Media IN London 26th, May 2019 London stock exchange today welcomed the Abu Dhabi securities exchange and eight of its top listed corporates to an opening ceremony. The blue chip delegation was visiting London to ring the London stock exchange opening bell after meeting leading international investors at a road …
Read More »Chinese giant announced setting up a $10billion project with Abu Dhabi’s KIZAD
Media IN Abu-Dhabi 25, May 2019 Under the agreement, the two entities are looking into a possible 15 year, three-phase plan to develop 7.6 square kilometres of land at KIZAD The agreement was signed by Samir Chaturvedi, CEO of Kizad, and Meng Changjun, president of Investments, East Hope Group, in …
Read More »OPEC Basket Price Down
Media IN VIENNA, May 24 2019 The OPEC daily basket price stood at USD 68.56 a barrel Thursday, compared with USD 71.03 the previous day, the cartel said on Friday. The annual average of the OPEC basket price hit USD 52.43 pb in 2018. OPEC members and independent producers had …
Read More »Wall Street Closing Declined
Media IN New York, May 23, 2019, SPA The Dow Jones industrial average fell 100.72, or 0.4 percent, to 25,776.61. Eighteen of the index’s 30 components were lower, led by Apple, which dropped more than 2 percent. Goldman Sachs and Boeing each lost at least 1.7 percent. Coca-Cola led advancers, …
Read More »OPEC daily basket price announced for Wednesday
Media IN VIENNA, 23rd May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$71.03 a barrel on Wednesday, 22nd May, compared with US$71.71 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 »Asia markets fall amid US-China trade tension
Media IN Abu-Dhabi 23rd May 2019 Asia markets declined in Thursday afternoon trade as investors worried about the ongoing trade tensions between the United States and China. Mainland Chinese shares slipped by the afternoon, as the Shanghai composite declined 0.84% and the Shenzhen component fell 1.67%. The Shenzhen composite also …
Read More »Kuwait’s trade surplus with Japan
Media IN Tokyo, May, 22 2019 (KUNA) Kuwait’s trade surplus with Japan jumped 44.4 percent from a year ealier to JPY 70.9 billion (USD 641 million) in April, expanding for the first time in two months buoyed by strong exports, the Finance Ministry said Wednesday. Kuwait overall exports to Japan …
Read More »Wall Street Closing higher
Media IN New York, May 22, 2019, SPA The Dow Jones industrial average rose 197.43, or 0.8 percent, to 25,877.33. Twenty-five of the index’s 30 components gained, led by Intel and Caterpillar, which each surged more than 2 percent. Apple and United Technologies each climbed nearly 2 percent. Boeing advanced …
Read More »OPEC daily basket price announced for Tuesday
Media IN VIENNA, 22nd May, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$71.71 a barrel on Tuesday, 21st May, compared with $72.47 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 »USD exchange rate stable, Euro fall against KD
Media IN KUWAIT, May 21, 2019 KUNA The exchange rate of the US Dollar remained stable at KD 0.304, same did the Euro at KD 0.339, said the Central Bank of Kuwait (CBK) on Tuesday. The CBK added that the British Pound sterling went down to KD 0.386, while the …
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