Media IN \ Berlin 10-05-2019 / WAM German exports unexpectedly rose in March, suggesting that the slowdown in Europe’s biggest economy will not have a major negative impact on growth in the first quarter, despite adverse factors stemming from unresolved trade disputes, data showed on Friday. The Fed said seasonally …
Read More »The Paris Stock Exchange closed down 1.93 percent
Media in\ Paris 10-05-2019 / WAM The Paris Stock Exchange ended the day with a sharp decline of 1.93 percent. The CAC 40 index shed 104.43 points to close at 5313.16 points, amid a trade volume of 3.9 billion euros.
Read More »OPEC daily basket price announced for Thursday
Media IN/Abu-dhabi/10th May, 2019 (WAM) VIENNA: The price of OPEC basket of fourteen crudes stood at US$69.66 a barrel on Thursday, compared with US$69.88 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy crudes, …
Read More »Nikkei is the biggest weekly loss since the beginning of the year
Media IN / Tokyo 10-05-2019 / WAM Japan’s Nikkei average suffered its biggest weekly loss in more than four months on Tuesday as the United States raised tariffs on Chinese goods, raising a trade dispute that is increasingly damaging other Asian economies dependent on exports. The benchmark Nikkei <.N225> was …
Read More »Dubai’s non-oil private sector growth accelerates in April
Media IN/Abu-dhabi/09-05-2019 Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector improved at a …
Read More »The Egyptian Stock Exchange is gaining LE 3 billion and its main index is rising at the close
Media In Cairo 09-05-2019 Egyptian stock indexes rose massively in today’s trading to succeed in halting the sharp loss of losses over the past four sessions, supported by buying by Egyptian and foreign investment institutions and funds on a selection of stocks after reaching very attractive levels. The end of …
Read More »“DAE record US$99.0 million for the first quarter of 2019
09-05-2019 Media in\ Dubai Today, Dubai Aerospace Enterprise (DAE) announced its revenue for the first quarter of 2019. According to the financial results for the three months ended 31st March, 2019, DAE’s profit amounted to US$99.0 million, while it was US$96.0 million during the same period last year. Dubai Aerospace …
Read More »The “Ramadan and Eid Exhibition” opens at Khorfakkan Expo
Sharjah\ 09/05/2019 \WAM The exhibition “Ramadan and Eid” will be held at the Expo Khorfakkan Center, which will run until June 5th within the Sharjah Ramadan Festival launched by Sharjah Chamber of Commerce and Industry in all cities and regions of the Emirate. The exhibition aims to revitalize the economic …
Read More »UAE &PORTUGAL sign MoU on quality assurance and food security
Media IN/Abu-dhabi/ 9th May, 2019 (WAM) During their third meeting of the Joint Committee in Abu Dhabi yesterday, UAE and Portugal signed two memoranda of understanding (MoUs) on quality assurance and food security , where both sides also explored means of boosting cooperation in various sectors. The meeting was co-chaired …
Read More »Japanese stocks fall to a six-week low ahead of US-China talks
MediaIn Tokyo 09-05-2019 Japan’s Nikkei average fell for a fourth session today to close at its lowest level since late March amid investor caution ahead of the next round of China-US trade talks. The Nikkei fell 0.93% to close at 21,402.13 points, its lowest close since March 29. The broader …
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