Oils and Lubricants
Media in Dubai 21-05-2019 / EPPCO Lubricants signed an exclusive three-year memorandum of understanding with Al-Futtaim Machinery and machinery Company (FAMCO) for the supply of oils, refrigerants and lubricants for FAMCO operations in the UAE. According to the memorandum, EPPCO Lubricants will supply approximately 22,500 barrels, equivalent to 3.577 million …
Read More »DFM organizes its international investor roadshow in New York, 10-11 June 2019
Media IN Dubai 21-05-2019 WAM As part of its endeavor to further attract international investments and strengthen links between listed companies and institutional investors, the Dubai Financial Market (DFM) will hold its International Investor Roadshow on Monday and Tuesday 10-11 June 2019 in New York in collaboration with HSBC. The …
Read More »SCCI Enters third week of Ramadan Festival under the theme: ”Have Ramadan and surprises.”
Media in Sharjah 21-05-2019 / WAM The Sharjah Ramadan Festival 2019, organized by the Sharjah Chamber of Commerce and Industry (SCCI), continues its 30th edition under the theme “Have Ramadan and surprises” in cooperation with a number of local government departments and institutions and the private sector. With the third …
Read More »Bahrain’s general and Islamic indices are closing higher
Manama \Media in, 21-25-2019 Bahrain General Index closed at 1,409.43 points, up 12.97 points from the previous close. The index closed at 734.97 points, up 1.81 points from the previous close. The volume of shares traded today amounted to 4, 188 thousand and 150 shares with a total value of …
Read More »ADNEC to participate in IMEX Frankfurt exhibition 2019
21-05-2019 Media in\ Abu Dhabi Abu Dhabi National Exhibitions Company (ADNEC) will take part in the exhibition “Imex Frankfurt 2019”, which will be held from 21 to 23 May. ADNEC’s participation in the exhibition is part of its efforts to diversify the company’s portfolio and establish Abu Dhabi as a …
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