Media IN /kuwait 23/may 2019 The Kuwait Foreign Petroleum Exploration Company (KUFPEC), represented by its subsidiary KIRHATAR Pakistan, has entered into a licensing agreement Exploration and excellence of Petroli in the sector of Makhad in Pakistan, which extends over an area of 1560 square kilometers. The agreement was signed on …
Read More »Kuwait GDP rose by 1.6 percent Last Year: World Bank
Media IN Kuwait, May 23rd 2019 Kuwait’s GDP rose by 1.6 percent in 2018 after dropping 3.5 percent the year before, the World Bank revealed on Wednesday. The figures were mentioned by the Gulf cooperation council country Director, on the fringes of the world Bank’s bi-annual economies’ …
Read More »Bahrain Bourse implements smaller tick framework
Media IN Manama, May 22 (BNA): As part of its efforts to enhance market liquidity, Bahrain Bourse announced the implementation of a new tick size framework which aims to unify all categories of listed financial instruments (excluding Debt and Treasury-bill securities) at BD 0.001 and $ 0.001. A tick size …
Read More »Bahrain All Share Index Closed Higher Today
Media IN Manama, May 22 2019 (BNA): Bahrain All Share Index has closed at 1,410.84 points marking an increase of 1.41 points above the previous closing. This increase was due to the rise in the Investment Sector and Services Sector. Bahrain lslamic Index has closed at 747.70 points marking an increase of 12.73 points above the previous closing. Results indicated that 98 equity transactions took place with a volume …
Read More »US Dollar and Euro stabilizes at the exchange rate market: CBK
Media IN Kuwait 22-may-2019 The exchange rate of the USD Dollar on wednesday was stable exchanging at KD 0.304, the same case with the Euro which also stabilised at KD 0.339, said the Central Bank of Kuwait. The CBK added that the British Pound sterling stabilised at 0.386, the same …
Read More »Kuwait’s trade surplus with Japan
Media IN Tokyo, May, 22 2019 (KUNA) Kuwait’s trade surplus with Japan jumped 44.4 percent from a year ealier to JPY 70.9 billion (USD 641 million) in April, expanding for the first time in two months buoyed by strong exports, the Finance Ministry said Wednesday. Kuwait overall exports to Japan …
Read More »Bahrain’s general and Islamic indices are closing higher
Manama \Media in, 21-25-2019 Bahrain General Index closed at 1,409.43 points, up 12.97 points from the previous close. The index closed at 734.97 points, up 1.81 points from the previous close. The volume of shares traded today amounted to 4, 188 thousand and 150 shares with a total value of …
Read More »KUWAIT Bourse ends Tuesday’s trading in green Zone
Media IN Kuwait, May 21, 2019 KUNA Boursa Kuwait ended trading Tuesday in green zone as the premier market index went up by 51.03 points to reach 6,058.34 points. The main market index went up by 10.86 points to reach 4,708.54 points, same as the All share market index which …
Read More »Dana Gas commences drilling Operations at Egypt’s Merak -1 Well
SHARJAH, 21st May, 2019 (WAM) — Dana Gas a leading gas company in Sharjah, announced it has begun drilling operations at itsEgypt’s offshore Merak-1 well, one of the three world class exploration prospects in Block 6, on 20 may. This block is in the Eastern Mediterranean Basin where other giant …
Read More »Kuwait Bourse market Index gains points on Monday
Media IN Kuwait 20-05-2019 KUNA Boursa Kuwait ended trading Monday on mix board as the premier market index went up by 2.47 points to reach 6,007.31 points. The value of trades was KD 22.1 million with the volume reaching 76.1 million shares done through 5,296 deals
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