April 26, 2019
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April 7, 2019

DEAD SEA, Saturday, April 06, 2019 (WAFA) – President Mahmoud Abbas discussed today the latest developments with world officials on the sidelines of the meetings of the World Economic Forum on the Middle East and North Africa which opened today in the Dead Sea region in Jordan.

President Abbas met with the President of the World Economic Forum Borge Brende during which he briefed him on the overall political situation in Palestine, especially"...

 

April 25, 2019

NABLUS, Wednesday, April 24, 2019 (WAFA) – The 'Al-Quds Index' of the Palestine Exchange closed today’s trading at 528.55 points, down by 2.38 points (0.45%) compared to the last trading session, according to the PEX daily report.

A Total of 286,231 shares were traded with a value of $570,798.09 executed during 120 transactions.

Shares of 16 companies were traded. Share price increased in five companies whereas decreased in seven others.

Top"...

 
 
April 25, 2019

China’s central bank extended 267.4 billion yuan ($39.8 billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide struggling smaller business with a steady stream of affordable financing.

The major move suggests the People’s Bank of China (PBOC) is now leaning more on targeted tools to direct funding to parts of the economy that are still struggling, rather than more sweeping system-wide cash infusions used over the past year when there were worries of a sharper slowdown.

Expectations of further stimulus in China have shifted markedly since"...

 
 
April 25, 2019

Australian inflation slowed sharply last quarter to the lowest in three years on weak petrol prices and a stubborn lack of wage pressure, a disappointingly weak outcome that ticks one of the boxes for an interest rate cut perhaps as soon as May.

Just this month, the Reserve Bank of Australia (RBA) said that if inflation failed to accelerate as desired and unemployment were to suddenly trend higher, then rates would need to be cut from an already record low of 1.5 per cent.

“The data are all very weak and suggest a clear deceleration in inflation in early 2019 in a very disinflationary backdrop,” said Su-Lin"...

 
 
April 25, 2019

The Ajman-based Intershipping Services, in collaboration with the Gabonese Government had launched the International Ship Registry of Gabon in the UAE in a bid to provide modern and secured shipping services to leading ships around the globe.

The launch ceremony was held at Saray Ajman Hotel and attended by Sheikh Dr. Majid Bin Saeed al Nuaimi, Chairman of the court of the Ruler of Ajman, Justin Ndoundangoye, Minister of Transport and Logistics for the Republic of Gabon, Hamad Bin Hamdan Hmeed Al Matroushi, founder of Intershipping Services, Hysham A. Shaikh, Managing Director of Intershipping Services, Dnyaneshwar Manohar Mulay,"...

 
 
April 25, 2019

In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America's largest solar farm is rising, powered by funding and technology from China.

Local officials said they had sought help at home, the United States and Europe without success. Potential lenders and partners, they said, were spooked by the project's size and the fiscal woes of Jujuy province, one of the poorest in the country.

The Import-Export Bank of China saw it differently. The state-funded"...

 
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