Media in\ Abu Dhabi 21-05-2019 Abu Dhabi Securities Exchange (ADX) announced that its public and private shareholding companies’ shareholding ratio was 95.3% in the first quarter of 2019. This is within the period of legal time limit for the disclosure of the results of listed companies, which is limited to …
Read More »Dana Gas commences drilling Operations at Egypt’s Merak -1 Well
SHARJAH, 21st May, 2019 (WAM) — Dana Gas a leading gas company in Sharjah, announced it has begun drilling operations at itsEgypt’s offshore Merak-1 well, one of the three world class exploration prospects in Block 6, on 20 may. This block is in the Eastern Mediterranean Basin where other giant …
Read More »OPEC daily basket price announced for Monday
Media IN VIENNA, 21st May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$72.47 a barrel on Monday, 20th May, compared with $72.57 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »OFID Partner with UNDP to improve use of data for development in Arab region
Media IN VIENNA, 21st May, 2019 WAM OPEC Fund for International Development,OFID was established in January 1976 by the then 13 member countries of OPEC; including the United Arab Emirates. In 2006 the Coordination Group comprised of Arab National and Regional Development Institutions, the Islamic Development Bank, and OFID initiated …
Read More »Asian stocks mixed after Wall Street fall on Huawei tension
Media IN BEIJING 21-05-2019 (AP) Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai and Seoul advanced, while Tokyo, Hong Kong and Sydney declined. The Shanghai Composite Index gained 0.3% to 2,880.71 while Tokyo’s Nikkei …
Read More »AL MAZROUEI lauded JMMC for compliance to Declaration of conformity for April 2019 as Highest
Media IN Jeddah 20-05-2019 / WAM The Minister of Energy and Industry headed the delegation of the participating country in the 14th meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and the countries outside it, which was held …
Read More »UAE Sign Bilateral agreements with Mali for mutual economic benefit
MEDIA IN Abu Dhabi 20-05-2019 / WAM His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today signed a number of agreements and memorandums of understanding between the UAE and the Republic of Mali in the fields …
Read More »Kuwait Bourse market Index gains points on Monday
Media IN Kuwait 20-05-2019 KUNA Boursa Kuwait ended trading Monday on mix board as the premier market index went up by 2.47 points to reach 6,007.31 points. The value of trades was KD 22.1 million with the volume reaching 76.1 million shares done through 5,296 deals
Read More »BAHRAIN: Sukuk Al-Salam issues 217 Securities
Media IN Manama, May 20 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 294%.Subscriptions worth BD126.444 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on …
Read More »Asian shares mixed on Monday:
Media IN Seoul, May 20, 2019, SPA In Australia, the S&P ASX 200 rose 1.7% to 6,476.10, Indian benchmark Sensex added 2.7% to 38,950.96, Japan’s Nikkei 225 index edged up 0.2% to 21,301.73, Shanghai Composite index lost 0.5% to 2,867.72 while Hong Kong’s Hang Seng index slipped 0.6% to 27,768.26. …
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