Wednesday 26 November 2014
 
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premium

Bapco seals 2015 gasoil, jet fuel term deals at lower premiums

Bahrain Petroleum Co (Bapco) has sealed its 2015 gasoil and jet fuel term deals at lower premiums than the current year, industry sources said.   Term premiums were set lower as buyers expected reduced import dem

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Aluminium pricing may never be the same again

The splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the L

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Adnoc finalises 2015 jet fuel term contracts at lower premium

Abu Dhabi National Oil Co (Adnoc) has finalised its 2015 jet fuel term contracts at slightly lower levels than the current year, industry sources said.   The refinery finalised its January to December 2015 jet fu

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Kuwait seals 2015 gasoil term at low premium

Kuwait Petroleum Corp (KPC) has sealed its 2015 gasoil term deal with buyers at a premium of $1.30 a barrel to Middle East quotes on a free-on-board (FOB) basis, down 42 per cent versus its 2014 deal, industry sources said.  

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Global air traffic grows 4.5pc in August

International premium and economy air passenger numbers grew at the same rate of 4.5 per cent  in August compared to a year ago, up on the July growth of 2.6 per cent. The strong expansion in passenger numbers between August

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Takaful premiums post 7pc growth in Bahrain

Increasing demand for Sharia-compliant insurance in Bahrain has led to takaful premiums growing more than seven per cent last year, it has emerged. According to Central Bank of Bahrain (CBB) executive director of financial institu

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SNIC premiums register 23pc growth

Bahrain-based Saudi National Insurance Company (SNIC) has reported a growth of 23 per cent in gross written premium at BD11.2 million ($29.70 million) for the first six months of the year when compared with BD9.1 million ($24.1 million) for the

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Bahrain insurance premiums grow 8pc

Bahrain insurance market has posted a gross premium increase of eight per cent to register BD258.41 million ($681.7 million) last year, compared to the previous year, according to the Central Bank of Bahrain.

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Gulf premium may vanish as views of region shift

Long a key feature of the Middle Eastern bond market, the "Gulf premium" is fading and may vanish entirely as soon as this year if the region continues to gain ground as a mainstream investment destination. The premium i

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Only 45pc Saudi vehicles insured due to premium rise

Only 45 percent of vehicles on Saudi Arabia’s roads are insured, owing to a four-fold rise in premiums, said a report.   An official of Najm Company that deals with road accident cases in the country on beh

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