BEIJING 26 -10-2019 \ SPA China and Brazil are seeking to strengthen their trade relationship and cooperation between the two emerging economies. Chinese President Xi Jeping and his Brazilian counterpart, Jair Bolsonaro, currently visiting Beijing, reiterated the strengthening of trade relations, the need to continue cooperation among emerging economies, as …
Read More »Dubai is the regional headquarters of the German Gesrhe Diffrent
Dubai 26-10-2019 German cybersecurity company Gieseke Different has inaugurated its new regional headquarters and service development and training center at Silicon Park Integrated Smart City in Dubai Silicon Oasis Integrated Technology Free Zone. Dr. Mohammed Al Zarouni, Vice President and Chief Executive Officer of Dubai Silicon Oasis Authority, and Verena …
Read More »Oil falls, ending a three-day rally as growth concerns return
WASHINGTON 25 -10-2019 \ SPA Oil prices fell today, giving up some of their three-day gains, as expectations for economic growth renewed concerns about the outlook for fuel demand. Brent crude was down 18 cents, or 0.3 percent, at $ 61.49 a barrel. After rising about 1 percent on Thursday, …
Read More »Paris Stock Exchange closes higher
Paris 25 -10-2019 \ SPA The Paris Stock Exchange closed higher today by 0.67 percent. The CAC 40 index rose 37.82 points to reach the level of 5722.15 points, amid trading volume of 3.17 billion euros.
Read More »US stocks open lower
NEW YORK 26 -10-2019 \ SPA The US stock market started trading lower today. The Dow Jones industrial average <.DJI> was down 15.92 points, or 0.06 percent, at 2,6789.61. The Standard & Poor’s 500 Index <.SPX> was down 6.97 points, or 0.23 percent, at 3,003.32. The Nasdaq Composite Index was …
Read More »China is among the top 10 economies in doing business
Beijing on 25-10-2019 / WAM China has joined the top ten economies in the world in improving ease of doing business for the second year in a row thanks to a strong reform agenda, according to the World Bank Group’s Doing Business 2020 study. China carried out eight record business …
Read More »Oil prices are falling amid pressure on the market on expectations of weak demand
WASHINGTON 24 -10-2019 \ SPA Oil prices retreated today amid continued concerns over expectations of weak demand, after posting significant gains in the previous session following a sudden drop in US crude inventories. Brent crude futures fell 17 cents, or 0.3 percent, to $ 61 a barrel, and global benchmark …
Read More »London’s main index closed higher
LONDON 24 -10-2019 \ SPA London’s main FTSE 100 index closed higher. The index, which includes the largest (100) companies in the London Stock Exchange gains by 0.93 percent, equivalent to 67.51 points, to reach the level of 7328.25 points.
Read More »US stocks open mixed
NEW YORK 23 -10-2019 \ SPA US stocks opened mixed today, with Boeing rising after confirming the timetable for the return of its model 737 Max to service, in exchange for losses from Caterpillar and Texas Instruments, which fell shares due to weak expectations. The Dow Jones industrial average was …
Read More »French Consul General visits Madina Chamber of Commerce
Medina 23 -10-2019 \ SPA Mounir Mohamed Nasser, Chairman of the Chamber of Commerce and Industry in Medina, received at the chamber’s headquarters today the French Consul General Mustafa Maharaj. The meeting, which was attended by a number of officials at the Madina Chamber, dealt with trade relations and means …
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