Media IN Manama, May 20 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 294%.Subscriptions worth BD126.444 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on …
Read More »OPEC daily basket price announced for Friday
Media IN VIENNA, 20th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$72.57 a barrel on Friday, 17th May, compared with $72.61 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »OPEC’s JMMC re-affirms commitment and ensuring oil market stablity
Media IN Jeddah, 20th May, 2019 (WAM) Yesterday 19 May 2019 the JMMC organized its 14th meeting in Jeddah, Saudi Arabia were it reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals. The JMMC expressed its satisfaction regarding …
Read More »Muscat Securities Market General Index stood at 30 today
Media IN Muscat 19-05-2019 SPA Muscat Securities Market (MSM) general index (30) today added (1.96) points, comprising a rise by (0.051%) to close at (3860.83) points, compared to the last session, which stood at (3858.87) points. The trading value today stood at (RO 996,012), comprising a decline by (10.5%) compared …
Read More »US Dollar up and Euro declines against Kuwait Dinar (KD)
Media IN Kuwait 19-05-2019 The exchange rate of the US Dollar went up to KD 0.304, while the Euro went down to KD 0.339, said the Central Bank of Kuwait (CBK) sunday The CBK added that the British Pound Sterling went down to KD 0.386. Meanwhile, the Swiss Franc was …
Read More »OTC trading registers positive performance at start of the week
Media IN KUWAIT, May , 19 2019 KUNA OTC report, issued on Sunday, indicated that immediate transactions had a positive performance, with trading reaching 301,300 shares, at a value of KD 6,020 (around USD 19,800) done through 12 transactions. Boursa Kuwait had launched OTC as a new trading platform for …
Read More »KUWAIT exports up 30 percent last April: Ministry
Media IN Kuwait, MAY 18 2019 Kuwait’s non-oil exports rose 30 percent last April, compared with the same time period in 2018, announced the ministry of commerce and industry on Saturday. Total exports were about KD 12.3 million (approximately USD 40 million), compared with KD 8.8 million in 2018 (about …
Read More »Oman Oil Price Rises 1.55 US Dollar
Media IN Muscat, May 16 2019 (ONA) Dubai Mercantile Exchange (DME) said that Oman oil price (July Delivery 2019) today reached 72.43 US Dollars. The DME statement said that the price of Oman oil today rose 1.55 US Dollar from the price of yesterday “Wednesday,” which was 70.88 US Dollars. …
Read More »Muscat Securities Market Gains 30 Points
Media IN Muscat, May 16, 2019, SPA Muscat Securities Market (MSM) general index (30) today added (30.66) points, comprising a rise by (0.801%) to close at (3858.87) points, compared to the last session, which stood at (3828.21) points. The trading value today stood at (RO 1,113,243), comprising a decline by …
Read More »USD, EURO stable at KD 0.303, KD 0.340
Media IN Kuwait May, 16-2019 The exchange rates of the US Dollar and the Euro were stable at KD 0.303 and KD 0.340, said the Central Bank of Kuwait (CBK) Thursday. The Central Bank of Kuwait added that the British Pound Sterling went down to KD 0.390. Meanwhile, the Swiss …
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