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01 June 12:33 PM

Levant news

Photo Credit: Arabianeye-Reuters
16 May 2017 05:10 PM Crédit Agricole collected $1bn in 6M
By: Mostafa Adel Cairo - Mubasher: The managing director of Credit Agricole - Egypt said that the bank US dollar inflows from its customers reached $1 billion since the pound flotation until now. Francois Edouard Drion told Mubasher on Tuesday …
Macroeconomics Global Indices
Photo Credit: Arabianeye-Reuters
22 April 2017 09:02 PM Saudi Arabia to launch biggest goldmine Monday
Riyadh - Mubasher: Saudi Prince Khalid al-Faisal Al Saud, the Governor of Makkah, will officially inaugurate on Monday Al Dawaihi goldmine and factory, the biggest goldmine in Saudi Arabia. The goldmine is owned by the Saudi Arabian Mining Company …
Companies Investments Global Indices
The agreement aims at enhancing retail appeal - (Photo Credit: Press Release)
8 April 2017 05:27 PM DGCX, DMCC signs MoU with RAK Bank to develop precious metals products
Mubasher: The Dubai Gold and Commodities Exchange (DGCX), the Dubai Multi Commodities Centre (DMCC) and the National Bank of Ras Al Khaimah (RAK Bank) signed a Memorandum of Understanding (MoU) on Saturday for the development of bullion products, …
Companies Investments Global Indices
Oil prices saw its first monthly drop since October 2016 - (Photo Credit: Arabianeye-Reuters)
7 February 2017 09:55 PM Al-Rajhi Capital rise TP for Yansab, SAFCO
Riyadh - Mubasher: Al-Rajhi Capital increased their target price (TP) for Yansab and SAFCO up to SAR 58 and 62 per share, respectively, and reiterated their ratings and target prices for most Saudi petrochemicals companies. According to a recent …
Stock Evaluations Global Indices
Qatargas will supply 1.1 million tonnes of Liquefied Natural Gas - (Photo Credit: Arabianeye-Reuters)
19 October 2016 05:51 PM Qatargas, Petronas ink new deal
Doha - Mubasher: Qatargas announced on Wednesday that it has signed a new deal with Petronas UK Limited (PLUK), to supply 1.1 million tonnes of liquefied natural gas until 31 December 2023, according to the company’s statement. The new five-year …
International Agreements Global Indices
The temporary closing of the station will affect the company's revenues - (Photo Credit: Arabianeye-Reuters)
21 September 2016 01:19 AM Oula Fuel Marketing to renew Al Fintas station
Kuwait - Mubasher: Oula Fuel Marketing said it will close its gas station no 49 in Al Fintas area for maintenance, renewal and development. Al Sharjah International has been assigned to redevelop the station, the operation will be carried out in a …
Commodities Global Indices
In mid-June 2016, the Fed left its benchmark interest rate steady at 0.5% (Photo credit: Arabianeye - Reuters)
11 September 2016 11:57 PM US interest rates to remain unchanged -NBK
Mubasher: The Federal Reserve is expected to keep interest rates unchanged amid the decline of the US dollar against major currencies, in addition to low employment rate and slowdown in US services sector, according to a report by the National …
Macroeconomics Global Indices
The bank may raise about $500 million this year- (Photo Credit: Arabianeye-Reuters)
13 August 2016 01:06 PM ABK to issue dollar bonds for 1st time – Agency
Kuwait – Mubasher: Al Ahli Bank of Kuwait (ABK) is considering the issuance of dollar-dominated bonds for the first time to get long-term financials to boost growth. The bank may raise about $500 million this year, Bloomberg reported on Thursday. …
Bonds Global Indices
Photo Credit: Arabianeye - Reuters
30 August 2015 00:30 PM China maintains commitment to reforms
Mubasher: Chinese officials announced last Tuesday policy measures that would reduce liquidity tensions in the country and boost economic growth, Asiya Investments said in a report. The country’s benchmark lending and deposit rates were cut by 25 …
Macroeconomics Global Indices