Media IN Fujairah, 15th May, 2019 (WAM Oil product inventories at the UAE’s East Coast Port of Fujairah were little changed in the week ending 13th May, after nearby incidents of sabotage of vessels and volatility in crude prices kept buyers at bay, according to data released Wednesday by the …
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Media IN Manama, May 15 2019 (BNA): National Bank of Bahrain (NBB) has taken a role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers. Open banking enables account holders to share their account information and …
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Media IN Dubai, 15th May, 2019 (WAM) The Director of Dubai Customs Chaired a meeting of the consultative council and officials discussed how to enhance cooperation with the vegetable and fruit sector. The meeting was attended by CEO of Dubai Export Development Corporation, and representatives of DP World, Dubai Chamber, …
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Media IN Dubai, 15-05-2019 Majid Al Futtaim today rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark corporate Green Sukuk and the first Green Sukuk issued by a corporate in the region. “We love listing our financial instruments and will continue to do …
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Media IN Fujairah, 15th May, 2019 (WAM) In abid to improve financial inclusion in the region, National Bank of Fujairah has announced that ithas participated in the Arab Financial Inclusion Day, an initiative adopted by Arab Monetary Fund, AMF, and the Council of Governors of Arab Central Banks. This was …
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Media IN Abu-Dhabi, 15th May, 2019 (WAM) In abid to boost liquidity, and compensate banks of funds withdrawn out of excess liquidity in the market, the Central Bank of UAE has injected AED 7.3 billion cash to the financial system for the month of march. This was aimed at regulating …
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Media IN KUWAIT, 15th May, 2019 The price of Kuwaiti oil went down US$1.14 to $70.62 per barrel, on Tuesday, compared to US$71.76 pb last Monday, Kuwait Petroleum Corporation said on Wednesday. the price of the Brent crude contracts went up $1.01 to $71.24 pb, also the West Texas Intermediate …
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Media IN DUBAI, 15th May, 2019 (WAM) Today DMCC, a Free Zone for commodities trade and enterprise, announced its collaboration with TradeAssets, the first blockchain-powered trade finance e-marketplace of its kind for banks. As a result of the collaboration with DMCC, Tradeflow, a dedicated flexible and customised online platform for …
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Media IN Tokyo 15-05-2019 Japan’s Nikkei closed higher today in volatile trade to halt a seven-day losing streak as stocks in the region received support from expectations that China may apply a new set of incentives to support a slowing economy. The Nikkei <.N225> was up 0.6% at 21,288.56, after …
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Media IN Abu-Dhabi 15-05-2019 The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Mohamed Barkindo, stressed that the region needs more peace and stability as the most important strategic region in the world to ensure the flow of oil supplies. “Any tension that affects the world affects its …
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