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Jordan imports 36K vehicles in H1 of 2023

July 24, 2023 Web Desk 0

Jordan imported a total of 36,014 vehicles during the first half of the current year, a report by the Jordan Chamber of Commerce (JCC) revealed on Monday. According to Salama Jabali, representative of the chamber’s automotive, heavy machinery and acce…

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Silal to open Innovation Oasis in Al Ain

July 21, 2023 Web Desk 0

ABU DHABI, 20th July, 2023 (WAM) — Silal is launching the Innovation Oasis, an advanced Innovation, Research, and Development Centre (RandD) in Al Ain, to enable an ecosystem to advance the UAE’s and region’s agriculture and food sector, using cuttin…

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Britain borrows less than expected in June

July 21, 2023 Web Desk 0

The British government borrowed less than expected in June, helped by higher tax receipts and a big drop in debt interest payments.Borrowing – the difference between spending and tax income – fell to ?£18.5bn, according to the Office for National Stati…

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Kuwait crude oil rises 9 cents to USD 81.58 pb – KPC

July 19, 2023 Web Desk 0

Kuwait crude oil edged up by nine cents in Tuesday’s trading to reach USD 81.58 per barrel compared with USD 81.49 pb on Monday, Kuwait Petroleum Corporation (KPC) said on Wednesday.Brent futures crude oil rose USD 1.13 to USD 79.63 pb and West Texas …

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Oil prices decline amidst concerns about US demand

July 19, 2023 Web Desk 0

Global oil prices fell Wednesday after rising in early Asian trading, as markets balance concerns about demand in the US, China’s pledge to support economic growth, decline in Russian supplies and decline in US inventories. According CNBC, Brent crude…

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Bahrain All Share Index closes higher

July 18, 2023 Web Desk 0

Bahrain All Share Index closed at 1,985.89 points marking an increase of 5.53 points above the previous closing.This increase was due to the rise in the consumer discretionary sector, financial sector and material sector.Bahrain Islamic Index closed at…