News

Media In – Saleh Ali – 21 June 2018 Egyptian exports of ready-made garments to the United States increased by 51% to LE 23.6 billion in 2017. Egypt’s imports from the US amounted to 69.1 billion pounds for the same period of 2017. A report issued by the Central Agency …

Media IN 21-06-2018 According to informed sources, there has been a clear divergence in the attitudes of OPEC participants on the need to increase oil production. Some member states believe that current production should be maintained according to the 2017 agreement. Saudi Arabia and non-OPEC member Russia see increasing production …

Media IN – New York 21-06-2018 The New York State Financial Services Department said it would fined Germany’s Deutsche Bank more than $ 205 million for foreign exchange fraud. These violations involve improperly coordinating business with other financial institutions to enhance the Bank’s profits, according to the management statement. The …

Media IN  – Riyadh 21 \ 06 \ 2018 Morgan Stanley International (MSCI) said on Wednesday it would list Saudi Arabia in its Emerging Markets Index. Saudi Arabia’s Minister of Trade and Investment, Majid Bin Abdullah Al Qassabi, said that the listing of the MSCI Saudi market in the emerging …

Media IN – London 20 \ 06 \ 2018 The London Stock Exchange (FTSE 100) finished the day higher. The index of the top 100 companies on the London Stock Exchange closed up 0.31%, or 23.55 points, at 7627.40.

Media In – Vienna 20 June 2018 / WAM / “The global oil and gas sector is on the verge of a new historical phase with an increase in the demand for its products driven by growth in all major economies,” said Dr. Sultan bin Ahmed Al Jaber, Minister of …

MediaIn – Algeria 20 June 2018 Algeria’s trade deficit registered a decline of 63.7% during the first five months of this year, with a deficit of US $ 1,718 billion compared to US $ 4,734 billion for the same period last year. The Algerian customs said in a statement that …

Media In – Brussels 20 June 2018 SPA The European Commission (EC) announced in Brussels on Thursday that the EU will begin imposing a 25 percent import duty on a range of US products starting Friday. The move comes after the United States imposed tariffs on steel and aluminum from …

Media In – Dubai 20 June 2018 WAM   Danube Real Estate Company has launched its first project at Dubai World, “Lunz” at a cost of 500 million dirhams, which consists of 1064 units including studios, one-bedroom and two-bedroom apartments. “This project is the largest project we have so far,” …

Media In Dubai 20 June 2018, Emcredit, the Dubai-based developer of enterprise and credit solutions, has signed a strategic cooperation agreement with Digital Force Pro, the first of its kind in the region. The agreement aims to introduce the latest generation of advanced financial technology to digital payment point-based payment …