Media IN Kuwait May, 26, 2019 KUNA Kuwait over the counter market (OTC) witnessed an increase in trading volume last week, with 15.5 million shares changing hands. shares traded went through 17 transactions worth KD 458,500 (around USD 1.5 million). OTC report, issued on Sunday, indicated that immediate transactions had …
Read More »Bahrain clear signs co-operation pact with ”BENEFIT”
Media IN Manama, May 25 2019 (BNA): Bahrain Clear (‘BHC’), a fully owned subsidiary of Bahrain Bourse, signed a cooperation agreement with “BENEFIT”, the leading electronic transactions company, under which Bahrain Clear will join the Electronic Fund Transfer System (EFTS). The agreement was signed by Vice Chairman and Managing Director of Bahrain Clear,and BENEFIT’s …
Read More »Muscat Securities Market Gains 14 Points
Media IN Muscat, May 23, 2019, SPA Muscat Securities Market (MSM) general index (30) today added (14.46) points, comprising a rise by (0.374%) to close at (3875.89) points, compared to the last session, which stood at (3861.43) points. The trading value today stood at (RO 744,706), comprising a decline by …
Read More »USD and Euro Exchange rate stable on Thursday
Media IN Kuwait 23rd May, 2019 The exchange rate of the US Dollar remained stable at KD 0.304, same did the Euro at KD 0.339, said the Central Bank of Kuwait on Thursday The CBK added that the British Pound Sterling remained low at 0.384, while the Swiss Franc was …
Read More »KUFPEC signs agreement to license exploration and oil concession in Pakistan
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 …
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