Media In \ Moscow 01-05-2019 – The Moscow stock exchange saw a slight drop in the US dollar against the Russian ruble at the opening of trading on the Moscow bourse today. The dollar fell 6 kopek to 64.63 rubles, while the single currency rose 11 kopecks to 72.31 rubles.
Read More »Kuwait oil price up to US$72.09 pb
Media IN/ KUWAIT, 1st May, 2019 (WAM) The price of Kuwaiti oil went up by 70 cents to US$72.09 per barrel on Tuesday, 30th April, compared to $71.39 pb on Monday, Kuwait Petroleum Corporation said Tuesday. According to the Kuwait News Agency, KUNA, Brent crude prices also rose by 76 …
Read More »ADNOC Distribution net profit grows by 6.6% to $157 million in Q1 2019
Media IN/ ABU DHABI, 1st May, 2019 (WAM) ADNOC Distribution today reported that its first quarter 2019 net profit increased by 6.6 percent to US$157 million, compared with the same period last year. Excluding inventory gains recorded in Q1 2018, the 2019 first quarter’s underlying EBITDA grew by 16.5 …
Read More »Agthia Group Q1 2019 revenues hit AED508 million
Media IN/ABU DHABI, 1st May, 2019 (WAM) Agthia Group today reported Q1 2019 net profit of AED40 million and revenue of AED508 million, representing revenue growth of 3.4 percent compared to the same period in 2018. The Chairman of Agthia, Ayed Al Ahbabi, said, “Our core businesses maintained their growth …
Read More »The Saudi General Organization for Statistics publishes the results of the Household Income and Expenditure Survey for 2018
01-05-2019 Media in\ Riyadh The General Organization for Statistics announced at a press conference held at the headquarters of the Authority in Riyadh, the results of the household income and expenditure survey 2018. The head of the General Statistics Authority at the beginning of the conference appreciated the main …
Read More »Saudi Electricity reveals investment opportunities to its local Entrepreneurs in Al Majmaa Chamber
MediaIn / Riyadh 01 -05-2019 During a workshop under the theme “Building Program for the Localization of Electrical Industries and the Registration and Qualification Mechanism”, the Saudi Electricity Company reviewed a number of investment opportunities in the electrical projects and facilities offered to contractors, investors and local manufacturers at the …
Read More »Net international reserves of the UAE banking system exceeded 420 billion dirhams during the first quarter
01-05-2019 Media in\ Abu Dhabi The net reserves of the banking system in the UAE / banks and central bank / about 423.3 billion dirhams during the first quarter of 2019, an increase of 69 billion dirhams compared to the same quarter of 2018. The net increase in net reserves …
Read More »The Capital Market Authority of Saudi Arabia launches electronic Service which discloses the deceased’s Investment Assets.
Media In / Riyadh 01 -05-2019 This service allows the heirs or their legal agent and authorized persons to view the securities and investment accounts belonging to the deceased person through direct contact with the SDC. The system of the financial market and the strengthening of trust and integration with …
Read More »Trans-shipment containers rise in Saudi ports during the first quarter
01-05-2019 Media iN\ Riyadh The Saudi ports, which are supervised by the General Authority of Ports, have witnessed an increase in the total number of transshipment containers during the first quarter of 2019 by 516 thousand containers, an increase of 1.14% compared to the same period last year of 510 …
Read More »Saudi credit rating up to\ A \ + with a stable outlook According to the agency “Fitch”
Media in Riyadh Fitch Ratings affirmed Saudi Arabia’s credit rating at A + / with a stable outlook. Saudi Press Agency reported that the declaration refers to the financial strength of which Saudi Arabia enjoys including foreign reserves, and the proportion of low public debt, in addition to the huge …
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