Saturday 25 June 2016
 
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November

Saudi November imports drop 14pc

Saudi Arabia's imports in November fell 14.4 percent compared with a year earlier, while non-oil exports declined 12.6 per cent, data from the Central Department of Statistics and Information showed. Non-oil exports dropped to

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S Korea November exports fall less than expected

South Korean exports fell for an 11th straight month in November, while foreign orders shrank at a sharper pace, pointing to a further deterioration in global demand and prompting some analysts to call for more interest rate cuts.

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Iraq's Basra crude exports to drop in November

Opec's second-largest producer, Iraq, plans to export 2.819 million barrels per day (bpd) of Basra crude from its southern oil terminals in November, trade sources said, citing a preliminary loading programme.  

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Saudi Arabia to cut November crude prices to Asia

Saudi Arabia is expected to cut the prices of crude it sells to Asia in November after the Dubai benchmark weakened last month, in a move that will help the Organization of the Petroleum Exporting Countries (Opec) kingpin retain its market sha

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Dubai Maritime Agenda to launch in November

The Dubai Maritime Agenda will be launched in November this year in line with the Dubai Maritime Sector Strategy's (MSS) key objectives.   In its bid to transform Dubai as a first-class global maritime hub, M

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Fifa moves 2022 World Cup in Qatar to winter

Fifa ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18. Spokesman Walter De Gregorio said the wint

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November/December ‘the best World Cup option’

The Fifa Task Force set up to recommend the best time of year to stage the 2022 World Cup in Qatar were always in an impossible position, from the moment they sat down to consider the options. But Tuesday's recommendation to s

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Kuwait November inflation edges up to 3.1pc

The inflation in Opec member Kuwait edged up to 3.1 per cent year-on-year in November, according to official data. The prices of food and beverages, which account for over 18 per cent of the basket, rose 3.3 per cent year-on-year

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DGCX records 19pc growth in November volumes

The Dubai Gold and Commodities Exchange (DGCX) recorded a 19 per cent growth in volumes in November, as compared to the same period last year, training more than 980,000 contract, valued at $28.5 billion.   DGCX’s flags

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DFM traded shares value down 16pc in November

The value of shares traded at Dubai Financial Market during November reached Dh19.6 billion ($5.33 billion), compared to Dh23.3 billion ($6.34 billion) recorded during October, down 15.9 per cent. The number of shares traded decre

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