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Japanese stock index closes at 3-month low

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 …

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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, …

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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 …

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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, …

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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 …

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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 …

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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 …

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