World

Media IN VIENNA, 18th July, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$64.60 a barrel on Wednesday, compared with US$66.13 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …

Media IN TOKYO, July 17, 2019, SPA France’s CAC 40 fell nearly 0.1% in early trading to 21,469.18, while Germany’s DAX was little changed but slightly lower at 12,427.90. Britain’s FTSE 100 slipped 0.3% to 7,558.30. U.S. shares were set to drift higher with Dow futures up 0.1% at 27,366. …

Media IN Amman, July 17, 2019, SPA Amman Stock Exchange (ASE) opened trading on Wednesday with a rise to 1,873 points compared to 1,871points of last session closure, according to market sources. The market index fluctuated between 1,873 points and 1,875 points in the first 15 minutes of today’s session …

Abu Dhabi, July 17, 2019 WAM The Organization of the Petroleum Exporting Countries (OPEC), posted an average rate of 6.4 percent and 1.92 million barrels per day (bpd) in the first half of 2019 compared with 2018 in a move described as consistent with the organization’s earlier decision to maintain …

Media IN CHANDIGARH, India, 17th July, 2019 WAM The recent launch of the ‘India-UAE Bridge’ initiative is set to attract both Indian and UAE trade and investments as DP World offers technology-driven end-to-end (e2e) smarter trade solutions to Indian trade fraternity.   India and the United Arab Emirates are poised to …

Media IN WASHINGTON, 16th July, 2019 (WAM) International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday, citing more clarity about her nomination to lead the European Central Bank as European legislators approved a new top bureaucrat. Lagarde said in a statement her resignation …

Media IN TOKYO, July 16, 2019, SP Japan’s benchmark Nikkei 225 lost 0.6% to 21,546.25 in afternoon trading. Australia’s S&P/ASX 200 lost nearly 0.1% to 6,646.40. South Korea’s Kospi added 0.3% to 2,089.34 and Hong Kong’s Hang Seng rose 0.2% to 28,613.72, while the Shanghai Composite shed 0.2% to 2,937.00. …

Media IN ADDIS ABABA, 16th July, 2019 WAM The Khalifa Fund for Enterprise Development, KFED, has signed a strategic partnership agreement with the Ethiopian Ministry of Finance aimed at providing over US$100 million (AED368 million) to help promote a culture of innovation and finance prominent projects in the Federal Democratic …

Media IN Bangkok, July 15 (BNA): Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of …

Media IN VIENNA, 12th July, 2019 WAM According to OPEC Secretariat calculations, the price of OPEC basket of fourteen crudes stood at US$67.57 a barrel on Thursday, compared with $66.10 the previous day. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy …