Chris Beck, a member of Vitol’s executive committee and chairman of VTTI, said Wednesday that he expects Brent crude to be close to $100 a barrel by the end of the year. Beck added that the market value of Brent crude ranges between 80 and 100 dollars per barrel. Oil …
Read More »The meeting of the financial leaders of the Gulf countries and the International Monetary Fund to discuss economic issues
The finance ministers and central bank governors of the Gulf Cooperation Council (GCC) countries held a joint meeting with the Director of the International Monetary Fund, Kristalina Georgieva. The Saudi (Al-Ekhbariya) channel stated today, Monday, that the meeting discussed many issues in the region, most notably the damage to the …
Read More »3 Gulf markets are declining in conclusion.. Saudi Arabia and Muscat are violating the trend
3 Gulf stock markets fell, on Sunday, in the first session of the week, while the index of the Saudi and Muscat stock exchanges bucked, affected by the decline in global markets, last week. The Saudi index rose 0.74% to 11,490 points, amid trading of 4.8 billion riyals. The Kuwait …
Read More »“Salalah” port tends to attract giant standard containers.
Muscat Media In: Port of Salalah tends to attract giant standard containers. And the port services company, which manages the port, announced that the company’s board of directors agreed to rent 10 handling cranes that would allow the port the ability to deal with this type of container ships. Which …
Read More »Funds and investment institutions increase trading to 15.4 million Omani riyals
Muscat Media In: Last week, local investment funds and institutions injected more liquidity into the Muscat Stock Exchange, bringing the trading value to 15.4 million riyals. The executed deals rose from 1,483 deals to 2,432 deals, recording an increase of 64%.
Read More »The “winged horse” flies in the sky of the Emirates on this date
The Emirates Astronomy Society revealed the most prominent astronomical events that will be seen in the Emirates during this October, which can be distinguished or seen with the naked eye. In its monthly bulletin, the association drew attention to the most prominent bright stars in the evenings of this month, …
Read More »Muscat Stock Exchange lists the preference rights of Sahara International Bank.
Muscat Media In: The Muscat Stock Exchange listed the preference rights of Sahara International Bank, which offered 1.6 billion shares to the depression to exercise the right of preference at a price of 102 baisas per share during the period from (12 to 20 September this year) and Bestin issued …
Read More »A semi-collective rise in Gulf stocks… and the Kuwaiti market is on the election holiday
Most of the Gulf stock markets rose in the trading session, Thursday, driven by relative stability in oil prices; The continued rise in global bond yields has fueled fears of a recession. The Abu Dhabi market index rose 0.44% to 9,782.25 points, amid transactions of 7.03 billion dirhams, while the …
Read More »The heritage of coffee: the pot and the cup… the symbolism of the meaning and the fragrant heritage
The levels of fame of the coffee making equipment and the methods of serving it are no less or different from the fact that it is, of all kinds, the most famous drink in the world. People are masterful in the forms and types of these tools, such as couches …
Read More »Abu Dhabi organizes the Parents’ Forum November 2
The Department of Education and Knowledge – Abu Dhabi is organizing the first “Parents’ Forum” of its kind in the world, which will be held at Al Ittihad Arena – Yas Island, from November 2 to 4, 2022. The pivotal role that parents and the family as a whole play …
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