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Kuwait crude oil gain $2.22 to $84.26 pb

January 4, 2023 Web Desk 0

Kuwait crude oil gained US$2.22 during Tuesday’s trading sessions to reach US$84.26 per barrel compared with US$82.04 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.Brent futures, however, dropped $3.81 to $82.10 pb, and West Texa…

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Iraq’s oil earnings topped $115 billion in 2022

January 4, 2023 Web Desk 0

Iraq’s oil revenues in 2022 exceeded US$115 billion, figures announced by the oil ministry on Tuesday, showed.“The total revenue from the export of crude oil for the year 2022 amounts to more than US$115 billion,” Minister for Oil Hayan Abdel-Ghani sai…

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Abu Dhabi bourse extends gains on Tuesday

January 3, 2023 Web Desk 0

Abu Dhabi bourse extended gains on Teuesday with the main index (.FTFADGI) advancing 0.342 percent, driven by the hospitality and energy sectors.The country’s largest lender First Abu Dhabi Bank (FAB.AD) was also up 0.470 percent, closing at AED17.280….

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UAE leads Arab world in exports of manufactures

December 30, 2022 Web Desk 0

ABU DHABI, The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with a total value of $142.5 billion, according to the Arab Monetary Fund (AMF)According to the AMF’s Joint Arab Economic Report, the UAE’s manufac…