Media In Abu Dhabi – 7 January 2019 / UAE stock markets continued their gains for the second day in a row as institutional sentiment improved, boosting the market value of traded shares by nearly AED 3 billion, according to a daily analysis of transactions. The banking sector continued to …
Read More »The Saudi Stock Exchange closed at 7932.24 points
Media IN / Agencies 06 -01-2019 The index of major Saudi shares closed today, up 101.77 points to close at 7932.24 points, and trades worth more than 2.7 billion riyals. More than 98 million shares were traded in more than 84,000 shares, with 104 companies posting gains, while 59 stocks …
Read More »Bahrain’s general and Islamic indices are closing higher
Media IN / Agencies 06 -01-2019 Bahrain General Index closed today at 1,330.76, up 5.00 points from the previous close, and the Bahrain Islamic Index closed at 816.24, up 22.47 points from its previous close. The volume of traded shares amounted to 2, 395 thousand and 800 shares with a …
Read More »The Egyptian stock exchange is gaining 3.4 billion pounds and its index rises at the close of trading
MEDIA IN \ Agencies 06-01-2019 The Egyptian stock exchange index recorded mixed performance at the close of trading today, amid a state of cautious calm on the part of investors in selling and buying as a result of the restructuring of the financial portfolios at the beginning of the new …
Read More »Jordanian securities record 28 million shares increase in capital of “Royal Jordanian”
Media In / Amman January 6, 2019 Jordan Securities Depository Center (JSC) carried out the registration process for the capital increase of Royal Jordanian Airline (RJ) amounting to 28,512,128 shares. The capital was increased through non-public offering and the allocation of these shares to the shareholder of the Government Contribution …
Read More »Islamic Economics Institute holds a course in the basics of Islamic banking
MEDIA IN \ Agencies 06-01-2019 The Institute of Islamic Economics, King Abdulaziz University, held a training session in “Fundamentals of Islamic Banking” at the headquarters of the Financial Institute of the Saudi Arabian Monetary Agency. The session, which targeted the employees of the banking sector, comes within the framework of …
Read More »A geographical economic map of Dubai and the establishment of the first virtual trade area in 2019
Follow-up Media-Rasha el sharkawy- January 6, 2019 UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has announced the “Document of the 50th” which includes provisions for aspects of his vision for the future of Dubai and the life he wishes for …
Read More »Egypt: A cooperation protocol to encourage financial inclusion and support for small investors
Media in Cairo, 6 January 2019 Bank Misr and Bay Nass, one of the companies of the Fikratak initiative, affiliated to the Ministry of Investment and International Cooperation, signed a cooperation protocol to provide an electronic platform to provide human resources management services and pay salaries through a card designed …
Read More »Arab Plast 2019 opens with 900 exhibitors
MEDIA IN, Dubai, January 6, 2019 (WAM) Minister of Infrastructure Development, Dr. Abdullah Bin Mohammed Balheif Al Nuaimi opened today the Arab Plast 2019, the largest exhibition of the plastics, petrochemicals and rubber industry in the Middle East and North Africa region at the Dubai International Convention and Exhibition Center …
Read More »Dubai signs new global milestone in reducing water losses
Media In Dubai – 6 January 2019 Dubai Electricity and Water Authority (DEWA) has achieved a new world record in water losses, with the world’s lowest 6.6 per cent, up to 15 per cent in North America. Saeed Mohammed Al Tayer, Managing Director, Dubai Electricity and Water Authority (DEWA), said: …
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