Category Archives: General

OPEC daily basket price announced for Monday

VIENNA, The price of OPEC basket of fourteen crudes stood at US$72.47 a barrel on Monday, 20th May, compared with $72.57 the previous Friday, according to OPEC Secretariat calculations.

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

World Food Programme to consider suspension of aid in Houthi-controlled areas of Yemen

GENEVA, The United Nations World Food Programme, WFP, announced that it would consider suspension of aid in Houthi-controlled areas of Yemen, citing insecurity and obstructive and uncooperative role of some of the Houthi leaders.

”This phased suspension of WFP operations …

OPEC daily basket price at $72.61 a barrel Thursday

VIENNA, The price of OPEC basket of fourteen crudes stood at $72.61 a barrel on Thursday, compared with $71.26 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: …

Finablr lists shares on London Stock Exchange

LONDON, London Stock Exchange, LSE, today welcomed the UAE-based Finablr, a global payments and foreign exchange company, to open its London’s markets for trading and to celebrate the listing of the company’s shares on the Premium Segment of the Main …

Around 133 inmates to be electronically tagged instead of being imprisoned: Abu Dhabi Police

ABU DHABI, Around 133 inmates of the punitive and correctional establishments of the Abu Dhabi Police, ADP, will be electronically tagged, as an alternative to pre-trial detention and imprisonment, with the potential for early release in 2018.

Brigadier Ahmed Saif …

DFM rebounds 3.5 percent

DUBAI, Dubai Financial Market General Index rebounded in Tuesday’s trading session, closing up 3.5 percent to 2,613 points, underpinned by real estate and banking blue chips.

Emaar Malls rallied 13.7 percent over the last trading session, closing high at AED1.82, …