Media IN BEIJING, May 31st, 2019 WAM At a ceremony held at the China National International Convention Centre, Dubai-based global developer Emaar Thursday signed a memorandum of understanding (MoU) with Beijing New Aeropolis Holdings (BNA) to jointly develop a Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, …
Read More »Global shares mixed on Thursday
Media IN TOKYO, May 30, 2019, SPA European shares were mostly higher in early trading Thursday after a drop in Asia. France’s CAC 40 added 0.4% in early trading to 5,242.66, while Germany’s DAX rose nearly 0.6% to 11,902.87. Britain’s FTSE 100 edged up 0.2% to 7,201.12. U.S. shares were …
Read More »Malaysia Sustains its 22nd position in World Competitiveness centre Yearbook 2019
Media IN Kuala Lumpur, May 29: Malaysia has maintained its 22nd rank, among 63 countries, in the World Competitiveness Yearbook (WCY) 2019 published by IMD World Competitiveness Centre, based in Lausanne, Switzerland. With a score of 82.54 out of 100 points, Malaysia sustained its position for the second year, reflecting …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 29th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$68.84 a barrel on Tuesday, compared with US$67.42 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 …
Read More »Asian Shares closed Higher
Media IN TOKYO, May 28, 2019, SPA Asian stocks mostly rose in trading Tuesday, AP reported. Japan’s benchmark Nikkei 225 added 0.4% in early trading to 21,274.60, while Australia’s S&P/ASX 200 gained 0.6% to 6,490.40. South Korea’s Kospi was little changed but inched up to 2,045.11. Hong Kong’s Hang Seng …
Read More »OPEC daily basket price announced for Monday
Media IN VIENNA, 28th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.42 a barrel on Monday, 27th May, compared with US$67.40 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light …
Read More »Oil mixed as China’s economy weakens, but OPEC cuts still support crude
Media IN SINGAPORE 28th May 2019: Oil prices were mixed on Tuesday, pressured by a weakening economy, especially in China, yet still supported by ongoing supply cuts from producer club OPEC and U.S. sanctions against Iran and Venezuela. Front-month Brent crude futures LCOc1 , the international benchmark for oil prices, …
Read More »OPEC daily basket price announced for Friday
Media IN VIENNA, 27th May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$67.40 a barrel on Friday, 24th May, compared with US$68.56 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 »Government of Indonesia celebrates listing two green Sukuk totalling USD 2 billion on Nasdaq Dubai
Media IN Dubai 26thMay 26, 2019 His Excellency Husin Bagis, the Indonesian Ambassador to the UAE accompanied by His Excellency Ridwan Hassan, Consul General of the Republic of Indonesia in Dubai, today rang the Nasdaq Dubai market-opening bell to celebrate the listing of two green Sukuk issued by the government …
Read More »Mercury capital Advisors Group Announces Strategic Investment by Investcorp
Media IN Manama May 26, 2019, Investcorp, a leading global provider and manager of alternative investment products, today announced it has entered into a definitive agreement to acquire Mercury Capital Advisors (Mercury), one of the world’s leading institutional capital raising and investment advisory enterprises. As part of the transaction, Mercury …
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