Media IN SEOUL, June 30 2019 U.S. President Donald Trump on Sunday called for more balanced trade between Seoul and Washington, and requested South Korean firms expand their investment in the United States. During his visit to Seoul, Trump held a meeting with leaders of South Korean conglomerates, including Samsung …
Read More »EU and South American bloc reach trade deal to cut tariffs
Median IN BRUSSELS, 29th June, 2019 WAM The European Union and four South American countries clinched a deal Friday that would create a trade bloc of 780 million people, representing a quarter of the world’s economy. The new trade framework – part of a wider Association Agreement between the two …
Read More »S&P, Nasdaq Rise, Dow virtually Unchanged
Media IN New York, Jun 28, 2019, SPA The broader U.S. stock market rose Thursday. The Dow Jones industrial average was virtually unchanged, rising 5.14 to 26,541.96. Eighteen of the index’s 30 components gained. The broader Standard & Poor’s 500 index rose 11.14, or 0.4 percent, to 2,924.92, ending a …
Read More »The price of an ounce of gold stabilizes at 1400 US dollars
London 28-06-2019 The price of an ounce of gold settled at 1400 US dollars an ounce, where the spot market recorded 1408.23 US dollars. US gold contracts fell 0.2% to an ounce at settlement of $ 1,412. Elsewhere, silver was down 0.1% at $ 15.22 and platinum fell 0.6% to …
Read More »G20 summit Commences today with focus on Global economy
Media IN Osaka 28-06-2019 SPA Japan’s Prime Minister Shinzo Abe has expressed his country’s desire for the G-20 to add momentum to the reforms of the World Trade Organization, warning at the same time of risks that could lead to a global economic downturn. Abe urged the leaders of the …
Read More »UAE Trade Delegation concludes its trade fair in Africa
Media IN Johannesburg, 28-26-2019 The trade and investment delegation participated in the Africa Trade Fair, which concludes today in Johannesburg, South Africa, confirmed the success of the delegation’s mission in introducing the UAE products, stressing that the coming period will witness the opening of new markets for UAE exports in …
Read More »Saudi REITs Included in FTSE EPRA Nareit Global Real Estate Index Series
Media IN LONDON and RIYADH, June 26, 2019 The Saudi Stock Exchange (Tadawul) today announced the inclusion of Saudi Stock Exchange in the FTSE EPRA\ Nareit Emerging Index (EPRA: European Public Real-estate Association). The index is specialized in REITs and real-estate companies, similar to other global indices, a group of …
Read More »Saudi Arabia participates in Chemspec Exhibition
Media IN Basel, Switzerland, June 27,2019,SPA Saudi General Investment Authority held a pavilion entitled ” Invest in Saudi Arabia” at the 34th International Exhibition for Fine and Specialty Chemicals also known as Chespec Europe held here in Messe Basel, Switzerland. The joint public and private pavilion introduced potential investment opportunities …
Read More »Asian shares rise on Thursday
Media IN SINGAPORE, 27, June 2019, SPA Tokyo’s benchmark Nikkei 225 rose 1.2% to 21,338.17 and the Kospi in South Korea climbed 0.6% to 2,133.53. Hong Kong’s Hang Seng was up 1% at 28,514.97. The Shanghai Composite jumped 0.5% to 2,990.77 and Australia’s S&P/ASX 200 added 0.3% to 6,658.20. Shares …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 27th June, 2019 (WAM) The price of OPEC basket of fourteen crudes stood at US$65.60 a barrel on Wednesday, 26th June, compared with US$64.79 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
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