Latest in Tag: kuwait Highlight

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Latest in Tag: kuwait


EPROM receives two offers to operate, maintain projects in Iraq, Kuwait

Egyptian Projects Operation and Maintenance (EPROM) received two offers to operate natural gas production and processing at Ciba field in Iraq, as well as the operation and maintenance of industrial water treatment units at Al-Zour field in Kuwait. EPROM Chairperson and CEO Amgad El-Ahmady said that the company has signed memoranda of understanding and technical …

Mohamed Farag

Tillerson in town

United States Secretary of State Rex Tillerson paid an official visit to Cairo, his first since he became America’s top diplomat a year ago, on Monday 12 February. The visit came as a part of a Middle Eastern tour for Tillerson that will also take him to Kuwait, Jordan, Lebanon, and, finally, Turkey. In Kuwait, …

Hussein Haridi

Al-Sisi receives letter from Al-Sabah regarding Qatar crisis

President Abdel Fattah Al-Sisi received on Monday a letter from the Kuwaiti Emir Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, handed by the Kuwaiti First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khalid Al-Sabah. The letter was regarding the Kuwaiti efforts in resolving the Qatari rift, and efforts in supporting unity and cooperation between …

Mohammed El-Said

Sideways trend dominates Gulf markets in past week’s trading

The Arab Gulf stock markets experienced a sideways trend over the past week affected by the high price of Brent Crude, which rose from $42.14 up to $46.97 per barrel since the beginning of August. Qatar led the region-wide rise to finish 2.57% higher during the past week’s trading. It increased from 10,681.08 points to …

Mohamed Ahmed

Kuwait tops Gulf stock markets amid varying performance

Performance of Gulf stock markets varied over the past week. The Kuwait Stock Exchange (KSE) rose by 1.29%, recording an average daily trade volume of KD 7.236m. The Qatar Stock Exchange (QSE) followed in second, having closed at 10,652.3 points and an average trade volume of QR 181.6m per day. The Muscat Securities Market (MSM) …

Daily News Egypt

Profits take over Gulf markets during last week’s trading

Qatar’s stock exchange topped the Gulf markets last week with an increase of 4.66%, reaching a level of 10,428.67 points, recording an average daily trading value of 144.914m riyals. Dubai capital market came second with an increase of 3%, reaching the level of 3,471.9 points, recording an average daily trading value of 496.84m dirhams. Saudi …

Daily News Egypt