Wednesday, 27 May 2020

Day: May 8, 2020

Global stocks boosted by U.S.-China talks ahead of key U.S. jobs data

LONDON,  Global shares rallied on Friday as investors cheered signs of improving Sino-American relations and looked towards more governments gradually reopening their economies, Reuters reported. The positive mood stands in sharp contrast to the economic data. U.S. unemployment numbers due later on Friday are expected to be the worst in a lifetime as the coronavirus […]

Global stocks boosted by U.S.-China talks ahead of key U.S. jobs data 2 LONDON

Oil prices climbed as countries including Australia moved ahead with plans to relax economic and social lockdowns put in place to halt the virus pandemic, kindling market hopes for a boost in demand for crude and its products. Brent crude was up 77 cents, or 2.6%, at $30.23 a barrel, while U.S. oil gained $1.06, […]

Sultanate of Oman Reports 154 New Coronavirus Cases

Muscat,  Omani health ministry reported today 154 new coronavirus cases, bringing the total number to 3112 cases. The Ministry of Health said in a statement that the total number of deaths related to the coronavirus has reached 15 while 1025 cases have been recovered. Source: Saudi Press Agency

9120 Cases of Recovery from Covid-19, in KSA, Ministry of Health Spokesman Announces

Riyadh,  Under the chairmanship of the Minister of Health Dr. Taufiq bin Fozan Al-Rabia’h, Coronavirus’ Developments Follow up Committee held its 79th meeting here today. Following the meeting, Assistant to the Minister of Health and Official Spokesman of the ministry Dr. Mohammed Al-Abdulali pointed out, in his daily briefing, that there are 1701 newly confirmed […]

Pakistani, Kuwaiti FMs Discuss Coronavirus Pandemic

Islamabad,  Pakistani Foreign Minister Shah Mahmood Qureshi discussed with his Kuwaiti counterpart Sheikh Ahmed Nasser Al-Mohammed Al-Sabah, the fallouts of the Coronavirus Pandemic and other issues of common interest. The two ministers underscored, during the conversation, the importance of consolidating bilateral relations between the two countries, in the domains of health, food security and energy, […]

Yanbu Industrial Port Receives Largest Ship Docked at Samref Station

Yanbu, TORM Maren ship arrived at King Fahd Industrial Port in Yanbu at berth number 55 of Samerf station. TORM Maren is the largest petrochemical ship the station has received since its establishment, with a load of 109,000 tons of gasoline. This advanced stage comes within the strategic plan, which aims to develop the Kingdom’s […]

Wall Street Closing

New York, U.S. stocks rose Thursday, The Dow Jones industrial average rose 211.25, or 0.9 percent, to 23,875.89. The broader Standard & Poor’s 500 index rose 32.77, or 1.15 percent, to 2,881.19. The technology-heavy Nasdaq composite index rose 125.27, or 1.4 percent, to 8,979.66. Source: Saudi Press Agency