Media IN/Abu-Dhabi/8th May, 2019 (WAM) DUBAL Holding and China North Industries Corporation (NORINCO) signed a comprehensive MoU during the week of the 2nd Belt and Road Forum in Beijing to strengthen the strategic cooperation under the framework of the UAE Vision 2021 and China’s Belt and Road Initiative (BRI). The MoU …
Read More »US stocks close lower as trade fears mount with China
Media In New York\ 7-05-2019 US stocks tumbled today, as trade tensions between the United States and China surged, raising concerns linked to global growth and driving investors away from high-risk assets. The Dow Jones industrial average <.DJI> was down 472.17 points, or 1.79 percent, at 25,966.31. The benchmark S …
Read More »OPEC daily basket price announced for Tuesday
Media IN/Abu-Dhabi/ 8th May, 2019-WAM The price of OPEC basket of fourteen crudes stood at US$70.45 a barrel on Tuesday, 7th May, compared with US$70.23 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, includes a mix of blends and light and heavy …
Read More »Japan’s stock index closed lower on fears of worsening trade tensions
Media In – Tokyo 08-05-2019 The benchmark Nikkei <.N225> was down 1.5% to its lowest level in five weeks on Tuesday as concerns over the possible collapse of US-China trade talks continue to push the market as the strong yen pushed export stocks down. Nikkei lost 321.13 points to close …
Read More »Dnata and Lufthansa Group continue to build partnership in US
Media IN/Abu-d=Dhabi/ 8th May, 2019 (WAM) The Dubai-based aviation service provider will provide ramp, secure clean and passenger handling services to Lufthansa at Austin-Bergstrom International Airport and now serves the airline group, including Swiss International Air Lines, Austrian Airlines and Edelweiss Air, at eight airports in the country Expanding their …
Read More »Pakistani stocks close lower
Media In / Islamabad 6-05-2019 The index of the Karachi Stock Exchange, the largest stock market in Pakistan today, fell by 1.45% or 517 points, and closed at 35605 points. A total of 5435,280 shares changed hands in 317 transactions. The shares of 58 companies gained 588 shares and 21 …
Read More »Paris Stock Exchange closes lower
MEDIA IN PARIS 06-05-2019 SPA The Paris Stock Exchange closed down 1.18 percent on Friday. The CAC 40 index fell 65.32 points to 5483.52 points, amid a trading volume of 3.3 billion euros
Read More »Dubai-based World FZO appoints National Contact Points in key countries
Media IN/Abu dhabi/ 5th May, 2019 WAM The Dubai-based World Free Zones Organisation, World FZO, has signed agreements, appointing National Contact Points, NCP, in key countries. These NCP’s will coordinate research, knowledge sharing and information gathering at the local level. The agreements were signed during the first European Free Zones …
Read More »The Paris Stock Exchange closed slightly higher
04-05-2019 Media In\ Paris PARIS (Reuters) – The Paris Stock Exchange closed slightly higher at 0.18 percent. The CAC 40 index gained 9.98 points to 5548.84 points, amid a trading volume of 3.1 billion euros.
Read More »Pakistani stocks close lower
Media In / Islamabad 03-05-2019 The index of the Karachi Stock Exchange, Pakistan’s largest stock market, closed today down 1.18%, or 424 points, and closed at 36122 points. A total of 48576,200 shares were traded in 313 transactions, during which the market value of shares of 84 companies rose, and …
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