Economy & Trade

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The KSE was able to compensate some of its previous weeks' losses
December 28, 2014 - 12:52 GMT
Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 6,577.81 points, up by 5.58 percent from the week before closing, the Weighted Index increased by 5.95 percent after closing at 441.59 points, whereas the KSX-15 Index closed 1,069.99 points up by 7.19 percen

Today

The Jordanian Free Zones Corporation oversaw 77 investment projects in 2014. (AFP/File)
09:37 GMT

It's been a good year for Jordanian Free Zones Corporation after the organization attracted $500 million worth of investment to the kingdom in 2014.

December 28, 2014

Dubai Financial Market (DFM)
13:45 GMT

The pace of gains may slow on the Dubai index in 2015, and may not provide you with stellar gains seen in 2014.

Egypt says deal to import 120,000 T Russian wheat in Jan to be met
13:37 GMT

Russian officials have assured Egypt that deals to import 120,000 tonnes of wheat for delivery in January will be met,

December 25, 2014

Al-Sayed said the open-door policy of the seventies and the economic reform programme at the beginning of the nineties led to a rapid economic transformation.
04:55 GMT

The report added that 2014 can be labelled as the “beginning of stability and economic growth”.

December 24, 2014

Israel Police have arrested Deputy Minister of Internal Affairs Fania Kirshenbaum amongst others in a probe of suspected illegal transfers of public money to NGOs. (Image courtesy of Jerusalem Post)
13:43 GMT

Israeli Police have arrested more than 30 people in a probe of suspected illegal transfers of public money to NGOs.

DP World
08:33 GMT

DP World’s Mina Rashid port has successfully defended its title as the World’s Leading Cruise Port, for the seventh consecutive year, at the prestigious World Travel Awards 2014.

December 23, 2014

Mehleb Witnessed the Signing Ceremony
19:57 GMT

Project to provide technical and financial support to industrial facilities in line with environmental laws for pollution reduction

Hoshyar Zebari Iraqi Minister of Finance
19:37 GMT

The Iraqi cabinet Tuesday approved a 123 trillion dinar ($103 billion) draft budget for 2015 which envisions a deficit of 23 trillion dinars, Finance Minister Hoshiyar Zebari said.

Budget will be released after a special cabinet meeting
12:36 GMT

Previously, media had said the ministry was expected to make its 2015 budget statement on Monday afternoon

Marginal increase in gold market prices
11:50 GMT

Gold prices pulled away from a three-week low on Tuesday, but still remained below the $1,200 threshold as the strong U.S. dollar continued to weigh on the precious metal.

Saudi Investments in Oman
09:42 GMT

There is untapped potential for Saudi investments in Oman, officials said at the Omani-Saudi Investment and Trade Forum which began at the Bank Muscat headquarters on Monday.

Meeting between HE Ahmed Mahboob Musabih and HE Salem Muslim Samhan Al Kathiry, Manager of the Commercial Office of Sultanate of Oman in Dubai
07:11 GMT

During his visit to the Commercial Office of Sultanate of Oman in Dubai, His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs, praised the development of trade cooperation with the Sultanate of Oman.

December 22, 2014

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities (File Archive/ AFP).
18:00 GMT

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities.

A glut of wheat for the throngs of Egyptians (Image courtesy of oregonstate.edu)
11:26 GMT

Egypt signed contracts for 240,000 tonnes of French wheat and 60,000 tonnes of Russian wheat, at an average price of $273.94 per tonne to be delivered in January, the minister of supply and internal trade, Khaled Hanafi, said Sunday.

DP World and Al Khaleej Sugar recieve Largest Sugar Vessel at Jebel Ali
05:59 GMT

Al Khaleej Sugar has celebrated the arrival of MV UBC OTTAWA , the world’s largest sugar carrying vessel to call at DP World’s flagship Jebel Ali Port.