Oil prices edged up on Friday boosted by stronger than expected US economic data though the longer-term outlook for energy markets remains weak due to a global oil supply glut and uncertainty over economic growth prospects in Asia.
Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China.
More than 1,125 financial insitutions have signed up for SWIFT's Know Your Customer (KYC) Registry, a centralised repository that will maintains a standardised set of information about financial institutions required for KYC compliance.
The Bahrain News Agency (BNA) and the Turkish Anadolu Agency (AA) have agreed to enhance their co-operation by exchanging news, publishing reports and photos, taking advantage of each other’s professional and technical expertise and orga
Ithraa, a government-run, ISO and Investor in people certified inward investment and export promotion agency, is set to hold a full-day Trade Up Seminar for a large business crowd.
It will discuss the role of e
Fortress Film Clinic, a joint venture between a leading investment firm in the Middle East region Fortress Capital Investments and production company Film Clinic, has lined up mega productions set to herald a new era in the visual media produc
Gold edged up on Friday as the dollar softened and investors weighed the impact of China's currency intervention on the timing for the first US interest rate increase in nearly a decade.
Bullion was set to
Arabian Cement Company (ACC) has launched its social start-up programme ‘Khaleeha Suessi,’ in collaboration with Nahdet El Mahrousa (NM), an incubator of early stage social enterprise in the Middle East and North Africa (Mena) region
Saudi Arabia-based Alwaleed Philanthropies has donated electric generators to Om Onaique village, Al-Tharwah village, and Asfal Al-Jafra in Asir region in the kingdom.
The number of homes benefiting from Alwaleed Foundation’
Oil markets stabilised in cautious trading on Friday (June 5) ahead of an Opec decision that is likely to keep the market oversupplied and sets aside warnings of a second lurch lower in prices as some members like Iraq and Iran look to ram