Media iN / Tokyo 14-05-2019 Japan’s Nikkei fell to a three-month low on Thursday as investor sentiment received a fresh blow after China challenged Washington to declare retaliatory tariffs, pushing most sectors down. The Nikkei ended the session down 0.59% at 2,1067.23 points, after falling to 20,751.45, the lowest since …
Read More »USD, Euro stable while British pound Sterling declines in the Foreign Exchange Market
Media IN Kuwait 14-05-2019 The Exchange rate of the US Dollar on Tuesday was stable exchanging at KD 0.303, the same case with the Euro which exchanged at KD 0.341, said the central bank of Kuwait (CBK) The CBK added that the British Pound Sterling went down to 0.393, while …
Read More »Third meeting of the Supreme Authority of the Central Bank in 2019
14-05-2019 Media in\ Abu Dhabi The Supreme Shari’ah Committee for Financial and Banking Activities in the State held its third meeting in 2019 under the chairmanship of His Excellency Sheikh Dr. Ahmed Abdul Aziz Al Haddad, Chairman of the Commission and the presence of the Honorable members of the Commission, …
Read More »New routes added by Gulf Air
Media IN Manama, May 14 2019: Gulf Air is reinforcing a balance between the Eastern and the Western routes, the airline is expecting two more planes this summer to bolster its existing and upcoming frequencies. Gulf Air’s Chief Executive Officer,said there has been a focus on bolstering the airliner’s capacity, …
Read More »Russia’s Gold Reserves shoot up in Q1 2019
Media IN Moscow, 14-05-2019 Russia’s gold reserve rose by 17.8 tons in March to 2168.3 tons compared to last year, reaching almost 2112 tons, the World Gold Council said in its may report. Russia is ranked fifth in the world with reserves of precious metal and topped the third quarter …
Read More »US stocks start trading lower
Media IN New York, May 14 2019 Major US stock indexes fell on Tuesday. The Dow Jones industrial fell 374.31 points, or 1.44 percent, to 2,558.06. The standard and poor’s 500 index shed 41.21 points, or 1.43 percent, to 2,840.9. The NASDAQ composite Index shed 196.87 points, or 2.49 percent, …
Read More »Experts urge all countries to ensure Maritime safety
Media IN Abu-Dhabi, 14th May, 2019 The Assistant International Law Professor at the Law School of UAEU, pointed out that international law guarantees the freedom and safety of maritime navigation and punishes violators and attacking commercial ships is a crime according to international law. The Dean of the Law School …
Read More »IMF signs agreement with Pakistan to resolve financial crisis
Media In Islamabad 13-05-2019 / WAM Pakistan has announced an agreement with the International Monetary Fund (IMF) to receive $ 6 billion over three years. The Pakistani media minister, said her government would be able to overcome economic challenges against the backdrop of the agreement between the government and the …
Read More »AED 12.2 million net profit for the first quarter of 2011
Media IN Abu Dhabi 13-05-2019 Arkan Building Materials posted a profit of AED 12.22 million in the first quarter of 2019, an increase of 4.4% over the same period last year, while revenues stood at AED 234.99 million. “We continue our efforts to maintain our operational margins by optimizing our …
Read More »Industrial producer prices rise. During the month of March in Jordan
Media In / Amman, May 13, The Jordanian Ministry of Statistics confirmed that the industrial producer price index for the month of March 2019 rose to 119.99, compared to 119 for the same month of 2018, recording an increase of 0.8 percent. Among the major industrial groups that contributed to …
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