Category Archives: Business & Finance

OPEC daily basket price for Thursday

VIENNA, The price of OPEC basket of fourteen crudes stood at US$60.51 a barrel on Thursday, 12th September, compared with US$62.08 the previous day, according to OPEC Secretariat calculations.

The fourteen crudes, from separate OPEC member countries, include a mix …

Trust in UAE banking sector shows 6% increase, reveals UBF survey

DUBAI, The UAE Banks Federation, UBF, has unveiled the results of its 2018 Trust Index Survey, revealing that 74 percent of respondents had high trust in the UAE banking sector, up from 68 percent in 2017. This is the fourth …

OPEC daily basket price announced for Monday

VIENNA, The price of OPEC basket of fourteen crudes stood at US$62.00 a barrel on Monday, 9th September, compared with US$60.75 the previous Friday, according to OPEC Secretariat calculations.

The fourteen crudes, from separate OPEC member countries, include a mix …

Kuwait oil price rises to US$61.45 pb

KUWAIT, Kuwait oil price rose US$1.02 to $61.45 per barrel on Monday compared to $60.43 pb last Friday, Kuwait Petroleum Corporation said on Tuesday.

According to the Kuwait News Agency, KUNA, in international markets, the Brent blend rose $1.05 to …

International tourism up 4% in 2019, WTO reports

SAINT PETERSBURG, International tourist arrivals grew 4 percent from January to June 2019, compared to the same period last year, according to the latest UNWTO World Tourism Barometer published ahead of the 23rd World Tourism Organisation General Assembly.

Growth was …